Business
Kodiak Sciences Announces Third Quarter 2021 Financial Results and Recent Business Highlights
PALO ALTO, Calif., Nov. 9, 2021 /PRNewswire/ -- Kodiak Sciences Inc. (Nasdaq: KOD), a biopharmaceutical company committed to researching, developing and
About this update from Kodiak Sciences Inc
[{"type":"text","content":"PALO ALTO, Calif., Nov. 9, 2021 /PRNewswire/ -- Kodiak Sciences Inc. (Nasdaq: KOD), a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases, today reported business highlights and financial results for the third quarter ended September 30, 2021.\n\"We are pleased with the operational progress across our pivotal clinical program,\" said Victor Perlroth, MD, Chief Executive Officer of Kodiak Sciences. \"We believe we are on track for a series of KSI-301 topline data readouts beginning in early 2022, with the DAZZLE study in wet AMD expected to read out in the first quarter of 2022 and our BEACON study in retinal vein occlusion shortly thereafter in mid-2022. GLEAM and GLIMMER, our paired long-interval DME studies, are more than two-thirds and three-quarters enrolled, respectively and should complete enrollment in the first quarter of 2022. And DAYLIGHT, our short-interval wet AMD study, is showing robust enrollment and, based on current trends may read out ahead of GLEAM and GLIMMER. In the third quarter, we also began recruitment in GLOW, our study evaluating every six-month dosing of KSI-301 for preventing sight-threatening complications in diabetic retinopathy patients.\"\nKSI-301 Clinical Program Highlights\nWe are engaged in a broad development program for KSI-301 with concurrent late-stage development activities across all of the major disease indications for which intravitreal anti-VEGF therapies are used and have made considerable progress in advancing the KSI-301 pivotal study program over this past quarter. We expect to include the results of all our pivotal clinical trials in wet AMD, DME and RVO in a single initial BLA. The ambitious program for KSI-301 reflects our conviction in KSI-301 (and our ABC Platform) and seeks labeling at launch that is supportive of a broad range of individualized dosing intervals, from every 4-week dosing up to once every 20-week dosing for wet AMD patients; from every 4-week dosing up to once every 24-week dosing for DME patients; and from every 4-week dosing up to once every 8-week dosing for RVO patients. \nDAZZLE – Phase 2b/3 Study in Patients with Treatment-Naïve Wet Age-Related Macular Degeneration (Wet AMD)The Phase 2b/3 DAZZLE study is a global, multi-center, randomized pivotal study d...