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Unicycive Therapeutics Announces Full Year 2025 Financial Results and Provides Business Update

  • Unicycive Therapeutics announced the FDA accepted its NDA resubmission for Oxylanthanum carbonate (OLC) with a PDUFA target action date of June 29, 2026.
  • Commercial readiness activities are ongoing in preparation for a potential OLC launch in the third quarter of 2026.
  • As of March 30, 2026, the company held $54.9 million in cash, cash equivalents, and marketable securities, providing a runway into 2027.
  • Research and development expenses decreased to $9.1 million in 2025 from $20.0 million in 2024 due to reduced drug development and clinical trial costs.
  • General and administrative expenses increased to $20.4 million in 2025 from $12.1 million in 2024, driven by consulting, professional services, and commercial launch preparation costs.
  • Net loss attributable to common stockholders narrowed to $26.6 million in 2025 from $37.8 million in 2024.
  • Other income shifted to $3.0 million in 2025 from a $4.6 million expense in 2024, primarily due to a decrease in the fair value of the company's warrant liability.
  • OLC is an investigational oral phosphate binder supported by data from three clinical studies, multiple preclinical studies, and CMC data, with no FDA concerns raised regarding previous safety data.
  • The company's second investigational treatment, UNI-494, received orphan drug designation for preventing Delayed Graft Function in kidney transplant patients.