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TCDA - TCDA STOCK NEWS

Welcome to our dedicated page for TCDA news (Ticker: TCDA), a resource for investors and traders seeking the latest updates and insights on TCDA stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TCDA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TCDA's position in the market.

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Tricida, Inc. (Nasdaq: TCDA) will report its first quarter 2022 financial results on May 10, 2022, after market close. A conference call and webcast to discuss the results and business progress will be held at 4:30 pm Eastern Time. The company is focused on developing veverimer, aimed at slowing CKD progression in patients with metabolic acidosis. Currently, no FDA-approved therapies exist for this condition, affecting approximately 4.3 million patients in the U.S. Interested parties can access the call via their investor relations webpage.

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Tricida, Inc. (Nasdaq: TCDA) will present at the 21st Annual Needham Virtual Healthcare Conference on April 11, 2022, at 10:30 AM PT. The presentation will include a company overview and updates on key initiatives. A live webcast will be available on the Tricida website, with an archive accessible for 90 days post-presentation.

Tricida specializes in developing veverimer, an investigational drug aimed at slowing chronic kidney disease (CKD) progression in patients with metabolic acidosis. Currently, there are no FDA-approved therapies for this condition affecting approximately 4.3 million CKD patients in the U.S.

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Tricida, Inc. (TCDA) announced its financial results for Q4 and the full year of 2021. The company reported a net loss of $50 million for Q4 2021 with a decreased net loss per share of $0.92 compared to $1.09 in Q4 2020. Total net loss for 2021 was $176.6 million. Research & development expenses increased to $36.8 million in Q4 2021, while general & administrative expenses decreased to $9.1 million. The VALOR-CKD trial has completed patient enrollment and is expected to report top-line results in Q4 2022, with sufficient financial resources into Q2 2023.

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Tricida, Inc. (Nasdaq: TCDA) will report its fourth quarter and year-end 2021 financial results after the market closes on March 29, 2022. A conference call will be hosted at 4:30 PM Eastern Time to discuss these results and business progress, with access via a dedicated webcast and dial-in options. The company is focused on its investigational drug candidate, veverimer, aimed at slowing chronic kidney disease progression in patients with metabolic acidosis. Currently, there are no FDA-approved therapies for this condition, impacting around three million patients in the U.S.

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Tricida, Inc. (TCDA) announced a delay in the expected top-line results from the VALOR-CKD trial due to ongoing disruptions in Ukraine, where 15% of participants are located. Originally slated for Q3 2022, the results are now anticipated in early Q4 2022. The company emphasizes that this delay is necessary to ensure reliable data collection amid the ongoing crisis. As of March 1, 2022, the trial has recorded 197 primary endpoint events, averaging 23 months of treatment. Tricida expects its financial resources to last approximately six months after the top-line results are announced.

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Tricida, a pharmaceutical company focused on chronic kidney disease (CKD), will participate in the Kidney Disease / Fibrosis panel at the Cowen 42nd Annual Health Care Conference. The discussion is scheduled for March 9, 2022, at 11:10 am PT / 2:10 pm ET. The company is developing veverimer, a non-absorbed polymer aimed at slowing CKD progression. Currently, there are no FDA-approved therapies for metabolic acidosis in CKD patients, affecting approximately three million people in the U.S. A live webcast of the panel will be available on Tricida's website.

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Toragen Inc., based in San Diego, has announced the appointment of Dr. Sandra Coufal as its new CEO, bringing over 30 years of experience in medicine and biotechnology. Dr. Coufal's previous roles include co-founding Sibling Capital and serving on the Management Board of Tricida, Inc. (NASDAQ: TCDA). As the company prepares to submit an Investigational New Drug application to the FDA for its first clinical trial targeting cancers associated with human papillomavirus (HPV), Dr. Coufal aims to enhance drug selectivity and patient tolerance compared to traditional therapies.

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Tricida, Inc. (Nasdaq: TCDA) will present at the 40th Annual J.P. Morgan Healthcare Conference on January 13, 2022, at 7:30 am PT. Gerrit Klaerner, Ph.D., will provide a business update and overview. A live webcast will be available on the Tricida website and archived for 30 days. Additionally, Tricida will present at the H.C. Wainwright BIOCONNECT Virtual Conference on January 10, 2022, at 4:00 am PT, with a recording accessible for 90 days. The company focuses on developing veverimer, a treatment for chronic kidney disease (CKD) progression.

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Tricida, Inc. (Nasdaq: TCDA) will present at the 40th Annual J.P. Morgan Healthcare Conference on January 13, 2022, at 10:30 am PT. Gerrit Klaerner, Ph.D., President and CEO, will discuss the company's overview, business updates, and key initiatives. The presentation will be available via a live webcast on the Tricida website, with an archive accessible for 30 days post-event.

Tricida focuses on developing veverimer, a drug aimed at slowing chronic kidney disease (CKD) progression. This condition affects approximately three million patients in the U.S., with no current FDA-approved therapies targeting metabolic acidosis in CKD.

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Tricida, Inc. (TCDA) has secured approximately $42 million in gross proceeds through a registered direct equity financing. Led by Deep Track Capital, the financing includes the sale of 4,666,667 shares at $6.00 per share, pre-funded warrants for 2,333,333 shares, and common warrants for 7 million shares. The financing is expected to close on November 15, 2021. Net proceeds will fund corporate operations, including the VALOR-CKD trial, and extend financial resources into Q1 2023. Key milestones are anticipated for the trial in mid-2022.

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FAQ

What is the market cap of TCDA (TCDA)?

The market cap of TCDA (TCDA) is approximately 6.3M.

TCDA

Nasdaq:TCDA

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TCDA Stock Data

6.27M
Pharmaceutical Preparation Manufacturing
Manufacturing
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US
South San Francisco