Acasti Pharma Inc ACST

Healthcare

Acasti Pharma Inc. is a Canada-based late-stage biopharma company with drug candidates addressing rare and orphan diseases. The Company is targeting three underserved orphan diseases: GTX-104, an intravenous infusion targeting subarachnoid hemorrhage (SAH), a rare and life-threatening medical emergency, in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull; GTX-102, an oral mucosal spray targeting ataxia-telangiectasia (A-T), a progressive, neurodegenerative genetic disease that primarily impacts children causing severe disability; and GTX-101, a topical spray, targeting postherpetic neuralgia, a persistent and often debilitating neuropathic pain caused by nerve damage from the varicella zoster virus (shingles). The Company’s clinical assets have each been granted Orphan Drug Designation by the FDA, which provides seven years of marketing exclusivity post-launch in the United States, and additional intellectual property protection.

NDAQ:ACST - Post by User

Acasti Pharma Inc

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Post by Francine01on Jul 03, 2019 5:51pm

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Mackie - July 2nd

On Thursday, Uddin reiterated his “Speculative Buy” rating and $8.70 target price for Acasti, representing a projected 12-month return of 469 per cent at the time of publication.
“ACST has a strong looking chart as the stock has consolidated for three years. Volume has now picked up – the stock has moved out of its triangle formation. We expect ACST to have a good run into Phase III results,” says Uddin.

https://www.cantechletter.com/2019/07/time-to-hop-on-board-acasti-pharma-says-mackie-research/

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