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Kiora Pharmaceuticals KPRX · USD

Health Care · US listing · 🇺🇸 United States

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1.51

+4.86%

Close of 9 Nov 2026, in USD

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About Kiora Pharmaceuticals

From its filings with the US Securities and Exchange Commission

SEC filings

Kiora Pharmaceuticals is based in Encinitas, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker KPRX. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported revenue of $0 and a net loss of $10.8m. At that date it held total assets of $24.3m and shareholders' equity of $16.1m.

In its own words

We are a clinical-stage specialty pharmaceutical company developing and commercializing therapies for the treatment of retinal diseases.

We are developing KIO-301, with an initial focus on patients with later stages of vision loss due to retinitis pigmentosa (collectively including any and all sub-forms, "RP"). KIO-301 is a potential vision-restoring small molecule that acts as a “photoswitch” specifically created to restore vision in patients with inherited and age-related degenerative retinal diseases, including RP. We completed a Phase 1b clinical trial in September 2023 and presented topline results in November 2023 at the American Academy of Ophthalmology Annual Meeting. The full data package triggered multiple discussions with various potential pharmaceutical partners. After assessing available options, in January 2024, we partnered with Théa Open Innovation ("TOI"), a sister company of Laboratories Théa. In October 2024, we received regulatory approval to initiate a Phase 2 clinical trial to investigate KIO-301 in patients with retinitis pigmentosa. The ABACUS-2 trial is a 36 patient, multicenter, double-masked, randomized, controlled, multiple dose study enrolling patients with ultra-low vision or no light perception regardless of their underlying gene mutation associated with retinitis pigmentosa. Enrollment in the ABACUS-2 trial is currently ongoing. As KIO-301 and its sister molecules are ion channel modulators, the potential to treat other neurological diseases exists. KIO-301 (formerly known as B-203) was acquired through the Bayon Therapeutics, Inc.

Quoted from its 10-K, filed 25 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Pharmaceuticals
Listed since
13 Feb 2015
Employees
12
Head office
169 SAXONY RD., ENCINITAS, CA, 92024
Incorporated in
DE
Classification
Pharmaceutical Preparations
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. Praveen TyleIndependent Chairman of the Board$70,889
  • Dr. Brian StremPresident, Chief Executive Officer, Director, since 2021$954,883
  • Ms. Melissa ToscaChief Financial Officer$534,187
  • Dr. Eric DanielsChief Development Officer$674,053
  • Mr. Aron ShapiroDirector$41,606
  • Dr. David HollanderIndependent Director$47,024
  • Ms. Erin ParsonsIndependent Director$56,173
  • Mr. Carmine StengoneIndependent Director$47,940
  • Ms. Lisa Walters-HoffertIndependent Director$19,208

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Kiora Pharmaceuticals has three product candidates including KIO-101, KIO-301, and KIO-201 for ophthalmic diseases.
  • KIO-301 is a vision-restoring small molecule for retinitis pigmentosa and age-related retinal diseases.
  • KIO-101 targets ocular manifestations of autoimmune diseases like rheumatoid arthritis.

Weaknesses

  • Kiora employs only 12 full-time employees, indicating limited operational capacity.
  • The company's IPO on 13 February 2015 shows a relatively recent market entry.
  • Kiora's pipeline consists of only three product candidates without additional clinical data.

Opportunities

  • Kiora's focus on ophthalmic diseases offers potential for addressing unmet medical needs in the US market.
  • The US market provides a significant opportunity for commercializing ophthalmic therapies.
  • KIO-201's synthetic modified hyaluronic acid could expand Kiora's product portfolio in eye care.

Threats

  • Kiora's small team of 12 employees may struggle with regulatory and commercialization challenges.
  • The company's recent IPO in 2015 may face competition from established pharmaceutical firms.
  • Kiora's pipeline lacks additional clinical data, which could delay product approvals.

Sources and methodology

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