Simply Wall St Financial Health Rating: ★★★★★★ Overview: ProKidney Corp. is a clinical-stage biotechnology company focused on developing a proprietary cell therapy platform for treating chronic kidney diseases in the United States, with a market cap of $216.27 million.
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Country
US
Industry
Health Care
Market Cap
Mid Cap
Num. Employees
87
IPO Date
Jun 30, 2021
Country
US
Industry
Health Care
ProKidney Corp. is a clinical-stage biotechnology company, which engages in the development of proprietary cell therapy platform. The company is headquartered in Winston-Salem, North Carolina and currently employs 87 full-time employees. The company went IPO on 2021-06-30. The firm is focused on cell therapy platforms capable of treating multiple chronic kidney diseases (CKD) using a patient’s own cells isolated from the patient intended for treatment. The Company’s lead product candidate, Renal Autologous Cell Therapy (REACT), is designed to preserve kidney function in a CKD patient’s diseased kidneys. REACT is a product that includes autologous Selected Renal Cells (SRCs) prepared from a patient’s own (autologous) kidney cells. The REACT injection is an investigational therapy that is a mixture of kidney cells prepared from the participant’s own kidney tissue. Its patented technology includes multiple breakthroughs in the manufacturing and medical delivery of cellular therapy products. The company is conducting a global Phase 3 development program and multiple Phase 2 clinical trials for REACT in subjects with moderate to severe diabetic kidney disease.
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