CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — Akebia Therapeutics Inc. (AKBA) on Wednesday reported a loss of $14.5 million in its third quarter.
On a per-share basis, the Cambridge, Massachusetts-based company said it had a loss of 8 cents.
The kidney disease treatment developer posted revenue of $42 million in the period.
The company's shares closed at $1.09. A year ago, they were trading at 29 cents.
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