Krystal Biotech Inc (KRYS)

[Monksdream]

KRYS over $30

[Monksdream]

KRYS new 52 week high

[Monksdream]

From Cathie Wood
A Novel Gene Therapy Promises Relief For A Rare Genetic Skin Disorder
ARK Invest_Illustration_Pierce Jamieson_Final_Circle 400 px By Pierce Jamieson | @PierceARK
Research Associate
Recently, the US Food and Drug Administration (FDA) approved Krysta Biotech’s (KRYS) groundbreaking advance1 in gene therapy, Vyjuvek, to treat wounds in patients suffering from dystrophic epidermolysis bullosa (DEB), a rare and serious genetic skin disorder caused by mutations in the collagen Type VII alpha 1 chain (COL7A1) gene. As the first FDA-approved gene therapy for DEB, Vyjuvek is a significant breakthrough.

Vyjuvek uses a genetically modified HSV-1 to deliver normal copies of the COL7A1 gene to wounds, restoring the integrity of the skin with fibrils that hold skin layers together. Treated with Vyjuvek, 65% of wounds closed completely.

[wiredawg]

Moving nicely today...

[wiredawg]

Looking at the few posts here there seems to be no real commitment here...any thoughts on KRYS? Hype or something brewing?

[wiredawg]

In the last 3 months, 5 ranked analysts set 12-month price targets for KRYS. The average price target among the analysts is $125.00. Analysts compare their price target to the current market price of the stock to determine how much potential upside or downside movement there could be in the stock price. High $140 Low $111

[wiredawg]

30 Nov Tues releases this PR during evening after market close:

https://ir.krystalbio.com/news-releases/news-release-details/krystal-biotech-announces-pricing-200-million-public-offering

[wiredawg]

29 Nov Mon after market closes release this PR:

https://ir.krystalbio.com/news-releases/news-release-details/krystal-biotech-announces-proposed-200-million-public-offering

[wiredawg]

29 Nov Monday pre-market news release, great move pre-market approx 7am and so far holding fairly well:

https://ir.krystalbio.com/news-releases/news-release-details/krystal-biotech-announces-positive-topline-results-gem-3-pivotal

[wiredawg]

This caught my eye on Monday, the huge move off the PR...I'm guessing here saw the same. Any real thoughts regarding the company and this PR. I have not gotten a chance to dig into it. Hoping to have somm DD done over the weekend.

[wiredawg]

Holding well so far, why the pretty hard drop?

[wiredawg]

Why are you surprised? Serious question, not being impudent...

[rynlrt]

200 million dollar offering. Won't be surprised to see it drop pretty hard when the market opens

[Fofo812]

Surprised it held up this long

[crudeoil24]

Large tutes holdings. Some taking huge gains before years end.

[rynlrt]

Not sure this kind of gain is sustainable. May see a big pullback

[Fofo812]

3rd post

[crudeoil24]

Krystal Biotech shares are trading higher after the company announced its GEM-3 trial met its primary endpoint.

[Trophy]

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