Achieve Life Sciences(ACHV)
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Achieve Life Sciences Appoints Erik Atkisson as Chief Legal Officer
Globenewswire· 2025-10-20 12:30
Core Insights - Achieve Life Sciences has appointed Erik Atkisson as Chief Legal Officer, bringing over 25 years of legal expertise in the biopharmaceutical sector to the company [1][2] Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company focused on developing and commercializing cytisinicline for nicotine dependence treatment [3] - The company submitted a New Drug Application (NDA) for cytisinicline to the FDA in June 2025, which has been accepted for review with a PDUFA date set for June 20, 2026 [3] Product Information - Cytisinicline is a plant-derived alkaloid that interacts with nicotinic acetylcholine receptors to help treat nicotine dependence for both smoking and vaping cessation [5][6] - The drug has been granted Breakthrough Therapy designation by the FDA, addressing a significant unmet need in nicotine e-cigarette cessation [4] Market Context - Approximately 29 million adults in the U.S. smoke combustible cigarettes, with tobacco use being the leading cause of preventable death globally [4] - There are around 17 million adults in the U.S. who use e-cigarettes, highlighting the growing need for effective cessation treatments [4]
Achieve: Expedited Review Of Cytisinicline Sets The Stage For Development Expansion
Seeking Alpha· 2025-10-20 11:15
Core Insights - The article discusses the Biotech Analysis Central service, which provides in-depth analysis of pharmaceutical companies and investment opportunities in the biotech sector [1][2]. Group 1 - The service offers a library of over 600 biotech investing articles, a model portfolio of more than 10 small and mid-cap stocks, and live chat features for investors [2]. - A promotional offer is available for new subscribers, including a two-week free trial and a discounted annual subscription price of $399, which represents a 33.50% discount compared to the monthly rate of $49 [1]. Group 2 - The author of the article has no current stock or derivative positions in any of the companies mentioned, nor plans to initiate any positions in the next 72 hours [3]. - The article emphasizes that past performance does not guarantee future results and that no specific investment recommendations are provided [4].
Morning Market Movers: ARTV, AREB, AKAN, KXR See Big Swings
RTTNews· 2025-10-17 11:39
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Artiva Biotherapeutics, Inc. (ARTV) has increased by 124% to $6.22 [3] - Akanda Corp. (AKAN) is up 39% at $3.10 [3] - Kezar Life Sciences, Inc. (KZR) has risen 38% to $5.80 [3] - Carbon Revolution Public Limited Company (CREV) is also up 38% at $5.15 [3] - Safe & Green Holdings Corp. (SGBX) has increased by 28% to $3.96 [3] - Achieve Life Sciences, Inc. (ACHV) is up 23% at $3.80 [3] - Revolution Medicines, Inc. (RVMD) has risen 8% to $53.90 [3] - Erayak Power Solution Group Inc. (RAYA) is up 8% at $5.76 [3] - ProQR Therapeutics N.V. (PRQR) has increased by 7% to $3.00 [3] - Bio Green Med Solution, Inc. (BGMS) is up 6% at $4.04 [3] Premarket Losers - American Rebel Holdings, Inc. (AREB) has decreased by 41% to $2.09 [4] - Sadot Group Inc. (SDOT) is down 25% at $5.35 [4] - AVITA Medical, Inc. (RCEL) has fallen 24% to $4.04 [4] - Soluna Holdings, Inc. (SLNH) is down 23% at $3.22 [4] - American Battery Technology Company (ABAT) has decreased by 17% to $4.70 [4] - CID HoldCo, Inc. (DAIC) is down 17% at $2.16 [4] - Pinnacle Food Group Limited (PFAI) has fallen 12% to $3.12 [4] - OnKure Therapeutics, Inc. (OKUR) is down 12% at $2.52 [4] - Whitehawk Therapeutics, Inc. (WHWK) has decreased by 12% to $2.29 [4] - Aqua Metals, Inc. (AQMS) is down 7% at $14.50 [4]
Achieve Life Sciences Receives FDA Commissioner's National Priority Voucher for Cytisinicline for Treatment of Nicotine Dependence for E-cigarette or Vaping Cessation
Globenewswire· 2025-10-17 11:30
