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KALA BIO Inc

kalarx.com

What Do They Do?

Develops an on-premises AI platform for biotechnology and pharmaceutical companies and seeks third-party deals for its biologics assets.

Who Are Their Customers?

The planned AI platform is aimed at biotechnology and pharmaceutical companies, contract research organizations, and academic research institutions. The company plans to sell directly and supplement those efforts with partners and channel arrangements.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▼ −86% (Loss)
vs −$11.2M in Q2 FY2025
  • Sep 3, 2026 Virotek appointed KALA distributor for ophthalmology genetic testing The agreement makes KALA the sole U.S. distributor if it meets a milestone; KALA handles commercial development while Virotek delivers the program.
  • Aug 28, 2026 Nasdaq found the company out of compliance with its bid-price rule The company said it would request a hearing; a timely request would pause suspension or delisting while the panel decides.

From eye therapies to biotech AI The earlier report centered on clinical development of therapies for eye diseases, including a lead candidate and a related preclinical program. The latest report says development of the lead candidate and stem-cell platform has stopped, while the company evaluates an on-premises AI platform and seeks deals for its biologics assets.

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