Keros Therapeutics Inc (OQ:KROS)

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEC
Company Contact
Address: 1050 Waltham Street, Suite 302
LEXINGTON MA 02421
Tel: 1-617-2219100
Website: https://www.kerostx.com
IR: See website
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Key People
Jasbir Seehra
Chief Executive Officer, Director
Keith C. Regnante
Chief Financial Officer
Christopher R. Rovaldi
Chief Operating Officer
Business Overview
Keros Therapeutics, Inc. is a clinical-stage biopharmaceutical company. It is focused on developing and commercializing novel therapeutics to treat a range of patients with disorders that are linked to dysfunctional signaling of the transforming growth factor-beta (TGF-B), family of proteins. Its lead product candidate, KER-050, is being developed for the treatment of low blood cell counts, or cytopenias, including anemia and thrombocytopenia, in patients with myelodysplastic syndromes, and in patients with myelofibrosis. Its second product candidate, KER-012, is being developed for the treatment of pulmonary arterial hypertension, or PAH, and for the treatment of cardiovascular disorders. Its third product candidate, KER-065, is being developed for the treatment of obesity and for the treatment of neuromuscular diseases. KER-050 is designed to raise red blood cell and platelet production by inhibiting the signaling of a subset of the TGF-B family of proteins to promote hematopoiesis.
Financial Overview
For the fiscal year ended 31 December 2023, Keros Therapeutics Inc revenues increased from $0K to $151K. Net loss increased 46% to $153M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Research and development - Balancing val increase of 16% to $91.9M (expense), Stock-based Compensation in R&D increase of 72% to $14.1M (expense).
Employees: 136 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,802M as of Dec 31, 2023
Annual revenue (TTM): $0.15M as of Dec 31, 2023
EBITDA (TTM): -$169.13M as of Dec 31, 2023
Net annual income (TTM): -$152.99M as of Dec 31, 2023
Free cash flow (TTM): -$126.97M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 35,982,628 as of Feb 21, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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