other material
confidence medium
sentiment neutral
materiality 0.60
Kala enrolls first patient in PCED trial, closes $31M private placement
KALA BIO, Inc.
- Enrolled first patient in CHASE Phase 2b trial of KPI-012 for persistent corneal epithelial defect; top-line data targeted for Q1 2024.
- Closed $31.0M private placement in December 2022, extending cash runway into Q1 2025.
- Completed sale of EYSUVIS and INVELTYS to Alcon in Q3 2022 to focus on rare eye diseases.
- Reported Q4 and FY2022 financial results; specific figures not available in the provided excerpt.