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Dec 31, 2019

Krystal Biotech Q4 2019 Earnings Report

Reported financial results for 2019 and provided a business progress update.

Key Takeaways

Krystal Biotech reported its 2019 financial results, highlighting the commencement of the pivotal study for B-VEC and the anticipation of interim Phase 1/2 clinical results for KB105 in the first half of 2020. The company also broke ground on its second cGMP manufacturing facility, ASTRA, and strengthened its senior management team.

Phase 3 trial of B-VEC to start in 1H 2020.

Interim results on Phase 1/2 clinical study on KB105 to be announced in 1H 2020.

Planned filing of two Investigational New Drug Applications (INDs) in 2H 2020.

Company strengthened portfolio with four new patents covering B-VEC, KB105 and the STAR-D platform.

EPS
-$0.31
Previous year: -$0.28
+10.7%
Cash and Equivalents
$194M

Krystal Biotech

Krystal Biotech