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XORTX appoints Mika Grasso as Co-CEO and advances gout drug XRx-026 towards FDA approval.

Company Fundamentals
15 Jun 2026
GlobeNewsWire
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Bullish
pluang ai news

XORTX Therapeutics announced the appointment of Mika Grasso as Co-CEO to enhance leadership in finance and public markets. The company is focusing on advancing its lead gout treatment, XRx-026, following positive FDA feedback on the regulatory pathway and clinical study plans. XORTX aims to submit a new drug application within 18 months, targeting a $700 million market for gout patients intolerant to allopurinol. The company also plans to progress other kidney disease and diabetes-related drug candidates while improving corporate efficiency to increase shareholder value.

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