KRYS Krystal Biotech Inc.

42.6
+0.35  (+1%)
Previous Close 42.25
Open 41.91
52 Week Low 31.89
52 Week High 66.85
Market Cap $837,688,913
Shares 19,664,059
Float 14,905,002
Enterprise Value $536,789,492
Volume 141,031
Av. Daily Volume 161,065
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Upcoming Catalysts

Drug Stage Catalyst Date
B-VEC (Beremagene Geperpavec)
Epidermolysis Bullosa
Phase 3
Phase 3
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Drug Pipeline

Drug Stage Notes
KB301
Wrinkles and acne scars
Phase 1
Phase 1
Phase 1 trial to be initiated 2H 2020.
KB105
Transglutaminase-1 Deficient Autosomal Recessive Congenital Ichthyosis
Phase 1/2
Phase 1/2
Phase 2 commencement of enrollment announced August 10, 2020.

Latest News

  1. Initiated the pivotal GEM-3 clinical study evaluating B-VEC in DEB patients

           Today announced enrollment of 1st patient in Phase 2 clinical study evaluating KB105 in ARCI patients

    On track to initiate Phase 1 trial of KB301 for an aesthetic indication in 2H 2020

           Strong balance sheet with June 30, 2020 cash, cash equivalents and marketable securities of $297 million

    PITTSBURGH, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today reported financial results and key operational progress updates for the second quarter ending June 30, 2020.

    "The future of Krystal shines brighter…

    Initiated the pivotal GEM-3 clinical study evaluating B-VEC in DEB patients

           Today announced enrollment of 1st patient in Phase 2 clinical study evaluating KB105 in ARCI patients

    On track to initiate Phase 1 trial of KB301 for an aesthetic indication in 2H 2020

           Strong balance sheet with June 30, 2020 cash, cash equivalents and marketable securities of $297 million

    PITTSBURGH, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today reported financial results and key operational progress updates for the second quarter ending June 30, 2020.

    "The future of Krystal shines brighter than ever. We enter the second half of the year with a Phase 3 trial in DEB, a Phase 2 trial in ARCI and expect to initiate a Phase 1 trial in aesthetic skin conditions in the near term, leading to multiple data readouts in the next 6 to 12 months," said Krish Krishnan, chairman and chief executive officer of Krystal Biotech, Inc. He added, "With the completion of our recent stock offering, we have the financial strength to support our clinical programs, expand our pipeline to pulmonary indications and complete our second GMP facility to support growth in our pipeline demand. I look forward to updating you as the year progresses."  

                 

    Program Highlights & Upcoming Events

    Beremagene Geperpavec (B-VEC) for DEB

    • In July 2020, Krystal announced the initiation of the pivotal GEM-3 study. The trial is a randomized, double-blind, intra-patient, placebo controlled multicenter study designed to evaluate the efficacy and safety of B-VEC for patients suffering from both recessive and dominant dystrophic forms of Epidermolysis Bullosa. Details of the pivotal study can be found at www.clinicaltrials.gov under NCT identifier NCT04491604.
    • Top line data and Biologics License Application (BLA) filing are anticipated in 2021. Data from this trial will also form the basis of an Marketing Authorisation Application (MAA) filing in the EU which is anticipated to occur shortly after the BLA filing. 
    • In May 2020, at the Society for Investigative Dermatology (SID) annual meeting, Dr. Peter Marinkovich, M.D. (associate professor of dermatology and director of the Blistering Disease Clinic at Stanford University) presented an overview of data from the GEM-1 and GEM-2 studies.

    KB105 for ARCI-Icthyosis

    • Today Krystal announced the enrollment and dosing of the first patient in the Phase 2 clinical study of KB105 in patients with TGM1 deficient autosomal recessive congenital ichthyosis (ARCI).  Treatment of a larger area is being evaluated. Details of the Phase 2 study can be found at www.clinicaltrials.gov under NCT identifier NCT04047732.
    • Positive safety and efficacy data from the first 3 adult patients enrolled in the study were reported in May 2020 and were presented at the SID meeting by Dr. Amy S. Paller, M.D. (chair, Department of Dermatology, Northwestern University). 

