Calliditas Therapeutics AB (publ) (CALT)

NASDAQ: CALT · IEX Real-Time Price · USD
22.50
+0.84 (3.88%)
At close: May 20, 2024, 3:40 PM
22.30
-0.20 (-0.89%)
After-hours: May 20, 2024, 4:00 PM EDT
3.88%
Market Cap 590.39M
Revenue (ttm) 119.73M
Net Income (ttm) -46.25M
Shares Out 26.84M
EPS (ttm) -1.62
PE Ratio n/a
Forward PE 18.38
Dividend n/a
Ex-Dividend Date n/a
Volume 5,284
Open 22.04
Previous Close 21.66
Day's Range 22.00 - 22.59
52-Week Range 15.25 - 29.30
Beta 1.40
Analysts Strong Buy
Price Target 39.33 (+74.8%)
Earnings Date May 28, 2024

About CALT

Calliditas Therapeutics AB (publ), a commercial-stage bio-pharmaceutical company, focused on identifying, developing, and commercializing novel treatments in orphan indications with an initial focus on renal and hepatic diseases with significant unmet medical needs in the United States, Europe, and Asia. It offers Nefecon (TARPEYO/Kinpeygo), an oral formulation of budesonide to reduce the loss of kidney function in adults with immunoglobulin A nephropathy. The company's lead compound is Setanaxib, a NOX inhibitor that is in Phase 2b clinical tr... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 5, 2020
Employees 217
Stock Exchange NASDAQ
Ticker Symbol CALT
Full Company Profile

Financial Performance

In 2023, CALT's revenue was 1.21 billion, an increase of 50.32% compared to the previous year's 802.88 million. Losses were -466.19 million, 13.1% more than in 2022.

Financial numbers in SEK Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CALT stock is "Strong Buy." The 12-month stock price forecast is $39.33, which is an increase of 74.80% from the latest price.

Price Target
$39.33
(74.80% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

In-Person & Virtual R&D Day: The Anti-Fibrotic Effects of Setanaxib and TARPEYO's Mode of Action

STOCKHOLM , May 16, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (NASDAQ: CALT) (NASDAQ Stockholm: CALTX) ("Calliditas") today announced that it will hold an in-person and virtual R&D day on Thursd...

4 days ago - PRNewsWire

Calliditas Therapeutics to Present Data at ERA 2024 May 23 - 26 in Stockholm

STOCKHOLM , May 15, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (NASDAQ: CALT) (NASDAQ STOCKHOLM: CALTX) ("Calliditas"), today announced upcoming data presentations and a sponsored symposium at th...

5 days ago - PRNewsWire

Notice of annual general meeting of Calliditas Therapeutics AB (publ)

STOCKHOLM , May 15, 2024 /PRNewswire/ -- The shareholders of Calliditas Therapeutics AB (publ) ("Calliditas Therapeutics"), Reg. No. 556659-9766, with registered office in Stockholm, are summoned to t...

5 days ago - PRNewsWire

Calliditas' Partner Everest Medicines Starts Commercial Launch of Nefecon in China

STOCKHOLM , May 14, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas") today announces that its partner Everest Medicines (HKEX: 1952.HK) ("Everest...

6 days ago - PRNewsWire

Calliditas announces positive topline results of Phase 2 head and neck cancer trial with lead NOX inhibitor candidate, setanaxib

STOCKHOLM , May 6, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas") today announced data from the proof-of-concept Phase 2 trial evaluating setan...

14 days ago - PRNewsWire

Calliditas Therapeutics' 2023 Annual Report Published

STOCKHOLM , April 24, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (NASDAQ: CALT), (NASDAQ STOCKHOLM: CALTX)  ("Calliditas") today announces that the Annual Report for 2023 now is available at the ...

26 days ago - PRNewsWire

Calliditas Announces Positive NefIgArd Open Label Extension Results

STOCKHOLM , April 24, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (NASDAQ: CALT), (NASDAQ STOCKHOLM: CALTX) ("Calliditas") today announced that the global open-label extension (OLE) study to the P...

26 days ago - PRNewsWire

Calliditas Therapeutics Presents Additional Data Analyses from the Phase 3 NeflgArd trial of Nefecon in Primary IgA Nephropathy at the ISN World Congress of Nephrology 2024

STOCKHOLM , April 18, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas"), today announced additional data analyses from the 2-year Phase 3 NeflgArd...

4 weeks ago - PRNewsWire

Calliditas Therapeutics to Attend Conferences in April

STOCKHOLM , April 9, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT, Nasdaq Stockholm: CALTX) ("Calliditas"), a commercial biopharma company focused on rare diseases today announced tha...

