Ardelyx Inc (ARDX)

[Whalatane]

Ernie. I sold my position in ARDX some time ago ...see earlier posts and in full disclosure hold a position in UNCY .
The advocates for dialysis patients asked Rep Carter to represent their interests , present their concerns.
The most affordable phosphorous lower drugs are all generic. Problem is the patients hate them and most are nowhere near serum phosphorous goals. .
ARDX's X and UNCY's OLC are more patient friendly drugs likely to benefit these patients .

The problem is paying for them . In X's case around $3,000 a mth ...tier 5 means patient copay is around $1,000 a mth.
None of my wife's patients can afford this ...so won't be getting X unless ARDX provides a generous co pay buy down / coupon. .
If X ( and OLC ) go into the dialysis bundle it will severely limit any additional funds for X or OLC ....thats the concern and why Rep Carter is pushing legislation to keep the new phosphorus lower dugs out of the dialysis bundle .

Above is my layman's understanding of the issue.

Good luck
Kiwi