    KB407 for Cystic Fibrosis

    • In May 2020, at the American Society of Gene & Cell Therapy (ASGCT) meeting, Krystal presented initial in vitro pharmacology data for KB407.  The data showed that our vector was able to efficiently infect Small Airway Epithelial Cells (SAEC) derived from CF patients and generate full-length, properly localized, and functional CFTR protein.
    • Pre-clinical validation work is ongoing, and an IND filing is anticipated in 2021.

    KB301 for Aesthetic Indications 

    • The Company is on track to initiate a Phase 1 clinical safety and efficacy study of KB301 for the treatment of wrinkles and acne scars in 2H 2020.

    KB104 for Netherton Syndrome

    • The Company continues to work towards an IND filing.

    Financial results for the quarter ended June 30, 2020

    • Cash, cash equivalents and short-term investments totaled $297.2 million on June 30, 2020. The cash balance as of June 30, 2020 reflects the receipt of net proceeds of $117.2 million from the Company's May 2020 follow-on stock offering.
    • Research and development expenses for the second quarter ended June 30, 2020 were $3.6 million, compared to $4.2 million for second quarter 2019.
    • General and administrative expenses for the second quarter ended June 30, 2020 were $3.3 million, compared to $1.7 million for second quarter 2019.
    • Net losses for the quarters ended June 30, 2020 and 2019 were $6.8 million and $5.3 million or ($0.37) and ($0.37) per common share (basic and diluted), respectively.
    • For additional information on the Company's financial results for the second quarter ended June 30, 2020, refer to form 10-Q filed with the SEC.

    About Krystal Biotech

    Krystal Biotech, Inc. (NASDAQ:KRYS) is a gene therapy company dedicated to developing transformative medicines to treat diseases caused by protein or gene dysfunction.. For more information, please visit http://www.krystalbio.com.

    Forward-Looking Statements

    Any statements in this press release about future expectations, plans and prospects for Krystal Biotech, Inc., including but not limited to statements about the development of Krystal's product candidates, such as plans for the design, conduct and timelines of ongoing clinical trials of beremagene geperpavec ("B-VEC"), KB105, KB104, KB301 and KB407; the clinical utility of B-VEC, KB105, KB104, KB301 and KB407, and Krystal's plans for filing of regulatory approvals and efforts to bring B-VEC, KB105, KB104, KB301 and KB407 to market; the market opportunity for and the potential market acceptance of B-VEC, KB105, KB104, KB301 and KB407; plans to pursue research and development of other product candidates; the sufficiency of Krystal's existing cash resources; the unanticipated impact of COVID-19 on Krystal's business operations, pre-clinical activities and clinical trials; and other statements containing the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "likely," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and conduct of clinical trials, availability and timing of data from clinical trials, whether results of early clinical trials or trials will be indicative of the results of ongoing or future trials, uncertainties associated with regulatory review of clinical trials and applications for marketing approvals, the availability or commercial potential of product candidates including B-VEC, KB105, KB104, KB301 and KB407, the sufficiency of cash resources and need for additional financing and such other important factors as are set forth under the caption "Risk Factors" in Krystal's annual and quarterly reports on file with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Krystal's views as of the date of this release. Krystal anticipates that subsequent events and developments will cause its views to change. However, while Krystal may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Krystal's views as of any date subsequent to the date of this release.

    CONTACTS:

    Investors:

    Ashley R. Robinson 

    LifeSci Advisors

    Media:

    Darren Opland, PhD

    LifeSci Communications

    Source: Krystal Biotech, Inc.

     

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  2. PITTSBURGH, July 30, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech Inc., ("Krystal") (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced that Krish S. Krishnan, chairman and chief executive officer, will be participating in a fireside chat at the William Blair BioTech Conference taking place August 4-6, 2020.

    Details for the presentation are as follows:

    William Blair BioTech Conference
    Presentation Date:Thursday, August 6, 2020
    Presentation Time:11:00 a.m. ET
    Webcast:http://wsw.com/webcast/blair57/krys/

    A webcast of the presentation will be available for 30 days and can be found on the Krystal Biotech website at: http://ir.krystalbio.com/events-and-presentations/events

    PITTSBURGH, July 30, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech Inc., ("Krystal") (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced that Krish S. Krishnan, chairman and chief executive officer, will be participating in a fireside chat at the William Blair BioTech Conference taking place August 4-6, 2020.

