September 25, 2019 Jason A. Amello Senior Vice President, Chief Financial Officer and Treasurer Akebia Therapeutics, Inc. 245 First Street Cambridge, MA 02142 Re: Akebia Therapeutics, Inc. Form 10-K for the Fiscal Year Ended December 31, 2018 Filed March 26, 2019 Form 10-Q for the Quarterly Period Ended June 30, 2019 Filed August 8, 2019 File No. 001-36352 Dear Mr. Amello: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to the comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to the comment, we may have additional comments. Form 10-Q For the Quarterly Period Ended June 30, 2019 Item 1. Legal Proceedings. Legal Proceedings Relating to Auryxia-ANDA Litigation, page 60 1. Please tell us how you considered the results of the ANDA litigation, which was settled prior to the issuance of your most recent Form 10-Q and could potentially negatively impact future sales of Auryxia, in assessing your goodwill and intangible assets (including your developed product rights for Auryxia) for potential impairment as of the period ended June 30, 2019. Jason A. Amello FirstName LastNameJason A. Amello Akebia Therapeutics, Inc. Comapany 25, 2019 September NameAkebia Therapeutics, Inc. Page 2 September 25, 2019 Page 2 FirstName LastName In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Jacob Luxenburg at 202-551-2339 or Angela Connell at 202-551- 3426 with any questions. Sincerely, Division of Corporation Finance Office of Healthcare & Insurance