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[BLOG] DF Research

Added to YB: 2024-04-11

Pitch date: 2024-04-01

ACHV [bullish]

Achieve Life Sciences, Inc.

-1.32%

current return

Author Info

DF Research shares (mostly) short-biased research from Dalrymple Finance. Sign up for the newsletter.

Company Info

Achieve Life Sciences, Inc., a late-stage pharmaceutical company, develops and commercializes cytisinicline for nicotine independence in Canada, the United States, and the United Kingdom.

Market Cap

$149.2M

Pitch Price

$4.55

Price Target

40.00 (+762%)

Dividend

N/A

EV/EBITDA

-2.09

P/E

-2.00

EV/Sales

N/A

Sector

Biotechnology

Category

special_situation

Show full summary:
Achieve Life Sciences - A Long Report

ACHV: Smoking cessation drug Cytisinicline, derived from plant, through Phase 3 trials. Increases quit odds 4-6x vs placebo, superior to competition. Well tolerated, excellent safety. NDA likely 1H25, potential $20-$40/share buyout. 4-9x upside.

Read full article (2 min)