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ProKidney to Participate in the UBS Virtual Organ Restoration Day

Key Takeaway: ProKidney Corp. announced its participation in the UBS Virtual Organ Restoration Day scheduled for October 15, 2024. Senior management will be involved in a fireside chat, discussing the company's innovations in cell therapy for chronic kidney disease. ProKidney's lead product candidate, rilparencel, is under evaluation in Phase 2 and Phase 3 studies, having received RMAT designation from the FDA. The event will also include one-on-one meetings for interested investors.
Price reaction · baseline $1.73 (2024-10-08 close) · hit after-hours · 1 other PROK headline(s) in the window, move may be shared
day 0 close · peak
-1.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • ProKidney is participating in a significant industry event, showcasing its commitment to chronic kidney disease therapy.
  • The company is advancing in clinical-stage development with its unique therapy candidate, rilparencel.
  • Rilparencel has received RMAT designation from the FDA, indicating its potential impact in treating high-risk diabetic patients.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+32%
120-day peak, hindsight
Typical move
5.1%
average across 5 past catalysts
Cash runway
~15 mo
Low dilution risk
Lead asset
Renal Autologous Cell Therapy
Phase 3 · Type 2 Diabetes Mellitus

Full Press Release Details

WINSTON-SALEM, N.C., Oct. 09, 2024 (GLOBE NEWSWIRE) -- ProKidney Corp. (Nasdaq: PROK) (“ProKidney”), a late clinical-stage biotech company focused on the development of a first-in-class cell therapy candidate for chronic kidney disease (CKD), today announced that senior members of the management team will be participating in the UBS Virtual Organ Restoration Day, which will be taking place on October 15, 2024.
UBS Virtual Organ Restoration Day
Date: Tuesday, October 15, 2024
Time: 9:00am ET
Format: Fireside Chat
Webcast Link: https://kvgo.com/ubs/prokidney-oct-2024
The live webcast will also be accessible through the “Events” section of the Investor Relations tab within ProKidney’s website at www.prokidney.com. Following the completion of the fireside chat, a replay of the webcast will be available for 90 days.
The ProKidney management team will also host one-on-one meetings during this event. Interested investors should contact their UBS representative to schedule meetings.
About ProKidney Corp.
ProKidney, a pioneer in the treatment of chronic kidney disease through innovations in cellular therapy, was founded in 2015 after a decade of research. ProKidney’s lead product candidate, rilparencel (also known as REACT®), is a first-of-its-kind, patented, proprietary autologous cellular therapy being evaluated in Phase 2 and Phase 3 studies for its potential to preserve kidney function in diabetic patients at high risk of kidney failure. Rilparencel has received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA. For more information, please visit www.prokidney.com.

Frequently Asked Questions

What date is the UBS Virtual Organ Restoration Day?

The UBS Virtual Organ Restoration Day is on October 15, 2024.

What is ProKidney's lead product candidate?

ProKidney's lead product candidate is rilparencel, also known as REACT®.

How can I access the live webcast of the event?

The live webcast can be accessed via the webcast link or the ProKidney website.

What type of therapy is rilparencel?

Rilparencel is a patented autologous cellular therapy for chronic kidney disease.

How long will the webcast replay be available?

The replay of the webcast will be available for 90 days after the event.

Last updated: Oct 9, 2024