First regulatory filing for vadadustat boosts Akebia Therapeutics
Shares in Akebia Therapeutics (Nasdaq: AKBA) finished the day around 6% up on Tuesday, after the firm announced the first ever filing for vadadustat, an investigational oral treatment for anemia due to chronic kidney disease (CKD).
The filing was made in Japan by co-development partner Mitsubishi Tanabe Pharma (TYO: 4508). The firms agreed to work together on the candidate in 2015.
The submission is supported by positive top-line data from Mitsubishi Tanabe’s two Phase III studies in Japanese subjects with anemia due to CKD.
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