Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

FDA Plans To Convene AdComm For Ardelyx's Tenapanor For CKD Patients On Dialysis

Published 25/04/2022, 16:20
© Reuters.  FDA Plans To Convene AdComm For Ardelyx's Tenapanor For CKD Patients On Dialysis

  • The FDA's Office of New Drugs (OND), Center for Drug Evaluation and Research (CDER), has provided an interim response to Ardelyx Inc's (NASDAQ: ARDX) second level of appeal of the Complete Response Letter (CRL) for Xphozah.
  • Ardelyx is seeking approval for Xphozah to control serum phosphorus in adult patients with chronic kidney disease (CKD) on dialysis.
  • Xphozah (tenapanor) is an investigational phosphate absorption inhibitor.
  • The Company received the letter in July last year.
  • The OND noted that additional input from the Cardiovascular and Renal Drug Advisory Committee in general, and specifically from experts, would be valuable in further considering the clinical meaningfulness of the phosphate lowering effect observed in Ardelyx's phase 3 clinical program for Xphozah.
  • Also See: Citi, Ladenburg React Positively On Ardelyx's IBS-C Treatment Launch Plans.
  • Accordingly, the OND intends to direct the Division of Cardiology and Nephrology to bring the Xphozah marketing application to the Cardiovascular and Renal Drugs Advisory Committee.
  • It expects to respond to Ardelyx's appeal within 30 days after the conclusion of the Advisory Committee meeting.
  • Price Action: ARDX shares are up 31.80% at $0.99 during the market session on the last check Monday.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.