By Denny Jacob
ProKidney shares jumped 56% in premarket trading after reporting positive topline results from a select population group in a Phase 2 trial evaluating rilparencel in patients with chronic kidney disease and diabetes.
Shares were trading around 94 cents. The stock is down 64% on the year.
Chief Executive Bruce Culleton said topline results demonstrated robust improvement in estimated glomerular filtration rate slope, a calculation based on a blood test that estimates how well your kidneys are filtering waste from your blood.
The late clinical-stage cellular therapeutics company's rilparencel is also being evaluated in a Phase 3 trial to demonstrate its potential to preserve kidney function in patients with advanced chronic kidney disease and Type 2 diabetes.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
July 08, 2025 08:11 ET (12:11 GMT)
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