$ARDX ER sucked. No way around it. However… They’re pulling the $750M XPHOZAH peak sales target because reimbursement is still stuck in the dialysis bundle. No TDAPA, slower adoption, guidance slashed. With the new CMS rule extending applications through Jan 1, 2028 and the 3-year window open until Oct 2026, Ardelyx could file for TDAPA at any time. (I think imminent) The reimbursement math may finally be shifting. I have a fraction of my original 200k shares and will be adding after my self-imposed 3 day rule.
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