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KIORA PHARMACEUTICALS INC - KPRX STOCK NEWS

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About Kiora Pharmaceuticals Inc.

Kiora Pharmaceuticals Inc. (NASDAQ: KPRX) is a clinical-stage biotechnology company dedicated to developing and commercializing innovative therapies for the treatment of orphan retinal diseases and retinal inflammation. Headquartered in Encinitas, California, the company leverages cutting-edge small molecule technologies to address significant unmet needs in ophthalmology, aiming to restore vision or slow disease progression in patients with severe retinal conditions.

Core Drug Candidates

KIO-301: This groundbreaking molecular photoswitch is designed to restore light sensitivity to retinal ganglion cells (RGCs) in patients with advanced retinal degenerations, such as retinitis pigmentosa, choroideremia, and Stargardt disease. Unlike gene or cell therapies, KIO-301 is a gene-mutation-agnostic approach, making it suitable for a broad spectrum of inherited retinal diseases. By selectively targeting RGCs downstream of degenerated photoreceptors, KIO-301 offers a novel, reversible mechanism to restore functional vision.

KIO-104: A next-generation, non-steroidal anti-inflammatory small molecule, KIO-104 is being developed for the treatment of retinal inflammation, including conditions like posterior non-infectious uveitis, diabetic macular edema, and retinal vein occlusion. As a potent inhibitor of dihydroorotate dehydrogenase (DHODH), KIO-104 suppresses T-cell-mediated inflammation locally within the eye, offering a safer alternative to systemic steroids or immunosuppressants.

Innovative Platform and Technology

Kiora's proprietary technologies are designed to address the limitations of existing treatments for retinal diseases. KIO-301's photoswitch mechanism enables light perception in the absence of functional photoreceptors, while KIO-104's localized delivery minimizes systemic side effects. These innovations position Kiora as a pioneer in the development of small molecule therapies for retinal conditions.

Strategic Partnerships and Market Position

Kiora has established a strategic partnership with Théa Open Innovation (TOI), a leader in ophthalmic innovation. This collaboration provides financial and developmental support for KIO-301, including reimbursement for research and development expenses and potential milestone payments. With orphan drug designations in both the U.S. and Europe, Kiora benefits from regulatory incentives such as market exclusivity and expedited review processes.

Clinical Development

  • KIO-301: Currently advancing into Phase 2 clinical trials (ABACUS-2) to evaluate its efficacy in restoring functional vision in patients with ultra-low vision or no light perception due to retinitis pigmentosa. The trial incorporates novel functional vision endpoints validated in collaboration with global regulatory bodies.
  • KIO-104: Preparing for Phase 2 clinical trials (KLARITY) to assess its safety, tolerability, and efficacy in reducing retinal inflammation and macular edema. The study will target multiple inflammatory retinal conditions, providing critical data for future dose-expansion trials.

Intellectual Property and Market Exclusivity

Kiora's robust intellectual property portfolio includes composition-of-matter patents for KIO-104, extending protection into 2043. These patents ensure proprietary rights over unique polymorphs that enhance drug stability and manufacturing efficiency. Combined with orphan drug exclusivity, Kiora is well-positioned to maintain a competitive edge in the retinal therapeutics market.

Commitment to Unmet Needs

With no approved therapies for many inherited retinal diseases, Kiora's mission is to provide transformative solutions for patients facing progressive vision loss. By focusing on innovative, non-steroidal, and gene-mutation-agnostic approaches, the company is addressing critical gaps in the treatment landscape, offering hope to patients and families affected by debilitating retinal conditions.

Conclusion

Kiora Pharmaceuticals Inc. combines scientific innovation, strategic partnerships, and a patient-centric approach to redefine the treatment of retinal diseases. With its pioneering drug candidates, KIO-301 and KIO-104, the company is poised to make a significant impact in ophthalmology, addressing both inherited degenerative diseases and inflammatory retinal conditions.

