Achieve Life Sciences announced CEO Rick Stewart's participation in two upcoming conferences regarding nicotine dependence treatment developments.
Quiver AI Summary
Achieve Life Sciences, Inc., a late-stage pharmaceutical company focused on developing cytisinicline for nicotine dependence treatment, announced that CEO Rick Stewart will participate in two upcoming conferences: the H.C. Wainwright 27th Annual Global Investment Conference and the Lake Street 9th Annual Best Ideas Growth Conference, both held in New York. The company recently submitted a New Drug Application to the FDA for cytisinicline based on successful Phase 3 studies and has conducted a Phase 2 study targeting vaping cessation. Cytisinicline, a plant-based alkaloid with a strong affinity for nicotinic receptors, aims to aid smoking and vaping cessation. It has received Breakthrough Therapy designation from the FDA, highlighting its potential to address significant smoking-related health issues.
Potential Positives
- Rick Stewart, CEO of Achieve Life Sciences, will participate in two major investment conferences, providing visibility and potential networking opportunities for the company.
- The company submitted its New Drug Application for cytisinicline to the FDA in June 2025, marking a significant milestone in the regulatory process for a treatment aimed at nicotine dependence.
- Cytisinicline has received Breakthrough Therapy designation from the FDA, indicating its potential as a significant treatment option for smoking and vaping cessation.
Potential Negatives
- The company’s product, cytisinicline, has not yet received FDA approval for any indication, indicating uncertainty in its market potential.
- There are inherent risks associated with the development and commercialization of cytisinicline, including the possibility of failing to obtain necessary regulatory approval or funding.
- Forward-looking statements highlight significant risk factors that could impact the company's ability to achieve its goals, including potential market changes and competition in smoking and vaping cessation treatments.
FAQ
What is Achieve Life Sciences focused on?
Achieve Life Sciences focuses on developing cytisinicline as a treatment for nicotine dependence and smoking cessation.
When is Rick Stewart participating in the conferences?
Rick Stewart will participate in conferences on September 8 and September 11, 2025.
What is cytisinicline?
Cytisinicline is a plant-based alkaloid aimed at aiding in nicotine addiction treatment for smoking and e-cigarette cessation.
Has cytisinicline received any FDA designations?
Yes, cytisinicline has been granted Breakthrough Therapy designation by the FDA for its potential in nicotine cessation.
How can investors contact Achieve Life Sciences?
Investors can contact Achieve Life Sciences via email at [email protected] or call 425-686-1510.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ACHV Insider Trading Activity
$ACHV insiders have traded $ACHV stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ACHV stock by insiders over the last 6 months:
- MARK K OKI (Chief Financial Officer) purchased 10,000 shares for an estimated $28,887
- RICHARD ALISTAIR STEWART (Chieve Executive Officer) purchased 10,000 shares for an estimated $28,598
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ACHV Hedge Fund Activity
We have seen 38 institutional investors add shares of $ACHV stock to their portfolio, and 46 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PROPEL BIO MANAGEMENT, LLC added 3,699,999 shares (+150.8%) to their portfolio in Q2 2025, for an estimated $8,361,997
- ALYESKA INVESTMENT GROUP, L.P. added 3,083,333 shares (+732.4%) to their portfolio in Q2 2025, for an estimated $6,968,332
- FRANKLIN RESOURCES INC added 2,000,079 shares (+81.3%) to their portfolio in Q2 2025, for an estimated $4,520,178
- BLACKROCK, INC. removed 1,739,315 shares (-84.7%) from their portfolio in Q2 2025, for an estimated $3,930,851
- CLEARLINE CAPITAL LP added 1,326,259 shares (+inf%) to their portfolio in Q2 2025, for an estimated $2,997,345
- SOFINNOVA INVESTMENTS, INC. removed 1,306,482 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $3,488,306
- HUDSON BAY CAPITAL MANAGEMENT LP added 1,173,532 shares (+inf%) to their portfolio in Q2 2025, for an estimated $2,652,182
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$ACHV Analyst Ratings
Wall Street analysts have issued reports on $ACHV in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 08/21/2025
To track analyst ratings and price targets for $ACHV, check out Quiver Quantitative's $ACHV forecast page.
Full Release
SEATTLE and VANCOUVER, British Columbia, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Achieve Life Sciences, Inc. (Nasdaq: ACHV), a late-stage specialty pharmaceutical company focused on the global development and commercialization of cytisinicline as a treatment of nicotine dependence for smoking cessation, today announced that Rick Stewart, CEO of Achieve Life Sciences, will be participating at two upcoming conferences. Details are as follows:
H.C. Wainwright 27th Annual Global Investment Conference
Date: Monday, September 8, 2025
Time: 11:00 – 11:30 am ET
Event: Fireside Chat with equity research analyst, Brandon Folkes
Location: New York, NY
Webcast
Lake Street 9th Annual Best Ideas Growth Conference (BIG9)
Date: Thursday, September 11, 2025
Event: One-on-one meetings
Location: New York, NY
To arrange one-on-one meetings and for more information, contact your banking representatives directly or refer to the Achieve Life Sciences Investor Relations website .
