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Dec 31, 2021

Krystal Biotech Q4 2021 Earnings Report

Reported financial results for the fourth quarter and year ending December 31, 2021, and provided an update on operational progress.

Key Takeaways

Krystal Biotech reported positive topline data from the Phase 3 trial of VyjuvekTM for the treatment of dystrophic epidermolysis bullosa and is working towards global regulatory filings. The company's cash, cash equivalents and investments totaled $502.5 million on December 31, 2021.

Announced positive topline data from the pivotal GEM-3 trial of topical Vyjuvek for the treatment of dystrophic EB.

On track to file a biologics license application (BLA) with the U.S. Food and Drug Administration (FDA) in 1H 2022 and a marketing authorization application with the European Medicines Agency (EMA) in 2H 2022.

Expects to initiate a Phase 1 clinical trial of inhaled KB407 in patients with CF in Australia in 1H 2022 and plans to expand the Phase 1 trial clinical program to the U.S. in 2H 2022.

Jeune Aesthetics expects to announce safety and proof-of-concept efficacy data from the Phase 1 study of intradermal KB301 in 1Q 2022.

EPS
-$0.94
Previous year: -$0.53
+77.4%
Cash and Equivalents
$341M
Previous year: $268M
+27.2%
Free Cash Flow
-$61.8M
Previous year: -$15.2M
+305.6%
Total Assets
$626M
Previous year: $311M
+101.5%

Krystal Biotech

Krystal Biotech