Ardelyx announces U.S. patent issuance for tenapanor formulations, enhancing protections for IBSRELA and XPHOZAH through 2042.
Quiver AI Summary
Ardelyx, Inc., a biopharmaceutical company, announced the issuance of U.S. Patent No. 12,539,299 for its oral formulations of tenapanor, which covers the commercial formulations of its products IBSRELA and XPHOZAH, both expiring on November 26, 2042. The company plans to list the patent with the FDA in the Orange Book. CEO Mike Raab emphasized the significance of this patent in protecting their innovative medicines that address unmet medical needs. Tenapanor, the active ingredient in these products, acts as an inhibitor of sodium/hydrogen exchanger 3 (NHE3) to improve conditions like Irritable Bowel Syndrome and high phosphate levels in chronic kidney disease. Ardelyx continues to focus on expanding its portfolio and has ongoing development efforts for tenapanor in various applications globally.
Potential Positives
- The issuance of U.S. Patent No. 12,539,299 provides extended protection for the company's products, IBSRELA® and XPHOZAH®, until November 26, 2042, ensuring a longer exclusivity period in the market.
- This patent reinforces Ardelyx's position in the biopharmaceutical market by protecting its innovative first-in-class medicines targeting significant unmet medical needs.
- Ardelyx's commitment to a comprehensive intellectual property strategy is highlighted, indicating a proactive approach to creating shareholder value and maintaining competitive advantage.
Potential Negatives
- The expiration date of the newly granted patent has been updated from previously communicated information, indicating potential issues with the company's patent tracking and management.
- Both IBSRELA and XPHOZAH have significant contraindications and warnings, including a risk of serious dehydration in pediatric patients, which may limit their marketability and acceptance among healthcare providers.
- Severe diarrhea is reported as a common adverse reaction for both IBSRELA and XPHOZAH, with notable percentages of patients experiencing this side effect, potentially affecting patient compliance and overall treatment satisfaction.
FAQ
What is the recent patent issued to Ardelyx, Inc.?
Ardelyx has been granted U.S. Patent No. 12,539,299 for oral formulations of tenapanor, covering IBSRELA® and XPHOZAH®.
What does the patent expiration date mean for Ardelyx?
The patent for IBSRELA and XPHOZAH expires on November 26, 2042, extending protection for these medications.
What are the uses of IBSRELA® (tenapanor)?
IBSRELA is indicated for treating Irritable Bowel Syndrome with Constipation (IBS-C) in adults.
What are the common side effects of XPHOZAH®?
The most common side effect of XPHOZAH, a phosphate absorption inhibitor, is diarrhea, occurring in many patients during trials.
How does Ardelyx support patient needs?
Ardelyx aims to meet significant unmet medical needs through innovative medicines and a comprehensive intellectual property strategy.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ARDX Insider Trading Activity
$ARDX insiders have traded $ARDX stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $ARDX stock by insiders over the last 6 months:
- LAURA A WILLIAMS (Chief Patient Officer) has made 0 purchases and 5 sales selling 142,687 shares for an estimated $911,298.
- MICHAEL RAAB (President & CEO) has made 0 purchases and 2 sales selling 92,574 shares for an estimated $530,610.
- ERIC DUANE FOSTER (Chief Commercial Officer) has made 0 purchases and 2 sales selling 21,122 shares for an estimated $122,994.
- ELIZABETH A GRAMMER (See Remarks) has made 0 purchases and 2 sales selling 11,836 shares for an estimated $67,840.
- MIKE KELLIHER (See Remarks) has made 0 purchases and 2 sales selling 10,977 shares for an estimated $62,917.
- JOSEPH JAMES REILLY (See Remarks) sold 11,086 shares for an estimated $61,382
- JUSTIN A RENZ (Chief Financial Officer) sold 7,037 shares for an estimated $41,741
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$ARDX Hedge Fund Activity
We have seen 114 institutional investors add shares of $ARDX stock to their portfolio, and 98 decrease their positions in their most recent quarter.
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- MILLENNIUM MANAGEMENT LLC removed 4,021,242 shares (-34.5%) from their portfolio in Q3 2025, for an estimated $22,157,043
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$ARDX Analyst Ratings
Wall Street analysts have issued reports on $ARDX in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 01/29/2026
- Wedbush issued a "Outperform" rating on 01/21/2026
- Citigroup issued a "Buy" rating on 11/03/2025
- TD Cowen issued a "Buy" rating on 10/31/2025
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$ARDX Price Targets
Multiple analysts have issued price targets for $ARDX recently. We have seen 5 analysts offer price targets for $ARDX in the last 6 months, with a median target of $16.0.
Here are some recent targets:
- Julian Harrison from BTIG set a target price of $17.0 on 01/29/2026
- Laura Chico from Wedbush set a target price of $19.0 on 01/21/2026
- Christopher Raymond from Piper Sandler set a target price of $16.0 on 01/09/2026
- Yigal Nochomovitz from Citigroup set a target price of $14.0 on 01/09/2026
- Joseph Thome from TD Cowen set a target price of $10.0 on 10/31/2025
Full Release
WALTHAM, Mass., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs, today announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 12,539,299 titled “Oral Formulations of Tenapanor” with an expiration date of November 26, 2042. The patent relates to the formulation of tenapanor and covers the commercial formulations of IBSRELA ® (tenapanor) and XPHOZAH ® (tenapanor). The patent will be submitted to the Food and Drug Administration for listing in the Approved Drug Products with Therapeutic Equivalence Evaluations (commonly known as the Orange Book) for both products.
