– ARCALYST® (rilonacept) Q3 2025 net product revenue of $180.9 million, representing 61% year-over-year growth –

– ARCALYST 2025 expected net product revenue raised to $670 - $675 million –

– KPL-387 granted Orphan Drug Designation for the treatment of pericarditis –

– Cash balance increased by $44.3 million in Q3 2025 to $352.1 million –

– Conference call and webcast scheduled for 8:30 am ET today –

LONDON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Kiniksa Pharmaceuticals International, plc (NASDAQ:KNSA) (Kiniksa), a biopharmaceutical company developing and commercializing novel therapies for diseases with unmet need, with a focus on cardiovascular indications, today reported third quarter 2025 financial results and recent portfolio execution.

"Year to date, ARCALYST revenue has continued to grow, with the expanding adoption of IL-1α & IL-1β inhibition for recurrent pericarditis driving a significant increase in active commercial patients and duration of therapy. As a result, we are raising our 2025 ARCALYST net sales guidance to between $670 million and $675 million from between $625 million and $640 million," said Sanj K. Patel, Chairman and Chief Executive Officer of Kiniksa. "In our clinical portfolio, we believe the development of KPL-387 positions our IL-1α & IL-1β inhibition franchise for continued success and could offer an important advancement in the treatment options available to patients with recurrent pericarditis, potentially expanding penetration into the addressable market. We are on-track for data from the Phase 2 dose-focusing portion of the KPL-387 Phase 2/3 recurrent pericarditis trial in the second half of 2026."

Portfolio Execution

ARCALYST (IL-1α and IL-1β cytokine trap)

KPL-387 (monoclonal antibody IL-1 receptor antagonist)

KPL-1161 (Fc-modified monoclonal antibody IL-1 receptor antagonist)

Financial Results

Financial Guidance

Conference Call Information

About Kiniksa

Kiniksa is a biopharmaceutical company dedicated to improving the lives of patients suffering from debilitating diseases by discovering, acquiring, developing, and commercializing novel therapies for diseases with unmet need, with a focus on cardiovascular indications. Kiniksa's portfolio of assets is based on strong biologic rationale or validated mechanisms and offers the potential for differentiation. For more information, please visit www.kiniksa.com.

About ARCALYST

ARCALYST is a weekly, subcutaneously injected recombinant dimeric fusion protein that blocks interleukin-1 alpha (IL-1α) and interleukin-1 beta (IL-1β) signaling. ARCALYST was discovered by Regeneron Pharmaceuticals, Inc. (Regeneron) and is approved by the U.S. Food and Drug Administration (FDA) for recurrent pericarditis, cryopyrin-associated periodic syndromes (CAPS), including Familial Cold Autoinflammatory Syndrome and Muckle-Wells Syndrome, and deficiency of IL-1 receptor antagonist (DIRA). The FDA granted Breakthrough Therapy designation to ARCALYST for the treatment of recurrent pericarditis in 2019 and Orphan Drug exclusivity to ARCALYST in 2021 for the treatment of recurrent pericarditis and reduction in risk of recurrence in adults and pediatric patients 12 years and older. The European Commission granted Orphan Drug Designation to ARCALYST for the treatment of idiopathic pericarditis in 2021.

IMPORTANT SAFETY INFORMATION ABOUT ARCALYST

For more information about ARCALYST, talk to your doctor and see the Product Information.

About KPL-387

KPL-387 is an independently developed, investigational, fully human immunoglobulin G2 (IgG2) monoclonal antibody that binds human interleukin-1 receptor 1 (IL-1R1), inhibiting the signaling of the cytokines IL-1α and IL-1β. Kiniksa believes KPL-387 could expand the treatment options for recurrent pericarditis patients by potentially enabling dosing with a single monthly SC self-injection in a liquid formulation. In October 2025, the FDA granted Orphan Drug Designation to KPL-387 for the treatment of pericarditis.

About KPL-1161

KPL-1161 is an independently developed, investigational, Fc-modified IgG2 monoclonal antibody that binds IL-1R1, inhibiting the signaling of the cytokines IL-1α and IL-1β, with a target profile of quarterly SC dosing. Kiniksa is currently engaging in IND-enabling development activities for KPL-1161.

