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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Kodiak Sciences
Kodiak Sciences (KOD) investor relations material
Kodiak Sciences Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary31 Mar, 2026
Executive summary
Achieved positive Phase 3 topline results for GLOW2 study, demonstrating efficacy and safety of Zenkuda in diabetic retinopathy.
Completed enrollment in Phase 3 DAYBREAK study for Zenkuda and KSI-501 in wet AMD; topline data expected September 2026.
Advanced KSI-101 with strong Phase 1b APEX results in MESI and ongoing Phase 3 PEAK and PINNACLE studies.
Expanded pipeline with bispecific antibody candidates and progress in digital health/AI initiatives.
Financial highlights
Ended 2025 with $209.9 million in cash and cash equivalents.
Net loss for Q4 2025 was $56.7 million ($1.04/share), compared to $44.1 million ($0.84/share) in Q4 2024.
Full-year 2025 net loss was $230.0 million ($4.32/share), up from $176.2 million ($3.35/share) in 2024.
Completed $173.0 million equity offering in December 2025.
Outlook and guidance
Intends to accelerate multi-indication BLA submission for Zenkuda based on strong GLOW2 data.
Topline DAYBREAK data for Zenkuda and KSI-501 expected in Q3 2026; PEAK and PINNACLE topline data for KSI-101 expected in Q4 2026 and Q2 2027, respectively.
Current cash expected to fund operations into 2027.
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Latest events from Kodiak Sciences
- Late-stage retina therapies show strong efficacy and durability, targeting major unmet needs.KOD
Corporate presentation16 Mar 2026 - Lead retinal programs advance to pivotal trials with improved efficacy and strong financial backing.KODGoldman Sachs 45th Annual Global Healthcare Conference3 Feb 2026
- Advancing three late-stage retinal programs with durable, multi-mechanism therapies and strong funding.KODJefferies 2024 Global Healthcare Conference1 Feb 2026
- Late-stage pipeline advances with enhanced ABCD platform, strong cash, and key data in 2025–26.KODR&D Day 202420 Jan 2026
- Enhanced formulations and pivotal studies set the stage for major 2025–2026 clinical milestones.KODJefferies London Healthcare Conference 202413 Jan 2026
- Late-stage retina assets advance toward pivotal data and launches, with strong financial runway.KOD44th Annual J.P. Morgan Healthcare Conference12 Jan 2026
- Pivotal phase III trials for enhanced Tarcocimab and KSI-501 approach major data readouts.KOD7th Annual Evercore ISI HealthCONx Conference12 Jan 2026
- Late-stage pipeline and enhanced biologics drive growth prospects in retinal disease markets.KOD43rd Annual J.P. Morgan Healthcare Conference 202510 Jan 2026
- Multiple pivotal phase III readouts and strong KSI-101 efficacy set up a transformative year.KODEvercore ISI 8th Annual HealthCONx Conference11 Dec 2025
Next Kodiak Sciences earnings date
Q1 202621 May, 2026
Kodiak Sciences
Next Kodiak Sciences earnings date
Q1 202621 May, 2026
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Amina0781App Store
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