AKEBIA THERAPEUTICS INC

Ticker: AKBA CUSIP: 00972D105 Class: COM

Cormorant Asset Management, LP's Holding History (CIK: 0001583977)

Note: Option positions (PUT/CALL) are excluded.

Q3 2015

Shares 100,300 Value ($000) $969 Avg Close $9.18 Range $5.91 - $14.20

Q2 2015

Shares 100,300 Value ($000) $1,032 Avg Close $8.53 Range $7.27 - $11.12

Q1 2015

Shares 100,300 Value ($000) $1,114 Avg Close $10.65 Range $8.47 - $13.90

Q4 2014

Shares 118,000 Value ($000) $1,374 Avg Close $14.34 Range $8.60 - $21.75

Q3 2014

Shares 400,000 Value ($000) $8,852 Avg Close $22.97 Range $20.10 - $28.33

Q2 2014

Shares 400,000 Value ($000) $11,116 Avg Close $24.08 Range $16.41 - $31.00

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	100,300	$969	$9.18	$5.91 - $14.20
Q2 2015	100,300	$1,032	$8.53	$7.27 - $11.12
Q1 2015	100,300	$1,114	$10.65	$8.47 - $13.90
Q4 2014	118,000	$1,374	$14.34	$8.60 - $21.75
Q3 2014	400,000	$8,852	$22.97	$20.10 - $28.33
Q2 2014	400,000	$11,116	$24.08	$16.41 - $31.00