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KalVista Pharmaceuticals up after EU, Swiss approval for swelling disorder drug

ReutersSep 19, 2025 11:22 AM

Shares of KalVista Pharmaceuticals KALV.O up 2% at $14.15 premarket

Company says European Commission and Swiss regulator, Swissmedic, have approved its drug Ekterly, the first on-demand oral treatment for a type of hereditary swelling disorder in adults and adolescents aged 12 years and older

Hereditary angioedema is a life-threatening condition that causes sudden, dangerous swelling in the body, including the skin, digestive tract and upper respiratory system, due to deficiency in a protein known as C1 inhibitor

Company expects to initiate its first European launch in Germany in Q4 2025, with availability in Switzerland anticipated in H2 2026, pending finalization of reimbursement plans

As of last close, stock up 63.8% YTD

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