Amgen, Inc. (AMGN), Impax Laboratories Inc (IPXL): Keryx Biopharmaceuticals (KERX)’s Stifel Conference Presentation

Bentsur said that he expects that percentage increases of ferritin (a protein that stores iron and releases it gradually) from the phase 2 study will be comparable to what was achieved in the phase 3 study for patients on dialysis, although the baselines will be very different.

Keryx fully realizes that change in phosphate levels only won’t be an acceptable primary endpoint for any phase 3 study for the broader indication. Bentsur suggested that improvement in hemoglobin levels plus phosphate levels could be the path that Keryx will take for approval.

Monitoring closely
I suspect that several companies were carefully monitoring what Keryx had to say this week. Sanofi SA (ADR) (NYSE:SNY) could be one of them. Zerenex will compete head-to-head against its Renvela. The French company’s drug requires more intravenous iron and erythropoiesis-stimulating agents than Zerenex, so that could give a leg up to Keryx in the marketplace.

Investors should probably also keep a close eye on Keryx. The stock has soared over the last year. With a few good bounces, it could climb even higher. In the meantime, the Fool will keep on being your Keryx “TiVo” to keep you up to speed.

The article 3 Things You Need to Know from Keryx’s Stifel Conference Presentation originally appeared on Fool.com is written by Keith Speights.

Fool contributor Keith Speights and The Motley Fool have no position in any of the stocks mentioned. 

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