Tricida: There Is Further Upside [Seeking Alpha]
Tricida, Inc. (TCDA)
Last tricida, inc. earnings: 2/27 04:05 pm
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Source: Seeking Alpha
Summary Tricida is up nearly 100% since we recommended it in January 2019. Since then, the PDUFA date has been announced - August 22, 2020. We explore whether there is further upside to this recommended stock. In January 2019, we TCDA under The question that has vexed investors from the beginning is veverimer’s competitive difference with the non-FDA approved but widely used standard of care, which is simply baking soda or sodium bicarbonate. One aspect here is safety, where sodium bicarbonate is known to cause congestive heart failure in patients who have 24 mEq/L of bicarbonate concentration. The risk of heart failure increased by 14% (HR, 1.14; 95% CI, 1.03-1.26; P = 0.02) per 1-mEq/L increase in serum bicarbonate level over 24 mEq/L. In patients with bicarbonate concentration higher than 32 mEq/L, mortality was found to have increased. This data is gleaned from the CRIC study titled Source The study concluded that “In a cohort of participants with CKD, low serum bicarbonate was a
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