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'Game-Changer' For Ardelyx As Tenapanor Phase III Is A Hit In IBS-C

 
• By Alexandra Shimmings

Positive data for its irritable bowel syndrome therapy put Ardelyx in a better position for partnering and set it up for a filing next year.

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Ardelyx knocks Tenapanor out of the park • Source: Shutterstock

Strong data in a second Phase III study of Ardelyx Inc.'s investigational treatment for constipation-predominant irritable bowel syndrome (IBS-C), tenapanor, have put the product back on track, and could prove to be transformational for the company. Shares in the firm were up by more than 48% on NASDAQ on the data, restoring some of the value lost back in May when the first Phase III study T3MPO-1 results underwhelmed investors.

Ardelyx's next steps are to seal licensing deal for the product ahead of a planned NDA filing in the second...

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