Kidney disease specialist Akebia Therapeutics (Nasdaq: AKBA) saw its shares lifted over 6% on Monday, following a European approval for Vafseo (vadadustat).
The Massachusetts-based company has developed the oral hypoxia-inducible factor prolyl hydroxylase (HIF-PH) blocker for the treatment of certain adults with symptomatic anemia associated with chronic kidney disease (CKD).
To be eligible for treatment, patients must already be on chronic maintenance dialysis.
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