Inactive Instrument

Tricida, Inc.

Equities

TCDA

US89610F1012

Biotechnology & Medical Research

First Amended Liquidation Plan and Disclosure Statement Filed by Tricida, Inc.

February 24, 2023 at 12:00 am EST

Tricida, Inc. filed a first amended plan of liquidation with related disclosure statement in the US Bankruptcy Court on February 24, 2023. As per the amended plan filed, noteholders claims of $201.09 million shall be recovered 8% i.e., $16.09 million shall be paid in full in cash. Patheon rejection claim between $20.47 million to $149.51 million shall be recovered 8%.

There are no changes in the treatment of any other claim class or sourcing of plan funding.

Latest news about Tricida, Inc.

Tricida, Inc. Went Out of Business	23-06-12	CI
First Motion for Exclusivity Period Extension Approved For Tricida, Inc.	23-06-01	CI
Fifth Amended Liquidation Plan Approved for Tricida, Inc.	23-05-23	CI
Fifth Amended Liquidation Plan Filed by Tricida, Inc.	23-05-22	CI
Fourth Amended Liquidation Plan Filed by Tricida, Inc.	23-05-12	CI
First Motion for Exclusivity Period Extension Filed by Tricida, Inc.	23-05-08	CI
North American Morning Briefing : China Data Helps -3-	23-04-18	DJ
North American Morning Briefing : Stock Futures -3-	23-04-11	DJ
Fourth Amended Disclosure Statement Approved for Tricida, Inc.	23-03-27	CI
Fourth Amended Disclosure Statement Filed by Tricida, Inc.	23-03-24	CI
Third Amended Liquidation Plan and Disclosure Statement Filed by Tricida, Inc.	23-03-21	CI
Second Amended Liquidation Plan and Disclosure Statement Filed by Tricida, Inc.	23-02-25	CI
First Amended Liquidation Plan and Disclosure Statement Filed by Tricida, Inc.	23-02-24	CI
Motion for Asset Sale Approved for Tricida, Inc.	23-02-21	CI
Motion for Asset Sale Approved for Tricida, Inc.	23-02-21	CI
Notice of Selection of Successful Bidder Filed for Tricida, Inc.	23-02-16	CI
Notice of Selection of Successful Bidder Filed for Tricida, Inc.	23-02-16	CI
Tricida, Inc. Announces Resignation of David Bonita as Director	23-01-27	CI
Bidding Procedure Approved for Tricida, Inc.	23-01-25	CI
Tricida, Inc.(OTCPK:TCDA.Q) dropped from NASDAQ Composite Index	23-01-23	CI
Top Premarket Gainers	23-01-18	MT
Tricida, Inc.(NasdaqGS:TCDA) dropped from S&P TMI Index	23-01-18	CI
Liquidation Plan and Disclosure Statement Filed by Tricida, Inc.	23-01-17	CI
Tricida, Inc. Filed for Bankruptcy	23-01-11	CI
Motion for Asset Sale Filed by Tricida, Inc.	23-01-10	CI

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Company Profile

Tricida, Inc. is a pharmaceutical company. The Company is focused on its investigational drug candidate, veverimer (TRC101). TRC101 is a non-absorbed, orally administered polymer designed to treat metabolic acidosis and slow CKD progression by binding and removing acid from the gastrointestinal (GI) tract. Its veverimer, is a low-swelling, spherical polymer bead that is approximately 100 micrometers in diameter, which is a single, molecular weight, crosslinked polyamine molecule. Veverimer is a single, high molecular weight, crosslinked polyamine molecule. The size of veverimer prevents systemic absorption from the GI tract. The high degree of cross-linking within veverimer limits swelling and the overall volume in the GI tract, with the goal of facilitating GI tolerability. It is conducting renal outcomes clinical trial, VALOR-CKD (TRCA-303), to determine if veverimer slows CKD progression in patients with metabolic acidosis associated with CKD.

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Biotechnology & Medical Research

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