Pomerantz LLP Investigates Unicycive Therapeutics Securities Fraud Claims.
ByAinvest
Saturday, Jul 12, 2025 10:27 am ET1min read
EXC--
The investigation stems from a recent press release issued by Unicycive on June 30, 2025. The company announced that the U.S. Food and Drug Administration (FDA) had issued a Complete Response Letter (CRL) for its New Drug Application (NDA) for OLC, a drug intended to treat hyperphosphatemia in patients with chronic kidney disease (CKD) on dialysis. The CRL cited deficiencies at a third-party manufacturing vendor, which led to a significant drop in Unicycive's stock price, falling by $2.03 per share or 29.85%, to close at $4.77 per share on the same day.
Investors are advised to contact Danielle Peyton at dpeyton@pomlaw.com or 646-581-9980, ext. 7980, for more information about joining the class action [1][2].
Unicycive's stock price decline underscores the market's reaction to the regulatory setback. The company's management team has indicated that they are working to resolve the issues identified in the CRL and are exploring alternative manufacturing vendors to support the resolution of the Clinical Manufacturing and Controls (CMC) issues. The company's pipeline includes OLC for the treatment of hyperphosphatemia and UN-494 for acute kidney injury, both of which are in various stages of development [3].
Pomerantz LLP has a history of representing investors in securities fraud cases and has recovered numerous multimillion-dollar damages awards on behalf of class members. The firm is well-known for its expertise in securities class actions and continues to fight for the rights of victims of corporate misconduct [1][2].
References:
[1] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-unicycive-therapeutics-inc---uncy-302501956.html
[2] https://www.marketscreener.com/quote/stock/UNICYCIVE-THERAPEUTICS-IN-123776316/news/Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-Unicycive-Therapeutics-Inc-UNCY-50495860/
[3] https://www.marketscreener.com/quote/stock/UNICYCIVE-THERAPEUTICS-IN-123776316/news/Unicycive-Therapeutics-July-2025-Corporate-Presentation-50463208/
UNCY--
Pomerantz LLP is investigating claims of securities fraud against Unicycive Therapeutics. The investigation concerns whether the company and its officers have engaged in unlawful business practices. The FDA issued a Complete Response Letter for the company's New Drug Application for OLC to treat hyperphosphatemia in patients with chronic kidney disease. Investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
New York, July 2, 2025 - Pomerantz LLP, a leading law firm specializing in corporate, securities, and antitrust class litigation, has announced an investigation into claims on behalf of investors of Unicycive Therapeutics, Inc. (NASDAQ: UNCY). The investigation focuses on whether the company and its officers have engaged in unlawful business practices, including potential securities fraud.The investigation stems from a recent press release issued by Unicycive on June 30, 2025. The company announced that the U.S. Food and Drug Administration (FDA) had issued a Complete Response Letter (CRL) for its New Drug Application (NDA) for OLC, a drug intended to treat hyperphosphatemia in patients with chronic kidney disease (CKD) on dialysis. The CRL cited deficiencies at a third-party manufacturing vendor, which led to a significant drop in Unicycive's stock price, falling by $2.03 per share or 29.85%, to close at $4.77 per share on the same day.
Investors are advised to contact Danielle Peyton at dpeyton@pomlaw.com or 646-581-9980, ext. 7980, for more information about joining the class action [1][2].
Unicycive's stock price decline underscores the market's reaction to the regulatory setback. The company's management team has indicated that they are working to resolve the issues identified in the CRL and are exploring alternative manufacturing vendors to support the resolution of the Clinical Manufacturing and Controls (CMC) issues. The company's pipeline includes OLC for the treatment of hyperphosphatemia and UN-494 for acute kidney injury, both of which are in various stages of development [3].
Pomerantz LLP has a history of representing investors in securities fraud cases and has recovered numerous multimillion-dollar damages awards on behalf of class members. The firm is well-known for its expertise in securities class actions and continues to fight for the rights of victims of corporate misconduct [1][2].
References:
[1] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-unicycive-therapeutics-inc---uncy-302501956.html
[2] https://www.marketscreener.com/quote/stock/UNICYCIVE-THERAPEUTICS-IN-123776316/news/Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-Unicycive-Therapeutics-Inc-UNCY-50495860/
[3] https://www.marketscreener.com/quote/stock/UNICYCIVE-THERAPEUTICS-IN-123776316/news/Unicycive-Therapeutics-July-2025-Corporate-Presentation-50463208/
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet