other material
confidence high
sentiment neutral
materiality 0.70
Kiniksa reports ~$182M year-end cash sufficient into 2024; mavrilimumab Phase 3 fails; pipeline updates
Kiniksa Pharmaceuticals International, plc
- Preliminary year-end 2021 cash, cash equivalents and short-term investments of ~$182M (unaudited), expected to fund operations into 2024.
- Mavrilimumab Phase 3 in COVID-19 ARDS did not meet primary endpoint; company evaluating next steps.
- Full-year 2022 ARCALYST net revenue guidance to be provided with Q4 and full-year 2021 financial results.
- Vixarelimab Phase 2b data in prurigo nodularis expected in second half of 2022.
- KPL-404 Phase 2 trial in rheumatoid arthritis now enrolling and dosing patients.