Calliditas Therapeutics AB (publ) (CALT)
Calliditas Therapeutics AB (publ) operates in the Biotechnology industry of the Healthcare sector, headquartered in Stockholm, SE. The stock last traded at $40.00, down 0.10% on the session, giving a market capitalisation of $2.15B. On trailing twelve-month figures it carries a trailing P/E of -22.01, a net margin of -38.6%. Its beta of 1.46 implies it has historically moved more than the broad market.
Calliditas Therapeutics AB (publ) operates as a clinical-stage biopharmaceutical entity, committed to identifying, advancing, and commercializing therapeutic products. Its primary focus lies in developing treatments for rare (orphan) conditions, with a particular emphasis on disorders impacting the renal and hepatic systems. The company markets Nefecon, an orally administered formulation of budesonide, which functions as an immunosuppressive agent designed to address immunoglobulin A nephropathy, an autoimmune kidney disease. Its flagship investigational product is Setanaxib, a NOX inhibitor. Setanaxib is currently undergoing Phase 2b/3 clinical trials for primary biliary cholangitis. Furthermore, it is being evaluated in Phase 2 studies for various other indications, including squamous cell carcinoma of the head and neck, idiopathic pulmonary fibrosis, and type 1 diabetic kidney disease. Calliditas's pipeline also includes Budenofalk 3 mg oral capsules, which are under development for the treatment of autoimmune hepatitis. The company was established in 2004 and has its corporate headquarters located in Stockholm, Sweden.
Calliditas Therapeutics AB (publ) is most often compared with the following Healthcare names: