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Aquestive Therapeutics Inc (OQ:AQST)

Business Focus: Pharmaceuticals

Sector:  Healthcare Industry:  Pharmaceuticals
 
See Regulatory Filings on SEC
Company Contact
Address: 30 Technology Dr
WARREN NJ 07059-5166
Tel: N/A
Website: https://aquestive.com
IR: See website
Key People
Daniel Barber
President, Chief Executive Officer, Director
A. Ernest Toth
Chief Financial Officer, Senior Vice President
Lori J. Braender
Chief Compliance Officer, Senior Vice President, General Counsel and Corporate Secretary
Peter E. Boyd
Senior Vice President - Information Technology, Human Resources and Communications
Cassie Jung
Senior Vice President - Operations
Kenneth W. Marshall
Senior Vice President, Chief Commercial Officer
Stephen Wargacki
Senior Vice President - Research and Development
A. Mark Schobel
Chief Innovation and Technology Officer
Carl Kraus
Chief Medical Officer
Business Overview
Aquestive Therapeutics, Inc. is a pharmaceutical company. The Company is developing pharmaceutical products to deliver complex molecules through administrations that are alternatives to invasive and inconvenient standard of care therapies. It is advancing a product pipeline for the treatment of severe allergic reactions, including anaphylaxis. It has also developed a product pipeline focused on treating diseases of the central nervous system (CNS). Its PharmFilm technology is comprised of proprietary polymer compositions that serve as film formers to hold active pharmaceutical ingredients (APIs), and excipients in place. Its product portfolio and pipeline include Anaphylm, AQST-108, and Adrenaverse. Its CNS product candidate include Libervant. The Company's Licensed commercial products and product candidates and other product includes Suboxone, Exservan, KYNMOBI, Zuplenz, Azstarys, Libervant, and Sympazan. Anaphylm is a non-device based, orally delivered epinephrine product candidate.
Financial Overview
For the three months ended 31 March 2024, Aquestive Therapeutics Inc revenues increased 8% to $12.1M. Net loss totaled $12.8M vs. income of $8.1M. Revenues reflect United States segment increase of 28% to $10.4M. Net loss reflects Interest income and other income, net decrease of 98% to $329K (income), Research and development - Balancing increase of 66% to $5.8M (expense).