LDHA

Chinook Therapeutics Presents Data from CHK-336 Phase 1 Trial in Healthy Volunteers and New Insights into the Role of Failed Repair in Chronic Kidney Disease at the 60th European Renal Association (ERA) Congress

Retrieved on: 
Saturday, June 17, 2023

The phase 1 single-center trial (see www.clinicaltrials.gov , identifier NCT05367661) was designed to evaluate the safety, tolerability, pharmacokinetic profile of CHK-336 in 104 healthy volunteers in randomized, placebo-controlled, double-blinded, single-ascending dose (SAD) and multiple-ascending dose (MAD) settings.

Key Points: 
  • The phase 1 single-center trial (see www.clinicaltrials.gov , identifier NCT05367661) was designed to evaluate the safety, tolerability, pharmacokinetic profile of CHK-336 in 104 healthy volunteers in randomized, placebo-controlled, double-blinded, single-ascending dose (SAD) and multiple-ascending dose (MAD) settings.
  • Healthy volunteers in the SAD portion of the study received placebo or a single dose of CHK-336 ranging from 15 mg to 500 mg on day 1.
  • The most common treatment emergent adverse event was headache in six subjects receiving CHK-336 (8.8%) and no placebo subjects, with no dose-related trend.
  • The emergence of maladaptive tubules is associated with disease progression across multiple CKDs and targeting these cells may potentially be an effective strategy to preserve kidney function broadly in CKD.

Chinook Therapeutics Reports First Quarter 2023 Financial Results and Provides Corporate Updates

Retrieved on: 
Tuesday, May 9, 2023

SEATTLE, May 09, 2023 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today reported financial results for the first quarter ended March 31, 2023 and provided corporate updates.

Key Points: 
  • SEATTLE, May 09, 2023 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today reported financial results for the first quarter ended March 31, 2023 and provided corporate updates.
  • “During the first quarter of 2023, we continued to advance our pipeline of clinical and preclinical programs for rare, severe chronic kidney diseases.
  • Chinook plans to present data from one or more additional cohorts of the AFFINITY trial in the second half of 2023.
  • Revenue – Revenue for the quarter ended March 31, 2023 was $1.8 million compared to $2.7 million for the same period in 2022.

LDH Growth Corp I will Redeem its Class A Ordinary Shares and will not Consummate an Initial Business Combination

Retrieved on: 
Monday, March 13, 2023

The per-share redemption price for the Public Shares will be approximately $10.20 (the “Redemption Amount”).

Key Points: 
  • The per-share redemption price for the Public Shares will be approximately $10.20 (the “Redemption Amount”).
  • As of the close of business on March 23, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
  • The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.
  • The redemption of the Public Shares is expected to be completed within ten business days after March 23, 2023.

Chinook Therapeutics to Present at Upcoming Investor Conferences

Retrieved on: 
Tuesday, November 22, 2022

Chinook Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing precision medicines for kidney diseases.

Key Points: 
  • Chinook Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing precision medicines for kidney diseases.
  • Chinooks product candidates are being investigated in rare, severe chronic kidney disorders with opportunities for well-defined clinical pathways.
  • Chinooks lead program is atrasentan, a phase 3 endothelin receptor antagonist for the treatment of IgA nephropathy and proteinuric glomerular diseases.
  • In addition, Chinook is advancing research programs for other rare, severe chronic kidney diseases.

Chinook Therapeutics Provides Business Update and Reports Third Quarter 2022 Financial Results

Retrieved on: 
Thursday, November 10, 2022

SEATTLE, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today provided a business update and reported financial results for the quarter and nine months ended September 30, 2022.

Key Points: 
  • SEATTLE, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today provided a business update and reported financial results for the quarter and nine months ended September 30, 2022.
  • During the third quarter of 2022, we continued advancing our pipeline of clinical and preclinical programs for rare, severe chronic kidney diseases.
  • Quarter and Nine Months Ended September 30, 2022 Financial Results
    Cash Position Cash, cash equivalents and marketable securities totaled $397.7 million at September 30, 2022, compared to $355.1 million at December 31, 2021.
  • Chinook assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise, after the date of this press release.

