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March 26, 2015 7:29 PM ET

Pharmaceuticals

Company Overview of Relypsa, Inc.

Company Overview

Relypsa, Inc., a biopharmaceutical company, focuses on the development and commercialization of non-absorbed polymeric drugs to treat disorders in the areas of renal, cardiovascular, and metabolic diseases in the United States. Its lead product candidate includes Patiromer, a non-absorbed potassium binding polymer that completed Phase III clinical trial for the treatment of hyperkalemia. The company was founded in 2007 and is based in Redwood City, California.

100 Cardinal Way

Redwood City, CA 94063

United States

Founded in 2007

115 Employees

Phone:

650-421-9500

Key Executives for Relypsa, Inc.

Chief Executive Officer, President and Director
Age: 49
Total Annual Compensation: $287.3K
Founder
Total Annual Compensation: $172.5K
Chief Medical Officer and Senior Vice President
Age: 43
Total Annual Compensation: $321.9K
Senior Vice President of Pharmaceutical Development & Regulatory Affairs
Age: 61
Total Annual Compensation: $304.0K
Compensation as of Fiscal Year 2013.

Relypsa, Inc. Key Developments

Relypsa, Inc. expected to report Fiscal Year 2014 results on March 26, 2015. This event was calculated by Capital IQ (Created on March 20, 2015).

Relypsa, Inc. expected to report Fiscal Year 2014 results on March 26, 2015. This event was calculated by Capital IQ (Created on March 20, 2015).

Relypsa, Inc. Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Financial Guidance for the Full Year of 2015

Relypsa, Inc. announced unaudited earnings results for the fourth quarter and year ended December 31, 2014. Net loss attributable to common stockholders for the fourth quarter 2014 was $27.6 million, or $0.80 per share, compared to $9.1 million, or $0.68 per share, for the comparable period in 2013.  The increase was primarily due to a decrease in fair value of convertible preferred stock warrants during 2013 and an increase in operating expenses during 2014, partially offset by a deemed dividend to preferred stockholders due to the issuance of warrants as part of the company's Series C-2 Preferred Stock financing in October 2013. Loss from operations was $27,082,000 against $14,646,000 a year ago. Net loss attributable to common stockholders for the full year 2014 was $79.9 million, or $2.43 per share, compared to $81.2 million, or $22.42 per share, in 2013. The decrease was primarily due to a deemed dividend to preferred stockholders due to the issuance of warrants as part of the company's Series C-2 Preferred Stock financing in October 2013, partially offset by an increase in operating expenses during 2014. Loss from operations was $78,141,000 against $70,911,000 a year ago. For the full year 2015, the company expects operating expenses in the range of approximately $180.0 to $200.0 million, including stock-based compensation of approximately $10.0 to $15.0 million. The 2015 operating expenses will be primarily driven by ongoing development activities as it pursue regulatory approval of Patiromer FOS, expansion of commercial launch preparation activities related to Patiromer FOS, including significant headcount growth and the manufacture of commercial supply, and increases in general and administrative infrastructure.

Relypsa, Inc. Presents at 27th Annual ROTH Conference, Mar-10-2015 09:30 AM

Relypsa, Inc. Presents at 27th Annual ROTH Conference, Mar-10-2015 09:30 AM. Venue: The Ritz Carlton, 1 Ritz Carlton Dr, Dana Point, CA 92629, United States. Speakers: Kristine M. Ball, Chief Financial Officer, Principal Accounting Officer and Senior Vice President.

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