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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 Rosmorducon Jun 29, 2020 10:28pm
140 Views
Post# 31205965

RE:Transcript

RE:TranscriptFrom the transcript, Jan states:

"We're carefully considering the FDA's comments on the Trilogy 1 data, and we will continue to conduct further post-hoc analysis based on their feedback. We are also now working to finalize the statistical analysis plan for Trilogy 2, which we plan to submit to the FDA by the end of July".

Can somebody please explain to me what is going on here because this was also noted in the PR from this morning. 

1) Is Jan not listening to what the FDA is saying i.e. that ACST cannot change the statistical analysis plan? 
2) Or is the FDA leaving this door open?

I don't get it! Somebody please explain...
Bullboard Posts