earnings
confidence high
sentiment positive
materiality 0.85
Krystal Biotech reports Q2 2023 net loss $33.2M; VYJUVEK launch yields 121 patient start forms
Krystal Biotech, Inc.
2023-Q1 EPS reported
-$3.00
- VYJUVEK approved May 19; 121 Patient Start Forms submitted in first six weeks of launch.
- Cash, cash equivalents and investments $505.9M as of June 30, 2023.
- Net loss $33.2M ($1.25 per share) vs $28.1M ($1.10 per share) in Q2 2022.
- First CF patient dosed with KB407 in Phase 1 trial; KB707 IND accepted with Fast Track designation.
- Positive coverage from UnitedHealthcare and other national/regional health plans for VYJUVEK.