    Details for the presentation are as follows:

    William Blair BioTech Conference
    Presentation Date:Thursday, August 6, 2020
    Presentation Time:11:00 a.m. ET
    Webcast:http://wsw.com/webcast/blair57/krys/

    A webcast of the presentation will be available for 30 days and can be found on the Krystal Biotech website at: http://ir.krystalbio.com/events-and-presentations/events.

    About Krystal Biotech

    Krystal Biotech, Inc. (NASDAQ:KRYS) is a gene therapy company dedicated to developing and commercializing novel treatments for patients suffering from dermatological diseases. For more information, please visit http://www.krystalbio.com.

    Forward-Looking Statements

    Any statements in this press release about future expectations, plans and prospects for Krystal, including but not limited to statements about the development of Krystal's product candidates, such as plans for the design, conduct and timelines of ongoing clinical trials of bercolagene telserpavec ("B-VEC") and KB105, the clinical utility of B-VEC and KB105 and Krystal's plans for filing of regulatory approvals and efforts to bring B-VEC and KB105 to market, the market opportunity for and the potential market acceptance of B-VEC and KB105, plans to pursue research and development of other product candidates, the sufficiency of Krystal's existing cash resources, the unanticipated impact of COVID-19 on Krystal's business operations, and other statements containing the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "likely," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and conduct of clinical trials, availability and timing of data from clinical trials, whether results of early clinical trials or trials will be indicative of the results of ongoing or future trials, uncertainties associated with regulatory review of clinical trials and applications for marketing approvals, the availability or commercial potential of product candidates including B-VEC and KB105, the sufficiency of cash resources and need for additional financing and such other important factors as are set forth under the caption "Risk Factors" in Krystal's annual and quarterly reports on file with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Krystal's views as of the date of this release. Krystal anticipates that subsequent events and developments will cause its views to change. However, while Krystal may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Krystal's views as of any date subsequent to the date of this release.

    CONTACTS:

    Investors:

    Ashley R. Robinson 

    LifeSci Advisors

    Media:

    Darren Opland, PhD

    LifeSci Communications

    Source: Krystal Biotech, Inc.

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    • The randomized, double-blind GEM-3 trial will compare repeat dosing of either B-VEC or placebo in approximately 30 dystrophic epidermolysis bullosa (DEB) patients 

    • Top line data and BLA filing are anticipated in 2021; EMA aligned on pivotal study design and an MAA is anticipated shortly after BLA

    PITTSBURGH, July 28, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced the initiation of GEM-3 study, a multi-center, placebo-controlled, double-blinded, Phase 3 clinical study of beremagene geperpavec ("B-VEC", previously "KB103") for the treatment of dystrophic epidermolysis bullosa (DEB) patients…

    • The randomized, double-blind GEM-3 trial will compare repeat dosing of either B-VEC or placebo in approximately 30 dystrophic epidermolysis bullosa (DEB) patients 



    • Top line data and BLA filing are anticipated in 2021; EMA aligned on pivotal study design and an MAA is anticipated shortly after BLA

    PITTSBURGH, July 28, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced the initiation of GEM-3 study, a multi-center, placebo-controlled, double-blinded, Phase 3 clinical study of beremagene geperpavec ("B-VEC", previously "KB103") for the treatment of dystrophic epidermolysis bullosa (DEB) patients.

    "Despite the logistical challenges associated with COVID-19, Stanford and I are excited to begin this pivotal study," said Dr. Peter Marinkovich, M.D., associate professor of dermatology and director of the Blistering Disease Clinic at Stanford University, and primary investigator for the trial. "We and the other study sites have worked closely with the Krystal team to ensure safe trial practices in the context of the ongoing pandemic, enabled by the out-patient nature of B-VEC dosing."

    Suma Krishnan, founder and chief operating officer of Krystal Biotech added, "The initiation of the pivotal study marks an important milestone toward our goal of a potential painless, convenient, and corrective approach to treat patients suffering from this debilitating disease. We look forward to having a home dosing protocol in place in the upcoming months that, we believe, would further improve the quality of life of our patients and their caregivers."

