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Achieve Life Sciences (ACHV)

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Achieve Life Sciences, Inc. is a late-stage clinical pharmaceutical company focused on developing cytisinicline as a treatment for nicotine dependence. The company’s work is centered on smoking cessation and vaping cessation, two public health markets shaped by tobacco use, nicotine addiction, and the continued growth of e-cigarette products. Achieve operates as a single-product development company, so its prospects are closely tied to the clinical, regulatory, and commercial path for cytisinicline.

Cytisinicline is a naturally occurring plant-based alkaloid that interacts with nicotinic acetylcholine receptors, the same receptor system involved in nicotine dependence. The aim is to reduce withdrawal symptoms and cravings, helping users quit combustible cigarettes or nicotine vaping products. Smoking cessation has long been a challenging treatment area, with existing prescription and over-the-counter options often limited by tolerability, adherence, or relapse rates. Achieve is seeking to position cytisinicline as a differentiated therapy if it can secure regulatory approval.

The company has advanced cytisinicline through late-stage clinical development for cigarette smoking cessation and has also completed a Phase 2 study in vaping cessation. It has held an end-of-Phase 2 meeting with the U.S. Food and Drug Administration for a potential vaping-related indication, an area where approved pharmaceutical treatment options are limited. Achieve’s operations span Canada, the United States, and the United Kingdom, reflecting its clinical and corporate footprint. For investors, the key considerations include trial results, FDA requirements, funding needs, intellectual property, manufacturing readiness, and the potential market for a prescription therapy targeting nicotine addiction.

5.05 USD
−0.23 (-4.35%)

Last updated

Market Cap
543.07M
P/E
P/FCF
P/S
Enterprise Value
529.89M
Sector
Health Care
Industry
In Vitro and In Vivo Diagnostic Substances
Address
22722 29TH DR. SE, SEATTLE, WA, 98021
GlobeNewswire Inc.

Achieve Life Sciences Announces Closing of Public Offering of Common Stock and Partial Exercise of Underwriters’ Option to Purchase Additional Securities

Jun 30, 2025, 19:52 PM
GlobeNewswire Inc.

Achieve Life Sciences Announces Pricing of $45.0 Million Underwritten Public Offering

Jun 26, 2025, 23:43 PM
GlobeNewswire Inc.

Achieve Life Sciences Reports Financial Results for Fourth Quarter and Year-End 2024 and Provides Update on the Cytisinicline Development Program

Mar 11, 2025, 07:30 AM
GlobeNewswire Inc.

Achieve Life Sciences Promotes Jaime Xinos to Chief Commercial Officer to Advance Commercial Readiness of Cytisinicline

Oct 16, 2024, 08:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Announces Data from Cytisinicline ORCA-V1 Program to be Presented at Society of General Internal Medicine (SGIM) Annual Meeting

May 17, 2024, 08:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Reports Financial Results for First Quarter 2024 and Provides Corporate Update

May 09, 2024, 16:01 PM
GlobeNewswire Inc.

Achieve Life Sciences Announces Publication of Cytisinicline Vaping Cessation Trial Results in JAMA Internal Medicine

May 06, 2024, 11:16 AM
GlobeNewswire Inc.

Achieve Life Sciences Reports Financial Results for Fourth Quarter and Year-End 2023 and Provides Corporate Update

Mar 28, 2024, 16:01 PM
GlobeNewswire Inc.

Achieve Life Sciences Announces Participation at Upcoming Investor Conferences

Mar 06, 2024, 08:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Reaches Agreement with the FDA on Long-Term Cytisinicline Exposure Data Requirements for NDA Submission

Feb 29, 2024, 08:01 AM
GlobeNewswire Inc.

Achieve Life Sciences Announces Participation at Upcoming Investor Conferences

Dec 11, 2023, 16:30 PM
GlobeNewswire Inc.

Achieve Life Sciences Reports Financial Results for Third Quarter and Provides Corporate Update

Nov 09, 2023, 16:00 PM
GlobeNewswire Inc.

Achieve Life Sciences Announces Participation at Upcoming Investor Conferences

Oct 03, 2023, 08:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Announces Presentation of Cytisinicline E-Cigarette Cessation (ORCA-V1) Results at Society for Research on Nicotine and Tobacco Europe (SRNT-E) Annual Meeting

Sep 11, 2023, 08:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Announces Publication of Cytisinicline Phase 3 ORCA-2 Smoking Cessation Trial in Journal of the American Medical Association (JAMA)

Jul 11, 2023, 11:23 AM
MarketWatch

Lowe's, PacWest, Yelp stocks rally while BJ's and Zoom Video shares fall, and other stocks on the move

May 23, 2023, 15:21 PM
GlobeNewswire Inc.

Achieve Life Sciences Reports Statistically Significant Smoking Cessation Benefit for Cytisinicline in Second, Confirmatory Phase 3 Clinical Trial

May 23, 2023, 06:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Reports Financial Results for First Quarter 2023 and Provides Corporate Update

May 09, 2023, 16:05 PM
GlobeNewswire Inc.

