Krystal Biotech Expects approximately $150M-$175M Of Adjusted R&D And SG&A Expense In 2024
Portfolio Pulse from Benzinga Newsdesk
Krystal Biotech anticipates its adjusted R&D and SG&A expenses to be in the range of $150M-$175M for the year 2024.

May 06, 2024 | 12:05 pm
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Krystal Biotech expects its adjusted R&D and SG&A expenses to range between $150M and $175M in 2024, indicating significant investment in research and operations.
The announcement of expected increased expenses in R&D and SG&A for Krystal Biotech could lead to concerns about short-term profitability and cash flow, potentially putting downward pressure on the stock price in the short term. However, this investment could be viewed positively in the long term if it leads to successful product development and market expansion.
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IMPORTANCE 75
RELEVANCE 100