Acasti Pharma Schedules Conference Call for August 4th at 1:00 PM ET to Discuss Planned Acquisition of Grace Therapeutics
Acasti Pharma, Inc. - Class A (ACST)
Last acasti pharma, inc. - class a earnings: 2/14 08:00 am
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Source: GlobeNewswire
LAVAL, Québec, July 23, 2021 (GLOBE NEWSWIRE) -- Acasti Pharma Inc. (“Acasti” or the “Company”) (Nasdaq: ACST and TSX-V: ACST) announces it will host a business update conference call on Wednesday, August 4th at 1:00 PM ET to discuss the planned acquisition of Grace Therapeutics, Inc. (“Grace”), a privately held emerging biopharmaceutical company focused on developing innovative drug delivery technologies for the treatment of rare and orphan diseases. Acasti plans to provide additional context on the proposed Grace acquisition and its benefits, including Grace’s: diversified drug pipeline with multiple, high quality clinical assets;significant addressable market opportunities;three clinical stage assets with a potentially shorter timeline to key milestones;efficient and lower-cost clinical and regulatory pathway;and a strong and growing intellectual property portfolio. Additionally, management plans to discuss how this acquisition represents a unique opportunity for Acasti
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