I am also happy to say that we are on track for approval early next year. We are pleased with our progress in the second quarter. And that’s actually a good segue I will some around my order into Half-Life technology and move to mAbs. For a description of important factors that could cause actual results to differ, we refer you to the forward-looking statements in today’s press release and the note on forward-looking statements in the company’s SEC filings.It is now my pleasure to turn the call over to KindredBio CEO, Richard Chin. We don’t know how much. Manufacturing scale up is tracking to our expectations.As you know, atopic dermatitis is a very large attractive area. The progress on our deep pipeline and robust runway positions, position us strongly for the future.The net takeaways are that we operate in a resilient growing industry. I will follow-up offline.Thank you. Thank you.Sure. When you talk about the readout…That in measure, I said that part [ph]. There are some large companies that are interested in our manufacturing capacity and especially with the COVID pandemic there is increased demand for manufacturing capacity. We will be looking at the past price trends, developments, and market opinions for KIN so that we can issue a Kin price prediction for June 2020. In terms of our -- right now I was kind of modeling R&D to stay fairly the same for this quarter and then the G&A part to really be the one that gets us to that $40 million. It seems like you have been more comfortable with the 12-month timeline for atopic derm just because of the demand maybe you want to sign off on that. We are very excited about our future.With that, I will turn the call over to Wendy for a review of our second quarter financials.Thanks, Richard. And then just because you had suspended the trial for epoCat with COVID, is -- and this may be a long shot, but I figured, I’d ask anyway. We look forward to updating you on our progress next quarter.Thank you, Wendy. Thank you. Richard, sort of a high level or broad based question, but I am just curious, when you see the market data shows that veterinarians are looking for options for atopic derm. KIN debuted May at a price of $0,000007. Is there any change to maybe peak sales or thoughts of peak sales in Mirataz, I mean, I do believe the Dechra has a larger sales force and then would also be as Brandon alluded to in more than one more or in more than a bigger presence than in just the U.S.?So I am not sure the peak sales will change, but I think what will change is the speed of uptake. Following completion of the transaction, future global sales by Dechra will be recorded by KindredBio as royalty revenue.Zimeta product revenues were $7,000 in the second quarter, reflecting a downturn in equine events and transportation as a result of COVID-19.On May 20th we entered into an agreement with Vaxart for the manufacture of their oral vaccine candidate for COVID-19 and reported contract manufacturing revenue of $546,000 based on the percentage completion of specific milestones for the quarter.Research and development expenses were higher year-over-year, primarily due to the inclusion of expenses from the Kansas facility as it began to manufacture clinical trial material. The price of KIN is $0,000006 USD, with a decrease of -1.86% in the last 24 hours.During the mid-March crash, Kin plummeted to $0,000003 from $0,000005.

So there is definitely potential for that, but we don’t want to commit to that at this point.

July 6, 2020; A month ago, the chef Kwame Onwuachi reopened Kith and Kin, the restaurant on the Potomac River in Washington where he established himself as a … So with regard to efficacy, there are fair number of animals that don’t respond to current therapies or they lose their response to the current therapies after a period of time. They totaled $7.4 million in the second quarter, up from $6.7 million in the year-ago period.By the same token, the re-categorization of Kansas plant expenditures as R&D expenses, combined with lower payroll and related expenses as a result of the elimination of KindredBio’s companion sale animal -- companion animal sales force drove SG&A expenses lower.

It’s one of the few sectors of the economy that had a clear V-shaped response. We will be looking at the past price trends, developments, and market opinions for KIN so that we can issue a Kin price prediction for June 2020.Kin is currently ranked in 373rd position based on a market cap of $9,353,130, with a 24-hours trading volume of $39,569.08 worth of KIN. The strategic actions taken in the first half of the year to streamline our operations, reduce expenditures and improved capital efficiency have strengthened our financial position going forward. Kin Price Prediction 2020. So we think there is a tremendous amount of value in our pipeline. We are pleased to see the growing demand for Mirataz doing its first partial quarter in the hands of Dechra. And then, lastly, can you provide any color on Mirataz’s performance in the hands of Dechra and whether they have launched in the EU and how the product is doing there?

That was very helpful. So if you look in the past, there have been periods where the value has been not -- has not been reflected in the stock price but it’s always come back and we are confident that will happen.The pipeline in lot of the other veterinary pharmaceutical companies are skew towards livestock and vaccines and there is paucity of really promising products for the companion animal sector. So the pivotal studies for this program are fast because they are laboratory studies.

Kin price equal to 0.000011 USD at 2020-08-28, but your current investment may be devalued in the future. The ideal time to partner would be after the positive readout and launch, because we would want to prepare for the launch, obviously, yes. What are they looking for, maybe you can just help us out and be more specific there, is it a cheaper option, are they looking for better duration, is it a greater efficacy? Thanks guys.Yes. So that is a -- that is something that we are pursuing, but we are not at a point where we can predict with certainty that will materialize.Thank you.

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