KalVista's Ekterly Wins FDA Approval as First Oral Treatment for Hereditary Angioedema Attacks

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KalVista's Ekterly Wins FDA Approval as First Oral Treatment for Hereditary Angioedema Attacks

The U.S. Food and Drug Administration (FDA) has approved KalVista Pharmaceuticals' sebetralstat, to be marketed as Ekterly, for the treatment of acute hereditary angioedema (HAE) attacks in patients 12 years and older. This landmark decision marks the introduction of the first oral, on-demand treatment option for HAE, a rare genetic disorder characterized by painful and potentially life-threatening swelling attacks.

Breakthrough in HAE Treatment

Ekterly's approval represents a significant advancement in HAE management, offering patients a more convenient alternative to existing injectable therapies. Dr. Marc Riedl, an investigator in the pivotal trial from the University of California, San Diego, emphasized the importance of this development, noting that the oral administration could reduce delays in treating time-sensitive HAE attacks.

The drug's efficacy was demonstrated in the Phase III KONFIDENT study, which enrolled 136 patients. Results showed that Ekterly achieved symptom relief significantly faster than placebo, with median times of 1.61 hours and 1.79 hours for the 300-mg and 600-mg doses, respectively, compared to 6.72 hours for the placebo group.

Regulatory Journey and Market Implications

Ekterly's path to approval was not without challenges. The FDA initially delayed its decision beyond the June 17 target date, citing "heavy workload and limited resources." This delay sparked industry concerns about the impact of recent staff reductions at health agencies on regulatory timelines.

Despite these hurdles, KalVista has announced immediate availability of Ekterly in the U.S. market. The company has set a price of $16,720 per dose, consisting of two 600-milligram tablets. This pricing strategy, according to a KalVista spokesperson, reflects the drug's innovative nature and competitive positioning against existing therapies.

Competitive Landscape and Future Outlook

Ekterly enters a market currently dominated by injectable treatments such as Takeda's Firazyr and Pharming's Ruconest. Analysts estimate that Ekterly, KalVista's first marketed drug, could generate up to $600 million in annual U.S. sales at its peak.

The approval has been well-received by investors, with KalVista's shares rising 24% in early trading following the announcement. Stifel analyst Paul Matteis expressed optimism about Ekterly's potential, suggesting it could capture a significant share of the on-demand HAE market and potentially drive market growth.

As KalVista prepares for the commercial launch of Ekterly, the HAE treatment landscape continues to evolve. The recent approval of CSL's Andembry, a preventive HAE medication, underscores the ongoing innovation in this therapeutic area. With its unique oral formulation and promising efficacy data, Ekterly is poised to become a key player in the management of this rare but serious condition.

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