Achieve Life Sciences to Present at the Jefferies Global Healthcare Conference
May 28 2025 - 8:30AM
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 the company
will present at the Jefferies Global Healthcare Conference being
held June 3–5, 2025, in New York City.
Rick Stewart, Chief Executive Officer of Achieve, will present
on Wednesday, June 4, 2025, at 5:30 PM EDT. A live webcast and
replay of the presentation will be available on the Investor
section of the company’s website. For more information, please
contact your banking representative directly or visit 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. The company has successfully completed two Phase
3 studies with cytisinicline for smoking cessation and one Phase 2
study with cytisinicline in vaping cessation. The company has fully
enrolled its ongoing open-label safety study with cytisinicline and
plans to submit its new drug application for smoking cessation in
June 2025. Achieve has also conducted a successful end-of-Phase 2
meeting with the FDA for a future vaping indication.
About CytisiniclineThere 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 over 11 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 for the treatment of nicotine addiction and has not been
approved by the Food and Drug Administration for any indication in
the United States.
Forward Looking StatementsThis 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 the
timing and nature of cytisinicline clinical development and
regulatory review and approval, data results and commercialization
activities, 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. 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, 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 our 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, 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.
Achieve ContactNicole
Jonesir@achievelifesciences.com425-686-1510
References1VanFrank B, Malarcher A, Cornelius
ME, Schecter A, Jamal A, Tynan M. Adult Smoking Cessation — United
States, 2022. MMWR Morb Mortal Wkly Rep 2024;73:633–641.2World
Health Organization. WHO Report on the Global Tobacco Epidemic,
2019. Geneva: World Health Organization, 2017.3U.S. Department of
Health and Human Services. The Health Consequences of Smoking – 50
Years of Progress. A Report of the Surgeon General, 2014.4Cornelius
ME, Loretan CG, Jamal A, et al. Tobacco Product Use Among Adults –
United States, 2021. MMWR Morb Mortal Wkly Rep
2023;72:475–483.5Jamal 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.
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