Kodiak Sciences Falls Before Holiday Pause With Eyes on Drug Update
Kodiak Sciences shares fell 3.2% to $36.23 Friday, ending a volatile week ahead of a three-day U.S. market closure. No new company updates were posted; investors await late-stage trial results for Zenkuda, Kodiak’s experimental retina drug. The stock remains above pre-March levels, after Zenkuda met a key Phase 3 goal for diabetic retinopathy. One-year data from a wet AMD trial is expected in September.