
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