other material
confidence high
sentiment positive
materiality 0.60
Cara Therapeutics updates pipeline timelines; cash $123M, runway into 2H2024
Tvardi Therapeutics, Inc.
- KORSUVA injection US launch ongoing; Japan approval expected 2H2023; EU launch 2H2022.
- Oral difelikefalin Phase 3 for non-dialysis CKD-aP (KICK1/2) topline data 2H2024.
- Phase 3 for atopic dermatitis (KIND1/2) internal readout 4Q2023, topline 1H2025.
- Phase 2/3 for notalgia paresthetica (KOURAGE1) internal readout 2H2024.
- Cash $123M as of Mar 31, 2023; no debt; cash runway into 2H2024.