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Kiniksa Pharmaceuticals International (KNSA) Stock News, Nov 2021-Aug 2022

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Kiniksa Pharmaceuticals International, plc develops and commercializes novel therapies for diseases with unmet need, with a focus on cardiovascular indications. News about Kiniksa commonly covers ARCALYST (rilonacept), an IL-1α and IL-1β cytokine trap approved by the FDA for recurrent pericarditis and other autoinflammatory indications.

Company updates also address ARCALYST commercial performance, patient-awareness initiatives in recurrent pericarditis, quarterly and annual financial results, and portfolio execution. Additional recurring themes include the KPL-387 recurrent pericarditis program, KPL-1161 IL-1 receptor antagonist development, corporate updates, and healthcare conference presentations.

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Kiniksa Pharmaceuticals, Ltd. (KNSA) will host a conference call and live webcast on August 3, 2022, at 8:30 a.m. Eastern Time to discuss its Q2 2022 financial results and corporate activities. The live webcast will be available on the company's website, with a replay accessible about 48 hours post-event. Kiniksa focuses on developing therapeutic medicines for significant unmet medical needs, with key portfolio assets including ARCALYST®, vixarelimab, KPL-404, and mavrilimumab.

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Kiniksa Pharmaceuticals reported Q1 2022 net revenue of $22.2 million from ARCALYST, contributing to total revenues of $32.2 million. The company anticipates full-year net revenue from ARCALYST between $115 million and $130 million and expects cash reserves to sustain operations through 2024. Kiniksa's strategic collaboration with Huadong Medicine is expected to yield potential milestone payments up to $640 million. Despite a net loss of $25.2 million, this is an improvement from the previous year's loss of $49.5 million.

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Kiniksa Pharmaceuticals, Ltd. (KNSA) will hold a conference call on May 3, 2022, at 8:30 a.m. Eastern Time to discuss its Q1 2022 financial results and corporate activities. A live webcast will be available on their website, with a replay accessible 48 hours post-event. Kiniksa focuses on developing therapeutic medicines for debilitating diseases, with a portfolio that includes ARCALYST®, vixarelimab, KPL-404, and mavrilimumab, targeting significant unmet medical needs through innovative biologic mechanisms.

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Kiniksa Pharmaceuticals reported Q4 2021 net revenue of $18.7 million from ARCALYST, totaling $38.5 million for the full year. Profitability was achieved in Q4 2021. The company expects ARCALYST net revenue for 2022 to range from $115 million to $130 million. A strategic collaboration with Huadong Medicine is set to enhance the development of ARCALYST and mavrilimumab in the Asia Pacific. Kiniksa's Q4 2021 net loss narrowed to $36.3 million from $53.7 million year-over-year, while cash reserves stood at $182.2 million.

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Kiniksa Pharmaceuticals (KNSA) announces a strategic collaboration with Huadong Medicine to develop and commercialize ARCALYST and mavrilimumab in the Asia Pacific region, excluding Japan. Kiniksa will receive $22 million upfront and could earn up to $640 million in milestone payments, alongside tiered royalties. This partnership aims to enhance access to treatments for severe autoimmune diseases, leveraging Huadong's regional expertise and resources.

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Kiniksa Pharmaceuticals, Ltd. (Nasdaq: KNSA) will hold a conference call and live webcast on February 22, 2022, at 8:30 a.m. ET to discuss its fourth quarter and full-year 2021 financial results and provide a corporate update. The event aims to inform investors and the public about the company's performance and strategies. A live webcast will be available on its website, with a replay accessible within 48 hours. Kiniksa focuses on developing therapeutic medicines for diseases with significant unmet needs, utilizing innovative assets like ARCALYST and mavrilimumab.

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Kiniksa Pharmaceuticals (KNSA) provided a corporate update on January 10, 2022, highlighting significant milestones for 2022. The company noted a successful launch of ARCALYST for recurrent pericarditis, with strong adoption. Year-end cash reserves are approximately $182 million, enough to fund operations into 2024. Upcoming developments include Phase 2b data for vixarelimab in prurigo nodularis expected in 2H 2022 and KPL-404's Phase 2 trial in rheumatoid arthritis currently enrolling patients. The complete 2022 ARCALYST revenue guidance will be shared with Q4 2021 financial results.

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Kiniksa Pharmaceuticals (KNSA) announced its participation in the 40th Annual J.P. Morgan Healthcare Conference on January 10, 2022, at 1:30 p.m. ET. A live webcast of the presentation will be available on Kiniksa's website, with replays accessible within 48 hours post-event. The firm focuses on developing therapeutic medicines for diseases with significant unmet needs, featuring assets like ARCALYST® and mavrilimumab. For more details, visit www.kiniksa.com.

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Kiniksa Pharmaceuticals (KNSA) announced that the Phase 3 trial for its investigational drug mavrilimumab, targeting COVID-19-related acute respiratory syndrome (ARDS), failed to meet its primary efficacy endpoint. The trial involved 582 patients and aimed to assess mavrilimumab's effectiveness in hospitalized patients with severe COVID-19 pneumonia. Despite the disappointing results, Kiniksa remains optimistic about mavrilimumab's potential and plans to focus on its ARCALYST franchise and other drug development programs, including vixarelimab and KPL-404.

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Kiniksa Pharmaceuticals (Nasdaq: KNSA) will participate in a fireside chat at the Evercore ISI 4th Annual HealthCONx Conference on November 30, 2021, at 12:10 p.m. ET. The presentation will be available via live webcast on Kiniksa’s website, with a replay accessible approximately 48 hours post-event. Kiniksa is focused on developing therapeutic medicines for patients with significant unmet medical needs, boasting a portfolio including ARCALYST®, mavrilimumab, vixarelimab, and KPL-404, targeting various immunological conditions.

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FAQ

What is the current stock price of Kiniksa Pharmaceuticals International (KNSA)?

Kiniksa Pharmaceuticals International (KNSA) last closed at $83.17.

What is the market cap of Kiniksa Pharmaceuticals International (KNSA)?

The market cap of Kiniksa Pharmaceuticals International (KNSA) is approximately $6.5B.