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Achieve Life Sciences Presents Data at SRNT Demonstrating Successful Cessation in Smokers with Extensive Prior Treatment Exposure; and on Participant Experience in the ORCA-OL Study

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Achieve Life Sciences (Nasdaq: ACHV) reported pooled Phase 3 findings showing meaningful quitting success with cytisinicline in 1,602 people who smoke, including those with prior exposure to varenicline, bupropion, and NRT.

Late-breaking ORCA-OL survey data describe participant experience with extended cytisinicline use up to one year. Presentations occur at SRNT 2026 (March 4–7) in Baltimore.

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Positive

  • Pooled analysis of 1,602 participants from Phase 3 trials
  • Benefit observed regardless of prior quit medications or number of prior quit attempts

Negative

  • No quit-rate percentages or numeric efficacy details provided in the announcement
  • Data presented at SRNT as conference presentations rather than as a regulatory submission

News Market Reaction – ACHV

+5.77%
5 alerts
+5.77% News Effect
+2.6% Peak in 3 hr 55 min
+$13M Valuation Impact
$246M Market Cap
0.4x Rel. Volume

On the day this news was published, ACHV gained 5.77%, reflecting a notable positive market reaction. Argus tracked a peak move of +2.6% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $13M to the company's valuation, bringing the market cap to $246M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Pooled Phase 3 participants: 1,602 participants Treatment duration: 6 weeks Treatment duration: 12 weeks +5 more
8 metrics
Pooled Phase 3 participants 1,602 participants ORCA-2 and ORCA-3 pooled analysis of adult smokers
Treatment duration 6 weeks Cytisinicline course evaluated for quitting success
Treatment duration 12 weeks Extended cytisinicline course evaluated for quitting success
Quit attempt subgroups ≤4 vs >4 attempts Efficacy assessed across different prior quit histories
ORCA-OL follow-up Up to one year Open-label long-term safety study treatment duration
SRNT 2026 dates March 4–7, 2026 Annual meeting where cytisinicline data are presented
Poster session time 11:30 AM–1:00 PM EST ORCA-OL post-trial survey poster on March 5, 2026
Oral presentation time 8:45–9:00 AM EST Pooled Phase 3 efficacy data on March 6, 2026

Market Reality Check

Price: $4.58 Vol: Volume 456,537 is about i...
normal vol
$4.58 Last Close
Volume Volume 456,537 is about in line with average (421,823; relative volume 1.08x). normal
Technical Price $4.33 is trading above the 200-day MA at $3.77 while still 28.13% below the 52-week high.

Peers on Argus

ACHV fell 6.28% while peers were mixed: some up (e.g., CHRS +1.85%), others down...
1 Up

ACHV fell 6.28% while peers were mixed: some up (e.g., CHRS +1.85%), others down (e.g., ELDN -5.66%). Scanner data flags only 1 peer in momentum, suggesting a stock-specific move.

Historical Context

5 past events · Latest: Jan 30 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 30 Inducement option grants Neutral +2.9% Board approved stock options for five new employees under 2024 plan.
Jan 12 CMO promotion Positive +1.8% Interim CMO confirmed as permanent, following clinical and regulatory progress.
Dec 17 Conference meetings Positive +2.6% Planned one-on-one investor meetings during J.P. Morgan Healthcare Conference.
Dec 08 Inducement awards Neutral -0.2% Stock option inducement grants for new hires under 2024 Equity Inducement Plan.
Nov 06 Q3 2025 results Positive -3.9% Reported Q3 results plus FDA NDA acceptance with PDUFA date for cytisinicline.
Pattern Detected

Recent news (management, conferences, grants) has usually seen modest positive price reactions, while the key earnings/FDA update saw a negative reaction despite substantial milestones.

Recent Company History

Over the past few months, ACHV updates have focused on corporate build‑out and advancing cytisinicline. Leadership changes such as promoting the Chief Medical Officer on Jan 12, 2026 and multiple new‑hire and executive inducement grants were followed by small price moves. The company highlighted its late‑stage program at the J.P. Morgan conference in Jan 2026. Earlier, Q3 2025 results on Nov 6, 2025 included FDA NDA acceptance with a June 20, 2026 PDUFA date, yet the stock declined, showing investors sometimes reacted cautiously to major milestones.

Regulatory & Risk Context

Active S-3 Shelf · $300,000,000
Shelf Active
Active S-3 Shelf Registration 2026-01-23
$300,000,000 registered capacity

ACHV has an effective Form S-3 shelf filed on Jan 23, 2026, registering up to $300,000,000 of various securities. The company may use future offerings for general corporate purposes, including research and clinical development, manufacturing and commercialization, working capital, debt reduction, acquisitions or investments, and capital expenditures.

Market Pulse Summary

The stock moved +5.8% in the session following this news. A strong positive reaction aligns with the...
Analysis

The stock moved +5.8% in the session following this news. A strong positive reaction aligns with the favorable Phase 3 and long‑term safety signals for cytisinicline presented at SRNT. Prior news around cytisinicline and corporate milestones has often produced modest gains, so a larger upside move would mark an acceleration in market enthusiasm. Investors could still weigh the existing $300,000,000 shelf registration and past instances where major catalysts, such as the June 20, 2026 PDUFA date, did not prevent pullbacks.

