Akebia Holds Development Reins In Anemia While Otsuka Jumps On Vadadustat Sleigh

Co-development deal worth $265m in near-term cash will allow Akebia to tap into Otsuka's established kidney disease infrastructure, while holding the reins on key aspects of commercialization.

Akebia Therapeutics Inc.stresses that it will be holding the reins on important aspects of developing vadadustat for anemia in patients with chronic kidney disease (CKD) – including pricing and reimbursement – after shifting course on its US plans in order to bring Otsuka Pharmaceutical Co. Ltd.on board in a 50-50 deal.

Otsuka committed at least $265m to partner with Akebia, including upfront fees and development capital, in a co-development and commercialization deal for vadadustat, a once-daily, oral hypoxia-inducible factor prolyl hydroxylase (HIF-PH) stabilizer in Phase IIII for CKD-related anemia – a condition that affects some 1.8m people in the US. The agreement announced on Dec

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