Welcome to our dedicated page for Aquestive Therapeutics news (Ticker: AQST), a resource for investors and traders seeking the latest updates and insights on Aquestive Therapeutics stock.
Aquestive Therapeutics, Inc. (NASDAQ: AQST) is a specialty pharmaceutical company dedicated to developing and commercializing innovative medicines designed to solve critical healthcare challenges. By focusing on patient-centric solutions, Aquestive aims to improve the lives of individuals managing complex diseases. The company's core area of expertise lies in the Central Nervous System (CNS) and severe allergic reactions, including anaphylaxis.
Core Business and Products
Aquestive Therapeutics leverages its proprietary drug delivery technologies to create novel oral treatments that offer convenient alternatives to invasive, conventional therapies. The company’s commercial product portfolio includes:
- Sympazan Oral Film - A treatment for seizures associated with Lennox-Gastaut Syndrome.
- Suboxone Sublingual Film - Utilized in opioid addiction management.
- Exservan Oral Film - A medication for Amyotrophic Lateral Sclerosis (ALS).
- Zuplenz - An antiemetic to prevent nausea and vomiting.
Pipeline and Recent Developments
Aquestive's robust pipeline includes late-stage candidates such as:
- Libervant Buccal Film - Positioned to address seizure clusters in epilepsy patients.
- AQST-108 - A sublingual film for the treatment of anaphylaxis.
- AQST-305 - A developing solution for severe allergic reactions.
The company has made significant strides with its proprietary PharmFilm® technology, enhancing drug delivery effectiveness and patient compliance. Aquestive collaborates with other pharmaceutical entities to bring these advanced treatments to market. Recent achievements include pivotal trials and regulatory submissions that underscore the company's commitment to addressing unmet medical needs.
Financial Overview
Aquestive Therapeutics predominantly earns its revenue from the United States through product sales and licensing agreements. The company’s latest financial reports indicate stable growth prospects, driven by its innovative product offerings and strong pipeline.
Partnerships and Market Presence
Aquestive actively partners with leading pharmaceutical firms to expand its reach and impact. The company's collaborations enable the development and commercialization of breakthrough treatments, further establishing its presence in the global pharmaceutical landscape.
For more information, recent updates, and investor inquiries, please visit the company’s official website or contact their investor relations team.
Aquestive Therapeutics (NASDAQ: AQST) has signed a License, Development, and Supply Agreement with Haisco Pharmaceutical Group Co., Ltd. for the exclusive commercialization of EXSERVAN™ (riluzole oral film) in China, targeting amyotrophic lateral sclerosis (ALS) treatment. Aquestive will act as the sole manufacturer, receiving a $7 million upfront payment, regulatory milestones, and royalties on sales. EXSERVAN offers ALS patients an alternative delivery method, potentially addressing the swallowing difficulties associated with traditional tablet forms of riluzole.
On February 28, 2022, Aquestive Therapeutics (NASDAQ: AQST) presented positive topline data from a Phase 1 study of AQST-109, an epinephrine oral film, during the AAAAI annual meeting in Phoenix, Arizona. The study demonstrated that dosing resulted in pharmacokinetic and pharmacodynamic responses within the expected therapeutic range, indicating the potential of AQST-109 as a viable alternative to injection for managing anaphylaxis. The FDA opened the Investigational New Drug Application on February 24, 2022, and the company plans to advance AQST-109 through pivotal studies in 2022.
Aquestive Therapeutics has announced positive topline results from Part 1 of the EPIPHAST study for AQST-109, the first orally delivered epinephrine product. The study demonstrated rapid absorption with a median time to peak concentration (Tmax) of 13.5 minutes. AQST-109 was reported as safe and well tolerated, with no serious adverse events. Part 2 of the trial has commenced, comparing AQST-109 with traditional intramuscular injection methods. The company aims to address challenges faced by patients in managing anaphylaxis.
