Financial PerformanceKrystal Biotech reported a net profit of $79.4M, significantly higher than consensus expectations, aided by one-time non-cash tax benefits.
Product DevelopmentThe FDA's platform technology designation validates Krystal's HSV-1 vector platform and cross-program utility.
Sales ExpansionThe US salesforce expansion appears to be positively impacting patient starts beyond the centers-of-excellence, given ~40 reimbursement approvals this quarter, which could re-invigorate the sales ramp over time.