BRIEF-Tricida Provides Strategic Update

Reuters2022-11-03

Nov 2 (Reuters) - Tricida Inc :

* TRICIDA PROVIDES STRATEGIC UPDATE

* TRICIDA INC - BOARD AUTHORIZED TRICIDA TO INITIATE A REVIEW OF STRATEGIC ALTERNATIVES TO MAXIMIZE STAKEHOLDER VALUE

* TRICIDA INC - STRATEGIC REVIEW MAY INCLUDE CONSIDERATION OF SALE OF COMPANY AND/OR ITS ASSETS

* TRICIDA INC - CURRENTLY EVALUATING PLANS TO REDUCE OPERATING EXPENSES AND ANTICIPATES INITIATING AND ANNOUNCING THESE PLANS IN NOVEMBER 2022

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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