other material
confidence high
sentiment neutral
materiality 0.60
KalVista reports Q3 net loss $22.5M; KVD900 Phase 3 trial initiated, data expected H2 2023
KalVista Pharmaceuticals, Inc.
- Net loss of $22.5M ($0.92/share) vs $10.0M loss ($0.56) YoY; R&D spend $19.7M (up from $9.1M).
- Cash and securities $194.8M at Jan 31, 2022, down from $248.9M at Apr 30, 2021.
- Initiated Phase 3 KONFIDENT trial for KVD900 on-demand HAE treatment; data expected H2 2023.
- Phase 2 KOMPLETE trial for KVD824 (prophylaxis) enrolling on track; data expected mid-2023.
- Factor XIIa inhibitor program advancing; first IND anticipated in 2023.