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Unicycive Therapeutics Announces Receipt of Complete Response Letter for Oxylanthanum Carbonate for the Treatment of Hyperphosphatemia in Patients with Chronic Kidney Disease on Dialysis --Complete Response Letter (CRL)

Key Takeaway: Unicycive Therapeutics has received a Complete Response Letter (CRL) from the FDA for its New Drug Application for Oxylanthanum Carbonate (OLC), aimed at treating hyperphosphatemia in patients with chronic kidney disease on dialysis. The CRL specifically cited deficiencies at a third-party manufacturing vendor not related to OLC itself. However, Unicycive remains optimistic as they have identified a second vendor capable of producing OLC, and they plan to meet with the FDA to discuss the next steps. The company has a cash balance sufficient to sustain operations into 2026.

Market Sentiment Analysis

POSITIVE FACTORS

  • No other technical concerns were cited regarding OLC testing.
  • A second manufacturing vendor has been identified, which may help resolve issues.
  • Cash runway is expected to extend into the second half of 2026.

CONCERNS & RISKS

  • The FDA issued a Complete Response Letter (CRL) due to deficiencies at a third-party vendor.
  • The CRL could delay the approval process for Oxylanthanum Carbonate.

Full Press Release Details

Therapeutics Announces Receipt of Complete Response Letter for Oxylanthanum Carbonate for the Treatment of Hyperphosphatemia in Patients
with Chronic Kidney Disease on Dialysis
--Complete Response Letter (CRL) cited deficiencies
previously identified at a third-party manufacturing vendor unrelated to Oxylanthanum Carbonate (OLC)
--No other concerns stated, including pre-clinical,
clinical, or safety data
--The Company identified a second manufacturing
vendor that has already produced OLC drug product, which could also be used to support the resolution of the Clinical Manufacturing and
Controls (CMC) issues identified in the CRL
--The Company plans to immediately request a
Type A meeting with the FDA to align on next steps
--Unicycive currently has an unaudited cash
balance of approximately $20.7 million, with cash runway currently expected into the second half of 2026
LOS ALTOS, Calif., June 30, 2025 - Unicycive
Therapeutics, Inc. ("Unicycive" or the "Company") (Nasdaq: UNCY), a clinical-stage biotechnology company
developing therapies for patients with kidney disease, today announced that the U.S. Food and Drug Administration (FDA) has issued a CRL
for its New Drug Application (NDA) for OLC to treat hyperphosphatemia in patients with chronic kidney disease (CKD) on dialysis.
"We plan to immediately seek a Type A meeting with the Agency
to gain alignment on the best strategy to ensure rapid resolution of the CRL," said Shalabh Gupta, M.D., Chief Executive Officer
of Unicycive. "With a second manufacturing vendor identified that has produced OLC drug product, we remain optimistic about our
ability to bring this promising new treatment option to patients with CKD on dialysis who are managing hyperphosphatemia, and we plan
to provide an update as soon as we have additional clarity on next steps from the FDA."
After submitting the NDA, and as a part of the application review and
routine information requests, the FDA notified Unicycive that a third-party manufacturing vendor of its main contract development and
manufacturing organization (CDMO) was cited for deficiencies following a cGMP inspection. This citation is unrelated to OLC. Unicycive
also notes that as part of the NDA review, the Agency has not highlighted any other technical concerns related to the submitted CMC documentation
or testing of OLC itself.
As part of its overall manufacturing strategy, the Company had previously
identified a back-up third-party manufacturing vendor to build redundancy into its supply chain. The second vendor has a long history
of successful FDA and international regulatory inspections and has already produced OLC drug product, which could also be used to support
the resolution of the CMC issues identified in the CRL.
About Oxylanthanum Carbonate (OLC)
OLC is an investigational oral phosphate binder
that leverages proprietary nanoparticle technology to deliver high phosphate binding potency, reducing the number and size of pills that
patients must take to treat hyperphosphatemia in patients with chronic kidney disease (CKD) on dialysis. Its potential best-in-class profile
may have meaningful patient adherence benefits over currently available treatment options as it requires a lower pill burden.