Core Insights - Achieve Life Sciences has received a Commissioner's National Priority Voucher from the FDA for cytisinicline, aimed at treating nicotine dependence specifically for e-cigarette or vaping cessation, marking it as one of only nine therapies in the inaugural year of the program [1][4] - Cytisinicline is positioned as a first-in-class pharmacotherapy for a significant unmet medical need, with around 60% of the 17 million adult e-cigarette users in the U.S. wanting to quit [2][9] - The FDA has granted Breakthrough Therapy designation to cytisinicline, which demonstrated clinical efficacy in the Phase 2 ORCA-V1 trial, showing participants were 2.6 times more likely to quit using nicotine e-cigarettes compared to placebo [3][9] Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company focused on developing cytisinicline to address nicotine dependence and has submitted a New Drug Application (NDA) for smoking cessation, with a target action date of June 20, 2026 [5][6] - The company aims to pioneer the first FDA-approved treatment for vaping cessation, addressing a critical gap in treatment options for nicotine dependence [3][4] Market Context - There are approximately 29 million adults in the U.S. who smoke combustible cigarettes, and tobacco use is the leading cause of preventable death, responsible for over 8 million deaths globally [7][8] - The vaping market is also significant, with around 17 million adults in the U.S. using e-cigarettes, and no FDA-approved treatments currently available for vaping cessation [9][10]
Achieve Life Sciences Announces Granting of New Hire Inducement Awards
Globenewswire· 2025-10-02 20:01
Core Insights - Achieve Life Sciences, Inc. has approved stock option grants for five new employees as part of its 2024 Equity Inducement Plan, totaling 161,000 shares of common stock [1][2][3] Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company focused on developing and commercializing cytisinicline for nicotine dependence treatment [4] - The company submitted a New Drug Application (NDA) to the FDA in June 2025, which has been accepted for review, with a PDUFA date set for June 20, 2026 [4] - Cytisinicline is being developed for smoking cessation in adults, supported by two completed Phase 3 studies and an open-label safety study [4] Industry Context - Approximately 29 million adults in the U.S. smoke combustible cigarettes, with tobacco use being the leading cause of preventable death globally [5] - There are around 17 million adults in the U.S. who use e-cigarettes, highlighting a significant market for cessation products [5] - Cytisinicline has received Breakthrough Therapy designation from the FDA to address the unmet need for e-cigarette cessation treatments [5][6]
Achieve Life Sciences Announces Publication in Thorax of Data Demonstrating Cytisinicline's Potential Efficacy and Tolerability for Smoking Cessation in Individuals with COPD
Globenewswire· 2025-09-22 12:30
Core Insights - Achieve Life Sciences announced new data showing that cytisinicline significantly improves smoking quit rates in adults with and without chronic obstructive pulmonary disease (COPD) compared to placebo [1][2][3] Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company focused on developing and commercializing cytisinicline for nicotine dependence treatment [6] - The FDA has accepted Achieve's New Drug Application for cytisinicline, with a target action date of June 20, 2026 [5][6] Clinical Data - The publication in Thorax presents a post hoc analysis of over 1,600 participants from the ORCA-2 and ORCA-3 trials, highlighting the efficacy and safety of cytisinicline in individuals with self-reported COPD [2][3] - Cytisinicline demonstrated statistically significant increases in continuous smoking abstinence for both COPD and non-COPD subgroups, with quit rates for COPD participants comparable to those without COPD [3] Health Impact - Nearly 16 million U.S. adults have been diagnosed with COPD, with 6 million currently smoking; quitting smoking is crucial for improving health outcomes in this population [4] - Approximately 80% of COPD deaths are attributed to smoking, emphasizing the need for effective cessation tools like cytisinicline [4] Future Developments - Achieve has completed a Phase 2 trial for cytisinicline in vaping cessation and has received Breakthrough Therapy designation from the FDA for this indication [5][8]
Achieve Life Sciences Promotes Craig Donnelly to Chief Operations Officer
Globenewswire· 2025-09-18 12:30
