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KalVista Pharmaceuticals Enters Into Licensing Agreement With Kaken Pharmaceutical to Commercialize Sebetralstat for HAE in Japan

1. KALV licensed Japan rights for sebetralstat to Kaken Pharmaceutical. 2. Upfront payment of $11 million could strengthen KALV's financial position.

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FAQ

Why Bullish?

The licensing deal adds $11 million in immediate revenue, similar to past successful partnerships that positively influenced stock price.

How important is it?

The deal signifies progress in KALV's international market strategy, enhancing investor confidence.

Why Short Term?

The upfront payment and potential future earnings are expected to provide immediate financial benefits.

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CAMBRIDGE, Mass. & SALISBURY, England--(BUSINESS WIRE)--KalVista Pharmaceuticals, Inc. (Nasdaq: KALV) today announced that its wholly-owned subsidiary, KalVista Pharmaceuticals, Ltd., has licensed commercialization rights in Japan to Kaken Pharmaceutical, Co., Ltd. (JPX: 4521.T) for sebetralstat, an investigational, oral on-demand treatment for hereditary angioedema (HAE). KalVista will receive an upfront payment of $11 million, with an additional payment of up to $11 million upon achievement o.

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