ACER - Acer Therapeutics Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
3.3790
-0.0610 (-1.77%)
As of 12:17PM EDT. Market open.
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Previous Close3.4400
Open3.4300
Bid3.3000 x 800
Ask3.3800 x 800
Day's Range3.2250 - 3.4300
52 Week Range1.8700 - 31.9900
Volume28,474
Avg. Volume340,756
Market Cap34.112M
Beta (3Y Monthly)1.72
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
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    Newton drugmaker Acer cuts more than two dozen staff after FDA rejection

    Newton startup Acer Therapeutics is slashing its staff by more than half and halting work on its lead drug candidate for a tissue disorder after the FDA rejected an early application for it late last month.

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    Attention Biotech Investors: Mark Your Calendar For These July PDUFA Dates

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  • Acer Shares Down on FDA's CRL for Genetic Disorder Treatment
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    Acer Shares Down on FDA's CRL for Genetic Disorder Treatment

    Acer Therapeutics Inc. (ACER) receives a Complete Response Letter from the FDA regarding its new drug application for Edsivo for the treatment of vascular Ehlers-Danlos syndrome.

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  • TheStreet.com

    Acer Plummets After FDA Declines to OK Rare Genetic Disorder Treatment

    plummeted by nearly 80% toward a record low after the pharmaceutical company said the Food and Drug Administration declined to approve its treatment for a genetic disorder that can cause blood vessels to fatally rupture. The treatment, Edsivo (celiprolol), was developed to treat patients with vascular Ehlers-Danlos syndrome (vEDS), a rare but severe hereditary disorder of the connective tissue. In its response letter, the FDA has asked the company to conduct an "adequate and well-controlled trial" to determine whether Edsivo reduces the risk of clinical events in patients with vEDS.

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  • MarketWatch

    Acer Therapeutics stock loses over 80% of its value after receiving CRL from FDA for Edsivo

    Acer Therapeutics Inc. said Tuesday it received a complete response letter (CRL) from the U.S. Food and Drug Administration regarding its new drug application (NDA) for Edsivo, a treatment of vascular Ehlers-Danlos syndrome (vEDS). After resuming trade following a halt for news, the stock plummeted 81% toward a record low in premarket trading. Volume of over 140,000 shares was already more than the full-day average of about 97,000 shares. The CRL says Acer will have to conduct an adequate and well-controlled trial to determine whether Edsivo (celiprolol) lowers the risk of clinical events in patients with vEDS. "We remain committed to working closely with the FDA to fully understand its response," Acer Chief Executive Chris Schelling said in a statement. "We expect to respond to the FDA in the third quarter of this year." The stock has lost 4.2% year to date through Monday, while the Dow Jones Industrial Average has gained 14.6%.

  • Reuters

    FDA declines to approve Acer Therapeutics' treatment for rare genetic disorder

    The treatment, Edsivo, aims to treat vascular Ehlers-Danlos syndrome (vEDS)- the most severe type of a hereditary disorder of the connective tissue. FDA, in its complete response letter, has asked Acer to conduct further trials to determine the efficiency of Edsivo in treating patients with vEDS, Acer said. "We expect to respond to the FDA in the third quarter of this year," Acer Chief Executive Officer Chris Schelling said.

  • Reuters

    UPDATE 2-FDA declines to approve Acer Therapeutics' rare genetic disorder treatment

    Acer Therapeutics Inc said on Tuesday the U.S. Food and Drug Administration declined to approve its treatment for a severe, rare genetic disorder that can cause blood vessels to fatally rupture, sending its shares plunging as much as 78%. The treatment, Edsivo, aims to treat vascular Ehlers-Danlos syndrome (vEDS)- the most severe type of a hereditary disorder of the connective tissue. The agency, in its complete response letter, has asked Acer to conduct a clinical trial to determine the efficiency of Edsivo in treating patients with vEDS, Acer said.

  • Benzinga

    Wedbush Remains Bullish On Acer Therapeutics, Says Edsivo Review Appears On Track

    The PDUFA date for a potential FDA approval of Edsivo for the treatment of Vascular Ehlers-Danlos Syndrome (vEDS) patients is scheduled for June 25, Chico said in the note. Regarding investor concern around whether the data supporting Edsivo’s filing was too limited for an FDA approval, Chico said that it is consistent with the filings of recently approved orphan indications.

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