“We are pleased to have been granted this patent for IBSRELA and XPHOZAH, which expires in fall of 2042,” said Mike Raab, president and chief executive officer of Ardelyx. “This is an important step in extending protections for our portfolio of first-in-class medicines in therapeutic areas where there continues to be significant unmet patient need. We are committed to executing a comprehensive intellectual property strategy that enables us to continue driving meaningful impacts for patients and creating lasting value for our shareholders.”
The expiration date of November 26, 2042 for this patent is an update from information previously communicated by the Company, and reflects a Patent Term Adjustment resulting from USPTO delays.
About IBSRELA
®
(tenapanor)
IBSRELA (tenapanor) is a locally acting inhibitor of the sodium/hydrogen exchanger 3 (NHE3), an antiporter expressed on the apical surface of the small intestine and colon primarily responsible for the absorption of dietary sodium. By inhibiting NHE3 on the apical surface of the enterocytes, tenapanor reduces absorption of sodium from the small intestine and colon, thus retaining luminal water content, which accelerates intestinal transit time and results in a softer stool consistency. IBSRELA has also been shown to reduce abdominal pain by decreasing visceral hypersensitivity and by decreasing intestinal permeability in animal models. In a rat model of colonic hypersensitivity, tenapanor reduced visceral hyperalgesia and normalized colonic sensory neuronal excitability.
About XPHOZAH
®
(tenapanor)
XPHOZAH, discovered and developed by Ardelyx, is a first-in-class, phosphate absorption inhibitor with a differentiated mechanism of action that acts locally in the gut to inhibit the sodium hydrogen exchanger 3 (NHE3), thereby reducing phosphate absorption through the paracellular pathway, the primary pathway of phosphate absorption. XPHOZAH is a single tablet, taken twice daily. Diarrhea was the most common side effect experienced by patients taking XPHOZAH in clinical trials. Please see additional full Prescribing Information.
IMPORTANT SAFETY INFORMATION (IBSRELA)
|
WARNING: RISK OF SERIOUS DEHYDRATION IN PEDIATRIC PATIENTS
IBSRELA is contraindicated in patients less than 6 years of age; in nonclinical studies in young juvenile rats administration of tenapanor caused deaths presumed to be due to dehydration. Avoid use of IBSRELA in patients 6 years to less than 12 years of age. The safety and effectiveness of IBSRELA have not been established in patients less than 18 years of age. |
CONTRAINDICATIONS
- IBSRELA is contraindicated in patients less than 6 years of age due to the risk of serious dehydration.
- IBSRELA is contraindicated in patients with known or suspected mechanical gastrointestinal obstruction.
WARNINGS AND PRECAUTIONS
Risk of Serious Dehydration in Pediatric Patients
- IBSRELA is contraindicated in patients below 6 years of age. The safety and effectiveness of IBSRELA in patients less than 18 years of age have not been established. In young juvenile rats (less than 1 week old; approximate human age equivalent of less than 2 years of age), decreased body weight and deaths occurred, presumed to be due to dehydration, following oral administration of tenapanor. There are no data available in older juvenile rats (human age equivalent 2 years to less than 12 years).
- Avoid the use of IBSRELA in patients 6 years to less than 12 years of age. Although there are no data in older juvenile rats, given the deaths in younger rats and the lack of clinical safety and efficacy data in pediatric patients, avoid the use of IBSRELA in patients 6 years to less than 12 years of age.
Diarrhea
Diarrhea was the most common adverse reaction in two randomized, double-blind, placebo-controlled trials of IBS-C. Severe diarrhea was reported in 2.5% of IBSRELA-treated patients. If severe diarrhea occurs, suspend dosing and rehydrate patient.
MOST COMMON ADVERSE REACTIONS
The most common adverse reactions in IBSRELA-treated patients (incidence ≥2% and greater than placebo) were: diarrhea (16% vs 4% placebo), abdominal distension (3% vs <1%), flatulence (3% vs 1%) and dizziness (2% vs <1%).
INDICATION
IBSRELA (tenapanor) is indicated for the treatment of Irritable Bowel Syndrome with Constipation (IBS-C) in adults.
Please see full Prescribing Information , including Boxed Warning, for additional risk information.
IMPORTANT SAFETY INFORMATION (XPHOZAH)
CONTRAINDICATIONS
XPHOZAH is contraindicated in:
- Pediatric patients under 6 years of age
- Patients with known or suspected mechanical gastrointestinal obstruction
WARNINGS AND PRECAUTIONS
Diarrhea
Patients may experience severe diarrhea. Treatment with XPHOZAH should be discontinued in patients who develop severe diarrhea.
MOST COMMON ADVERSE REACTIONS
Diarrhea, which occurred in 43-53% of patients, was the only adverse reaction reported in at least 5% of XPHOZAH-treated patients with CKD on dialysis across trials. The majority of diarrhea events in the XPHOZAH-treated patients were reported to be mild-to-moderate in severity and resolved over time, or with dose reduction. Diarrhea was typically reported soon after initiation but could occur at any time during treatment with XPHOZAH. Severe diarrhea was reported in 5% of XPHOZAH-treated patients in these trials.
INDICATION
XPHOZAH (tenapanor), 30 mg BID, is indicated to reduce serum phosphorus in adults with chronic kidney disease (CKD) on dialysis as add-on therapy in patients who have an inadequate response to phosphate binders or who are intolerant of any dose of phosphate binder therapy.
For additional safety information, please see full Prescribing Information.
About Ardelyx
Ardelyx was founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA
®
(tenapanor) and XPHOZAH
®
(tenapanor). The company’s pipeline includes the Phase 3 development of IBSRELA for chronic idiopathic constipation (CIC) and RDX10531, a next-generation NHE3 inhibitor with potential application across multiple therapeutic areas. Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin commercializes PHOZEVEL
®
(tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been approved in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada. For more information, please visit
https://ardelyx.com/
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