What Akebia Therapeutics (AKBA) Said on Its Q3 Earnings Call
Akebia Therapeutics (AKBA) reported Q3 revenue of $36.9M, down from $58.8M YoY, with a net loss of $14.4M. The company expects Vafseo therapy costs to range between $1,000-$1,500 annually post-TDAPA. AKBA is negotiating contracts and aims for Vafseo to become a standard of care, potentially treating 200,000-250,000 patients. Clinical trials showed Vafseo's active ingredient, vadadustat, reduced hospitalizations by 10% compared to ESAs.

