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
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