Rhea-AI Summary
Kiora Pharmaceuticals, Inc. has announced a securities purchase agreement with healthcare investors to raise up to $45 million in gross proceeds, including $15 million in upfront funding and up to an additional $30 million upon exercise of accompanying warrants. The financing includes participation from new healthcare-dedicated investors, and the company will issue an aggregate of 27,154,237 shares of its common stock and accompanying warrants. The financing will provide flexibility to fully fund KIO-104 for the treatment of non-infectious uveitis and potentially other rare inflammatory indications in the back of the eye.
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Kiora Pharmaceuticals, Inc. has entered a strategic development and commercialization agreement with Théa Open Innovation (TOI) for the treatment of degenerative retinal diseases, excluding Asia. Kiora will receive an upfront payment of $16 million and up to $285 million upon achieving milestones, along with royalties of up to low 20% on net sales. The agreement is based on the Phase I/II data of KIO-301 in Retinitis Pigmentosa, which showed significant vision improvements in patients. KIO-301 is a small molecule designed to confer light-sensing capabilities to Retinal Ganglion Cells (RGCs) in patients with inherited retinal disease. The company will host an investor call to discuss the partnership.
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Kiora Pharmaceuticals, Inc. (NASDAQ: KPRX) announced its Q3 2023 financial results and plans to advance clinical development of KIO-301 for inherited retinal diseases. ABACUS-1 study showed KIO-301 is safe and tolerable, with significant improvements in visual field and brain activity. Kiora will expand clinical development of KIO-301 for multiple inherited retinal diseases, including RP, CHM, and Stargardt disease.
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Kiora Pharmaceuticals announces positive Phase I/II results for KIO-301, a small molecule for improving vision in patients with Retinitis Pigmentosa. The study showed significant improvement in visual field and functional vision, as well as increased brain activity in the visual cortex. The molecule is safe and well tolerated.
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Kiora Pharmaceuticals invites investors to view online presentation at Lytham Partners Fall 2023 Investor Conference
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Kiora Pharmaceuticals receives approval to enroll additional patients in ABACUS study of KIO-301 for Retinitis Pigmentosa and Choroideremia, plans to report results on November 4th. Preliminary data shows KIO-301 safe and tolerable with signs of efficacy. Kiora's 'gene mutation-agnostic approach' has potential to make an impact in both diseases. Partnership with Choroideremia Research Foundation aids in trial enrollment and future study designs.
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Kiora Pharmaceuticals appoints Praveen Tyle as new Chairman, succeeding Paul Chaney. Tyle's leadership and industry experience expected to guide development of new treatments for eye disease. Tyle will continue to guide strategic direction as the Company advances development of KIO-301 for retinal diseases.
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Kiora Pharmaceuticals completes patient evaluation for vision restoration drug in clinical trial
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Results from ABACUS study of KIO-301 in patients with retinitis pigmentosa to be presented at AAO 2023 conference on Nov 4, 2023.
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Kiora Pharmaceuticals adjourns Special Meeting due to lack of quorum, seeks additional votes
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FAQ

What is the current stock price of KIORA PHARMACEUTICALS (KPRX)?

The current stock price of KIORA PHARMACEUTICALS (KPRX) is $3.07 as of March 3, 2025.

What is the market cap of KIORA PHARMACEUTICALS (KPRX)?

The market cap of KIORA PHARMACEUTICALS (KPRX) is approximately 9.7M.

What does Kiora Pharmaceuticals specialize in?

Kiora Pharmaceuticals focuses on developing innovative therapies for retinal diseases, including inherited degenerations and inflammatory conditions.

What are Kiora's key drug candidates?

Kiora's key drug candidates include KIO-301, a molecular photoswitch for vision restoration, and KIO-104, a non-steroidal anti-inflammatory for retinal inflammation.

How does KIO-301 work?

KIO-301 is a molecular photoswitch that restores light sensitivity to retinal ganglion cells, bypassing degenerated photoreceptors in inherited retinal diseases.

What conditions is KIO-104 being developed for?

KIO-104 targets retinal inflammation conditions such as posterior non-infectious uveitis, diabetic macular edema, and retinal vein occlusion.

What makes Kiora's approach unique?

Kiora's therapies are gene-mutation-agnostic, non-steroidal, and locally delivered, offering safer and more versatile solutions for retinal diseases.

What is the significance of Kiora's partnership with Théa Open Innovation?

The partnership provides financial support, R&D reimbursements, and milestone payments for KIO-301's development, enhancing Kiora's market position.

What are orphan drug designations, and how do they benefit Kiora?

Orphan drug designations provide regulatory incentives like market exclusivity and expedited reviews for therapies targeting rare diseases, benefiting Kiora's pipeline.

What intellectual property protections does Kiora hold?

Kiora holds composition-of-matter patents for KIO-104, extending protection into 2043, along with other IP covering drug delivery and formulation methods.

What clinical trials are currently underway at Kiora?

Kiora is advancing Phase 2 trials for KIO-301 (ABACUS-2) for retinitis pigmentosa and KIO-104 (KLARITY) for retinal inflammation and macular edema.

What challenges does Kiora aim to address in retinal disease treatment?

Kiora addresses unmet needs by developing therapies that restore vision or reduce inflammation without the limitations of steroids or gene-specific approaches.
KIORA PHARMACEUTICALS INC

Nasdaq:KPRX

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Biotechnology
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ENCINITAS