After a rocky IPO start, Relypsa Inc. shares climbed to hit almost $30 on Jan. 14, close to a 52-week high and up steeply from the $11 IPO price in November 2013. A one-day stock climb of 9% followed a data update from the company at J.P. Morgan. It now has a market cap of almost $860 million.
At the conference, the company updated Phase III data for its patiromer to treat hyperkalemia. In the maintenance portion of...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Pink Sheet for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?