CAMBRIDGE, Mass., April 01, 2026 (GLOBE NEWSWIRE) -- Akebia Therapeutics- , Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, today announced the appointment of biopharmaceutical leader Philip J. Vickers to its Board of Directors, effective April 1, 2026. Dr. Vickers is the President and Chief Executive Officer and a member of the Board of Directors of Solu Therapeutics, a venture-backed biotechnology company focused on creating first-in-class therapeutics utilizing a novel drug discovery platform, and he has held senior leadership positions at several early-stage biotechnology companies as well as global pharmaceutical companies.
"We are delighted to welcome Phil to our Board," said Adrian Adams, Chairperson of the Board of Directors of Akebia. "His extensive background in drug development and leading large and complex R&D organizations will be extremely valuable as Akebia advances both mid-and early-stage programs in kidney and rare diseases. Moreover, Dr. Vickers has an impressive track record of actively evaluating business development opportunities. We could not ask for a more timely and well-rounded addition to our Board at this exciting time for the Company."
"I am pleased to be joining the Akebia Board of Directors at a point of transformation as the company begins evaluating its promising assets to address rare kidney diseases," said Dr. Vickers. "Furthermore, I am very impressed by Akebia's dedication to patients and by the caliber of its management team. I look forward to supporting the team as they advance their drug development imperatives."
Dr. Vickers brings more than three decades of global biopharmaceutical leadership experience, with deep expertise spanning research and development, translational science and corporate strategy across a broad range of therapeutic areas. Prior to Solu, Dr. Vickers held CEO roles at Faze Medicines and Northern Biologics, where he guided early-stage innovation, advanced immuno-oncology and biomolecular condensate programs, and executed strategic transactions with major pharmaceutical partners. Earlier, he served as Executive Vice President and Global Head of Research and Development at Shire, where he oversaw a global R&D organization. Dr. Vickers has also held senior leadership roles at Boehringer Ingelheim and Pfizer, where he contributed to discovery and development efforts across multiple therapeutic areas, including inflammation, neuroscience, and cardiovascular disease. He began his career at Merck, where he played a key role in the discovery of important drug targets and development candidates. In addition to his industry leadership, Dr. Vickers is a trained biochemist with a Ph.D. from the University of Toronto and has co-authored approximately 60 peer-reviewed publications and numerous patents.
Akebia also announced that Steven C. Gilman, Ph.D., retired from the Board of Directors of Akebia, effective April 1, 2026. Dr. Gilman has served as a member of our Board of Directors since the merger with Keryx in December 2018 and had previously served as a member of the Board of Directors of Keryx since March 2016.
"Steve has been an invaluable member of Akebia's Board of Directors," said John P. Butler, Chief Executive Officer of Akebia. "On behalf of the entire Board I wanted to thank him for his dedication and service to Akebia, notably through the merger and the development, approval and commercialization of Vafseo(vadadustat). We wish him the very best in his retirement."
About Akebia Therapeutics
Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease. Akebia was founded in 2007 and is headquartered in Cambridge, Massachusetts. For more information, please visit our website at www.akebia.com, which does not form a part of this release.
Forward-Looking Statements
Statements in this presentation regarding Akebia Therapeutics, Inc.'s ("Akebia's") strategy, plans, prospects, expectations, beliefs, intentions and goals are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, as amended, and include, but are not limited to, statements regarding: Akebia's plans, strategies and prospects for its business. The terms "intend," "believe," "plan," "goal," "potential," "anticipate, "estimate," "expect," "future," "will," "continue," derivatives of these words, and similar references are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results, performance or experience may differ materially from those expressed or implied by any forward-looking statement as a result of various risks, uncertainties and other factors, including, but not limited to, risks associated with: the potential therapeutic benefits, safety profile, and effectiveness of Vafseo and Akebia's development candidates; the results of preclinical and clinical research; Akebia's ability to initiate and enroll patients in its clinical trials; decisions made by health authorities, such as the FDA, with respect to regulatory filings and other interactions; the potential demand and market potential and acceptance of, as well as coverage and reimbursement related to Auryxia and Vafseo, including estimates regarding the potential market opportunity; the competitive landscape for Auryxia and Vafseo, including generic entrants and the timing thereof; the ability of Akebia to attract and retain qualified personnel; Akebia's ability to achieve and maintain profitability and to maintain operating expenses consistent with its operating plan; manufacturing, supply chain and quality matters and any recalls, write-downs, impairments or other related consequences or potential consequences; early termination of any of Akebia's collaborations; and changes in the geopolitical environment and uncertainty surrounding U.S. trade policy on tariffs. Other risks and uncertainties include those identified under the heading "Risk Factors" in Akebia's Quarterly Report on Form 10-K for the year ended December 31, 2025, and other filings that Akebia may make with the U.S. Securities and Exchange Commission in the future. These forward-looking statements (except as otherwise noted) speak only as of the date of this presentation, and, except as required by law, Akebia does not undertake, and specifically disclaims, any obligation to update any forward-looking statements contained in this presentation.
Akebia Therapeutics Contact
Mercedes Carrasco
mcarrasco@akebia.com
