Akebia Therapeutics (AKBA) Misses Q3 EPS by 3c

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Akebia Secures $100 Million Non-Dilutive Term Loan Financing; Reports Third Quarter 2019 Financial Results

November 12, 2019 7:57 AM EST

Funding expected to extend Companys cash runway into 2021, well past its expected topline data readouts for global Phase 3 studies for vadadustat; MTPCs positive Phase 3 data show vadadustats effect on hemoglobin was sustained through to 52 weeks; Auryxia ® (ferric citrate) revenue increases to $30.0 million for Q3FY19, up 13% from Q3FY18; and, Company hosts call to discuss financial results and recent business highlights

CAMBRIDGE, Mass.--(BUSINESS... More