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Anemia Associated With Chronic Kidney Disease: one US-listed biotech with a clinical-stage programme

Cardiovascular & MetabolicUncontestedData as of 2026-09-04

Competitors1in the clinic
Median market cap$1.6Buniverse median $1.20B
Allocated capital$180M$1.6B competing
Phase 3 or filed00 mid, 1 early
Pure plays0this indication only
Capital rank258/299crowding rank 260

Anemia Associated With Chronic Kidney Disease is uncontested. Ascentage Pharma Group International Unsponsored (AAPG) is the only US-listed developer in the $100M to $20B band running a clinical programme here, with APG-5918 in phase 1.

There is no public comparable to price it against. AAPG spreads its $1.6B market cap across 9 indications, so $180M of it is allocated here.

Nothing here has reached Phase 3: 0 programmes in mid stage and 1 in early stage, so the field is still several years from a first approval.

$180M of allocated capital sits in Anemia Associated With Chronic Kidney Disease, ranking it 258th of 299 indications by the money committed to it.

Companies developing drugs for Anemia Associated With Chronic Kidney Disease 1

TickerCompanyLead assetPhaseTrialsMarket capPure playIndicationsNext catalyst
AAPGAscentage Pharma Group International UnsponsoredAPG-5918Phase 11$1.6BNo9No dated event

Sorted by phase, then by market capitalisation. Ticker links open the company profile.

Why Anemia Associated With Chronic Kidney Disease counts as uncontested

Uncontested. One US-listed developer in the size band is running a clinical programme here, so there is no public comparable to price it against.

The map splits indications on two folds: six or more competitors counts as crowded, and a median company above $1.20B counts as richly priced. Anemia Associated With Chronic Kidney Disease has one competitor and a median of $1.6B.

Cardiovascular & Metabolic

Cardiovascular & Metabolic holds $89.7B of the map's capital, 13.4% of the total, spread across 29 indications and 44 companies. 9 of those indications have more than one company competing.

See every Cardiovascular & Metabolic indication on the map

Related indications in Cardiovascular & Metabolic

Venous Leg Ulcers1 company · $170M · median $170MUncontestedArrhythmogenic Right Ventricular Cardiomyopathy2 companies · $210M · median $277MOrphan cornerGout1 company · $211M · median $211MUncontestedEnd Stage Renal Disease1 company · $83M · median $166MUncontestedCoronary Artery Disease1 company · $83M · median $166MUncontestedGestational Diabetes1 company · $424M · median $1.3BUncontestedChronic Idiopathic Constipation1 company · $462M · median $924MUncontestedLong Chain Fatty Acid Oxidation Disorders1 company · $488M · median $1.5BUncontested

Anemia Associated With Chronic Kidney Disease pipeline questions

Which biotech companies are developing drugs for Anemia Associated With Chronic Kidney Disease?

Ascentage Pharma Group International Unsponsored (AAPG, APG-5918, Phase 1). Those are the 1 US-listed developer in the $100M to $20B market cap band with a clinical-stage programme in Anemia Associated With Chronic Kidney Disease.

How advanced is the Anemia Associated With Chronic Kidney Disease pipeline?

Of the 1 clinical-stage programme in Anemia Associated With Chronic Kidney Disease, 0 are in Phase 3 or filed, 0 are in mid-stage development and 1 is in early-stage development.

Is anyone else developing a drug for Anemia Associated With Chronic Kidney Disease?

No. AAPG is the only US-listed company in the $100M to $20B market cap band with a clinical-stage programme in Anemia Associated With Chronic Kidney Disease, which is why the indication is classified as uncontested.

How this page is built

  • Universe is US-listed drug developers with a $100M to $20B market capitalisation, identified by SEC SIC code 2833, 2834 or 2836 or by a pharmaceutical or biotechnology industry classification, less a reviewed exclusion list of contract research organisations, device and diagnostics makers and diversified generics manufacturers.
  • An asset attributed to three or more different companies is treated as shared standard of care rather than any one company’s programme and excluded. Pembrolizumab alone appears under 21 tickers in raw trial data.
  • A programme counts only where at least one industry-sponsored trial supports it, so investigator-initiated academic studies of third-party drugs are excluded.

Allocated capital divides each company’s market capitalisation evenly across the indications it is running clinical programmes in, so every dollar of the universe is counted exactly once. Total market capitalisation competing counts a company in each of its indications and therefore sums to more than the universe.

Third-party market size estimates are not used anywhere on this page. Approved incumbents are excluded from competitor counts, and companies above $20B are outside the universe by construction.

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