    This clinical progress follows announcement of positive results from the GEM-1 and GEM-2 studies. B-VEC is a topical, re-dosable gene therapy in development for the treatment of both the dominant and recessive forms of DEB, a rare and severe monogenic skin disease for which there is currently no approved treatment. The U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have each granted B-VEC orphan drug designation for the treatment of DEB, and the FDA has granted B-VEC fast track designation and rare pediatric designation for the treatment of DEB. In addition, in 2019, the FDA granted Regenerative Medicine Advanced Therapy (RMAT) to B-VEC for the treatment of DEB and the EMA granted PRIority MEdicines (PRIME) eligibility for B-VEC to treat DEB.  

    B-VEC is manufactured in-house using the commercial process and at scale in Krystal's fully functional GMP ANCORIS facility, located near corporate headquarters in Pittsburgh.

    "Our existing facility has the capacity to support our commercial launch in the U.S.," said Krish Krishnan, chairman and chief executive officer of Krystal Biotech. "We look forward to getting ASTRA, our second GMP facility operational in 1H 2022 to supplement ANCORIS, as we expand beyond the U.S. markets into EU and the rest of the world."

    About the GEM-3 Pivotal Study

    The GEM-3 trial is a randomized, double-blind, intra patient placebo-controlled multicenter study designed to evaluate the efficacy and safety of B-VEC for patients suffering from both recessive and dominant forms of dystrophic epidermolysis bullosa. The trial aims to enroll approximately thirty (30) participants with DEB, aged 6 months or older at time of consent. Investigator identified wound pairs, up to three in each patient, will be treated once weekly for six months with either B-VEC or placebo.

    Dosing

    The dose administered to each wound is dependent on the size of the wound and ranges from 4x108 to 1.2x109 PFU per wound. The maximum weekly dose, administered once weekly per patient, is defined by patient age as outlined in the table below.

    Maximum Weekly Dose Per Subject:
    Age Maximum Weekly Dose
    ≥ 6 months to < 3 years1.6x10^9 PFU/week
    ≥ 3 years to < 6 years2.4x10^9 PFU/week
    ≥ 6 years3.2x10^9 PFU/week

    Weekly dosing will be continued until the wound is completely closed, and re-dosing may occur at any point throughout the study should a wound re-open. In addition to the primary target wound pair(s), additional wounds (secondary wounds) may be selected to be treated with B-VEC which will give the treating physicians flexibility to treat a larger number of wounds. 

    Endpoints

    The Primary Outcome Measure is complete wound healing determined by the Investigator, as compared to baseline in B-VEC treated wounds versus placebo treated at Weeks 20, 22 and 24.

    Secondary endpoints to be evaluated in the study include complete wound healing at Weeks 8, 10 and 12; the mean change in pain severity (using either a VAS or FLACC-R Scale) per primary wound site associated with wound dressing; the proportion of primary wound sites with ≥75% healing assessed via Canfield photography. Additional exploratory measures include relative time to wound closure from baseline, duration of wound closure, mean reduction in wound surface area in B-VEC treated versus placebo treated wounds, mean change in Quality of Life in addition to Skindex score as compared to baseline at Week 24. Throughout the study, participants will complete questionnaires, have images captured of their study wounds, undergo physical exams, have vital signs and safety labs monitored.

    About Krystal Biotech

    Krystal Biotech, Inc. (NASDAQ:KRYS) is a gene therapy company dedicated to developing and commercializing novel treatments for patients suffering from dermatological diseases. For more information, please visit http://www.krystalbio.com.

    Forward-Looking Statements

    Any statements in this press release about future expectations, plans and prospects for Krystal Biotech, Inc., including but not limited to statements about the development of Krystal's product candidates, such as plans for the design, conduct and timelines of ongoing clinical trials of beremagene geperpavec ("B-VEC"), KB105 and KB407; the clinical utility of B-VEC, KB105 and KB407, and Krystal's plans for filing of regulatory approvals and efforts to bring B-VEC, KB105 and KB407 to market; the market opportunity for and the potential market acceptance of B-VEC, KB105 and KB407; plans to pursue research and development of other product candidates; the sufficiency of Krystal's existing cash resources; the unanticipated impact of COVID-19 on Krystal's business operations, pre-clinical activities and clinical trials; and other statements containing the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "likely," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and conduct of clinical trials, availability and timing of data from clinical trials, whether results of early clinical trials or trials will be indicative of the results of ongoing or future trials, uncertainties associated with regulatory review of clinical trials and applications for marketing approvals, the availability or commercial potential of product candidates including B-VEC, KB105 and KB407, the sufficiency of cash resources and need for additional financing and such other important factors as are set forth under the caption "Risk Factors" in Krystal's annual and quarterly reports on file with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Krystal's views as of the date of this release. Krystal anticipates that subsequent events and developments will cause its views to change. However, while Krystal may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Krystal's views as of any date subsequent to the date of this release.

