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Grace Therapeutics, Inc GRCE

Grace Therapeutics, Inc., formerly Acasti Pharma Inc., is a late-stage biopharma company with drug candidates addressing rare and orphan diseases. Its therapeutic pipeline consists of three clinical-stage drug candidates supported by an intellectual property portfolio of over 40 granted and pending patents in various jurisdictions. Its lead drug candidate, GTX-104, is a clinical-stage, novel, injectable formulation of nimodipine being developed for intravenous (IV) infusion in aneurysmal subarachnoid hemorrhage (aSAH) patients to address significant unmet medical needs. GTX-104 provides a convenient IV delivery of nimodipine in the intensive care unit, eliminating the need for nasogastric tube administration in unconscious or dysphagic patients. Its other pipeline drug candidates include GTX-102, which is an oral-mucosal betamethasone spray for the treatment of Ataxia Telangiectasia and GTX-101, which is a topical bio adhesive film-forming bupivacaine spray for Postherpetic Neuralgia.


NDAQ:GRCE - Post by User

Bullboard Posts
Comment by deadderon Apr 23, 2018 4:38pm
123 Views
Post# 27928627

RE:RE:RE:Halt, pending company news!

RE:RE:RE:Halt, pending company news!

Overnight Deal

An offering of previously issued stock that is not usually tradedFor example, a publicly-traded company may make an overnight deal to sell some of its stock that it previously issuedbut still owns (because many publicly-traded companies own a portion of their own stock).Overnight deals are often less expensive than new issues because there are no underwritingcostsThere is also less downward pressure on the share price because the number of shares outstanding does not increase.
Bullboard Posts