{"filings":[{"id":93338,"accession_number":"0001517022-26-000038","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia posts Q1 net loss of $9.1M; Vafseo revenue rises to $15.8M, patients up 60%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $9.1M in Q1 2026 vs net income of $6.1M in Q1 2025; total revenues $53.5M, down from $57.3M.","Vafseo net product revenue $15.8M (+31% YoY); patients on Vafseo increased 60% vs Q4 2025; prescribers up 28%.","Auryxia net revenue $36.2M, down from $43.8M, with generic competition expected to expand in 2026.","Cash $162.6M at March 31, 2026; company expects sufficient cash to fund operations for at least two years.","Pipeline: praliciguat Phase 2 FSGS enrolling; AKB-097 basket study planned H2 2026; AKB-9090 Phase 1 initiated."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":53544000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93337,"accession_number":"0001517022-26-000024","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2026-04-01T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Akebia appoints Philip Vickers to board, replacing retiring Steven Gilman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steven Gilman resigned as Class I director effective April 1, 2026; retirement not due to any disagreement.","Philip Vickers elected Class I director effective April 1, 2026; term expires at 2027 annual meeting.","Vickers appointed to Compensation and R&D Committees; receives standard non-employee director compensation.","Vickers granted 214,400 options at $1.41/share on April 1, plus annual cash retainers of $50,000.","Vickers is CEO of Solu Therapeutics; over 30 years biopharma leadership including Shire and Pfizer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104883,"accession_number":"0001517022-26-000019","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q4 net product revenue $54.3M, full-year 2025 up 49% YoY; Vafseo launch gains traction","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total revenue $57.6M (FY2025 $236.2M); net loss narrowed to $12.2M Q4 and $5.3M full year.","Vafseo net product revenue $6.2M Q4, $45.8M full year 2025; 800 prescribers, 91% adherence with observed dosing.","Auryxia net rev $181.5M FY2025; generic competition expected to reduce 2026 Auryxia revenue.","Cash $184.8M vs $51.9M year-end 2024; sufficient for at least two years.","Pipeline: praliciguat Phase 2 FSGS started; AKB-097 basket study in 2H 2026; AKB-9090 Phase 1 in 1H 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":236196000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104882,"accession_number":"0001517022-26-000008","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["1.01","2.03","5.02","9.01"],"status":"ready","headline":"Akebia leases 43,474 sq ft in Waltham for HQ; amends CEO/CFO severance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Leases 28,518 sq ft office + 14,956 sq ft lab at 180 Third Ave, Waltham, MA; HQ relocation planned for Sept 2026.","Annual office rent starts at $898,317, lab rent at $1,046,920; initial 84-month term with 5-year renewal option.","Security deposit of $810,515 in irrevocable letter of credit; landlord pays all work costs.","CEO John Butler severance: 12 months salary (non-CIC) or 24 months salary + 200% bonus (CIC); full equity vest on CIC.","CFO Erik Ostrowski severance: 12 months salary (non-CIC) or 12 months salary + 100% bonus (CIC); full vest of pre-2026 grants on CIC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104881,"accession_number":"0001517022-26-000003","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2026-01-12T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Akebia expects Q4 2025 Vafseo net revenue $5-6M; dosed first patient in praliciguat Phase 2","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Vafseo Q4 net product revenue expected $5-6M (vs. underlying dosing demand $10.5-11.5M) due to $4.5-5M inventory adjustment at USRC.","Total Q4 prescribers ~785 (+8% QoQ); at least 25% of new patients from non-USRC centers (up from <10% Q3).","First patient dosed in praliciguat Phase 2 trial for FSGS; AKB-097 basket study starts H2 2026.","VOICE Phase IV fully enrolled (2,100+ patients); topline early 2027; VOCAL trial data expected Q4 2026.","Revenue growth expected to resume Q1 2026; broad prescribing access to ~275,000 dialysis patients."