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KALA BIO to Present at Oppenheimer 34th Annual Healthcare Life Sciences Conference

Key Takeaway: KALA BIO, Inc. will present at the Oppenheimer 34th Annual Healthcare Life Sciences Conference in February 2024, showcasing its commitment to innovative therapies for rare eye diseases. The presentation will be available virtually as a pre-recorded fireside chat starting on February 13, 2024, and KALA management will also engage in one-on-one meetings during the conference. The company is currently developing its lead product, KPI-012, for the treatment of persistent corneal epithelial defect and exploring its use for other eye conditions.

Market Sentiment Analysis

POSITIVE FACTORS

  • KALA BIO is participating in a significant healthcare conference.
  • The company is dedicated to developing therapies for severe eye diseases.
  • KALA's lead product candidate has received Orphan Drug and Fast Track designations.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+17%
120-day peak, hindsight
Typical move
17.6%
average across 2 past catalysts
Cash runway
~14 mo
Low dilution risk
Lead asset
KPI-121
Phase 3 · Kerato Conjunctivitis Sicca

Full Press Release Details

ARLINGTON, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- KALA BIO, Inc. (NASDAQ:KALA), a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare and severe diseases of the eye, today announced that management will present at the Oppenheimer 34th Annual Healthcare Life Sciences Conference, which is being held virtually. A pre-recorded fireside chat will be made available beginning on Tuesday, February 13, 2024 at 12:00 p.m. ET. Management will also be available for one-on-one meetings throughout the conference.
To access the webcast and subsequent archived recording of the presentation, please visit the “Presentations” section of the KALA website at www.kalarx.com.
About KALA BIO, Inc.
KALA is a clinical-stage biopharmaceutical company dedicated to the research, development and commercialization of innovative therapies for rare and severe diseases of the eye. KALA’s biologics-based investigational therapies utilize its proprietary mesenchymal stem cell secretome (MSC-S) platform. KALA’s lead product candidate, KPI-012, is a human MSC-S, which contains numerous human-derived biofactors, such as growth factors, protease inhibitors, matrix proteins and neurotrophic factors that can potentially correct the impaired corneal healing that is an underlying etiology of multiple severe ocular diseases. KPI-012 is currently in clinical development for the treatment of persistent corneal epithelial defect (PCED), a rare disease of impaired corneal healing, for which it has received Orphan Drug and Fast Track designations from the U.S. Food and Drug Administration. KALA is also targeting the potential development of KPI-012 for the treatment of Limbal Stem Cell Deficiency and other rare corneal diseases that threaten vision and has initiated preclinical studies to evaluate the potential utility of its MSC-S platform for retinal degenerative diseases, such as Retinitis Pigmentosa and Stargardt Disease. For more information on KALA, please visit www.kalarx.com.

Frequently Asked Questions

What is KALA BIO, Inc. known for?

KALA BIO, Inc. specializes in developing innovative therapies for rare and severe eye diseases.

What is KPI-012 used to treat?

KPI-012 is designed for treating persistent corneal epithelial defect, improving corneal healing.

What designations has KPI-012 received?

KPI-012 has received Orphan Drug and Fast Track designations from the FDA.

When is KALA presenting at the Oppenheimer conference?

KALA will present a fireside chat on February 13, 2024, at 12:00 p.m. ET.

How can I access KALA's presentation?

You can access the presentation on KALA's website in the 'Presentations' section.

Last updated: Feb 6, 2024