12 Best Low-Priced Pharma Stocks to Buy Right Now

8. Akebia Therapeutics, Inc. (NASDAQ:AKBA)

Number of Hedge Fund Holders: 19

Stock Price: $1.06

Akebia Therapeutics, Inc. (NASDAQ:AKBA) is one of the best low-priced pharma stocks on this list.

TheFly reported on June 10 that AKBA strengthened the intellectual property protection for its flagship therapy, Vafseo (vadadustat), after receiving a new patent listing in the FDA’s Orange Book and notification of eligibility for a five-year extension of a composition of matter patent. The additions enhance the company’s existing patent portfolio, which now includes 14 Orange Book-listed patents covering Vafseo with protection extending through 2036. These developments further support the company’s efforts to protect the long-term value and commercial potential of the therapy.

Earlier on May 7, Akebia Therapeutics, Inc. (NASDAQ:AKBA) reported its first-quarter 2026 financial results, highlighting continued progress for Vafseo and its kidney disease pipeline. Vafseo net product revenue reached $15.8 million during the quarter, while the number of patients using the therapy increased approximately 60% compared with the end of the prior quarter. The company also reported around 1,025 prescribers, representing a 28% increase from Q4 2025. Total first-quarter revenue was $53.5 million, compared with $57.3 million in the same period last year. AKBA continued advancing clinical programs, including praliciguat in FSGS and AKB-097 in rare kidney diseases, while maintaining cash resources of approximately $162.6 million as of March 31, 2026.

Akebia Therapeutics, Inc. (NASDAQ:AKBA) is a biopharmaceutical company focused on developing and commercializing innovative therapies for patients with kidney disease.

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