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Earnings Call Summary | Kodiak Sciences(KOD.US) Q4 2023 Earnings Conference

Futu News ·  Mar 29 09:44  · Conference Call

The following is a summary of the Kodiak Sciences Inc. (KOD) Q4 2023 Earnings Call Transcript:

Financial Performance:

  • No financial performance details were provided in the call.

Business Progress:

  • Kodiak Sciences successfully completed three Phase 3 studies for the Tarcocimab program targeting various conditions and is nearing a potential registration filing.

  • Progress is ongoing with KSI-501, with completed Phase 1 studies and expectations to initiate a Phase 3 study in wet AMD by mid-year.

  • A Phase 1b study for KSI-101 targeting macular edema is set to begin in Q2.

  • Plans to initiate a combined Phase 3 study with Tarcocimab and KSI-501 are afoot.

  • All three clinical programs of Kodiak are set to advance to pivotal Phase 3 studies within the present cash runway by 2024.

  • Kodiak plans to begin pivotal studies for three late-phase molecules: tarcosimab and KSI-501; expected completion is set for 2026.

  • The company is working towards demonstrating the contribution of the mechanism by paralleling special clinical subgroups post receiving non-inferiority pivots for approval of the molecules.

  • Kodiak believes the market potential for KSI-501 could be robust if both molecules showcase a differentiated durability profile as expected.

More details: Kodiak Sciences IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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