    CONTACTS:

    Investors:

    Ashley R. Robinson 

    LifeSci Advisors

    ors.com

    Media:

    Darren Opland, Ph.D.

    LifeSci Communications

    Source: Krystal Biotech, Inc. 

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  3. PITTSBURGH, July 20, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced the appointment of Whitney Ijem to the newly created position of Senior Vice President, Strategy and Business Development. Ms. Ijem joins Krystal from Guggenheim Securities, where she served as Managing Director and Senior Biotechnology Analyst covering genetic medicine and rare disease companies. Ms. Ijem will join Krystal this month and will take a place on the company's leadership team.

    "We are thrilled to welcome Whitney to Krystal Biotech," said Krish S. Krishnan, chairman and chief executive officer of Krystal…

    PITTSBURGH, July 20, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (NASDAQ:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced the appointment of Whitney Ijem to the newly created position of Senior Vice President, Strategy and Business Development. Ms. Ijem joins Krystal from Guggenheim Securities, where she served as Managing Director and Senior Biotechnology Analyst covering genetic medicine and rare disease companies. Ms. Ijem will join Krystal this month and will take a place on the company's leadership team.

    "We are thrilled to welcome Whitney to Krystal Biotech," said Krish S. Krishnan, chairman and chief executive officer of Krystal Biotech. "Whitney's deep knowledge of the gene therapy space and the Company and her strong relationships with the financial community and healthcare industry make her a valuable addition to the team as we continue to advance medicines to treat rare skin and lung diseases. I look forward to working closely with Whitney in her new role."

    Whitney Ijem added, "I have followed the Krystal story for years and have been encouraged by the clinical data generated so far. I believe the company's proprietary HSV-1 platform has potential to transform the lives of patients in several different disease areas and feel fortunate and excited to be joining this talented team at such an important time. I look forward to helping advance Krystal's medicines for the treatment of rare and debilitating skin diseases, while also working to shape the next phase of growth as the company leverages its platform to address additional skin disorders, diseases of the lung, and beyond."

    Prior to Joining Guggenheim, Ms. Ijem was a therapeutics analyst at Tourbillon Capital where she focused on companies across the therapeutics space. Prior to Tourbillon, she was an analyst in the J.P. Morgan Equity Research Healthcare group focused on biotechnology. Before joining J.P. Morgan, Ms. Ijem was a biotech analyst at Canaccord Genuity. She holds a B.S. in Biomedical Engineering from Washington University in St. Louis and a M.S. in Biomaterials Science from New York University.

    About Krystal Biotech

    Krystal Biotech, Inc. (NASDAQ:KRYS) is a gene therapy company dedicated to developing and commercializing novel treatments for patients suffering from dermatological diseases. For more information, please visit http://www.krystalbio.com.

    Forward-Looking Statements

    Any statements in this press release about future expectations, plans and prospects for Krystal Biotech, Inc., including but not limited to statements about the development of Krystal's product candidates, such as plans for the design, conduct and timelines of ongoing clinical trials of beremagene geperpavec ("B-VEC"), KB105 and KB407; the clinical utility of B-VEC, KB105 and KB407, and Krystal's plans for filing of regulatory approvals and efforts to bring B-VEC, KB105 and KB407 to market; the market opportunity for and the potential market acceptance of B-VEC, KB105 and KB407; plans to pursue research and development of other product candidates; the sufficiency of Krystal's existing cash resources; the unanticipated impact of COVID-19 on Krystal's business operations, pre-clinical activities and clinical trials; and other statements containing the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "likely," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and conduct of clinical trials, availability and timing of data from clinical trials, whether results of early clinical trials or trials will be indicative of the results of ongoing or future trials, uncertainties associated with regulatory review of clinical trials and applications for marketing approvals, the availability or commercial potential of product candidates including B-VEC, KB105 and KB407, the sufficiency of cash resources and need for additional financing and such other important factors as are set forth under the caption "Risk Factors" in Krystal's annual and quarterly reports on file with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Krystal's views as of the date of this release. Krystal anticipates that subsequent events and developments will cause its views to change. However, while Krystal may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Krystal's views as of any date subsequent to the date of this release.