Aquestive Therapeutics, Inc. (NASDAQ: AQST) has received FDA clearance for its Investigational New Drug Application (IND) for AQST-109, a sublingual film designed for the emergency treatment of severe allergic reactions, including anaphylaxis. The CEO, Keith Kendall, expressed optimism about advancing this therapeutic option. AQST-109 is compact, dissolves quickly, and eliminates the need for water for administration. Anaphylaxis, which has seen a significant increase in hospital admissions, represents a critical market opportunity as the standard treatment currently is epinephrine injection.
Aquestive Therapeutics, Inc. (NASDAQ: AQST) will announce its fourth quarter and full year results for 2021 on March 8, 2022, after market close. The company will hold a conference call on March 9, 2022, at 8:00 a.m. ET. The call will be accessible via phone and also live streamed on the company's website. Aquestive focuses on innovative therapies, with a proprietary product pipeline for central nervous system diseases and partnerships with other pharmaceutical firms. The press release also emphasizes the uncertainties facing the company due to the impact of COVID-19 on its operations and product development.
Aquestive Therapeutics, Inc. (NASDAQ: AQST) will participate in the H.C. Wainwright BioConnect Virtual Conference from January 10 to January 13, 2022. The management team will present on demand during this period and also hold investor meetings. A webcast of the presentation will be accessible via the Company’s Investors section on their website, available for replay for 30 days post-event. The company focuses on developing innovative pharmaceutical products, particularly for CNS diseases, and has commercialized Sympazan®.
Aquestive Therapeutics (NASDAQ: AQST) announced that the FDA has not yet made a decision on the New Drug Application (NDA) for Libervant (diazepam) Buccal Film, intended for treating breakthrough seizures. The FDA's notice indicates regulatory issues are still under consideration, delaying an expected action beyond December 23, 2021. CEO Keith Kendall expressed surprise at the notification and emphasized the company's commitment to working closely with the FDA. Libervant was previously granted Orphan Drug Designation in 2016 and aims to provide non-invasive treatment options for patients with refractory epilepsy.
Aquestive Therapeutics (NASDAQ:AQST) has been added to the NASDAQ Biotechnology Index effective December 20, 2021, enhancing its visibility among institutional investors. This inclusion is expected to increase institutional ownership through index fund purchases. The company is anticipating a PDUFDA date for its product Libervant on December 23, 2021, targeting acute seizure treatment. Additionally, AQST-109, an epinephrine delivery film for anaphylaxis, has received FDA feedback confirming its acceptable development pathway, with patient recruitment for studies underway.
Aquestive Therapeutics (AQST) announced significant progress for AQST-109, a treatment for anaphylaxis, receiving FDA confirmation that its 505(b)(2) development pathway is acceptable. The FDA also indicated the potential for Fast Track designation for AQST-109. Additionally, Health Canada has cleared the company to start the EPIPHAST study, with patient recruitment underway. This study will compare the pharmacokinetics of AQST-109 with standard epinephrine injection. The IND filing for AQST-109 is anticipated in early Q1 2022.
Aquestive Therapeutics, Inc. (NASDAQ: AQST) will participate in the Piper Sandler 33rd Annual Virtual Healthcare Conference from November 29 to December 2, 2021. The management team will hold a fireside chat available on demand from November 22, with investor meetings scheduled for November 30. A webcast of the chat will be accessible on the Company's website for 30 days after the event. Aquestive focuses on developing innovative therapies, notably the oral film Sympazan® for central nervous system diseases. For more details, visit investors.aquestive.com.
FAQ
What is the current stock price of Aquestive Therapeutics (AQST)?
What is the market cap of Aquestive Therapeutics (AQST)?
What does Aquestive Therapeutics, Inc. specialize in?
What are some of the key products in Aquestive Therapeutics' portfolio?
What is the PharmFilm® technology?
What is Libervant Buccal Film used for?
Where does Aquestive Therapeutics derive most of its revenue from?
What is AQST-108?
How does Aquestive Therapeutics collaborate with other pharmaceutical companies?
What recent developments has Aquestive Therapeutics achieved?
Who are the primary partners in Aquestive Therapeutics' recent offering?