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INDUSTRY FIRST

Ardelyx, Inc. announced it raised $77.8 Million in an initial filing from an offering of $108 Million

Jun 22, 2015about 10 years ago

Amount Raised

$77.8 Million

WalthamBiotechnology

Company Information

Company

Ardelyx

Location

Waltham, Massachusetts, United States

About

Ardelyx was founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA® (tenapanor) and XPHOZAH® (tenapanor). Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin commercializes PHOZEVEL® (tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been approved in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada.

FundzWatch™ Score

71
Medium Activity

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