    CONTACTS:

    Investors:

    Ashley R. Robinson

    LifeSci Advisors

    Media:

    Darren Opland, PhD

    LifeSci Communications

    Source: Krystal Biotech, Inc.

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  4. PITTSBURGH, June 08, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech Inc., ("Krystal") (NASDAQ:KRYS), a gene therapy company dedicated to developing transformative medicines to treat diseases caused by protein or gene dysfunction, today announced that Krish S. Krishnan, chairman and chief executive officer, will present at the Goldman Sachs 41st Annual Global Healthcare Conference Webcast taking place June 9-11, 2020.

    Details for the presentation are as follows:

     Goldman Sachs 41st Annual Global Healthcare Conference Webcast
     Presentation Date: Wednesday, June 10, 2020
     Presentation Time: 1:20 p.m. ET
     Webcast: https://kvgo.com/GSHC/krystal-biotech-june-2020

    A webcast of the presentation will be available for 90 days and can be found on the Krystal…

    PITTSBURGH, June 08, 2020 (GLOBE NEWSWIRE) -- Krystal Biotech Inc., ("Krystal") (NASDAQ:KRYS), a gene therapy company dedicated to developing transformative medicines to treat diseases caused by protein or gene dysfunction, today announced that Krish S. Krishnan, chairman and chief executive officer, will present at the Goldman Sachs 41st Annual Global Healthcare Conference Webcast taking place June 9-11, 2020.

    Details for the presentation are as follows:

     Goldman Sachs 41st Annual Global Healthcare Conference Webcast
     Presentation Date: Wednesday, June 10, 2020
     Presentation Time: 1:20 p.m. ET
     Webcast: https://kvgo.com/GSHC/krystal-biotech-june-2020

    A webcast of the presentation will be available for 90 days and can be found on the Krystal Biotech website at: http://ir.krystalbio.com/events-and-presentations/events.

    About Krystal Biotech

    Krystal Biotech, Inc. (NASDAQ:KRYS) is a gene therapy company dedicated to developing and commercializing novel treatments for patients suffering from dermatological diseases. For more information, please visit http://www.krystalbio.com.

    Forward-Looking Statements

    Any statements in this press release about future expectations, plans and prospects for Krystal, including but not limited to statements about the development of Krystal's product candidates, such as plans for the design, conduct and timelines of ongoing clinical trials of bercolagene telserpavec ("B-VEC") and KB105, the clinical utility of B-VEC and KB105 and Krystal's plans for filing of regulatory approvals and efforts to bring B-VEC and KB105 to market, the market opportunity for and the potential market acceptance of B-VEC and KB105, plans to pursue research and development of other product candidates, the sufficiency of Krystal's existing cash resources and other statements containing the words "anticipate," "believe," "estimate," "expect," "intend," "may," "plan," "predict," "project," "target," "potential," "likely," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation and conduct of clinical trials, availability and timing of data from clinical trials, whether results of early clinical trials or trials will be indicative of the results of ongoing or future trials, uncertainties associated with regulatory review of clinical trials and applications for marketing approvals, the availability or commercial potential of product candidates including B-VEC and KB105, the sufficiency of cash resources and need for additional financing and such other important factors as are set forth under the caption "Risk Factors" in Krystal's annual and quarterly reports on file with the U.S. Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent Krystal's views as of the date of this release. Krystal anticipates that subsequent events and developments will cause its views to change. However, while Krystal may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Krystal's views as of any date subsequent to the date of this release.

    CONTACTS:

    Investors:

    Ashley R. Robinson 

    LifeSci Advisors

    Media:

    Darren Opland, PhD

    LifeSci Communications

    Source: Krystal Biotech, Inc.

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