Catherine's questions to KalVista Pharmaceuticals (KALV) leadership • Q1 2026
Question
Catherine asked about the number of scripts and patients that contributed to the $1.4 million in revenue reported for July and inquired about the exact date ECTERLEET became commercially available in July following its approval.
Answer
Ben Palleiko, CEO, stated that ECTERLEET became available roughly 10 days after approval, with the first start forms received on the day of approval, predating actual shipments. Ryan Baker, Head of Investor Relations, clarified that revenue is recognized when the product is received by specialty pharmacies, in accordance with ASC 606, with a subsequent lag until it reaches patients.