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Kezar Life Sciences reports Q3 EPS (25c), consensus (27c)

"In the third quarter, the team at Kezar continued its tradition of strong execution across our clinical and portfolio development plans," said John Fowler, Kezar’s Co-founder and Chief Executive Officer. "Supported by the results from the MISSION study, our conviction remains high that zetomipzomib has the potential to be a non-immunosuppressive, steroid-sparing treatment for patients with lupus and lupus nephritis. In addition, our recently announced development plan in autoimmune hepatitis underscores our belief that zetomipzomib can help patients across a diverse range of autoimmune diseases. In parallel, we are excited by progress in our protein secretion inhibition platform and look forward to our SITC poster presentation tomorrow on KZR-540, an oral small molecule that selectively blocks PD-1 expression."

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