financetom
Business
financetom
/
Business
/
KalVista Pharmaceuticals Says US FDA Approves Drug for Hereditary Angioedema; Shares Rise Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
KalVista Pharmaceuticals Says US FDA Approves Drug for Hereditary Angioedema; Shares Rise Pre-Bell
Jul 7, 2025 4:45 AM

07:22 AM EDT, 07/07/2025 (MT Newswires) -- KalVista Pharmaceuticals ( KALV ) said Monday the US Food and Drug Administration approved its drug Ekterly, which is intended for treating acute attacks of hereditary angioedema in patients aged 12 and above.

Shares of the company rose more than 12% in premarket activity Monday.

The company said the approval is based on the results of a phase 3 trial demonstrating that the drug significantly accelerated symptom relief, reduced attack severity and improved resolution, compared with placebo.

KalVista said it will launch Ekterly immediately in the US, with prescriptions available starting today.

The company said it has also introduced KalVista Cares, a patient support program offering personalized services such as insurance navigation, access assistance, and treatment guidance.

Price: 13.50, Change: +1.52, Percent Change: +12.69

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved