Kazia Therapeutics LtdKZIA

NasdaqHealthcarePharmaceutical Preparations
Price (close)
$9.78
Market cap
$111.8M
P/E
—
Revenue (FY)
$42,000
Net income
-$20.7M
Dividend yield
—
1-year total return
33.4%
Net margin
-49290.5%
Revenue growth
-98.2%
Debt / equity
—

What Kazia Therapeutics Ltd does.

The ongoing principal business of the Company has been pharmaceutical drug development. The Company is an emerging oncology-focused biotechnology company that has a portfolio of development candidates, diversified across several distinct technologies, with the potential to yield first-in-class and best-in-class agents in a range of oncology indications.

Kazia’s lead program is Paxalisib, (formerly known as GDC-0084), an investigational brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway, that was specifically designed to treat brain cancer.

Paxalisib was developed by Genentech, Inc (South San Francisco, California) and the company entered into a worldwide exclusive license for the asset in October 2016. Prior to this transaction, Genentech had completed an extensive pre-clinical development program that provided convincing validation for Paxalisib as a potential drug for brain cancer. Genentech also completed a phase I clinical trial in 47 patients with advanced recurrent grade III and grade IV glioma (NCT01547546). The most common adverse events were oral mucositis and hyperglycemia. Per ANO criteria, 40% of patients exhibited a best observable response of stable disease, and 26% demonstrated a metabolic partial response on FDG-PET.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue—$15.2M$0$0$2.3M$42,000
Net income-$12.5M-$8.4M-$25.0M-$20.5M-$26.8M-$20.7M
Free cash flow——————

More on KZIA.

Figures from Kazia Therapeutics Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.