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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 ferraridanon Jan 21, 2020 9:02pm
178 Views
Post# 30580658

RE:RE:RE:Placebo effect??

RE:RE:RE:Placebo effect??The PR of Jan 13 has already said that T2 results to be released by mid Feb and analsysis of root cause of T1 placebo anomaly by end of Feb.  You will have to sit tight until then and expect SP to drift lower until those releases as shareholders become nervous and sell.  
The real risk here is not lack of communication from management since they have already laid out their timeline, but possiblility that T2 results mirror what we saw in T1. This is possible if the cause of the placebo effect was not an error but embedded in the trial design (diet, concomitant drugs, etc.).  If that occurs expect SP to get to $0.50 range which I think would be a tremendous buying opportunity  since we know Capre works and they would have to do another P3 trial to prove this.  On the other hand if T2 results are positive and some type of error is discovered in those 5 sites of T1 then SP could easily be back in the $2 range.
Bullboard Posts