Achieve Life Sciences: An Excellent Drug Addressing A Large Market Could Drive 5x Returns
ACHVAchieve Life Sciences(ACHV) Seeking Alpha·2024-04-04 18:30
Phira Phonruewiangphing/iStock via Getty Images Achieve Life Sciences (NASDAQ:ACHV) went public via a shell company in 2017 to commercialize the smoking cessation drug Cytisinicline. Cytisinicline is derived from a plant-based compound and has a long history of use in Eastern Europe, but had not been tested in the U.S. Achieve’s central task is to usher the drug through clinical trials and the FDA approval process. Phase 3 trials are done. The company must complete a long-term safety trial before submit ...