About Achieve Life Sciences, Inc.
Achieve Life Sciences is a late-stage specialty pharmaceutical company committed to addressing the global smoking health and nicotine dependence epidemic through the development and commercialization of cytisinicline. In June 2025, the company submitted its New Drug Application to the FDA for cytisinicline as a treatment of nicotine dependence for smoking cessation in adults, based on two successfully completed Phase 3 studies and its fully enrolled open-label safety study. Additionally, the company has completed a Phase 2 study with cytisinicline in vaping cessation and conducted a successful end-of-Phase 2 meeting with the FDA for a future vaping indication.
About Cytisinicline
There are approximately 29 million adults in the United States who smoke combustible cigarettes.
1
Tobacco use is currently the leading cause of preventable death that is responsible for more than eight million deaths worldwide and nearly half a million deaths in the United States annually.
2,3
More than 87% of lung cancer deaths, 61% of all pulmonary disease deaths, and 32% of all deaths from coronary heart disease are attributable to smoking and exposure to secondhand smoke.
3
In addition, there are approximately 17 million adults in the United States who use e-cigarettes, also known as vaping. 4 In 2024, approximately 1.6 million middle and high school students in the United States reported using e-cigarettes. 5 There are no FDA-approved treatments indicated specifically as an aid to nicotine e-cigarette cessation. Cytisinicline has been granted Breakthrough Therapy designation by the FDA to address this critical need.
Cytisinicline is a plant-based alkaloid with a high binding affinity to the nicotinic acetylcholine receptor. It is believed to aid in treating nicotine addiction for smoking and e-cigarette cessation by interacting with nicotine receptors in the brain, reducing the severity of nicotine craving symptoms, and reducing the reward and satisfaction associated with nicotine products. Cytisinicline is an investigational product candidate being developed as a treatment of nicotine dependence for smoking cessation and has not been approved by the Food and Drug Administration for any indication in the United States.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding expectations regarding the use of proceeds from the public offering, the timing and nature of cytisinicline clinical development and regulatory review and approval, data results and commercialization activities, the potential benefits of the partnership with Omnicom, the potential market size for cytisinicline, the potential benefits, efficacy, safety and tolerability of cytisinicline, the development and effectiveness of new treatments, and the successful commercialization of cytisinicline. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, among others, the risk that cytisinicline may not demonstrate the hypothesized or expected benefits; the risk that Achieve may not be able to obtain additional financing to fund the development and commercialization of cytisinicline; the risk that cytisinicline will not receive regulatory approval in a timely manner or at all, or be successfully commercialized; the risk that new developments in the smoking and vaping cessation landscapes require changes in business strategy or clinical development plans; the risk that Achieve’s intellectual property may not be adequately protected; general business and economic conditions; risks related to the impact on Achieve’s business of macroeconomic and geopolitical conditions, including fluctuating inflation, interest and tariff rates, volatility in the debt and equity markets, actual or perceived instability in the global banking system, global health crises and pandemics and geopolitical conflict and the other factors described in the risk factors set forth in Achieve’s filings with the Securities and Exchange Commission from time to time. Achieve may not actually achieve its plans or product development goals in a timely manner, if at all, or otherwise carry out its intentions or meet its expectations or projections disclosed in these forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including Achieve’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Achieve undertakes no obligation to update the forward-looking statements contained herein or to reflect events or circumstances occurring after the date hereof, other than as may be required by applicable law.
Investor Contact:
Nicole Jones
Achieve Life Sciences, Inc.
Email: [email protected]
Phone: 425-686-1510
References
1
VanFrank B, Malarcher A, Cornelius ME, et al. Adult Smoking Cessation — United States, 2022. MMWR Morb Mortal Wkly Rep 2024;73:633–641.
2
World Health Organization. WHO Report on the Global Tobacco Epidemic, 2019. Geneva: World Health Organization, 2017.
3
U.S. Department of Health and Human Services. The Health Consequences of Smoking – 50 Years of Progress. A Report of the Surgeon General, 2014.
4
Vahratian A, Briones EM, Jamal A, Marynak KL. Electronic cigarette use among adults in the United States, 2019–2023. NCHS Data Brief, no 524. Hyattsville, MD: National Center for Health Statistics. 2025.
5
Jamal A, Park-Lee E, Birdsey J, et al. Tobacco Product Use Among Middle and High School Students — National Youth Tobacco Survey, United States, 2024. MMWR Morb Mortal Wkly Rep 2024;73:917–924.