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Markets

Kodiak Sciences Nearly Triples After Both Retinal Drugs Meet Primary Endpoints in the Pivotal DAYBREAK Trial

Zenkuda and tabirafusp-ted both cleared vision endpoints against aflibercept, and Kodiak says a multi-indication FDA filing is planned for the fourth quarter.

ME

By Marcus Elrod

Sep 29, 2026 · 5 min read

Shares of Kodiak Sciences (Nasdaq: KOD) closed sharply higher Monday after the clinical-stage biotechnology company said both of its lead retinal drugs met their primary endpoints in a pivotal Phase 3 trial, clearing a path to a planned multi-indication U.S. regulatory filing before year-end.

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Marcus Elrod

Marcus tracks positioning, flows and rates. He writes CI's weekly market internals column.

Marcus Elrod writes for Corporate Insider Inc.

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