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Friday, June 21, 2019

Achieve Life Sciences up after cytisinicline data OKd for presentation

Achieve Life Sciences (NASDAQ:ACHVannounces that an abstract featuring data from the Phase 2b ORCA-1 dose-selection study of cytisinicline for smoking cessation has been accepted for oral presentation at the Society for Research on Nicotine & Tobacco Europe (SRNT-E) Annual Conference, to be held in Oslo, September 12-14, 2019.
The study demonstrated a significant improvement in quit rates over a 25-day treatment period. In the trial, adherence to study treatment was greater than 98.5% across all arms and cytisinicline was well-tolerated with no serious adverse events reported.
Cytisinicline is a plant-based alkaloid with a high binding affinity to the nicotinic acetylcholine receptor.
Shares are up 15% premarket.

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