Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (08HH.SG)

Ardelyx Announces Acceptance of New Drug Application for Tenapanor for Hyperphosphatemia in China

Acceptance of NDA Submission triggers as $2 million milestone payment to Ardelyx by Fosun PharmaWALTHAM, Mass., July 13, 2023 (GLOBE NEWSWIRE) -- 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 a New Drug Application (NDA) for tenapanor has been accepted for review by China’s Center for Drug Evaluation of the National Medical