Core Viewpoint - Achieve Life Sciences has promoted Craig Donnelly to Chief Operations Officer to lead the company's operations in preparation for the anticipated launch of cytisinicline, a treatment for nicotine dependence, in mid-late 2026 [1][2][3]. Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company focused on developing and commercializing cytisinicline for smoking cessation [4]. - The FDA has accepted the New Drug Application (NDA) for cytisinicline, with a PDUFA completion date set for June 20, 2026 [4]. Leadership and Experience - Craig Donnelly has over 25 years of biopharmaceutical experience, previously serving as Executive Vice President for Chemistry, Manufacturing, and Controls (CMC) and Regulatory CMC at Achieve since 2022 [2][3]. - His prior roles include senior positions at NuCana, ICON, and F. Hoffman-La Roche, and he began his career at Pfizer [3]. Product Development - Cytisinicline is a plant-derived alkaloid that interacts with nicotinic acetylcholine receptors to help treat nicotine dependence [7][8]. - The product is currently under development and has not yet received FDA approval for any indication in the United States [8]. Market Need - Approximately 29 million adults in the U.S. smoke combustible cigarettes, and tobacco use is the leading cause of preventable death globally [5]. - There are around 17 million adults in the U.S. who use e-cigarettes, with no FDA-approved treatments specifically for nicotine e-cigarette cessation [6].
Achieve Life Sciences Names Dr. Mark Rubinstein Interim Chief Medical Officer
Globenewswire· 2025-09-11 21:01
Core Insights - Achieve Life Sciences, Inc. has appointed Mark Rubinstein, M.D. as Interim Chief Medical Officer, succeeding Cindy Jacobs, Ph.D., M.D. [1][3] - The company is focused on the development and commercialization of cytisinicline for nicotine dependence treatment, with recent FDA acceptance of its New Drug Application [3][4] - Cytisinicline is positioned as a potential treatment for the estimated 15 million American adults who attempt to quit smoking each year [3] Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company dedicated to addressing the global nicotine dependence epidemic through cytisinicline [4] - The FDA has set a PDUFA completion date of June 20, 2026, for the cytisinicline New Drug Application [4] - The company has completed a Phase 2 study for vaping cessation and had a successful end-of-Phase 2 meeting with the FDA for a future vaping indication [4] Industry Context - Approximately 29 million adults in the U.S. smoke combustible cigarettes, with tobacco use being the leading cause of preventable death globally [5] - There are around 17 million adults in the U.S. who use e-cigarettes, and no FDA-approved treatments currently exist specifically for nicotine e-cigarette cessation [5] - Cytisinicline has received Breakthrough Therapy designation from the FDA to address the unmet need in nicotine dependence treatment [5][6]
Achieve Life Sciences (NasdaqCM:ACHV) FY Conference Transcript
2025-09-08 16:02
Achieve Life Sciences Conference Call Summary Company Overview - Achieve Life Sciences is focused on the development and commercialization of cytisinicline, a treatment for nicotine dependence, marking the first innovation in this space in nearly 20 years [2][3] Key Points Industry Context - There are approximately 29 million smokers and 17 million vapers in the U.S., indicating a significant public health issue related to nicotine dependence [2] - The company aims to change the narrative around nicotine dependence, positioning it as a medical condition rather than a lifestyle choice [3] Product Development and Approval - The FDA accepted the New Drug Application (NDA) for cytisinicline, with a PDUFA date anticipated in June 2026 [2][4] - The company is preparing for a gated launch, ensuring all manufacturing and supply chain processes are in place three months prior to the launch [4] Clinical Trials and Efficacy - The ORCA clinical trials demonstrated robust efficacy and safety for cytisinicline, which is expected to be a key focus during the FDA review [5][7] - The company has a strong supply chain with FDA-inspected manufacturers, mitigating typical regulatory risks [6][7] Commercial Strategy - Achieve Life Sciences targets high prescribers among the 46,000 primary care physicians in the U.S., focusing on early adopters who actively discuss smoking cessation with patients [9] - The company has identified two distinct patient demographics, one less digitally oriented and the other more digitally engaged, both concerned about health issues related to smoking [9][10] Market Opportunity - Approximately 600,000 prescriptions for nicotine