Overview
* Krystal Biotech ( KRYS ) Q2 product revenue rises to $96 mln, driven by VYJUVEK sales
* Net income for Q2 increases to $38.3 mln, reflecting strong operational performance
* VYJUVEK approved in Japan, enhancing global expansion efforts
Outlook
* Krystal Biotech ( KRYS ) expects VYJUVEK Japan launch by end of 2025
* Company plans VYJUVEK Germany launch in 3Q 2025
* Krystal Biotech ( KRYS ) sees FY 2025 non-GAAP R&D and SG&A expenses $150-$175 mln
* Company aims to report KB407 interim data by year-end
Result Drivers
* VYJUVEK SALES - $96 mln in Q2 revenue attributed to strong VYJUVEK sales
* JAPAN APPROVAL - VYJUVEK approved in Japan for DEB treatment, facilitating global expansion
* HIGH COMPLIANCE - 82% patient compliance with weekly VYJUVEK treatment reported
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $96.04
Product mln
Revenue
Q2 Net $38.33
Income mln
Q2 $56.74
Operatin mln
g
Expenses
Q2 $39.31
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the biotechnology & medical research peer group is "buy"
* Wall Street's median 12-month price target for Krystal Biotech Inc ( KRYS ) is $202.00, about 22.3% above its August 1 closing price of $156.98
* The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)