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Benzinga
Benzinga
Business
Vandana Singh

Achieve Life Sciences Inches Closer To FDA Nod For First New Quit-Smoking Drug In 20 Years

FDA Achieve Life Sciences Achieve Smoking ACHV
Number,Of,Cigarettes,Isolated,Tobacco,Danger,Close,Up,Quit,Smoking

Achieve Life Sciences Inc. (NASDAQ:ACHV) is moving closer to a pivotal moment as it seeks FDA approval for cytisinicline, a potential first new smoking cessation therapy in nearly two decades, positioning the company for a high-stakes commercial launch in 2026.

In a vote of confidence for the late-stage specialty pharmaceutical company’s pipeline with a focus on smoking health and nicotine dependence, HC Wainwright has initiated coverage on Achieve Life Sciences with a Buy rating and a $12 price forecast.

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