Kalaris Therapeutics, Inc., a clinical-stage biopharmaceutical company, engages in the development and commercialization of treatments for prevalent retinal diseases. It develops TH103, a clinical-stage anti-vascular endothelial growth factor (VEGF) drug for the treatment of neovascular age-related macular degeneration (nAMD), as well as for the treatment of other exudative and neovascular retinal diseases.
Kalaris Reports Second Quarter 2026 Financial Results and Provides Business Updates
Kalaris reported Q2 2026 financial results, ending the period with $93.5 million in cash and cash equivalents to fund operations into Q4 2027.
The company is actively dosing patients in the Phase 1b/2 study of TH103 for neovascular AMD, with preliminary data expected in the first half of 2027.
R&D expenses increased to $9.0 million from $8.4 million year-over-year, driven by clinical activities, while net loss was $11.5 million.