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Acasti Pharma Inc ACST

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

Comment by Rosmorducon Jun 29, 2020 5:18pm
104 Views
Post# 31205091

RE:Incorrect design trial

RE:Incorrect design trialEvery word you are stating Francine - I agree with 100%.

The BOD had the chance to flush Jan out last year but Haywood came to her rescue (don't know why?). We are stuck with her incompetence and evasiveness now...she just wasted 6 monhts of shareholder's valuable time leaving us in the dark. And it is incompetence because it doesn't take a doctor to know that severe diet reduces TG. A simple medical technician knows that! Jan is aware EXACTLY what happened during Trilogy 1 and that's why an outside expert was hired to she can save her behind. Today, she um'ed and aw'ed her way through the conference call, acted stupid (on purpose) and pleaded innocence: that's what negligent CEOs do when they screw up (not take the blame and not own their mistake).  

CAPRE is a "blockbuster drug" and we have to use Jan's incompetence to average down here. I see this as a gift. Trilogy 2 might have the same effect but to a much lesser extent and it should drive the NDA to the finish line rather easily based on my study of the data. Jan knows this very well but can't announce it freely to the world without the unblinding. 

Added more today and I have some dry powder to keep adding even more. I can see this as a 10 bagger from these levels.  

Trilogy 2 will make it for us and if Jan is booted in the interim or right after the NDA, that will give the stock an even further boost. 


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