earnings
confidence high
sentiment positive
materiality 0.75
Krystal Biotech reports first VYJUVEK revenue of $8.6M; net income $80.7M in Q3 2023
Krystal Biotech, Inc.
2023-Q3 EPS reported
$0.08
revenue$8,556,000
- VYJUVEK net product revenue $8.6M in Q3 2023; 284 Patient Start Forms from 136 prescribers; patient compliance 96%.
- Net income $80.7M ($2.79 diluted EPS) vs net loss ($29.9M) year-ago; includes $100M gain on PRV sale.
- Cash, equivalents and investments $598.6M; R&D expense $10.6M; SG&A $23.7M.
- Pipeline: Cohort 1 complete in Phase 1 KB407 (CF); first patient dosed in Phase 1 KB707 (solid tumors); IND cleared for KB408 (AATD).
- B-VEC filed for EU marketing authorization; Japan extension study dosed 5 patients; PRV sold for $100M; ASTRA facility operational.