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• CalciMedica reports Q3 2025 financial results • Phase 2 KOURAGE trial enrollment ongoing in AKI with respiratory failure • Data expected in 1H 2026 • Positive discussions with FDA on pivotal trial in acute pancreatitis • Final trial design expected in 1H 2026 • Cash position expected to fund operations into 2H 2026 • AKI animal model data encouraging • Auxora™ development continues for acute and chronic inflammatory and immunologic illnesses
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