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  • May 15, 2024

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    • 4:01PM ET on Wednesday May 15, 2024 by PR Newswire
      Companies Mentioned: KOD

       Kodiak Sciences Inc. (Nasdaq: KOD), today reported business highlights and financial results for the quarter ended March 31, 2024.

      "We continue to make excellent operational progress with our three clinical programs of tarcocimab, KSI-501 and KSI-101, as well as on our duet and triplet research programs," said Victor Perlroth, M.D., Chief Executive Officer of Kodiak Sciences. "We are enrolling well in GLOW2 and remain on track to activate mid-year our next Phase 3 study DAYBREAK in wet AMD which is designed to investigate the efficacy, durability and safety of tarcocimab and KSI-501 in parallel against aflibercept. We also expect to initiate Phase 1b enrollment in June for the APEX study of KSI-101, our anti-IL-6, VEGF-trap bispecific protein, in patients with macular edema associated with inflammation."

    • 4:01PM ET on Wednesday May 15, 2024 by Dow Jones
      Companies Mentioned: KOD
      Interest expense -- (4) Other income (expense), net (337) 222 ---------- ---------- Net loss $ (43,039) $ (70,780) ========== ========== Net loss per common share, basic and diluted $ (0.82) $ (1.35) ========== ========== Weighted-average shares of common stock outstanding used in computing net loss per common share, basic and diluted 52,510,460 52,337,603 ========== ========== Kodiak Sciences Inc. Condensed Consolidated Balance Sheet Data (in thousands) (Unaudited) March 31, December 31, 2024 2023 ------------ ------------ Cash and cash equivalents $ 245,919 $ 285,507 Working capital $ 226,657 $ 247,580 Total assets $ 434,759 $ 479,372 Accumulated deficit $(1,195,570) $(1,152,531) Total stockholders' equity $ 241,189 $ 265,781
    • 4:01PM ET on Wednesday May 15, 2024 by Dow Jones
      Companies Mentioned: KOD
      Interest expense -- (4) Other income (expense), net (337) 222 ---------- ---------- Net loss $ (43,039) $ (70,780) ========== ========== Net loss per common share, basic and diluted $ (0.82) $ (1.35) ========== ========== Weighted-average shares of common stock outstanding used in computing net loss per common share, basic and diluted 52,510,460 52,337,603 ========== ========== Kodiak Sciences Inc. Condensed Consolidated Balance Sheet Data (in thousands) (Unaudited) March 31, December 31, 2024 2023 ------------ ------------ Cash and cash equivalents $ 245,919 $ 285,507 Working capital $ 226,657 $ 247,580 Total assets $ 434,759 $ 479,372 Accumulated deficit $(1,195,570) $(1,152,531) Total stockholders' equity $ 241,189 $ 265,781
  • May 13, 2024

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