Unicycive Therapeutics Celebrates Nasdaq Compliance Success

Unicycive Therapeutics Achieves Compliance with Nasdaq Standards
Unicycive Therapeutics, Inc. (NASDAQ: UNCY), a pioneering biotechnology company dedicated to the development of innovative therapies for kidney diseases, has announced a significant milestone in its journey. The company has successfully regained compliance with the Nasdaq Stock Market's continued listing requirements regarding minimum share price standards.
Details of Nasdaq Compliance
The company disclosed this encouraging news in a recent report. On receiving confirmation from Nasdaq's Listing Qualifications Department, it was established that as of a specified date, Unicycive's common stock maintained an average closing price of no less than $1.00 following its reverse stock split on June 20, 2025. With this, Unicycive's shares are no longer deemed below the required minimum bid price, thereby maintaining its compliance with the Nasdaq's listing standards.
How Compliance Benefits Unicycive
This compliance reinstatement is crucial for Unicycive as it continues its efforts to innovate treatments for patients grappling with serious kidney disorders. By retaining its status on the Nasdaq, the company enhances its visibility and credibility, allowing for improved access to growth opportunities in the biotechnology sector.
Innovative Treatments in Development
Unicycive Therapeutics is at the forefront of developing breakthrough treatments for kidney ailments. Their leading investigational product is oxylanthanum carbonate, a phosphate binder currently under FDA review aimed at managing hyperphosphatemia in patients with chronic kidney disease undergoing dialysis. Additionally, UNI-494, their second investigational therapy, has shown promising potential for addressing acute kidney injury. This treatment carries orphan drug designation from the FDA, specifically targeting the prevention of Delayed Graft Function in kidney transplant recipients, and has successfully completed a Phase 1 dose-ranging safety study involving healthy participants.
Future Outlook for Unicycive Therapeutics
The road ahead looks bright for Unicycive. Guided by a team committed to improving the quality of life for kidney disease patients, the company is positioned to make significant strides within the biotechnology landscape. The successful compliance assessment by Nasdaq adds another layer of momentum as they move forward with their crucial clinical trials and product development.
To Learn More
For additional insights and details on Unicycive Therapeutics and their innovative kidney treatment options, please visit their official website. Engaging with their updates on social platforms will also provide you with the latest developments surrounding their research and therapeutic advancements.
Frequently Asked Questions
What recent achievement did Unicycive Therapeutics accomplish?
Unicycive Therapeutics has regained compliance with Nasdaq's minimum bid price requirement, ensuring its continued listing.
What is Unicycive's lead investigational therapy?
Unicycive's lead investigational therapy is oxylanthanum carbonate, aimed at managing hyperphosphatemia in chronic kidney disease patients.
What does compliance with Nasdaq mean for Unicycive?
This compliance enhances Unicycive's credibility and visibility, allowing for better access to growth opportunities in the biotechnology sector.
How does UNI-494 fit into Unicycive's treatment portfolio?
UNI-494 is designed for treating conditions associated with acute kidney injury and has received orphan drug designation from the FDA.
Where can I find more information about Unicycive Therapeutics?
More information about Unicycive Therapeutics can be found on their official website and through their social media channels.
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