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Krystal Biotech announces resignation of longtime board member

Story Highlights
  • Krystal Biotech board member Kirti Ganorkar resigned effective December 31, 2025.
  • His departure is due to new Sun Pharma responsibilities, not disagreements with Krystal Biotech.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Krystal Biotech announces resignation of longtime board member

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Krystal Biotech ( (KRYS) ) has issued an update.

On December 22, 2025, Krystal Biotech announced that board member Kirti Ganorkar had submitted his resignation from the company’s Board of Directors, effective December 31, 2025. Ganorkar, who has served on the board since Krystal’s public listing in September 2017, is stepping down due to time constraints following his recent promotion to Managing Director at Sun Pharma, with the company emphasizing that his departure is not related to any disagreement over its operations, policies, or practices and publicly thanking him for his years of service and contributions.

The most recent analyst rating on (KRYS) stock is a Buy with a $278.00 price target. To see the full list of analyst forecasts on Krystal Biotech stock, see the KRYS Stock Forecast page.

Spark’s Take on KRYS Stock

According to Spark, TipRanks’ AI Analyst, KRYS is a Outperform.

Krystal Biotech’s strong financial performance and successful international expansion are the most significant factors driving the stock’s positive outlook. The company’s robust earnings call and strategic corporate events further bolster confidence. However, technical indicators suggest caution due to potential short-term overbought conditions, and the high valuation reflects expectations of continued growth.

To see Spark’s full report on KRYS stock, click here.

More about Krystal Biotech

Krystal Biotech, Inc. is a biotechnology company focused on developing and commercializing genetic medicines, operating in the biopharmaceutical industry with an emphasis on innovative therapies for serious diseases.

Average Trading Volume: 309,106

Technical Sentiment Signal: Buy

Current Market Cap: $6.98B

Learn more about KRYS stock on TipRanks’ Stock Analysis page.

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