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Ardelyx to Present Data Updates for XPHOZAH (tenapanor) for Hyperphosphatemia at Kidney Week 2023 November 1-5 in Philadelphia, PA

Key Takeaway: Ardelyx, Inc. has announced upcoming presentations at the ASN Kidney Week 2023 focused on tenapanor, an investigational phosphate absorption inhibitor for hyperphosphatemia. The company will showcase four posters detailing data from two trials involving U.S. patients undergoing maintenance dialysis. Additionally, Kyowa Kirin, a collaboration partner for tenapanor in Japan, will present results from two Phase 3 studies in similar patient cohorts. These presentations underscore the potential benefits of tenapanor in managing hyperphosphatemia.
Price reaction · baseline $3.29 (2023-10-12 close) · hit after-hours · 3 other ARDX headline(s) in the window, move may be shared
day 0 close
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Market Sentiment Analysis

POSITIVE FACTORS

  • Upcoming data presentations for tenapanor indicate ongoing research and development.
  • Collaboration with Kyowa Kirin suggests international interest and validation.
  • First-in-class phosphate absorption inhibitor might address significant unmet medical needs.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+23%
120-day peak, hindsight
Typical move
6.3%
average across 4 past catalysts
Cash runway
~132 mo
Minimal dilution risk
Lead asset
AZD1722
Phase 1 · Healthy Volunteer

Full Press Release Details

WALTHAM, Mass., Oct. 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 upcoming data presentations for tenapanor for hyperphosphatemia at the American Society of Nephrology (ASN) Kidney Week 2023 meeting to be held in Philadelphia, PA, November 1-5, 2023. XPHOZAH (tenapanor), discovered and developed by Ardelyx, is an investigational first-in-class phosphate absorption inhibitor.
Ardelyx will present four poster presentations highlighting data from two trials in patients with hyperphosphatemia on maintenance dialysis in the U.S. Additionally, the company’s collaboration partner for tenapanor in Japan, Kyowa Kirin Co, Ltd. (Kyowa Kirin), will present key results from two Phase 3 studies of tenapanor in a similar patient population in Japan.
Information regarding ASN's Kidney Week, including copies of presentation abstracts, can be found at https://www.asn-online.org/education/kidneyweek.
Ardelyx Poster Presentations:
Title: Optimal Initiation of Tenapanor Treatment Analyzed by Baseline Phosphate Binder Dose: A Sub-analysis of the OPTIMIZE Study
Authors: Stuart Sprague, Jill Meyer, David Rosenbaum, Susan Edelstein, Yang Yang, Suling Zhao, David Spiegel
Poster Number: TH-PO143
Date/Time: November 2, 2023 from 10:00 AM to 12:00 PM ET
Title: Patient Education Improves Tenapanor Tolerability in OPTIMIZE Study
Authors: Stephen Fadem, David Tietjen, David Spiegel, Susan Edelstein, Yang Yang, David Rosenbaum
Poster Number: TH-PO147
Date/Time: November 2, 2023 from 10:00 AM to 12:00 PM ET
Title: Safety Analysis of Tenapanor Monotherapy vs Sevelamer Carbonate in Patients on Maintenance Dialysis with Hyperphosphatemia
Authors: Arnold Silva, German T. Hernandez, David Spiegel, David Rosenbaum, Susan Edelstein, Yang Yang, Suling Zhao, Laura Williams
Poster Number: TH-PO146
Date/Time: November 2, 2023 from 10:00 AM to 12:00 PM ET
Title: Tenapanor in Combination with Phosphate Binders Improves Short and Long- Term Control of Serum Phosphate (sP) in Patients on Dialysis with Hyperphosphatemia
Authors: Daniel Weiner, Robert Lynn, David Spiegel, Susan Edelstein, Yang Yang, David Rosenbaum
Poster Number: FR-PO318
Date/Time: November 3, 2023 from 10:00 AM to 12:00 PM
Kyowa Kirin Poster Presentations:
Title: Tenapanor effect on decrease in phosphate binder pill burden for hyperphosphatemia in Japanese patients undergoing hemodialysis: A phase 3 long-term study
Poster Number: TH-PO144
Date/Time: November 2, 2023 from 10:00 AM to 12:00 PM
Title: Efficacy and safety of tenapanor in Japanese peritoneal dialysis patients with hyperphosphatemia: Results of a phase 3 study
Poster Number: TH-PO145
Date/Time: November 2, 2023 from 10:00 AM to 12:00 PM
Ardelyx was founded with a mission to discover, develop, and commercialize innovative, first-in-class medicines that meet significant unmet medical needs. Ardelyx’s first approved product, IBSRELA® (tenapanor) is available in the United States and Canada. Ardelyx is also developing XPHOZAH® (tenapanor). Ardelyx has a Phase 2 potassium lowering compound, RDX013, for the potential treatment of elevated serum potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease and an early-stage program in metabolic acidosis, a serious electrolyte disorder in patients with CKD. Ardelyx has established agreements with Kyowa Kirin in Japan, Fosun Pharma in China and Knight Therapeutics in Canada for the development and commercialization of tenapanor in their respective territories. For more information, please visit https://ardelyx.com/ and connect with us on X (formerly Twitter), LinkedIn and Facebook.
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Frequently Asked Questions

What is the purpose of the Ardelyx presentations at ASN Kidney Week 2023?

Ardelyx will present data on tenapanor for hyperphosphatemia at ASN Kidney Week.

When will Ardelyx present their research on tenapanor?

Presentations will occur from November 2 to November 3, 2023.

What is XPHOZAH and its importance?

XPHOZAH is an investigational phosphate absorption inhibitor for hyperphosphatemia.

Who collaborates with Ardelyx on tenapanor in Japan?

Kyowa Kirin Co, Ltd. collaborates with Ardelyx for tenapanor in Japan.

What are Ardelyx's other drug development programs?

Ardelyx is developing RDX013 for hyperkalemia and exploring metabolic acidosis.

Last updated: Oct 13, 2023