Acasti Pharma Set to Showcase Innovations at Global Conference
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Acasti Pharma Announces Participation in Major Investment Conference
Acasti Pharma Inc. (NASDAQ: ACST), a biopharma company renowned for its focus on treatments for rare diseases, is set to participate in a key event, the H.C. Wainwright 26th Annual Global Investment Conference. This event, running from September 9th to 11th, will take place in a prominent venue in New York.
Leadership Engagement and Presentation Details
Prashant Kohli, the Chief Executive Officer of Acasti, will be available for one-on-one meetings, providing an opportunity for investors and stakeholders to engage directly with leadership on September 9th and 10th. Acasti will showcase its latest advancements, including a presentation titled 'Acasti Corporate Presentation,' set to be available on-demand starting September 9th at 7:00 AM EDT.
Focus on GTX-104: A Novel Treatment for aSAH
One of the main highlights of Acasti's portfolio is GTX-104. This innovative injectable formulation of nimodipine is specifically designed to address the critical medical needs of patients suffering from aneurysmal subarachnoid hemorrhage (aSAH), a serious and often life-threatening condition. GTX-104 is poised to revolutionize treatment delivery with its unique nanoparticle technology, enabling effective IV infusion that bypasses some of the limitations associated with traditional methods.
Benefits of GTX-104 in Patient Care
GTX-104 enhances patient care by allowing intravenous administration, which can be particularly beneficial for unconscious or dysphagic patients who are unable to receive oral medication. This mode of delivery significantly reduces drug interactions and potential dosing errors while also managing hypotension effectively, which is crucial in aSAH treatment scenarios. With substantial research backing its efficacy and safety, GTX-104 has already been tested in over 150 healthy volunteers.
The Acasti Pediatric Portfolio
Acasti also presents GTX-102, a concentrated oral-mucosal spray of betamethasone aimed at alleviating neurological symptoms in patients diagnosed with Ataxia-Telangiectasia (A-T). Despite the considerable promise of GTX-102, Acasti has chosen to deprioritize its further development in favor of intensifying efforts on GTX-104's advancement.
GTX-101: A Non-Narcotic Pain Management Solution
Additionally, Acasti has developed GTX-101, a topical formulation of bupivacaine aimed at providing relief from postherpetic neuralgia (PHN). While the initial results are promising, Acasti has redirected its resources toward the more pressing development of GTX-104. The advancements presented at the conference will likely highlight the potential of both GTX-102 and GTX-101 in the broader context of drug development.
About Acasti Pharma
Acasti is dedicated to the development of innovative therapies that address unmet needs in rare and orphan diseases. The company's pioneering drug delivery technologies support faster action onset and enhanced efficacy, which is crucial in critical care settings. Furthermore, Acasti has secured Orphan Drug Designation from the FDA for its lead assets, ensuring exclusivity for their therapies upon market approval. This valuable protection is underpinned by a strong patent portfolio comprising over 40 granted and pending patents.
As Acasti continues to evolve, staying informed through their developments at the H.C. Wainwright conference can provide valuable insights for investors and healthcare professionals alike.
Frequently Asked Questions
What is the primary focus of Acasti Pharma?
Acasti Pharma focuses on developing drugs for rare and orphan diseases, particularly through innovative delivery technologies.
When will Acasti present at the H.C. Wainwright conference?
Acasti's corporate presentation will be available on-demand starting September 9, at 7:00 AM EDT.
What is GTX-104 used for?
GTX-104 is an injectable formulation of nimodipine designed to treat patients suffering from aneurysmal subarachnoid hemorrhage (aSAH).
How does GTX-104 improve treatment delivery?
GTX-104 allows for intravenous delivery, which can eliminate the need for oral administration and reduce dosage errors and drug interactions.
What other products are in Acasti's pipeline?
Acasti is also developing GTX-102, a betamethasone spray for Ataxia-Telangiectasia, and GTX-101, a bupivacaine spray for postherpetic neuralgia.
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