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Stock impact report

Krystal Biotech (KRYS) Gains 36% Year to Date: Here's Why [Yahoo! Finance]

Krystal Biotech, Inc. (KRYS) 
Last krystal biotech, inc. earnings: 11/4 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.krystalbio.com/investors
Company Research Source: Yahoo! Finance
4.3%. This was due to the strong uptake of its newly approved drug Vyjuvek and encouraging pipeline progress. In May 2023, the FDA approved Vyjuvek, the first ever redosable gene therapy for treating patients aged six months or older with dystrophic epidermolysis bullosa (DEB). DEB is a rare and severe monogenic disease that affects the skin and mucosal tissues. It is caused by one or more mutations in a gene called COL7A1. Image Source: Zacks Investment Research The drug, launched in the second quarter of 2023, generated sales of $45.3 in the first quarter of 2024. Krystal has made steady progress, securing access and reimbursement for Vyjuvek since its launch. In January 2024, the U.S. Centers for Medicare & Medicaid Services assigned a permanent and product-specific J-code (J3401) for Vyjuvek, effective Jan 1. As of April 2024, positive access was achieved for 96% of lives covered under commercial and Medicaid plans. In the same month, Krystal secured more than 330 reim Show less Read more
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