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121142,"accession_number":"0001517022-25-000051","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-12-01T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Akebia buys ADX-097 from Q32 Bio for $10M upfront (total up to $582M milestones); plans Phase 2 trials in 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Upfront $7M paid at closing, additional $3M due in 6 months; development milestones up to $94.5M and commercial milestones up to $487.5M, plus tiered royalties from low single to mid-teen %.","AKB-097 is a tissue-targeted C3d-Factor H fusion protein complement inhibitor; Phase 2 basket trial in multiple rare kidney diseases planned to start treating subjects in 2026.","Praliciguat (sGC stimulator) Phase 2 trial initiated in FSGS; additional rare podocytopathy indications planned.","Existing cash resources plus cash from operations expected to fund current operating plan for at least 2 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121141,"accession_number":"0001517022-25-000048","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-11-17T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Akebia amends Medice license to supply vadadustat and grant manufacturing rights","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment #1 to License Agreement signed Nov 12, 2025 with MEDICE Arzneimittel Putter GmbH & Co. KG.","Akebia agrees to supply vadadustat drug substance under a concurrent supply agreement.","Medice granted right to manufacture Vafseo tablets using supplied drug substance.","Any know-how or patent rights from Medice's manufacturing owned by Akebia."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121140,"accession_number":"0001517022-25-000045","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q3 net income $0.5M; Vafseo revenue $14.3M; DaVita pilot ongoing","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 total revenue $58.8M (up 57% YoY vs $37.4M); net income $0.5M vs net loss $20.0M in Q3 2024.","Vafseo net product revenue $14.3M (launched Jan 2025); Auryxia net revenue $42.5M (up from $35.6M).","DaVita operational pilot started Aug 18 over 100 clinics, expected to complete in Q4; target 275K patient access by year-end.","FDA Type C meeting: no alignment on Phase 3 for non-dialysis; Akebia will not pursue broad label for non-dialysis.","Cash $166.4M; company believes financed to achieve profitability under current operating plan."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":178574000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":121139,"accession_number":"0001517022-25-000040","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-10-28T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Akebia abandons Vafseo broad label pursuit for non-dialysis CKD after FDA alignment failure","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Akebia will not initiate the VALOR trial for vadadustat in late-stage CKD not on dialysis after FDA feedback.","FDA indicated the trial would require significantly more patients and meaningfully more time and cost.","Akebia does not expect to pursue a broad label for Vafseo for non-dialysis dependent CKD patients.","Vafseo remains approved only for anemia in dialysis-dependent CKD patients; launched in U.S. Jan 2025.","Akebia is encouraged by FDA discussion on smaller subgroups but no specific path forward yet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137782,"accession_number":"0001517022-25-000034","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q2 2025 net income $0.2M vs loss; Vafseo rev $13.3M, DaVita pilot in 100+ clinics","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $0.2M (vs net loss of $8.6M in Q2 2024); total revenue $62.5M, up 43%.","Vafseo net product revenue $13.3M; prescription demand grew ~55% QoQ; >725 prescribers.","DaVita begins operational pilot in August at 100+ clinics; DCI/IRC protocols by Sept.","Auryxia net revenue $47.2M, up from $41.2M; no ANDA approved despite LOE in March.","Cash $137.3M; company believes financed to profitability."],"consensus_eps_estimate":null,"consensus_eps_actual":0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":119808000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155169,"accession_number":"0001517022-25-000030","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Akebia shareholders approve 18.9M share increase to 2023 Stock Incentive Plan","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholders approved amendment to 2023 Stock Incentive Plan to increase shares by 18,900,000 (102.75M for, 48.21M against).","Directors John P. Butler and Myles Wolf re-elected as Class II directors with over 119.9M votes each.","Advisory vote on executive compensation passed with 110.68M for, 39.01M against.","Ratification of Ernst & Young as auditor for 2025 passed with 178.59M for, 8.90M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":155168,"accession_number":"0001517022-25-000027","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia posts Q1 2025 net income of $6.1M; Vafseo launch generates $12.0M in net product rev","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total Q1 2025 net product revenues $55.8M, up 80% YoY; Vafseo contributed $12.0M in first quarter of U.S. launch.","Net income of $6.1M in Q1 2025 versus net loss of $18.0M in Q1 2024; driven by Vafseo and Auryxia sales.","Auryxia net revenues $43.8M (up from $31.0M YoY); market exclusivity lost March 20, 2025 but no ANDA approved.","Cash and equivalents $113.4M as of March 31, 2025, up from $51.9M at Dec 31, 2024, after $50M public offering.","Plan to initiate Phase 3 VALOR trial for vadadustat in non-dialysis CKD patients in H2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":57336000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173688,"accession_number":"0001193125-25-059327","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Akebia prices 25M-share public offering at $2.00/share, expects $46.5M net proceeds","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwritten public offering of 25M shares at $2.00/share; gross proceeds $50M.","Net proceeds ~$46.5M (or ~$53.6M if underwriters' option exercised in full).","Underwriters granted 30-day option to purchase up to 3.75M additional shares.","Expected closing March 21, 2025; Leerink Partners and Piper Sandler lead.","Company states it is financed to achieve profitability under current operating plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173687,"accession_number":"0001517022-25-000017","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q4 net loss $22.8M; expects Vafseo Q1 2025 revenue ~$10-11M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues Q4 $46.5M, down 17% YoY; Auryxia net revenue $44.4M vs $53.2M.","Net loss Q4 $22.8M vs net income $0.6M; FY2024 net loss $69.4M vs $51.9M.","Vafseo launch: shipments began Jan 9; >500 prescribers through Feb; Q1 revenue guidance $10-11M.","Cash $51.9M at Dec 31; post-year-end raised $18.4M ATM + $9.3M BlackRock; funded ≥2 years.","Plan to initiate Phase 3 VALOR trial for vadadustat in non-dialysis CKD in H2 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173686,"accession_number":"0001517022-25-000010","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Akebia draws $9.3M net from extended loan tranche; issues warrant for 1.15M shares","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended Tranche C expiry from Dec 31, 2024 to Feb 3, 2025; interest accrues from Dec 31, 2024.","Drew $10M Tranche C on Feb 3, 2025; net proceeds of $9.3M after debt issuance costs and interest.","Issued warrant to Kreos Capital affiliate for 1,153,846 shares at $1.30 exercise, 8-year term.","Warrant not registered; relies on Section 4(a)(2) and Rule 506(b) exemption.","Loan facility total $55M; prior tranches of $37M and $8M already drawn."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173685,"accession_number":"0001517022-25-000004","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2025-01-13T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Akebia guides cash runway of at least two years, funding Vafseo launch and pipeline","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Expects existing cash and cash from ops to fund current plan for at least two years.","Funding supports U.S. Vafseo launch and planned pipeline advancement.","CEO John Butler presenting at 43rd Annual J.P. Morgan Healthcare Conference on Jan 16, 2025.","Cautionary language regarding potential need for additional funding if plan changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190650,"accession_number":"0001517022-24-000075","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q3 2024 net loss $20M; Vafseo launch on track for Jan 2025 with 60% dialysis patient coverage","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $37.4M in Q3 2024 vs $42.0M in Q3 2023, driven by Auryxia volume decline.","Net loss $20.0M in Q3 2024 vs $14.5M in Q3 2023, including $4.4M non-cash interest from Vifor settlement.","Cash and equivalents $34.0M as of Sep 30, 2024; company expects funding to cover operations including Vafseo launch for at least two years.","Vafseo commercial supply contracts cover over 300,000 patients (~60% of US dialysis patients); TDAPA reimbursement starts Jan 1, 2025.","U.S. market availability for Vafseo expected in January 2025; VOICE trial initiated with US Renal Care."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":113683000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190649,"accession_number":"0001517022-24-000070","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Akebia signs multi-year supply agreement with leading dialysis org for Vafseo access","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Contract with a leading kidney care provider serving >200,000 patients at thousands of U.S. dialysis centers.","Vafseo (vadadustat) expected to be available in the U.S. in January 2025.","CMS granted TDAPA reimbursement for Vafseo starting January 1, 2025, and issued a HCPCS billing code.","Vafseo received FDA approval in March 2024 for anemia due to CKD in adults on dialysis for at least 3 months.","Agreement enables physicians to prescribe Vafseo as clinically appropriate; commercial launch priority."