Reata Pharmaceuticals (RETA)

Overall impact
C (42)

Commentary

Reata Pharmaceuticals is an average overall performer. With a 'C' rating of 42.0 for overall impact (26th percentile compared to all companies), Reata Pharmaceuticals ranks 581st out of 585 industry peers, behind Grifols, Biogen, Ionis Pharmaceuticals and 577 others, and ahead of Compugen, Avid Bioservices, Opko Health and 1 other. On top material causes for Reata Pharmaceuticals's industry (Pharmaceuticals & Biotech), Reata Pharmaceuticals performs poorly in Accountable Institutions (26.9 score), Child and Maternal Health (14.4), Improved Mental Health (34.9) and 7 other causes where it received a 'D' or 'F' score. Reata Pharmaceuticals did not receive an 'A' rating on any cause.
Impact
Cause RETA
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Company
Employees
321
Sector
Health Care
Industry
Pharmaceuticals
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Tx, United States
Share classes
RETA
Description
Reata Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, identifies, develops, and commercializes novel therapeutics for patients with serious or life-threatening diseases. The company is developing Phase 3 clinical trial programs, including bardoxolone methyl (bardoxolone) for the treatment of patients with chronic kidney disease (CKD) caused by Alport syndrome, as well as for a form of pulmonary arterial hypertension associated with connective tissue disease. Additionally, Reata is developing omaveloxolone to treat Friedreich's ataxia and various forms of CKD, such as type 1 and type 2 diabetic CKD, hypertensive CKD, focal segmental glomerulosclerosis, and others. The company is also developing RTA 901 for neurological diseases and bardoxolone for the treatment of autosomal dominant polycystic kidney disease. In terms of collaborations, Reata has a strategic agreement with Kyowa Kirin Co., Ltd. to develop and commercialize bardoxolone for renal, cardiovascular, diabetes, and various other related metabolic indications in Japan, China, Hong Kong, Macao, South Korea, Taiwan, Thailand, Singapore, the Philippines, Malaysia, Indonesia, Brunei, Vietnam, Laos, Myanmar, and Cambodia. Additionally, Reata has partnered with AbbVie Inc. to jointly research, develop, and commercialize all second- and later-generation Nrf2 activators for all indications other than renal, cardiovascular, and metabolic indications. Reata Pharmaceuticals, Inc. was incorporated in 2002 and is headquartered in Plano, Texas. As of September 26, 2023, Reata Pharmaceuticals, Inc. operates as a subsidiary of Biogen Inc.
Material causes
Ethos considers the following causes material for Reata Pharmaceuticals, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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