Tricida eyeing sale, cost-cutting options after failing high-stakes CKD wager

cafead

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  • cafead   Nov 03, 2022 at 12:02: PM
via Tricida is looking at all of its options — not even two weeks after watching its stock nosedive.

In an announcement Wednesday afternoon, Tricida didn’t mince words.

“… the Board of Directors has authorized Tricida to initiate a review of strategic alternatives to maximize stakeholder value. This strategic review may include consideration of the sale of the Company and/or its assets.”

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