Unicycive is seeking FDA approval of OLC via
the 505(b)(2) regulatory pathway. The NDA submission package is based on data from three clinical studies (a Phase 1 study in healthy
volunteers, a bioequivalence study in healthy volunteers, and a tolerability study of OLC in CKD patients on dialysis), multiple preclinical
studies, and the chemistry, manufacturing and controls (CMC) data. OLC is protected by a strong global patent portfolio including issued
patents on composition of matter with exclusivity until 2031, and with the potential for patent term extension until 2035.
About Hyperphosphatemia
Hyperphosphatemia is a serious medical condition
that occurs in nearly all patients with End Stage Renal Disease (ESRD). Annually there are over 450,000 individuals in the U.S. that require
medication to control their phosphate levels.1 Uncontrolled hyperphosphatemia is strongly associated with increased death and
hospitalization for CKD patients on dialysis. Treatment of hyperphosphatemia is aimed at lowering serum phosphate levels via two means:
(1) restricting dietary phosphorus intake; and (2) using, on a daily basis, and with each meal, oral phosphate binding drugs that facilitate
fecal elimination of dietary phosphate rather than its absorption from the gastrointestinal tract into the bloodstream.
About Unicycive Therapeutics
Unicycive Therapeutics is a biotechnology company developing novel
treatments for kidney diseases. Unicycive's lead investigational treatment is oxylanthanum carbonate, a novel phosphate binding
agent currently under review by the U.S. Food and Drug Administration (FDA) for the treatment of hyperphosphatemia in patients with chronic
kidney disease who are on dialysis. Unicycive's second investigational treatment UNI-494 is intended for the treatment of conditions
related to acute kidney injury. It has been granted orphan drug designation (ODD) by the FDA for the prevention of Delayed Graft Function
(DGF) in kidney transplant patients and has completed a Phase 1 dose-ranging safety study in healthy volunteers. For more information,
Forward-Looking Statements
Certain statements in this press release are forward-looking within
the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified using words such as "anticipate,"
"believe," "forecast," "estimated" and "intend" or other similar terms or expressions that concern
Unicycive's expectations, strategy, plans or intentions. These forward-looking statements are based on Unicycive's current expectations
and actual results could differ materially. There are several factors that could cause actual events to differ materially from those indicated
by such forward-looking statements. These factors include, but are not limited to, clinical trials involve a lengthy and expensive process
with an uncertain outcome, and results of earlier studies and trials may not be predictive of future trial results; our clinical trials
may be suspended or discontinued due to unexpected side effects or other safety risks that could preclude approval of our product candidates;
risks related to business interruptions, which could seriously harm our financial condition and increase our costs and expenses; dependence
on key personnel; substantial competition; uncertainties of patent protection and litigation; dependence upon third parties; and risks
related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. Actual results may differ materially
from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related
to market conditions and other factors described more fully in the section entitled Risk Factors' in Unicycive's Annual
Report on Form 10-K for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission.
Any forward-looking statements contained in this press release speak only as of the date hereof, and Unicycive specifically disclaims
any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Frequently Asked Questions

What is the status of Oxylanthanum Carbonate's FDA approval?

Unicycive received a Complete Response Letter from the FDA regarding OLC.

What issues led to the Complete Response Letter?

The CRL cited deficiencies at a third-party manufacturing vendor unrelated to OLC.

How is Unicycive addressing the CRL issues?

A second manufacturing vendor has been identified to resolve the CMC concerns.

What is hyperphosphatemia?

Hyperphosphatemia is a severe condition affecting kidney disease patients on dialysis.

What is Unicycive's financial status?

Unicycive has about $20.7 million in cash, projected to last until mid-2026.

Last updated: Jun 30, 2025