Michael Raab - Ardelyx CEO and President and Director

ARDX Stock  USD 5.31  0.19  3.71%   

CEO

Mr. Michael G. Raab is President, Chief Executive Officer, Director of the Company. From 2002 to 2009, Mr. Raab was a partner at NEA, where he focused on investments in the biotechnology and pharmaceutical sectors. Prior to joining NEA, Mr. Raab spent 15 years in commercial and operating leadership roles in the biotech and pharmaceutical industries. He was Senior Vice President, Therapeutics and General Manager of the Renal Division at Genzyme Corporationrationration, or Genzyme, a biotechnology company. Mr. Raab also spent two years with Genzymes diagnostic products and services division. Before Genzyme, Mr. Raab held business development and sales and marketing positions at Repligen Corporationrationration, a life sciences company, and BristolMyers Corporationrationration. Mr. Raab is currently a director of Amicus Therapeutics, Inc. . Mr. Raab currently serves as a member of the board of directors of the California Life Sciences Association, a nonprofit trade association serving the life science industry in California, and as a member of the Emerging Companies Section Governing Board of the Biotechnology Innovation Organization since 2009.
Age 59
Tenure 15 years
Address 400 Fifth Avenue, Waltham, MA, United States, 02451
Phone510 745 1700
Webhttps://www.ardelyx.com

Latest Insider Transactions

2024-11-11Disposed of 2743 shares @ 4.9View
2024-10-28Disposed of 25000 shares @ 5.91View
2024-10-11Disposed of 7500 shares @ 6.01View
2024-09-26Disposed of 3000 shares @ 6.07View
2024-09-11Disposed of 35000 shares @ 5.61View
2024-08-27Disposed of 7500 shares @ 6.22View
2024-08-12Disposed of 1229 shares @ 5.71View
2024-07-29Disposed of 30000 shares @ 5.64View
2024-07-15Disposed of 7500 shares @ 5.97View
Raab received a B.A. from DePauw University. We believe Mr. Raab is qualified to serve on our board of directors based on his role as our President and Chief Executive Officer, his senior management experience in the life sciences sector, his investment experience and his current and past service on other boards of directors of public companies.

Michael Raab Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Raab against Ardelyx stock is an integral part of due diligence when investing in Ardelyx. Michael Raab insider activity provides valuable insight into whether Ardelyx is net buyers or sellers over its current business cycle. Note, Ardelyx insiders must abide by specific rules, including filing SEC forms every time they buy or sell Ardelyx'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Ardelyx Management Efficiency

The company has return on total asset (ROA) of (0.1218) % which means that it has lost $0.1218 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4154) %, meaning that it created substantial loss on money invested by shareholders. Ardelyx's management efficiency ratios could be used to measure how well Ardelyx manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.23 in 2024. Return On Capital Employed is likely to drop to -0.27 in 2024. At this time, Ardelyx's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 47.1 M in 2024, whereas Total Assets are likely to drop slightly above 180.1 M in 2024.
Ardelyx currently holds 55.98 M in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. Ardelyx has a current ratio of 2.26, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Ardelyx's use of debt, we should always consider it together with its cash and equity.

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Ardelyx, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat gastrointestinal and cardiorenal therapeutic areas in the United States and internationally. Ardelyx, Inc. was incorporated in 2007 and is headquartered in Waltham, Massachusetts. Ardelyx operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 86 people. Ardelyx (ARDX) is traded on NASDAQ Exchange in USA. It is located in 400 Fifth Avenue, Waltham, MA, United States, 02451 and employs 267 people. Ardelyx is listed under Biotechnology category by Fama And French industry classification.

Management Performance

Ardelyx Leadership Team

Elected by the shareholders, the Ardelyx's board of directors comprises two types of representatives: Ardelyx inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ardelyx. The board's role is to monitor Ardelyx's management team and ensure that shareholders' interests are well served. Ardelyx's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ardelyx's outside directors are responsible for providing unbiased perspectives on the board's policies.
Elizabeth Esq, Chief Secretary
Susan Rodriguez, Chief Officer
Michael Raab, CEO and President and Director
Elizabeth Grammer, Vice President General Counsel
Joseph Reilly, Senior Officer
CPA MST, CFO Treasurer
Robert Felsch, Senior Officer
Caitlin Lowie, Vice Relations
David Rosenbaum, Sr. VP of Drug Devel.
Kimia Keshtbod, Mang Relations
Robert Blanks, Chief Officer
Mike Kelliher, Executive Strategy
Karen Harrigan, Director Devel
Charon Sr, Chief Officer
Dan Pavicich, Director Devel
MPH MD, Chief Officer

Ardelyx Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ardelyx a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Tools for Ardelyx Stock Analysis

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