Akebia Therapeutics Announces Executive Changes, Effective June 29, 2020
June 18, 2020 at 04:01 pm EDT
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Akebia Therapeutics®, Inc. announced David A. Spellman is joining Akebia as its new Senior Vice President and Treasurer, effective June 29, 2020. Spellman will join Akebia from Intarcia Therapeutics, Inc., where he is Chief Financial Officer and Chief Business Officer. Spellman will succeed Jason A. Amello, who has served as Akebia's Senior Vice President, Chief Financial Officer and Treasurer since 2013. Although Amello is stepping down from the position to pursue other professional interests, he will remain with Akebia for a period of time to ensure a smooth transition of responsibilities to Spellman and will continue to advise the Company as a consultant thereafter.
Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company. The Company is focused on developing and commercializing therapeutics. The Companyâs portfolio and hypoxia-inducible factor (HIF)-based pipeline includes Auryxia (ferric citrate), Vafseo (vadadustat), AKB-9090 and AKB-10108. Auryxia (ferric citrate) is an orally administered medicine approved and marketed in the United States for two indications: the control of serum phosphorus levels in adult patients with dialysis dependent chronic kidney disease (DD-CKD), and the treatment of iron deficiency anemia (IDA), in adult patients with non-dialysis-dependent chronic kidney disease (NDD-CKD). Vafseo (vadadustat) is a HIF prolyl hydroxylase (HIF-PH), inhibitor, approved in 36 countries as a treatment for anemia due to chronic kidney disease (CKD). It utilizes third parties for the commercial distribution of Auryxia, including wholesale distributors and certain specialty pharmacy providers.