Key Terms

phase 3, open-label, nicotine replacement therapy
3 terms
phase 3 medical
"A pooled Phase 3 analysis of more than 1,600 people who smoke..."
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
open-label medical
"ORCA-OL, the open-label, long-term, exposure safety study of cytisinicline..."
Open-label describes a situation where everyone involved in a study or process knows the full details, such as who is receiving a treatment or intervention. For investors, understanding whether a project or product is open-label helps gauge the level of transparency and potential biases, influencing trust and decision-making. It’s like knowing whether a test or experiment is conducted openly or behind closed doors.
nicotine replacement therapy medical
"...including varenicline, bupropion, and nicotine replacement therapy (NRT)..."
Nicotine replacement therapy (NRT) uses controlled, lower doses of nicotine delivered by products such as patches, gum, lozenges, inhalers or sprays to ease withdrawal and reduce cravings when people quit smoking or using tobacco. For investors it matters because NRT can shift consumer behavior and revenue from traditional tobacco products toward regulated cessation and healthcare offerings—like training wheels that change where customers spend and how regulators and insurers respond.

AI-generated analysis. Not financial advice.

A pooled Phase 3 analysis of more than 1,600 people who smoke showed high quit rates; including among those who had previously not succeeded with other smoking cessation medications and regardless of the number of prior quit attempts 

Late-breaking survey data from year-long ORCA-OL safety study highlight participant experience with extended cytisinicline use

SEATTLE and VANCOUVER, British Columbia, March 04, 2026 (GLOBE NEWSWIRE) -- Achieve Life Sciences, Inc. (Nasdaq: ACHV), a late-stage specialty pharmaceutical company focused on the global development and commercialization of cytisinicline as a treatment of nicotine dependence, today announced new data showing that 6 and 12 weeks of cytisinicline delivers meaningful quitting success, regardless of participants' prior use of smoking cessation medications or number of previous quit attempts.

Achieve also announces late-breaking survey data from ORCA-OL, demonstrating participant experience with extended cytisinicline use. These findings will be presented during the Society for Research on Nicotine & Tobacco (SRNT) 2026 Annual Meeting, March 4-7 in Baltimore, Maryland.

An oral presentation will examine cytisinicline's efficacy and safety profile according to participants' prior treatment history and number of quit attempts. The analysis pools data from the ORCA-2 and ORCA-3 Phase 3 trials and examines outcomes in 1,602 participants with varying histories of prior quit medications, including varenicline, bupropion, and nicotine replacement therapy (NRT), as well as participants according to whether they had made four or fewer previous quit attempts versus more than four attempts. These analyses demonstrate cytisinicline benefit across a broad range of patients, regardless of their prior quit history.

“In this analysis, cytisinicline helped people to quit smoking, even those individuals who had failed previous quit attempts or had used FDA-approved smoking cessation medications without success,” said Dr. Nancy Rigotti, Professor of Medicine at Harvard Medical School, Director of Tobacco Research and Treatment Center, Massachusetts General Hospital, and ORCA Program Investigator. “Many people have to try to quit several times before they become smoke-free. This finding should offer hope to patients whose prior setbacks might have discouraged them from trying to quit smoking again.”

Additionally, Achieve will present late-breaking survey data from ORCA-OL, the open-label, long-term, exposure safety study of cytisinicline, which followed participants for up to one year of treatment. The voluntary post-trial survey will offer insights into patient-reported experiences with the extended use of cytisinicline beyond the 6- and 12-week courses previously studied, contributing to a more complete understanding of the treatment's impact on the lives of people who smoke as they strive to quit nicotine.

“Patient experience is hugely important for those trying to quit smoking,” said Dr. Mark Rubinstein, Chief Medical Officer of Achieve Life Sciences. “It is encouraging to see trial participants describing meaningful benefits, including successful quitting and improvements in physical health. We're committed to supporting people who want to quit smoking at every stage, whether they're trying to quit for the first time or making another attempt.”

Presentation Details:

  • Title: Cytisinicline in Adult Smokers: Post-Trial Survey From ORCA-OL
    • Session: Poster Session 1
    • Format: Poster
    • Date & Time: Thursday, March 5, 2026; 11:30 AM – 1:00 PM EST
    • Location: Key Ballroom 7-12

  • Title: Efficacy of Cytisinicline for Smoking Cessation in Adults with and without Multiple Prior Quit Attempts or Prior Pharmacotherapy Use: Pooled Analysis of Two Phase 3 Trials

    • Session: Podium 3; Session 1
    • Format: Oral Presentation
    • Date & Time: Friday, March 6, 2026; 8:45 – 9:00 AM EST
    • Location: Holiday 6

For additional information on the cytisinicline presentations and the Society for Research on Nicotine and Tobacco (SRNT) Annual Meeting please visit SRNT Annual Meeting.

