XORTX Joins the Kidney Foundation and Kidney March
07 September 2023 - 9:00PM
XORTX Therapeutics Inc. ("
XORTX" or the
“
Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt:
ANU), a late-stage clinical pharmaceutical company focused on
developing innovative therapies to treat progressive kidney
disease, is pleased to announce its participation September 8th
through 10th, in the Kidney Foundation’s “Kidney March”, in support
of the almost 4 million Canadians who have chronic kidney disease
today.
The Company is pleased to participate in this
important annual event which supports fund raising to further basic
kidney research, and to join the kidney disease support community.
This year XORTX has committed to support the Kidney March through
sponsorship of Sunday “Kidney March” events and closing ceremonies
of the “Kidney March”. Details on the Kidney Foundation and
the Kidney March are included in the following links -
https://kidney.ca/ and https://kidneymarch.ca/basics/
Dr. Allen Davidoff, XORTX’s CEO stated, “Our
efforts this week in support of the Kidney Foundation of Canada is
a small contribution, to address a much larger, growing, global
problem. It is notable that kidney disease is estimated to affect
almost 1 in 7 individuals and because symptoms are few, diagnosis
often occurs in mid to late stage of disease. More concerning is an
estimated rate of new chronic kidney disease that exceeds 10% per
year and doubling the number of cases each decade. Because few
therapeutic options exist for individuals with progressing kidney
disease, we believe that XORTX’ focus on the development of
therapies to slow progression of kidney disease has the potential
to improve patient outcomes and quality of life. We encourage
everyone to visit the Kidney Foundation of Canada to understand how
you can be a part of the solution.”
About the Kidney Foundation of
Canada
Since 1964, the Kidney Foundation of Canada has
been guided by three fundamental principles: innovation,
leadership, and collaboration toward the promotion of excellent
kidney health, optimal quality of life for those affected by kidney
disease, and a cure. The Kidney Foundation of Canada is the leading
charity committed to eliminating the burden of kidney disease
through: Funding and stimulating innovative research for better
prevention, treatments and a cure; Providing education and support
to prevent kidney disease in those at risk and empower those with
kidney disease to optimize their health status; Advocating for
improved access to high quality health care; Increasing public
awareness and commitment to advancing kidney health and organ
donation. https://kidney.ca/About-Us/Overview/Our-Mission
About XORTX Therapeutics Inc.
XORTX is a pharmaceutical company with two
clinically advanced products in development: 1) our lead, XRx-008
program for ADPKD; and 2) our secondary program in XRx-101 for
acute kidney and other acute organ injury associated with
Respiratory Viral infection. In addition, XRx-225 is a pre-clinical
stage program for Type 2 Diabetic Nephropathy. XORTX is working to
advance its clinical development stage products that target
aberrant purine metabolism and xanthine oxidase to decrease or
inhibit production of uric acid. At XORTX, we are dedicated to
developing medications to improve the quality of life and future
health of patients with kidney disease. Additional information on
XORTX is available at www.xortx.com.
For more information, please contact:
Allen
Davidoff, CEO
adavidoff@xortx.com or +1 403 455 7727 |
Nick
Rigopulos, Director of Communicationsnick@alpineequityadv.com or +1
617 901 0785 |
Media Inquiries, OIipriya Das, PhD,
MScolipriya.das@russopartnersllc.com or +1 409 365 3641 |
|
Neither the TSX Venture Exchange nor Nasdaq has
approved or disapproved the contents of this news release. No stock
exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Forward Looking Statements
This press release
contains express or implied forward-looking statements pursuant to
U.S. Federal securities laws. These forward-looking statements and
their implications are based on the current expectations of the
management of XORTX only, and are subject to a number of factors
and uncertainties that could cause actual results to differ
materially from those described in the forward-looking statements.
Except as otherwise required by law, XORTX undertakes no obligation
to publicly release any revisions to these forward-looking
statements to reflect events or circumstances after the date hereof
or to reflect the occurrence of unanticipated events. More detailed
information about the risks and uncertainties affecting XORTX is
contained under the heading “Risk Factors” in XORTX’s Registration
Statement on Form F-1 filed with the SEC, which is available on the
SEC's website, www.sec.gov (including any documents forming a part
thereof or incorporated by reference therein), as well as in our
reports, public disclosure documents and other filings with the
securities commissions and other regulatory bodies in Canada, which
are available on www.sedarplus.ca.
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