earnings
confidence high
sentiment neutral
materiality 0.65
FibroGen Q1 loss $0.81; China roxadustat sales up 47%; pamrevlumab Ph3 data expected in 2023
KYNTRA BIO, INC.
2023-Q1 EPS reported
-$0.81
revenue$36,161,000
- Net loss $76.7M ($0.81/sh) vs $63.2M ($0.68/sh) in Q1 2022.
- Total revenue $36.2M, down from $60.8M (prior year included $25M milestone).
- China roxadustat net product revenue $24.2M (+28% YoY); total China sales $64.1M (+47%).
- Completed non-dilutive term loan facility of up to $150M with Morgan Stanley Tactical Value.
- Topline data from four Phase 3 trials (pamrevlumab in DMD, IPF, LAPC; roxadustat in CIA) expected through 3Q 2023.