SEATTLE, Wash. and VANCOUVER, British Columbia, June 21, 2019 /PRNewswire/ -- Achieve Life
Sciences, Inc. (Nasdaq: ACHV), a clinical-stage pharmaceutical
company focused on nicotine addiction, today announced that an
abstract featuring data from the Phase 2b ORCA-1 trial has been accepted for oral
presentation at the SRNT-E Annual Conference, to be held in
Oslo, September 12-14, 2019.
The abstract "A Multicenter, Double-blind, Randomized,
Placebo-controlled Phase 2b Trial of
Cytisinicline in Adult Smokers" and oral presentation will include
updated cytisinicline data from the recently completed ORCA-1
trial.
As recently reported, the 254-subject ORCA-1 dose-selection
trial of cytisinicline demonstrated a statistically significant
improvement in quit rates for a simplified 3.0 mg, three times
daily dose administered over a 25-day treatment period. In the
trial, adherence to study treatment was greater than 98.5% across
all arms and cytisinicline was well-tolerated with no serious
adverse events reported.
Additional information on cytisinicline and the ORCA program can
be found at www.achievelifesciences.com and
www.orcaprogram.com.
About Cytisinicline
Tobacco use is currently the
leading cause of preventable death and is responsible for nearly
seven million deaths annually worldwide1. It is
estimated that 28.7% of cancer deaths in the U.S. are attributable
to cigarette smoking2. Achieve's focus is to address the
global smoking health epidemic through the development and
commercialization of cytisinicline.
Cytisinicline is a plant-based alkaloid with a high binding
affinity to the nicotinic acetylcholine receptor. It is believed to
aid in smoking cessation by interacting with nicotine receptors in
the brain by reducing the severity of nicotine withdrawal symptoms
and by reducing the reward and satisfaction associated with
smoking.
As an approved, branded product in Central and Eastern Europe for more than two decades, it
is estimated that over 20 million people have used cytisinicline to
help combat nicotine addiction.
About ORCA-1
ORCA-1 is the first in Achieve's ORCA
(Ongoing Research of Cytisinicline for
Addiction) Program, which aims to evaluate the safety and
effectiveness of cytisinicline for smoking cessation and
potentially other addiction indications. The study was designed to
evaluate the declining titration schedule, currently utilized in
Central and Eastern Europe,
compared to a simplified TID schedule at both the 1.5 mg and 3 mg
cytisinicline doses compared to placebo. ORCA-1 topline results
were announced in June 2019 and
enrolled 254 smokers at eight centers across 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 the planned
cytisinicline clinical development activities, the timing of
clinical development activities related to cytisinicline, the
potential market size for cytisinicline and the potential
benefits 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 of
cytisinicline; the risk that cytisinicline will not receive
regulatory approval or be successfully commercialized; the risk
that new developments in the smoking cessation landscape 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; 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 law.
Achieve Contact
Jason
Wong
jwong@bplifescience.com
(415) 375-3340 ext. 4
"ORCA is a trademark of Achieve Life Sciences, Inc."
1 World Health Organization. WHO Report on the Global
Tobacco Epidemic, 2017. Geneva:
World Health Organization, 2017
2 Annals of Epidemiology , Volume 25 , Issue 3 ,
179 - 182.e1
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SOURCE Achieve Life Sciences, Inc.