KalVista Pharmaceuticals Reports Second Fiscal Quarter Results and Provides Operational Update
(NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today provided an operational update and released financial results for the second fiscal quarter ended October 31, 2023.
- (NASDAQ: KALV), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of oral, small molecule protease inhibitors, today provided an operational update and released financial results for the second fiscal quarter ended October 31, 2023.
- The increase in R&D expenses during the quarter primarily reflects the ongoing Phase 3 KONFIDENT and KONFIDENT-S trials.
- The increase in G&A expenses was primarily due to increases in employee-related expenses, commercial strategy and supply chain expenses.
- The decrease in the net cash and marketable securities position was due to cash consumption from operating expenses.