** Drug developer's shares RGLS.O rise ~43.2% to $0.24
** Co says U.S. FDA has accepted its application to start
clinical study of its experimental kidney disorder treatment,
RGLS8429 urn:newsml:reuters.com:*:nPn2B5MV7a
** RGLS8429 is being developed as a potential treatment for
Autosomal Dominant Polycystic Kidney Disease (ADPKD), an
inherited disorder in which clusters of cysts develop in kidneys
** Co plans to initiate early-stage study in healthy
volunteers in Q2 and expects data in H2 of this year
** Also plans to initiate dosing in patients with ADPKD in
H2
(Reporting by Mrinalika Roy in Bengaluru)
((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))