Ardelyx Announces $20 Million Financing Agreement With Healthcare Royalty Partners
Round Type
Debt Financing
WalthamBiotechnologyDescription
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 company may receive up to $20 million from HealthCare Royalty Partners (HealthCare Royalty) from the sale of its future royalties and sales milestones from Kyowa Kirin Co., Ltd (Kyowa Kirin), its collaboration partner in Japan for the commercialization of tenapanor for hyperphosphatemia.
Quick answer
Ardelyx raised an undisclosed amount in a Debt Financing round, dated June 30, 2022. Ardelyx is based in Waltham, Massachusetts, United States.
- How much did Ardelyx raise?
- Ardelyx raised an undisclosed amount in a Debt Financing round on June 30, 2022.
- Where is Ardelyx based and how big is it?
- Ardelyx is based in Waltham, Massachusetts, United States. Fundz records about 454 employees.
- Who are the decision-makers at Ardelyx?
- Fundz holds 1 contact at Ardelyx. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Biotechnology around the same time
Companies in the same sectors as Ardelyx that raised within 45 days of this round, from Fundz verified event records.
- QurAlis raised $5M on August 12, 2022.
- Tetra Bio-Pharma Inc. raised $6M (Funding Round) on August 12, 2022.
- DMC Biotechnologies raised $67K (Pre-Seed) on August 11, 2022.
- Levita Magnetics International Corp. raised $26M (Funding Round) on August 11, 2022.
- FundamentalVR raised $20M (Funding Round) on August 11, 2022.
- MolecuLight raised an undisclosed amount (Funding Round) on August 11, 2022.
Who to call at Ardelyx, and when
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- An alert the day Ardelyx raises, hires an executive or expands, scored against what you sell
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Related People
Ardelyx raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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