5 weeks ago - PRNewsWire

Calliditas Therapeutics to Present Nefecon Data at the ISN World Congress of Nephrology April 13 - 16 in Buenos Aires

STOCKHOLM , April 8, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas"), today announced upcoming data presentations, as well as a sponsored sympos...

6 weeks ago - PRNewsWire

Calliditas receives notice of allowance for United States patent application covering setanaxib in cancer treatment

STOCKHOLM , April 8, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (NASDAQ: CALT) (NASDAQ Stockholm: CALTX) ("Calliditas") today announced that the Company has received a Notice of Allowance from th...

6 weeks ago - PRNewsWire

Everest Medicines' Partner Calliditas Therapeutics Announces U.S. FDA Grants an Additional Seven-Year Orphan Drug Exclusivity Period for Nefecon®

SHANGHAI , March 11, 2024 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest", or the "Company")'s licensing partner Calliditas Therapeutics AB (Nasdaq: CALT, Nasdaq Stockholm: CALTX) ("Callidi...

2 months ago - PRNewsWire

Calliditas announces an additional seven year orphan drug exclusivity period for TARPEYO®

STOCKHOLM , March 6, 2024 /PRNewswire/ --  Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ('Calliditas') today announced that the FDA has granted an orphan drug exclusivity period...

2 months ago - PRNewsWire

Calliditas Therapeutics to Attend Investor Conferences in March

STOCKHOLM , March 1, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) and (Nasdaq Stockholm: CALTX) ("Calliditas"), a commercial biopharma company focused on rare diseases today announce...

2 months ago - PRNewsWire

Calliditas Year-end report, January - December 2023

STOCKHOLM , Feb. 21, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq Stockholm: CALTX) 2023: Full approval for TARPEYO in the US; a year of successes OCTOBER – DECEMBER 2023(COMPARED TO OCTOBE...

3 months ago - PRNewsWire

Invitation to the presentation of Calliditas´ Year-end report January - December 2023

STOCKHOLM , Feb. 14, 2024 /PRNewswire/ -- Calliditas' Year-end report for January - December 2023 will be published in Swedish and English on Wednesday 21 February 2024 at 07.00 a.m. CET. A combined a...

3 months ago - PRNewsWire

Calliditas provides patent update

STOCKHOLM , Feb. 13, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT, Nasdaq Stockholm: CALTX) ("Calliditas") today announced that the United States Patent and Trademark Office (USPTO) i...

3 months ago - PRNewsWire

Calliditas Therapeutics provides business update ahead of JP Morgan conference

STOCKHOLM , Jan. 8, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (NASDAQ: CALT) (STO: CALTX) ("Calliditas"), a commercial biopharma company focused on rare diseases today provided a business update...

4 months ago - PRNewsWire

Calliditas Therapeutics appoints Maria Törnsén as President North America

STOCKHOLM , Jan. 7, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas"), a commercial biopharma company focused on rare diseases today announced tha...

4 months ago - PRNewsWire

Calliditas to present at JP Morgan Healthcare Conference

STOCKHOLM , Jan. 7, 2024 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas") today announced that management will present at and participate in the 42nd ...

4 months ago - PRNewsWire

Calliditas refinances existing term loan with Euro 92 million senior secured facility with Athyrium Capital

STOCKHOLM , Dec. 27, 2023 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) and (Nasdaq Stockholm: CALTX) ("Calliditas") today announced that the company has signed and fully drawn a term loan...

5 months ago - PRNewsWire

Calliditas Therapeutics stock jumps as kidney treatment gets FDA approval

Calliditas Therapeutics AB's American depositary receipts CALT, +6.84% jumped 15% premarket on Thursday after the company said late Wednesday that its kidney treatment Tarpeyo received full approval f...

5 months ago - Market Watch

US FDA approves Sweden-based Calliditas' kidney disease drug

The U.S. Food and Drug Administration (FDA) granted full approval to Swedish drugmaker Calliditas Therapeutics' drug to treat rare kidney disease IgA Nephropathy (IgAN), the company said on Wednesday.

5 months ago - Reuters

Calliditas Therapeutics announces full FDA approval of TARPEYO®, the only FDA-approved treatment for IgA nephropathy to significantly reduce the loss of kidney function

STOCKHOLM , Dec. 20, 2023 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT) (Nasdaq Stockholm: CALTX) ("Calliditas"), today announced that the U.S. Food and Drug Administration (FDA) has appro...

5 months ago - PRNewsWire

Calliditas Receives Notice of Allowance for United States Patent Application Covering TARPEYO®

STOCKHOLM , Dec. 11, 2023 /PRNewswire/ -- Calliditas Therapeutics AB (Nasdaq: CALT, Nasdaq Stockholm: CALTX) ("Calliditas") today announced that it has received a Notice of Allowance from the United S...

5 months ago - PRNewsWire