ARDELYX, INC. (NASDAQ:ARDX) Files An 8-K Other Events
Item 8.01 Other Events.

On March 21, 2017, Ardelyx, Inc. (the “Company”) updated its progress and projections with respect to certain of its programs and ongoing clinical trials as follows: (i) the Company achieved full enrollment of over 600 patients for one of its pivotal Phase 3 clinical trials in the United States evaluating tenapanor in IBS-C patients (T3MPO-2), and expects to announce T3MPO-2’s results during the second half of 2017; (ii) the Company achieved full enrollment of over 300 patients for its open-label, long-term safety study in which patients receive tenapanor for up to one year (T3MPO-3); (iii) the Company expects to announce results from one of its pivotal Phase 3 clinical trials in the United States evaluating tenapanor in IBS-C patients (T3MPO-1) during the second quarter of 2017; and (iv) the Company expects to have data from the onset-of-action clinical trial of RDX7675 for hyperkalemia in the third quarter of 2017.

About ARDELYX, INC. (NASDAQ:ARDX)

Ardelyx, Inc. is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of minimally systemic therapeutic drugs that work in the gastrointestinal (GI) tract to treat GI and cardio-renal diseases. The Company operates through research, development and commercialization of biopharmaceutical products segment. It has discovered and designed its lead product candidate, tenapanor, which is a minimally systemic small molecule that acts locally in the GI tract to inhibit the sodium transporter sodium-hydrogen exchanger 3 (NHE3) and reduce sodium and phosphorus uptake from the gut. It is evaluating tenapanor in over two pivotal Phase III clinical studies in patients with constipation-predominant irritable bowel syndrome (IBS-C). It is developing RDX022 for the treatment of hyperkalemia. RDX022 is its oral, non-absorbed potassium-binder. Its development programs also include RDX009 Program, RDX013 Program and RDX011 Program.

ARDELYX, INC. (NASDAQ:ARDX) Recent Trading Information

ARDELYX, INC. (NASDAQ:ARDX) closed its last trading session down -1.45 at 13.30 with 144,822 shares trading hands.