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Phase III Data Back Keryx's Plan To Expand Auryxia Market

 
• By Mandy Jackson

Keryx Biopharmaceuticals Inc. had a rough first year of sales for its oral, iron-based phosphate binder Auryxia (ferric citrate), but the company and it investors have high hopes that new Phase III data will support approval for a second indication that could double the drug's market.

Keryx Biopharmaceuticals Inc. had a rough first year of sales for its oral, iron-based phosphate binder Auryxia (ferric citrate), but the company and it investors have high hopes that new Phase III data will support approval for a second indication that could double the drug's market.

Boston-based Keryx rose 8.6% to close at $4.94 per share on March 29 after the company reported that 52% of...

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