Achieve Life Sciences to Present at Life Science Innovation Northwest 2023 Conference

Apr 14, 2023, 08:00 AM
GlobeNewswire Inc.

Achieve Life Sciences Announces Refresh to Board of Directors

Mar 30, 2023, 08:00 AM
Market Cap
543.07M
Enterprise Value
529.89M
P/E
P/B
50.86
P/S
EV / EBITDA
-10.15
EV / Sales
EPS
-0.51
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-45.31M
ROE
-486.88%
ROA
-157.04%
Debt / Equity
1.4
Current Ratio
2.62
Quick Ratio
2.62
Cash
2.37
Avg Volume
1.28M
Fundamentals Snapshot Price
5.29

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue
Gross profit
Operating income -10.46M -15.14M -14.69M -12.56M -12.89M
EBITDA -10.41M -14.67M -14.64M -12.51M -12.83M
Net income -10.17M -14.66M -14.44M -12.72M -12.83M
Basic EPS -0.19 -0.26 -0.28 -0.37 -0.37
Diluted EPS -0.19 -0.26 -0.28 -0.37 -0.37

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 33.11M 41.79M 52.04M 58.94M 27.36M
Total liabilities 22.43M 20.27M 18.43M 17.27M 17.08M
Total equity 10.68M 21.52M 33.62M 41.67M 10.28M
Cash & equivalents 28.08M 20.93M 31.93M 51.87M 13.02M
Current assets 31.06M 39.89M 50.06M 56.9M 25M
Current liabilities 11.83M 9.08M 9.73M 8.57M 7.13M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow -6.93M -17.98M -11.33M -9.07M -11.09M
Investing cash flow 14.28M 709K -12.65M 6.7M 11.35M
Financing cash flow 21K 6.26M 4.04M 41.22M
Change in cash 7.36M -11M -19.94M 38.86M 263K
Kind Filing Date Link
edgar index 8-K — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
eight k text 8-K — 8-K View Filing
form 3 Form 3 — Farrow Jeffrey S View Filing
form 3 Form 3 — Waldman Reid Alexander View Filing
edgar index PRE 14A — ACHIEVE LIFE SCIENCES, INC. View Filing
form 4 Form 4 — Farrow Jeffrey S View Filing
form 4 Form 4 — Waldman Reid Alexander View Filing
edgar index EFFECT — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
form 3 Form 3 — Martin Christopher Nathan View Filing
edgar index 8-K — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 10-Q — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index S-3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index S-8 — ACHIEVE LIFE SCIENCES, INC. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Martin Christopher Nathan View Filing
edgar index SCHEDULE 13G/A — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index SCHEDULE 13D — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
form 3 Form 3 — Royston Aaron View Filing
edgar index SCHEDULE 13G — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index SCHEDULE 13G — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index SCHEDULE 13G — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index SCHEDULE 13D — ACHIEVE LIFE SCIENCES, INC. View Filing
form 3 Form 3 — Iancovici Lucian View Filing
form 3 Form 3 — WINKELRIED JON View Filing
form 3 Form 3 — COULTER JAMES G View Filing
form 3 Form 3 — TPG GP A, LLC View Filing
form 3 Form 3 — COULTER JAMES G View Filing
form 3 Form 3 — TPG GP A, LLC View Filing
form 3 Form 3 — WINKELRIED JON View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
form 3 Form 3 — Goldberg Andrew D. View Filing
form 4 Form 4 — Goldberg Andrew D. View Filing
form 4 Form 4 — Goldberg Andrew D. View Filing
form 4 Form 4 — Goldberg Andrew D. View Filing
edgar index S-8 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 8-K — ACHIEVE LIFE SCIENCES, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 10-K — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index S-8 — ACHIEVE LIFE SCIENCES, INC. View Filing
eight k text 8-K — 8-K View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 4 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index SCHEDULE 13G/A — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index EFFECT — ACHIEVE LIFE SCIENCES, INC. View Filing
form 4 Form 4 — Wan Jerry View Filing
form 4 Form 4 — Stewart Richard Alistair View Filing
form 4 Form 4 — Donnelly Craig View Filing
form 4 Form 4 — Xinos Jaime View Filing
form 4 Form 4 — Oki Mark K View Filing
form 4 Form 4 — Rubinstein Mark Lawrence View Filing
edgar index UPLOAD — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index CORRESP — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index S-3 — ACHIEVE LIFE SCIENCES, INC. View Filing
edgar index 3 — ACHIEVE LIFE SCIENCES, INC. View Filing
form 3 Form 3 — Rubinstein Mark Lawrence View Filing
form 3 Form 3 — Rubinstein Mark Lawrence View Filing
form 3 Form 3 — Rubinstein Mark Lawrence View Filing