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Kindred Biosciences Announces First Quarter 2021 Financial Results

Kindred Biosciences Announces First Quarter 2021 Financial Results News provided by Share this article Share this article SAN FRANCISCO, May 11, 2021 /PRNewswire/  Kindred Biosciences, Inc. (NASDAQ: KIN), a biopharmaceutical company focused on saving and improving the lives of pets, today announced financial results for the first quarter ended March 31, 2021 and provided updates on its programs. For the first quarter 2021, KindredBio reported net revenues of $2.4 million and a net loss of $9.7 million, or $0.24 per share. We had a strong start to the year, announcing positive results in a new long-acting interleukin-31 antibody program that has the potential to become a best-in-class therapeutic, alongside the acceptance of efficacy data for our parvovirus monoclonal antibody program. With cash runway now through the end of 2023, we are well-positioned to realize the value of our promising late-stage pipeline, said KindredBio s Chief Executive Officer, Richard Chin, M.D.

Kindred Bio: Q1 Earnings Snapshot

Kindred Bio: Q1 Earnings Snapshot May 11, 2021 FacebookTwitterEmail BURLINGAME, Calif. (AP) Kindred Biosciences Inc. (KIN) on Tuesday reported a loss of $9.7 million in its first quarter. The Burlingame, California-based company said it had a loss of 24 cents per share. The biopharmaceutical company posted revenue of $2.4 million in the period. In the final minutes of trading on Tuesday, the company s shares hit $4.43. A year ago, they were trading at $4.90. This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KIN at https://www.zacks.com/ap/KIN Top Picks In Shopping

iShares NASDAQ Biotechnology Index Fund (NASDAQ:IBB), (ABCL) - The Week Ahead In Biotech (May 9-15): Heron, Apellis FDA Decisions, Presentations and Earnings

iShares NASDAQ Biotechnology Index Fund (NASDAQ:IBB), (ABCL) - The Week Ahead In Biotech (May 9-15): Heron, Apellis FDA Decisions, Presentations and Earnings
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Form DEF 14A Savara Inc For: Jun 10

Form DEF 14A Savara Inc For: Jun 10
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Kindred Biosciences (NASDAQ:KIN) - Kindred s New IL-31 Antibody Shows Improved Shelf Life In PK Study For Canine Dermatitis

Kindred Biosciences (NASDAQ:KIN) - Kindred s New IL-31 Antibody Shows Improved Shelf Life In PK Study For Canine Dermatitis
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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