Kiniksa (KNSA) Pharmaceuticals announced that the U.S. Food and Drug Administration granted Orphan Drug Designation to KPL-387 for the treatment of pericarditis, which includes recurrent pericarditis. KPL-387 is an independently developed monoclonal antibody that binds human interleukin-1 receptor 1, inhibiting the signaling activity of the cytokines interleukin-1alpha and interleukin-1beta.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KNSA:
- Kiniksa price target raised to $50 from $45 at Citi
- Kiniksa granted orphan designation for treatment of pericarditis
- Kiniksa price target raised to $44 from $38 at Wedbush
- Kiniksa Pharmaceuticals: Strong Buy Rating Driven by Arcalyst’s Market Success and Promising Pipeline
- Kiniksa initiated with a Buy at TD Cowen