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Ardelyx Reports Second Quarter 2014 Financial Results
Date:8/7/2014

d-looking statements involve substantial risks and uncertainties that could cause the development of tenapanor, or Ardelyx's future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements.
Such risks and uncertainties include, among others, the uncertainties inherent in the clinical development process, Ardelyx's reliance upon AstraZeneca for the development of tenapanor, Ardelyx's reliance upon Sanofi for the discovery and development under the licensed NaP2b inhibitor program, and the uncertainties inherent in the research and discovery process.
Ardelyx undertakes no obligation to update or revise any forward-looking statements.
For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Ardelyx's business in general, please refer to Ardelyx's prospectus filed with the Securities and Exchange Commission on June 19, 2014, and its future periodic reports to be filed with the Securities and Exchange Commission. Condensed Balance Sheets(In thousands)June 30,
2014 December 31,
2013 (1)(Unaudited)AssetsCurrent assets:Cash and cash equivalents

$

117,814$

34,435Accounts receivable3,0256,436Prepaid expenses and other current assets1,308965Total current assets122,14741,836Property and equipment, net1,138530Other assets13

SOURCE Ardelyx, Inc.
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