Ardelyx

United States
Clintonville, Wisconsin, United States, 94555

Company profile

Ardelyx company profile

Ardelyx develops novel, first-in-class oral therapeutics to correct mineral metabolism and metabolic disorders. The Company's molecules, whose systemic exposure is severely restricted, target transporters and receptors, modulating the uptake of nutrients or inducing secretion of key hormones to produce a therapeutic benefit in patients. The Company's non-systemic products act from within the intestines to avoid potential side effects that could occur with systemic exposure. The Company's lead product, RDX5791, a minimally-absorbed, orally administered NHE3 sodium transport inhibitor, is being developed both for constipation-predominant irritable bowel syndrome (IBS-C) and for prevention of excess dietary sodium absorption, a new treatment modality for high blood pressure. RDX5791 is in phase 2 for IBS-C and a dose-ranging/regimen study for inhibition of excess dietary sodium absorption. Ardelyx is also developing RDX002, a minimally-absorbed, orally administered NaP2b phosphate transport inhibitor for the inhibition of phosphate absorption in patients with chronic kidney disease, and RDX009, a minimally-absorbed, orally administered TGR5 agonist for the treatment of type 2 diabetes through direct induction of intestinal incretins such as GLP-1 and PYY. Both RDX002 and RDX009 are in preclinical development. To date, Ardelyx has raised $56M in venture and angel funding since it was founded in 2007. Ardelyx is located in Fremont, California.

Business identity

Contact email
[email protected]
Phone number
510) 745-1700
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$10M-$100M
Founded
2007-01-01, Year

Headquarters

Postal code
94555
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
IPO
Funding rounds
10
Total equity funding
$455.2M
Last funding
Post IPO Debt / $20M / 2022-06-30
Last equity funding
Post IPO Equity / $125M
Investors
18
Lead investors
5
Founders
2
Articles
334
Exited on
2014-06-20

Founders and investors

Founders

Dominique CharmotPeter G. Schultz

Lead investors

Amgen VenturesCMEA CapitalHealthCare Royalty PartnersNew Enterprise AssociatesSLR Capital Partners

Investors

Cormorant Asset ManagementForesite CapitalNew Enterprise AssociatesPerceptive AdvisorsRA Capital Management