Tricida, Inc. filed a notice for the selection of Successful Bidder in the US Bankruptcy Court for the sale of certain assets on February 16, 2023. As a result of the auction conducted on February 15, 2023, Renibus Therapeutics, Inc. has been selected as the winning bidder for the sale of certain assets. The debtor’s assets include intellectual property assets.

Patheon Austria GmbH & Co KG is designated as the next-highest bidder.