Kiniksa Pharmaceuticals Reports Fourth Quarter and Full-Year 2023 Financial Results and Recent Portfolio Execution
– ARCALYST® (rilonacept) Q4 2023 and full-year 2023 net product revenue of $71.2 million and $233.2 million, respectively –
– ARCALYST 2024 net product revenue expected to be $360 – $380 million, representing ~59% year-over-year growth at the midpoint –
– Abiprubart Phase 2 rheumatoid arthritis data from Cohort 4 and a new development indication expected in April 2024 –
– Cash reserves of $206.4 million expected to fund operations into at least 2027 –
– Conference call and webcast scheduled for 8:30 am ET today –