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