Forward-Looking Statements

This press release contains forward-looking statements. In some cases, you can identify forward looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions, although not all forward-looking statements contain these identifying words. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation, statements regarding: our expectation that ARCALYST 2025 net product revenue will increase to between $670 million and $675 million; our belief that the development of KPL-387 positions our IL-1α & IL-1β inhibition franchise for continued success and could offer an important advancement in the treatment options available to patients with recurrent pericarditis, potentially expanding penetration into the addressable market; our expectation that we are on track to have data from the Phase 2 dose-focusing portion of the KPL-387 Phase 2/3 recurrent pericarditis trial in the second half of 2026, and our plan to initiate the pivotal portion of the trial thereafter; our plan to conduct a supplemental Phase 2 Transition to KPL-387 Monotherapy Dosing & Administration Study evaluating the efficacy and safety of the dosing regimens used to transition patients from standard therapies to KPL-387 monotherapy; our expectation that our current operating plan will remain cash flow positive on an annual basis; our target profile of monthly dosing via a single subcutaneous injection in a liquid formulation for KPL-387; our target profile of quarterly subcutaneous dosing for KPL-1161; our beliefs about the mechanisms of our assets and potential impact of their approach; and our belief that our portfolio of assets offers the potential for differentiation.

These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including without limitation, the following: delays or difficulty in enrollment of patients in, and activation or continuation of sites for, our clinical trials; delays or difficulty in completing our clinical trials as originally designed; potential for changes between final data and any preliminary, interim, top-line or other data from clinical trials; our inability to replicate results from our earlier clinical trials or studies; impact of additional data from us or other companies, including the potential for our data to produce negative, inconclusive or commercially uncompetitive results; potential undesirable side effects caused by our products and product candidates; our inability to demonstrate safety and efficacy to the satisfaction of applicable regulatory authorities; potential for applicable regulatory authorities to not accept our filings, delay or deny approval of any of our product candidates or require additional data or trials to support approval; our reliance on third parties as the sole source of supply of the drug substance and drug product used in our products and product candidates; raw material, important ancillary product and drug substance and/or drug product shortages; our reliance on third parties to conduct research, clinical trials, and/or certain regulatory activities for our product candidates; complications in coordinating requirements, regulations and guidelines of regulatory authorities across jurisdictions for our clinical trials; business development activities and their impact on our financial performance and strategy; changes in our operating plan, business development strategy or funding requirements; existing or new competition; current and future healthcare reforms, including those affecting the delivery of or payment for healthcare products and services; and the impact of global economic policy, including any uncertainty in national and international markets.

These and other important factors discussed in our filings with the U.S. Securities and Exchange Commission, including under the caption "Risk Factors" contained therein, could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. Except as required by law, we disclaim any intention or obligation to update or revise any forward-looking statements. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

ARCALYST® is a registered trademark of Regeneron Pharmaceuticals, Inc.

Every Second Counts! ®

Kiniksa Investor & Media Contact

Jonathan Kirshenbaum

(781) 829-3949

jkirshenbaum@kiniksa.com



KINIKSA PHARMACEUTICALS INTERNATIONAL, PLC
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except share and per share amounts)
(Unaudited)
                   
                   
        Three Months Ended Nine Months Ended
        September 30, September 30,
        2025

 2024

 2025

 2024

Revenue:              
  Product revenue, net $180,855  $112,214  $475,437  $294,493 
  License and collaboration revenue  —   —   —   6,210 
    Total revenue  180,855   112,214   475,437   300,703 
Operating expenses:            
  Cost of goods sold  20,257   20,109   56,728   43,014 
  Collaboration expenses  63,307   29,307   159,515   80,122 
  Research and development  24,166   26,057   62,244   76,408 
  Selling, general and administrative  49,104   46,399   139,497   127,476 
    Total operating expenses  156,834   121,872   417,984   327,020 
Income (loss) from operations  24,021   (9,658)  57,453   (26,317)
Other income  3,136   2,457   8,146   7,144 
Income (loss) before income taxes  27,157   (7,201)  65,599   (19,173)
Provision for income taxes  (8,722)  (5,492)  (20,793)  (15,132)
Net income (loss) $18,435  $(12,693) $44,806  $(34,305)
Net income (loss) per share attributable to ordinary shareholders—basic$0.25  $(0.18) $0.61  $(0.48)
Net income (loss) per share attributable to ordinary shareholders—diluted$0.23  $(0.18) $0.57  $(0.48)
Weighted average ordinary shares outstanding—basic  74,714,846   71,726,685   73,605,690   71,123,658 
Weighted average ordinary shares outstanding—diluted  80,035,400   71,726,685   78,027,370   71,123,658 
                   



KINIKSA PHARMACEUTICALS INTERNATIONAL, PLC
SELECTED CONSOLIDATED BALANCE SHEET DATA
(In thousands)
(Unaudited)
     
     
  As of
  September 30,December 31,
   2025   2024 
     
Cash, cash equivalents, and short-term investments $352,102  $243,627 
Working capital  351,938   231,178 
Total assets  712,333   580,553 
Accumulated deficit  (476,337)  (521,143)
Total shareholders' equity  535,383   438,436 
     


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