earnings
confidence high
sentiment positive
materiality 0.65
Kiniksa Q1 2022 ARCALYST net revenue $22.2M; net loss narrows to $25.2M; FY2022 guidance $115-130M
Kiniksa Pharmaceuticals International, plc
2022-Q1 EPS reported
-$0.36
revenue$32,189,000
- ARCALYST net revenue $22.2M in Q1 2022 versus $0 in Q1 2021; total revenue $32.2M including $10M collaboration revenue.
- Net loss $25.2M, improved from $49.5M loss in Q1 2021; cash $145.6M, no debt.
- Full-year 2022 ARCALYST net revenue guidance $115M-$130M; cash expected to fund operations into at least 2024.
- Strategic collaboration with Huadong Medicine for Asia Pacific rights: $22M upfront, up to $640M milestones, tiered royalties.
- Over 400 prescribers for ARCALYST since launch; ~95% coverage approval; ~60% patients retained on therapy through Q1 2022.