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Akebia Therapeutics Inc. - AKBA STOCK NEWS

Welcome to our dedicated news page for Akebia Therapeutics (Ticker: AKBA), a resource for investors and traders seeking the latest updates and insights on Akebia Therapeutics.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Akebia Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Akebia Therapeutics's position in the market.

Rhea-AI Summary
Akebia Therapeutics receives approval for Vafseo in Australia for the treatment of anemia in CKD patients on dialysis. Vadadustat achieved primary and secondary efficacy endpoints in clinical trials. Akebia plans to resubmit new drug application for vadadustat in the US. Akebia appoints Graham Ray as VP to lead customer engagement. Auryxia net product revenue guidance slightly lowered to $170-$175 million for 2023.
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End-of-Day
3.54%
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Rhea-AI Summary
Akebia Therapeutics, Inc. (Nasdaq: AKBA) will present at the H.C. Wainwright 25th Annual Global Investment Conference on September 11, 2023. The conference will be held in New York from September 11-13, 2023. The webcast of the presentation can be accessed through Akebia's website, with a replay available for approximately 90 days.
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Rhea-AI Sentiment
End-of-Day
2.46%
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conferences
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Rhea-AI Summary
Akebia Therapeutics grants options to newly-hired employees as inducements
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2.46%
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Rhea-AI Summary
Akebia reports Q2 2023 net product revenue of $42.2 million for Auryxia and reaffirms 2023 revenue guidance of $175.0-$180.0 million. Plans to resubmit NDA for vadadustat in Q3 2023. Akebia gains approval for vadadustat in 33 additional countries. Akebia enters exclusive license agreement with Medice. Net loss of $11.2 million for Q2 2023. Cash position of $53.6 million as of June 30, 2023. Akebia identifies accounting errors and material weakness in internal controls.
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End-of-Day
-8%
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Rhea-AI Summary
Akebia expects to resubmit NDA for vadadustat by Q3 2023, received productive meeting minutes with FDA
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End-of-Day
-3.1%
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Rhea-AI Summary
Akebia to release Q2 financial results on August 25th and host conference call at 9:00 a.m. ET
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.1%
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conferences earnings
Rhea-AI Summary
Akebia Therapeutics, Inc. received a notice of non-compliance from Nasdaq for not timely filing its Form 10-Q. The company plans to release its financial results for Q2 2023 by August 25, 2023, and expects to regain compliance upon filing.
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Rhea-AI Summary
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-14.29%
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Rhea-AI Summary
Akebia Therapeutics, Inc. granted its new Senior Vice President, Chief Financial Officer, and Treasurer, Ellen Snow, options to purchase 560,000 shares of the company's common stock at an exercise price of $1.67 per share. The options vest over four years, with 25% of the shares vesting on the first anniversary of the grant date and the remaining 75% vesting quarterly thereafter, subject to Ms. Snow's continued service with Akebia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.98%
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Rhea-AI Summary
Akebia Therapeutics, Inc. (Nasdaq: AKBA) announced that CEO John Butler will participate in a fireside chat at the H.C. Wainwright 2nd Annual Kidney Conference to discuss recent regulatory updates regarding vadadustat, Akebia's oral hypoxia-inducible factor prolyl hydroxylase inhibitor for the treatment of anemia due to chronic kidney disease in adult patients on dialysis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.98%
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conferences
Akebia Therapeutics Inc.

Nasdaq:AKBA

AKBA Rankings

AKBA Stock Data

293.12M
188.22M
2.47%
26.27%
6.4%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
US
Cambridge

About AKBA

akebia therapeutics, inc. is a biopharmaceutical company headquartered in cambridge, massachusetts, focused on delivering innovative therapies to patients with kidney disease through hypoxia-inducible factor (hif) biology. akebia’s lead product candidate, vadadustat, is an investigational oral therapy in development for the treatment of anemia related to chronic kidney disease in both non-dialysis and dialysis patients. akebia’s global phase 3 program for vadadustat, which includes the pro2tect studies for non-dialysis patients with anemia associated with chronic kidney disease and the inno2vate studies for dialysis-dependent patients, is currently ongoing. for more information, please visit our website at www.akebia.com.