Kiniksa Q1 ARCALYST revenue $78.9M (+85% YoY); raises 2024 guidance to $370-390M
Kiniksa Pharmaceuticals International, plc
- ARCALYST net product revenue $78.9M in Q1 2024, up 85% YoY; total revenue $79.9M vs $48.3M in Q1 2023.
- Net loss $17.7M vs $12.3M loss in Q1 2023; cash and investments $213.6M, no debt outstanding.
- Raises 2024 ARCALYST net product revenue guidance to $370-390M from prior $360-380M.
- Plans to initiate abiprubart Phase 2b trial in Sjögren's Disease in second half of 2024.
- About 2,000 prescribers have written ARCALYST since launch; average therapy duration ~23 months.