Gravity Analytica

KalVista Appoints Jeb Ledell as Chief Operating Officer

KALV 12.16.2024

SERA-AI Powered Highlights

Drug:UNKNOWN-UNKNOWN sebetralstat

Diseases:hereditary angioedema

Full Press Release SEC Filings Our KALV Tweets

About Gravity Analytica

Recent Filings

CAMBRIDGE, Mass.&SALISBURY, England--(BUSINESS WIRE)--Dec. 16, 2024--KalVista Pharmaceuticals, Inc. (NASDAQ: KALV), today announced thatJeb Ledellhas joined the Company as Chief Operating Officer (COO).Mr. Ledellis an accomplished public company COO with a track record of driving operational excellence and strategic growth within the biotechnology industry.

“I am pleased to welcome Jeb toKalVistaat this key time in our evolution. His extensive experience in leading teams and driving efficiency within companies like ours makes him a valued addition to the team as we continue to evolve into a commercial entity,” saidBen Palleiko, Chief Executive Officer ofKalVista. “I am confident that his proven skills will help us to achieve our goal of delivering sebetralstat to help transform the lives of people living with hereditary angioedema.”

“I am excited to join the talented team atKalVistaas the Company prepares to launch sebetralstat on a global scale,” saidMr. Ledell. “I am eager to contribute my insights and experience to drive forward the Company’s mission of delivering a transformative new therapy for those impacted by hereditary angioedema.”

Mr. Ledellhas more than 20 years of leadership and operational experience in the biotechnology industry, specializing in driving organizational growth, optimizing processes, and overseeing complex projects from inception to successful execution. He joinsKalVistafrom AVEO Oncology, an LG Chem company, where he held the same role and oversaw AVEO’s operational strategy. Prior to AVEO,Mr. Ledellserved as COO at Enzyvant Therapeutics, where he played a key role in the successfulU.S. Food and Drug Administrationapproval of RETHYMIC®. He has also held leadership positions at Compass Therapeutics andHorizon Discovery Group, guiding both companies through significant operational growth and transformation.

Mr. Ledellholds a B.S. in Chemical Engineering fromWorcester Polytechnic Institute.

OnDecember 16, 2024,Mr. Ledellwas granted inducement options to purchase 100,000 shares of the Company’s Common Stock as an inducement to Ledell’s entering into employment withKalVista. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as inducements material toMr. Ledellentering into employment with the Company. The options will have an exercise price equal to the closing price of the Company’s Common Stock on theNasdaq Stock Market LLCon the grant date ofDecember 16, 2024. The options will vest over a four year period with (i) 1/4th of the total shares subject to the options vesting on the one year anniversary of Mr. Ledell’s start date and (ii) thereafter, 1/48th of the total number of shares underlying the options vesting on each monthly anniversary of the vesting commencement date, which is subject to Mr. Ledell’s continued service through each vesting date. Each stock option has a 10-year term and is subject to the terms and conditions of the Company’s 2021 Amended and Restated Inducement Plan and a stock option agreement covering the grant.

AboutKalVista Pharmaceuticals, Inc.

KalVista Pharmaceuticals, Inc.is a global pharmaceutical company whose mission is to develop and deliver life-changing oral medicines for people affected by rare diseases with significant unmet needs. Sebetralstat, our novel, investigational candidate for the oral, on-demand treatment of hereditary angioedema, is under regulatory review by the FDA with a PDUFA goal date ofJune 17, 2025. We have also completed Marketing Authorization Applications for sebetralstat to theEuropean Medicines Agencyand multiple other countries. For more information, please visitwww.kalvista.comor follow us on social media at@KalVistaandLinkedIn.

Forward-Looking Statements

This press release contains "forward-looking" statements within the meaning of the safe harbor provisions of theU.S.Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Examples of forward-looking statements include, among others, timing or outcomes of communications with the FDA, our expectations about safety and efficacy of our product candidates and timing of clinical trials and its results, our ability to commence clinical studies or complete ongoing clinical studies, including our KONFIDENT-S and KONFIDENT-KID trials, and to obtain regulatory approvals for sebetralstat and other candidates in development, the success of any efforts to commercialize sebetralstat, the ability of sebetralstat and other candidates in development to treat HAE or other diseases, and the future progress and potential success of our oral Factor XIIa program. Further information on potential risk factors that could affect our business and financial results are detailed in our filings with theSecurities and Exchange Commission, including in our annual report on Form 10-K for the year endedApril 30, 2024, our quarterly reports on Form 10-Q, and our other reports that we may make from time to time with theSecurities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

View source version onbusinesswire.com:https://www.businesswire.com/news/home/20241216320285/en/

Media:Jenn SnyderVice President, Corporate Affairs(857) 356-0479jennifer.snyder@kalvista.com

Investors:Ryan BakerHead, Investor Relations(617) 771-5001ryan.baker@kalvista.com

Source:KalVista Pharmaceuticals, Inc.

Please be aware that the following content has been generated by an AI system and may contain errors, inconsistencies, or outdated information. It is provided as-is without any warranties or guarantees of accuracy. We strongly recommend using this content as a starting point for further research and consultation with relevant experts or authorities. We disclaim any liability for damages or losses resulting from the use or reliance on this content.Please note that this is a beta version of the Gravity Analytica LLC’s AI Service which isstill undergoing final testing before its official release. Theplatform, its software and all content found on it are provided on an“as is” and “as available” basis. Gravity Analytica LLC does not give any warranties,whether express or implied, as to the suitability or usability of thisservice, webpage, or its software or any of its content.Should you encounter any bugs, glitches, lack of functionality orother problems on the website, please let us know immediately so wecan rectify these accordingly. Your help in this regard is greatlyappreciated! You can write to us at this addressteam@gravityanalytica.com