Chinook Therapeutics Presents Updated Data from Atrasentan Phase 2 AFFINITY IgA Nephropathy (IgAN) Patient Cohort, Preclinical Atrasentan Research and Ongoing Clinical Trials at the American Society of Nephrology (ASN) Kidney Week 2022

Retrieved on: 
Thursday, November 3, 2022

We are encouraged by these results, and look forward to reporting topline proteinuria data from our ongoing phase 3 ALIGN trial in 2023.

Key Points: 
  • We are encouraged by these results, and look forward to reporting topline proteinuria data from our ongoing phase 3 ALIGN trial in 2023.
  • Key highlights from the presentation include the following:
    In the IgAN cohort, median baseline 24-hour urine protein excretion was 1.2 g/day.
  • As of the October 19, 2022 data cutoff, atrasentan was well-tolerated in patients with IgAN, with no treatment-related SAEs.
  • A trial-in-progress overview for the ongoing, global, phase 2, open-label AFFINITY basket study of atrasentan was presented as an informational poster.

Chinook Therapeutics to Present at Upcoming Investor Conferences

Retrieved on: 
Wednesday, November 2, 2022

SEATTLE, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today announced that Chinook management is scheduled to participate in the following upcoming investor conferences:

Key Points: 
  • SEATTLE, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today announced that Chinook management is scheduled to participate in the following upcoming investor conferences:
    Credit Suisse 31st Annual Healthcare Conference Presentation on Wednesday, November 9th at 1:25 pm EST.
  • To access the audio webcasts and subsequent archived recording of these and other company presentations, please visit the Investors section of Chinooks website.
  • Chinook Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing precision medicines for kidney diseases.
  • In addition, Chinook is advancing research programs for other rare, severe chronic kidney diseases.

Chinook Therapeutics to Present at Upcoming Investor Conferences

Retrieved on: 
Thursday, September 1, 2022

Morgan Stanley 20th Annual Global Healthcare Conference Fireside chat on Monday, September 12th at 4:50 pm EDT.

Key Points: 
  • Morgan Stanley 20th Annual Global Healthcare Conference Fireside chat on Monday, September 12th at 4:50 pm EDT.
  • To access the audio webcasts and subsequent archived recording of these and other company presentations, please visit the Investors section of Chinooks website.
  • Chinook Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing precision medicines for kidney diseases.
  • In addition, Chinook is advancing research programs for other rare, severe chronic kidney diseases.

Chinook Therapeutics Provides Business Update and Reports Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 8, 2022

SEATTLE, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today provided a business update and reported financial results for the quarter and six months ended June 30, 2022.

Key Points: 
  • SEATTLE, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today provided a business update and reported financial results for the quarter and six months ended June 30, 2022.
  • During the second quarter of 2022, we executed well on advancing our pipeline of clinical and preclinical programs for rare, severe chronic kidney diseases.
  • Chinook plans to report additional data from the AFFINITY trial in the second half of 2022, as well as during 2023.
  • We paid this milestone, net of taxes and expenses, to the CVR holders in the second quarter of 2022.

Chinook Therapeutics Announces New Employment Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Thursday, August 4, 2022

The stock options vest over four years, with 25% vesting on the employees start date and 1/36th of the shares vesting monthly thereafter, subject to the employees continued employment on each such date.

Key Points: 
  • The stock options vest over four years, with 25% vesting on the employees start date and 1/36th of the shares vesting monthly thereafter, subject to the employees continued employment on each such date.
  • The stock options have a 10-year term and are subject to the terms and conditions of the stock option agreement.
  • The Company granted the stock options as a material inducement to this employee for entering into employment with Chinook Therapeutics, Inc. in accordance with Nasdaq listing Rule 5635(c)(4).
  • Chinook Therapeutics, Inc. is a clinical-stage biopharmaceutical company developing precision medicines for kidney diseases.