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Ardelyx Announces FDA Advisory Committee Meeting to Review XPHOZAH® NDA Tentatively Scheduled for November 16, 2022

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Ardelyx, Inc. (Nasdaq: ARDX) announced that the FDA has scheduled a meeting of the Cardiovascular and Renal Drugs Advisory Committee on November 16, 2022. This meeting will review the New Drug Application (NDA) for XPHOZAH, which aims to control serum phosphorus in adult patients with chronic kidney disease on dialysis. The FDA highlighted the need for expert input regarding the phosphate-lowering effect observed in Ardelyx's Phase 3 trials. A formal response to Ardelyx's appeal is expected within 30 days post-meeting.

Positive
  • FDA scheduling a meeting for the NDA review indicates progress in the approval process.
  • XPHOZAH has completed three successful Phase 3 trials.
Negative
  • Ongoing regulatory uncertainties may delay the approval of XPHOZAH.
  • The need for additional input from experts may prolong the review timeline.

WALTHAM, Mass. , June 21, 2022 /PRNewswire/ -- Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs, today announced that the U.S. Food and Drug Administration (FDA) has informed the company that a meeting of the Cardiovascular and Renal Drugs Advisory Committee (Advisory Committee) is tentatively scheduled for November 16, 2022. The Advisory Committee will discuss the company's New Drug Application (NDA) for XPHOZAH for the control of serum phosphorus in adult patients with chronic kidney disease (CKD) on dialysis.

As part of its response to Ardelyx's appeal of the Complete Response Letter received on July 28, 2021, the FDA's Office of New Drugs (OND) stated that additional input from an Advisory Committee, including the addition of input from expert clinicians who care for patients on dialysis, would be valuable in further considering the clinical meaningfulness of the phosphate lowering effect observed in Ardelyx's Phase 3 clinical program in order to reach a decision on the company's formal dispute resolution request. A response from the OND to Ardelyx's appeal is expected within thirty calendar days after the conclusion of the Advisory Committee meeting.

About XPHOZAH (tenapanor) for Hyperphosphatemia

XPHOZAH (tenapanor), discovered and developed by Ardelyx, in an investigational first-in-class phosphate absorption inhibitor (PAI). XPHOZAH, with its unique blocking mechanism of action, acts locally in the gut to inhibit the sodium hydrogen exchanger 3 (NHE3), reducing phosphate absorption through the paracellular pathway, the primary pathway of phosphate absorption. This novel blocking mechanism enables a one 30 mg tablet BID dosing regimen. The most common side effect with tenapanor in clinical trials was diarrhea.

About Ardelyx, Inc.

Ardelyx was founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs. Ardelyx's first approved product, IBSRELA® (tenapanor) is available in the United States. Ardelyx is developing XPHOZAH® (tenapanor), a novel product candidate to control serum phosphorus in adult patients with CKD on dialysis, which has completed three successful Phase 3 trials. Ardelyx has a Phase 2 potassium secretagogue program, RDX013, for the potential treatment of elevated serum potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease and an early-stage program in metabolic acidosis, a serious electrolyte disorder in patients with CKD. Ardelyx has established agreements with Kyowa Kirin in Japan, Fosun Pharma in China and Knight Therapeutics in Canada for the development and commercialization of tenapanor in their respective territories.

Forward Looking Statements

To the extent that statements contained in this press release are not descriptions of historical facts regarding Ardelyx, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor of the Private Securities Reform Act of 1995, including Ardelyx's current expectation regarding the timing of the Advisory Committee meeting to consider the NDA for XPHOZAH, and Ardelyx's expectations regarding the timing of a response to its appeal following the conclusion of the Advisory Committee meeting. Such forward-looking statements involve substantial risks and uncertainties that could cause Ardelyx's future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, uncertainties associated with the regulatory approval process. Ardelyx undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Ardelyx's business in general, please refer to Ardelyx's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 5, 2022, and its future current and periodic reports to be filed with the Securities and Exchange Commission.

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SOURCE Ardelyx

FAQ

What is the purpose of the FDA meeting for Ardelyx on November 16, 2022?

The meeting will discuss the NDA for XPHOZAH, aimed at controlling serum phosphorus in patients with chronic kidney disease.

What is XPHOZAH and its significance to Ardelyx?

XPHOZAH is an investigational phosphate absorption inhibitor for managing hyperphosphatemia in CKD patients, crucial for Ardelyx's portfolio.

What are the outcomes expected after the FDA advisory committee meeting?

A formal response to Ardelyx's appeal regarding the NDA for XPHOZAH is expected within 30 days of the meeting.

How many Phase 3 trials has XPHOZAH completed?

XPHOZAH has completed three successful Phase 3 trials.

What does the Complete Response Letter from July 28, 2021, imply for Ardelyx?

It indicates that Ardelyx's initial NDA for XPHOZAH was not approved, necessitating further review and input from the advisory committee.

Ardelyx, Inc.

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