Welcome to our dedicated page for Akebia Therapeut news (Ticker: AKBA), a resource for investors and traders seeking the latest updates and insights on Akebia Therapeut stock.
Akebia Therapeutics, Inc. (AKBA) is a biopharmaceutical leader developing innovative therapies for kidney disease, including FDA-approved Auryxia® and investigational oral HIF inhibitor Vafseo™. This page provides authorized updates on clinical developments, regulatory milestones, and strategic initiatives shaping renal care.
Access Akebia's official press releases covering phase 3 trial results, regulatory submissions, and commercial partnerships with dialysis providers. Investors will find timely updates on financial performance, including earnings calls and SEC filings related to anemia treatment innovations.
Our curated news collection helps stakeholders track progress in HIF biology applications and chronic kidney disease management. Bookmark this page for verified updates on product approvals, research collaborations, and market expansion strategies directly from Akebia Therapeutics.
Akebia Therapeutics (Nasdaq: AKBA) announced its participation in the virtual National Kidney Foundation 2021 Spring Clinical Meetings from April 6-10, 2021. The company will present new data including a poster on a Phase 1 study regarding the drug vadadustat, an investigational treatment for anemia due to chronic kidney disease (CKD). Vadadustat's global Phase 3 program is complete, although it is only approved in Japan. Akebia will also support an educational session on CKD-related anemia treatments.
Akebia Therapeutics (Nasdaq: AKBA) announced that its partner, Japan Tobacco Inc. (JT), received approval from the Pharmaceuticals and Medical Devices Agency (PMDA) for Riona® Tablets (ferric citrate hydrate) to treat iron deficiency anemia (IDA) in adult patients in Japan. This approval follows the original marketing authorization obtained in 2014 for the treatment of hyperphosphatemia in chronic kidney disease (CKD) patients. Akebia's Auryxia® has similar indications in the U.S.
On February 26, 2021, Akebia Therapeutics (Nasdaq: AKBA) granted stock options to five new employees totaling 44,000 shares as part of their employment incentives. The options were priced at $3.46 per share, matching the closing stock price on the grant date. These options will vest over four years, with 25% becoming available on the first anniversary and the remainder vesting quarterly, contingent upon continued employment. This move aligns with Nasdaq Listing Rule 5635(c)(4) and reflects Akebia's commitment to attracting talent in the biopharmaceutical sector.
Akebia Therapeutics (Nasdaq: AKBA), a biopharmaceutical company focused on kidney disease, announced CEO John P. Butler will participate in a fireside chat at the H.C. Wainwright Global Life Sciences Conference on March 9-10, 2021. This virtual event will provide insights about the company’s mission and ongoing developments. A recorded version of the presentation will be available on the company’s investor website starting March 9. Akebia, founded in 2007 and based in Cambridge, Massachusetts, aims to improve the lives of those affected by kidney disease.
Akebia Therapeutics (Nasdaq: AKBA) reported its Q4 and full-year 2020 financial results, showing total revenue of $56.7 million for Q4, a decrease from $69.6 million in Q4 2019; full-year revenue was $295.3 million, down from $335.0 million. The decline was attributed to lower collaboration revenue of $22.1 million for Q4. Akebia announced a $60 million royalty monetization transaction with HCR and aims to submit a New Drug Application for vadadustat by mid-second quarter 2021. The company's cash position was $268.7 million at year-end, expected to support operations beyond the anticipated U.S. launch of vadadustat.
Akebia Therapeutics has appointed LeAnne M. Zumwalt to its Board of Directors, effective February 16, 2021. Zumwalt brings over 20 years of leadership experience from DaVita Inc., a major provider in the dialysis sector. Her expertise in the U.S. dialysis market is expected to aid Akebia as it prepares for the potential launch of vadadustat, a drug aimed at improving kidney patient care. The company also announced that Maxine Gowen, Ph.D., will resign from the Board on June 6, 2021.
Akebia Therapeutics, Inc. (Nasdaq: AKBA) announced plans to release its financial results for Q4 and full-year 2020 on February 25, 2021, prior to market opening. A conference call is scheduled at 9:00 a.m. ET the same day to discuss these results and business highlights. Investors can access the call by phone or via the company’s website. A replay will be available shortly after the call until March 3, 2021. The firm is dedicated to improving the lives of individuals with kidney disease and was founded in 2007, headquartered in Cambridge, Massachusetts.
On February 2, 2021, Akebia Therapeutics (Nasdaq: AKBA) announced the issuance of stock options to 19 newly hired employees. A total of 161,000 shares will be available at an exercise price of $3.24 per share, matching the stock's closing price on the grant date of January 29, 2021. The options will vest over four years, with 25% vesting after one year and the remainder quarterly, contingent upon continued employment. This grant is part of Akebia's compliance with Nasdaq Listing Rule 5635(c)(4).
Akebia Therapeutics (Nasdaq: AKBA) announced its participation in the virtual H.C. Wainwright Bioconnect 2021 Conference from January 11-14, 2021. CEO John P. Butler will partake in a fireside chat during the event. Investors can access the recorded presentation starting January 11 on the company's website. Akebia is focused on developing therapeutics for kidney disease, striving to improve the lives of affected individuals. Founded in 2007 and headquartered in Cambridge, Massachusetts, Akebia emphasizes its commitment to kidney health.
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