other material
confidence high
sentiment neutral
materiality 0.65
Acasti Pharma rebrands as Grace Therapeutics; new ticker GRCE effective Oct 28
Grace Therapeutics, Inc.
- Company renamed Grace Therapeutics, Inc.; common stock begins trading as GRCE on Nasdaq at market open Oct 28, 2024.
- GTx-104 (nimodipine for aSAH) STRIVE-ON trial fully enrolled; data readout expected early 2025, NDA submission H1 2025.
- Virtual KOL event on GTx-104 scheduled for Nov 20, 2024 at 2pm ET.
- Company completed restructuring, rebuilt management, divested legacy assets, re-domiciled to Delaware.
- Addressable U.S. market for GTx-104 estimated at ~$300M; GTx-102 and GTx-101 development deprioritized.