Aug. 18 at 3:09 AM
$AQST
SPRY: Mid-2022 to mid-2023: Stock around
$7.
Sept 2023: FDA issued a Complete Response Letter (CRL) → stock crashed to ~
$2.50-
$3.
Aug 2024: FDA approved neffy 2 mg (1 mg followed in 2025) → stock rallied to
$17-18+
AQST: Climbed higher
$7.55 into the Anaphylm NDA, got a CRL (Jan 30, 2026) purely on packaging/human-factors (pouch opening, placement, etc.-no CMC, no efficacy, no safety questions on the core data) → sold off → now sitting ~
$4.40.
From
$4.40, a clean run to
$18 on approval + launch hype is the classic biotech "fix the last regulatory risk and go vertical" move.
This is the sequel.
Enjoy the ride. Bullish