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Ardelyx Announces Departure of Board Member

Key Takeaway: Ardelyx, Inc. announced the departure of Geoffrey Block, MD, from its Board of Directors after nearly five years of service. Dr. Block thanked the leadership team for their accomplishments and expressed pride in Ardelyx's position following the FDA approval of XPHOZAH, a new option for patients with chronic kidney disease. The company continues to progress with its commercial products and pipeline candidates as it enters a new phase of development and growth.

Market Sentiment Analysis

POSITIVE FACTORS

  • Geoffrey Block's departure marks a transition for Ardelyx as it evolves.
  • The company has received FDA approval for XPHOZAH, marking a significant milestone.
  • Ardelyx has two commercial products and an active pipeline, indicating growth potential.

Full Press Release Details

WALTHAM, Mass., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs, today announced that Geoffrey Block, MD, is stepping down from the Board of Directors after nearly five years of service. Dr. Block currently serves as the Associate Chief Medical Director and Senior Vice President of Clinical Research and Medical Affairs at U.S. Renal Care.
“On behalf of our board and Ardelyx’s leadership team, we thank Geoff for his unwavering commitment and the instrumental role he played in helping guide and evolve Ardelyx from a developmental, clinical-stage biopharmaceutical company to an established commercial entity,” said David Mott, Chair of the Ardelyx Board of Directors. “It has been a pleasure working with Geoff, and I would personally like to thank him for his ongoing support.”
“I am very proud of this leadership team’s many accomplishments and am grateful for the opportunity to have served on the board of directors,” said Dr. Block. “Ardelyx is well-positioned for the future, following the U.S. FDA approval of the first-in-class phosphate absorption inhibitor XPHOZAH® (tenapanor) which is a new option for the many patients with chronic kidney disease on dialysis, a community I have dedicated my career to serving. The time is right for me step down from the board of directors as Ardelyx embarks on its next phase.”
Ardelyx was founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA® (tenapanor) and XPHOZAH® (tenapanor) as well as early-stage pipeline candidates. Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin has received approval for PHOZEVEL® (tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been submitted in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada. For more information, please visit https://ardelyx.com/ and connect with us on X (formerly known as Twitter), LinkedIn and Facebook.
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Frequently Asked Questions

Who is stepping down from Ardelyx's Board of Directors?

Dr. Geoffrey Block is resigning from the Board after nearly five years.

What is Dr. Block's role at U.S. Renal Care?

He is the Associate Chief Medical Director and Senior VP of Clinical Research.

What is Ardelyx's main mission?

Ardelyx aims to create innovative, first-in-class medicines for unmet medical needs.

What products does Ardelyx have approved in the U.S.?

The company has two approved products: IBSRELA® and XPHOZAH®.

Where is tenapanor now available internationally?

Tenapanor has been approved for use in Japan and is under review in China.

Last updated: Nov 13, 2023