Replies to post #1538 on Ardelyx Inc (ARDX)

[Whalatane]

I just listened to the CC .
Buying ARDX here is a huge bet on the Kidney Care Act being passed by the Senate . It's apparently passed by the Congress.
The Kidney Care act allows new oral dialysis drugs to remain outside the dialysis bundle for at least 2 yrs .
The problem with the dialysis bundle is that it forces prescribers to shun expensive drugs if cheap generic are available even if the generics are poorly tolerated.
The Tdapa process thats due to start at EOY would mean ARDX would have limited access due to being an expensive drug in the dialysis bundle

I thought their action was more about avoiding the coupon restriction but its actually about being able to have free access to market for 2 yrs before dialysis bundle restrictions

So buying here is a bet on the Kidney Care Act passing in the Senate and becoming law.

Kiwi