• The European Medicines Agency's CHMP has issued a positive opinion for XOANACYL, an oral therapy for chronic kidney disease, with final European Commission approval expected by June 2025.
• XOANACYL offers a dual mechanism of action, providing ferric iron for addressing iron deficiency while controlling phosphorus absorption in CKD patients, addressing two common complications of the disease.
• Averoa, which licensed XOANACYL from Akebia Therapeutics in 2022, is actively seeking strategic commercial partnerships to bring the treatment to market across Europe following anticipated regulatory approval.