dependence products are written monthly, with a significant market opportunity for cytisinicline [14] - The peak revenue for Chantix was $880 million in the U.S. with only 4% market penetration, indicating substantial room for growth [14][15] Insurance and Payer Engagement - Under the Affordable Care Act, there are two free treatments available for smoking cessation, and Achieve is working to ensure cytisinicline is accessible to patients [16] - Initial payer engagement will take six to nine months post-launch, but the company is implementing processes to expedite drug availability [17] Strategic Partnerships - Achieve Life Sciences is partnering with Omnicom to leverage their integrated marketing resources, optimizing targeting for both patients and physicians [18] - The collaboration aims to enhance awareness and prescription rates through rapid messaging adjustments based on feedback [11][12] Long-term Growth Strategy - The company is focused on building its infrastructure and exploring global opportunities, with a billion smokers worldwide, while initially concentrating on the U.S. market [22][23] - Discussions with potential partners for future commercialization strategies are ongoing, particularly as the market size dictates the need for additional support [22] Vaping Cessation Program - A phase 3 trial for vaping cessation is planned, mirroring the smoking cessation trial but with a shorter treatment period due to higher nicotine dependence among vapers [24] - The company recognizes the health risks associated with vaping and aims to target motivated individuals seeking to quit [27] Financial Position - Achieve Life Sciences raised $49 million, providing a financial platform to support the NDA approval and the launch of cytisinicline [28] - The company prefers debt and royalty financing for future funding needs, avoiding additional equity raises [28] Additional Insights - The company is aware of the challenges posed by changing prescribing habits and is actively working to build awareness among physicians and patients [8][12] - The integration of marketing resources from Omnicom is seen as a unique advantage that could enhance the company's market entry strategy [18]
Achieve Life Sciences Announces FDA Acceptance of Cytisinicline New Drug Application for Treatment of Nicotine Dependence for Smoking Cessation
Globenewswire· 2025-09-03 12:30
Core Insights - Achieve Life Sciences has received FDA acceptance for its New Drug Application (NDA) for cytisinicline, marking a significant step towards potentially the first new FDA-approved pharmacotherapy for smoking cessation in two decades, with a PDUFA target date set for June 20, 2026 [2][4]. Company Overview - Achieve Life Sciences is a late-stage specialty pharmaceutical company focused on developing and commercializing cytisinicline to address nicotine dependence and smoking cessation [5]. - The company has conducted extensive research, with over 2,000 clinical trial participants contributing to the evidence supporting cytisinicline's efficacy [3]. Clinical Trials and Efficacy - The ORCA-2 and ORCA-3 Phase 3 clinical trials demonstrated that cytisinicline, administered for either 6 or 12 weeks alongside standard behavioral support, resulted in significantly higher smoking abstinence rates compared to placebo [3]. - Safety data from the trials included over 400 participants with at least six months of cumulative exposure to cytisinicline, showing no new safety concerns [3]. Public Health Impact - Smoking is the leading cause of preventable death in the U.S., claiming nearly half a million lives annually and costing the economy over $600 billion each year [4][6]. - Approximately 15 million Americans attempt to quit smoking each year, highlighting the need for effective cessation tools [4]. Market Opportunity - There are about 29 million adults in the U.S. who smoke combustible cigarettes, and the company aims to provide a new treatment option for this population [6]. - Additionally, there are around 17 million adults using e-cigarettes, with no FDA-approved treatments currently available for nicotine e-cigarette cessation, indicating a significant unmet need [7]. Product Mechanism - Cytisinicline is a plant-derived alkaloid that interacts with nicotinic acetylcholine receptors in the brain, helping to reduce nicotine cravings and the satisfaction associated with nicotine products [8].