Why Akebia Therapeutics’ Stock is Outperforming
May 16, 2017
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AKEBIA THERAPEUTICS? Akebia Therapeutics (AKBA) whose stock trades on the NASDAQ is outperforming. The firm’s drug vadadustat — an oral hypoxia-inducible factor (HIF) stabilizer in Phase 3 trial for anemia associated with chronic kidney disease (CKD) is attracting attention, which led to a lucrative agreement. The enthusiasm towards this firm’s product vadadustat stems from the fact that it is an orally administered drug, which makes …