Kalvista Pharm Stock Price, News & Analysis

KalVista Pharmaceuticals (NASDAQ: KALV) announced the granting of 20,000 inducement stock options to four newly-hired employees as part of their employment agreement on August 3, 2021. The options have an exercise price of $20.65 per share, aligning with the closing price on the grant date. Vesting occurs in stages, with one-fourth vesting after one year and the rest monthly over three years. KalVista focuses on developing small molecule protease inhibitors for serious diseases, including hereditary angioedema and diabetic macular edema.

KalVista Pharmaceuticals (KALV) released its operational update and financial results for the fiscal year ending April 30, 2021. Notable progress includes positive Phase 2 results for KVD900, with a Phase 3 program review set with the FDA. However, no revenue was reported for the year, compared to $12.7 million in the previous year, due to the expiration of the Merck Option Agreement. The net loss increased to $46.2 million, primarily from R&D spending and lack of revenue. Cash reserves improved to $248.9 million after a successful public offering in February 2021.

KalVista Pharmaceuticals, Inc. (NASDAQ: KALV) presented significant data at the European Academy of Allergy and Clinical Immunology (EAACI) Congress on its oral drug candidates. The late-breaking poster showcased Phase 2 results for KVD900, showing that it halted attack progression and accelerated symptom resolution in hereditary angioedema (HAE) patients. Additionally, posters addressed the prevalence and management challenges of normal C1-INH HAE in the US. KVD900 demonstrated a favorable safety profile, positioning it as a potential key therapy for HAE patients.

KalVista Pharmaceuticals, Inc. (NASDAQ: KALV) announced multiple abstracts accepted at the European Academy of Allergy and Clinical Immunology Congress, July 10-12, 2021. Key highlights include:

• KVD900: A phase 2 trial showed it significantly slows hereditary angioedema (HAE) attacks.
• Nationwide surveys on HAE treatment prevalence and management.
• Research on oral Factor XIIa inhibitor KVD998052 for acute respiratory distress syndrome (ARDS).

The company focuses on developing small molecule protease inhibitors for unmet medical needs.

KalVista Pharmaceuticals (NASDAQ: KALV) announced the presentation of clinical data for KVD900 at the 12th C1-Inhibitor Deficiency & Angioedema Workshop. KVD900 demonstrates rapid plasma kallikrein inhibition and significantly improves symptoms of hereditary angioedema (HAE) attacks within 24 hours. The Phase 2 trial involved 68 patients, with 53 successfully completing it. KVD900 has received FDA Fast Track designation and EMA approval for its Pediatric Investigational Plan, indicating promising regulatory support for its development.

KalVista Pharmaceuticals (NASDAQ:KALV) will participate in a fireside chat at the Jefferies Virtual Healthcare Conference on June 2, 2021, at 10:30 a.m. ET. A live webcast is available at www.kalvista.com, with an audio archive accessible for 30 days post-event.

KalVista focuses on small molecule protease inhibitors for unmet medical needs, particularly targeting hereditary angioedema and diabetic macular edema. Their candidate KVD900, aimed at acute HAE attacks, completed a significant Phase 2 trial in February 2021.

KalVista Pharmaceuticals (NASDAQ: KALV) announces KVD900's acceptance for oral presentation at the 12^th C1-Inhibitor Deficiency & Angioedema Workshop from June 3-6, 2021. The presentation will detail a Phase 2 trial's findings, showcasing KVD900's pharmacokinetic and pharmacodynamic profile and its effectiveness in treating hereditary angioedema (HAE) attacks. This highlights KalVista's ongoing commitment to addressing unmet needs in HAE treatment through innovative therapies.

KalVista Pharmaceuticals, Inc. (NASDAQ: KALV) announced the appointment of Dr. Paul K. Audhya as Chief Medical Officer. Dr. Audhya brings over 20 years of experience in clinical development and global medical affairs across various therapeutic areas. This strategic addition aims to enhance the company's late-stage drug development and global commercialization efforts, particularly as they advance their oral hereditary angioedema franchise. Dr. Audhya expressed enthusiasm about joining KalVista at a pivotal time for their innovative therapies.

KalVista Pharmaceuticals, Inc. (NASDAQ: KALV) has announced that the FDA has placed a clinical hold on its Phase 2 trial for KVD824, an oral candidate for hereditary angioedema (HAE). The FDA requested further information and refinements to the study protocol without demanding new studies. CEO Andrew Crockett expressed intent to comply with FDA requests, noting that this hold does not affect the development of KVD900, which is preparing for a Phase 3 trial. Historical data show safe dosing of KVD824 in prior studies, with no serious adverse events reported.