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. develops and commercializes therapeutics for people impacted by kidney disease. Company news commonly covers Vafseo® (vadadustat), an oral HIF-PH inhibitor indicated for anemia due to chronic kidney disease in adults receiving dialysis, and Auryxia® (ferric citrate), a U.S.-marketed therapy for chronic kidney disease-related conditions.
Recurring updates also address product revenue, dialysis-market access, clinical data publications, and kidney disease pipeline programs, including praliciguat in focal segmental glomerulosclerosis, AKB-097 in rare kidney diseases, and AKB-9090 for cardiac surgery-associated acute kidney injury. Akebia also reports Nasdaq inducement grants, board changes, investor presentations, and quarterly financial results.
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Akebia Therapeutics (AKBA) has received marketing authorization from the European Commission for Vafseo™ (vadadustat), an oral treatment for symptomatic anaemia associated with chronic kidney disease (CKD) in adults on dialysis. This approval, effective across all 27 EU member states along with Iceland, Norway, and Liechtenstein, is a significant milestone for Akebia and aims to assist over 200,000 dialysis patients in Europe. Vafseo is available in 150 mg, 300 mg, and 450 mg film-coated tablets, providing an alternative treatment option. The approval follows a favorable opinion from the European Medicines Agency in February 2023 and is based on a robust clinical program involving over 7,500 patients. Akebia plans to partner with a European entity to expedite the drug's availability to patients in need.
Akebia Therapeutics, a biopharmaceutical company focused on kidney disease, announced a stockholder information session on April 21, 2023, at 8:00 a.m. ET. The meeting aims to discuss a proposed reverse stock split to comply with Nasdaq's minimum bid price rule and avoid delisting. A special meeting on May 4, 2023, will allow stockholders to vote on this proposal. Stockholders are encouraged to submit questions by April 19 and can register for the webcast on Akebia's website. They can also vote online, by phone, or by mail, with instructions provided in the revised proxy materials sent on March 17, 2023. Participation is critical for stockholders, as the board recommends voting 'FOR' the proposals to ensure compliance and enhance company stability.