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190648,"accession_number":"0001517022-24-000067","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-10-16T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Akebia extends vadadustat supply agreement with STA through 2032","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment #1 to Supply Agreement with STA extended term to January 1, 2032.","Volume-based pricing structure and other provisions related to vadadustat drug product amended.","Original Supply Agreement entered February 10, 2021 for manufacturing of vadadustat."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207143,"accession_number":"0001517022-24-000065","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q2 2024 net loss narrows to $8.6M; Vafseo launch on track for Jan 2025","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenues $43.6M (down 23% YoY); Auryxia net product rev $41.2M vs $42.2M in Q2 2023.","Net loss $8.6M vs $11.2M in Q2 2023; cash and equivalents $39.5M as of June 30, 2024.","Vafseo TDAPA application submitted; HCPCS codes expected Oct 2024, TDAPA by Jan 2025.","Set Vafseo WAC at $1,278 for 30-day supply (~$15,500/year); regained full U.S. rights from CSL Vifor.","Auryxia FY 2024 net product revenues expected in line with 2023 level ($167M in 2023)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":76255000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":207142,"accession_number":"0001517022-24-000061","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-07-11T23:59:59+00:00","items":["1.01","1.02"],"status":"ready","headline":"Akebia terminates Vafseo license with CSL Vifor, sets royalty payments and buy-down option","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["License agreement terminated immediately for business reasons; Akebia regains full U.S. marketing rights for Vafseo.","Akebia to repay $40M working capital fund via quarterly tiered royalties of 8-14% of net sales through May 2028.","Settlement royalties: high single-digit % on net sales up to $450M, mid-single % above; buy-down option from July 2027.","Amended $55M Kreos loan facility to include covenants linked to the termination agreement.","Royalty payments commence July 1, 2025; minimum true-up milestones of $10M, $20M, $40M by 2026-2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224494,"accession_number":"0001517022-24-000059","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Akebia Therapeutics appoints Erik Ostrowski as CFO and Chief Business Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Erik Ostrowski appointed Senior VP, CFO, Chief Business Officer and Treasurer, effective June 24, 2024.","Base salary of $540,000, annual bonus target up to 45% of base salary.","Granted options to purchase 500,000 shares (4-year vest) and 350,000 RSUs (3-year vest).","Ostrowski previously served as President/Interim CEO and CFO of AVROBIO, Inc."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224493,"accession_number":"0001517022-24-000057","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-06-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Akebia Therapeutics shareholders reject proposal to increase share reserve by 9.8M shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Three Class I directors elected: Ronald E. Frieson, Steven C. Gilman, Ph.D., Cynthia Smith.","Proposal to increase 2023 Stock Incentive Plan by 9.8M shares failed (52.8M against vs 45.2M for).","Advisory say-on-pay compensation approved narrowly (48.9M for, 47.4M against).","Ratification of Ernst & Young as independent auditor for FY 2024 approved (120.2M for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":224492,"accession_number":"0001517022-24-000050","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Akebia Q1 net loss narrows to $18M; 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no financial terms disclosed.","Original Supply Agreement dated April 2, 2020, previously amended April 15, 2021.","Contract manufacturer STA Pharmaceutical Hong Kong Limited."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243805,"accession_number":"0001517022-24-000031","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Akebia Therapeutics receives FDA approval for Vafseo (vadadustat) for dialysis patients","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["FDA approved Vafseo for anemia due to CKD in adults on dialysis ≥3 months; boxed warning for thrombosis risks.","Vafseo is a once-daily oral HIF-PH inhibitor; already approved in 37 countries.","~500,000 U.S. adult dialysis patients suffer from CKD anemia.","Approval based on INNO2VATE Phase 3 program data published in NEJM 2021; plus Japan post-marketing data.","Akebia plans U.S. launch with commercial team and CSL Vifor partnership; conference call March 28."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":278988561.3203883,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":243804,"accession_number":"0001193125-24-069123","cik":1517022,"company_name":"Akebia Therapeutics, Inc.","ticker":"AKBA","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Akebia CFO Ellen Snow to depart March 22; 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