About Achieve Life Sciences, Inc. 
Achieve Life Sciences, Inc. is a late-stage specialty pharmaceutical company focused on the global development and commercialization of cytisinicline as a treatment of nicotine dependence. In September 2025, the company announced that its New Drug Application, submitted to the U.S. Food and Drug Administration (FDA) in June 2025, had been accepted for review. The FDA has assigned a Prescription Drug User Fee Act (PDUFA) date of June 20, 2026. The NDA is for cytisinicline to be used as a treatment of nicotine dependence for smoking cessation in adults, based on two successfully completed Phase 3 studies and its open-label safety study. Additionally, the company has completed a Phase 2 study with cytisinicline in vaping cessation and conducted a successful end-of-Phase 2 meeting with the FDA for a future vaping indication. 

About Cytisinicline
There are approximately 29 million adults in the United States who smoke combustible cigarettes.1 Tobacco use is currently the leading cause of preventable death that is responsible for more than eight million deaths worldwide and nearly half a million deaths in the United States annually.2,3 More than 87% of lung cancer deaths, 61% of all pulmonary disease deaths, and 32% of all deaths from coronary heart disease are attributable to smoking and exposure to secondhand smoke.3

In addition, there are approximately 17 million adults in the United States who use e-cigarettes, also known as vaping.4 In 2024, approximately 1.6 million middle and high school students in the United States reported using e-cigarettes.5 There are no FDA-approved treatments indicated specifically as an aid to nicotine e-cigarette cessation. FDA has awarded the Commissioner’s National Priority Voucher for e-cigarette or vaping cessation and granted Breakthrough Therapy designation to address this critical need. 

Cytisinicline is a plant-based alkaloid with a high binding affinity to the nicotinic acetylcholine receptor. It is believed to aid in treating nicotine addiction for smoking and e-cigarette cessation by interacting with nicotine receptors in the brain, reducing the severity of nicotine craving symptoms, and reducing the reward and satisfaction associated with nicotine products. Cytisinicline is an investigational product candidate being developed as a treatment of nicotine dependence for smoking cessation and has not been approved by the FDA for any indication in 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 Achieve makes regarding the timing and nature of cytisinicline clinical development and regulatory review and approval, data results and commercialization activities, the potential market size for cytisinicline, the potential benefits, efficacy, safety and tolerability of cytisinicline, the development and effectiveness of new treatments, and the successful commercialization 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 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
Nicole Jones
VP, Strategic Communications and Stakeholder Relations
ir@achievelifesciences.com
425-686-1510

References
1VanFrank B, Malarcher A, Cornelius ME, Schecter A, Jamal A, Tynan M. Adult Smoking Cessation — United States, 2022. MMWR Morb Mortal Wkly Rep 2024;73:633–641.
2World Health Organization. WHO Report on the Global Tobacco Epidemic, 2019. Geneva: World Health Organization, 2017.
3U.S. Department of Health and Human Services. The Health Consequences of Smoking – 50 Years of Progress. A Report of the Surgeon General, 2014.
4Vahratian A, Briones EM, Jamal A, Marynak KL. Electronic cigarette use among adults in the United States, 2019–2023. NCHS Data Brief, no 524. Hyattsville, MD: National Center for Health Statistics. 2025. DOI: https://dx.doi.org/ 10.15620/cdc/174583.
5Jamal A, Park-Lee E, Birdsey J, et al. Tobacco Product Use Among Middle and High School Students — National Youth Tobacco Survey, United States, 2024. MMWR Morb Mortal Wkly Rep 2024;73:917–924.


FAQ

What did Achieve Life Sciences (ACHV) report about cytisinicline at SRNT 2026?

Achieve reported pooled Phase 3 findings showing meaningful quitting success in 1,602 participants. According to Achieve Life Sciences, benefits were seen regardless of prior pharmacotherapy use or number of prior quit attempts.

Does the ACHV pooled analysis include people who previously failed other cessation medications?

Yes, the analysis includes participants with prior use of varenicline, bupropion, and NRT. According to Achieve Life Sciences, cytisinicline showed quitting benefit across these prior-treatment groups.

How long did the ORCA-OL survey follow participants for extended cytisinicline use?

The ORCA-OL open-label safety study followed participants for up to one year of treatment. According to Achieve Life Sciences, the voluntary post-trial survey captured patient-reported experiences with extended use.

When and where will Achieve present the cytisinicline Phase 3 and ORCA-OL data?

Presentations are at SRNT 2026 in Baltimore, March 4–7, 2026. According to Achieve Life Sciences, the ORCA-OL poster is March 5 and the pooled analysis oral presentation is March 6.

Does the announcement include specific quit-rate percentages for cytisinicline?

No, the announcement does not specify numerical quit-rate percentages or exact efficacy figures. According to Achieve Life Sciences, detailed results are being presented at the SRNT meeting.

What patient groups were analyzed in the ACHV pooled Phase 3 study?

The pooled analysis examined adults by prior pharmacotherapy use and by number of previous quit attempts (≤4 versus >4). According to Achieve Life Sciences, benefit was observed across these subgroups.
Achieve Life Sciences Inc

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In Vitro & in Vivo Diagnostic Substances
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