Joohwan Kim's questions to Arcturus Therapeutics Holdings Inc (ARCT) leadership • Q4 2024
Question
Joohwan Kim, on for Whitney Ijem, asked for clarity on the magnitude of development costs CSL needs to recoup before Arcturus receives profit-sharing payments and inquired about the next steps for KOSTAIVE's commercialization in the EU.
Answer
CFO Andrew Sassine explained that while a specific total for recoupable costs hasn't been disclosed, the recently recognized $28 million share of gross profit contributes toward that amount. He deferred to their partner CSL for details on the EU commercialization strategy but reiterated that Arcturus's cash runway guidance to Q1 2027 does not depend on future KOSTAIVE revenue.