Grace Therapeutics to Participate in the TD Cowen 46th Annual Health Care Conference
Rhea-AI Summary
Grace Therapeutics (Nasdaq: GRCE) announced CEO Prashant Kohli will present at TD Cowen’s 46th Annual Health Care Conference in Boston on March 4, 2026 at 10:30 AM ET. An archived replay will be available for 90 days, and the CEO will also take part in investor meetings.
According to the company, Grace is advancing GTx-104, a clinical-stage injectable nimodipine formulation for IV infusion targeting aneurysmal subarachnoid hemorrhage patients.
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News Market Reaction – GRCE
On the day this news was published, GRCE declined 1.21%, reflecting a mild negative market reaction. This price movement removed approximately $749K from the company's valuation, bringing the market cap to $61M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
GRCE was up 2.49% while peers showed mixed moves: PSTV up 3.02%, ANVS up 12.13%, and others like PEPG and VRCA slightly down. Momentum scanner flagged only two peers (PSTV, ANVS), so the move appeared more stock-specific than broad sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 12 | Earnings and NDA update | Positive | -1.7% | Q3 2026 results, NDA progress, and PDUFA date of April 23, 2026. |
| Nov 17 | Investor conference | Positive | -2.0% | CEO presentation at Craig-Hallum Alpha Select investor conference. |
| Nov 13 | Earnings and NDA acceptance | Positive | +2.3% | Q2 2026 results, NDA acceptance, patent extension to 2043. |
| Nov 11 | Clinical presentation | Positive | +0.4% | Phase 3 STRIVE-ON trial abstract accepted for major neurology meeting. |
| Oct 23 | Financing and NDA update | Positive | +1.9% | Raised ~$4.0M via warrant exercises after NDA acceptance for GTx-104. |
Across recent updates – including NDA, clinical, financing, and conference news – GRCE showed 3 aligned and 2 divergent price reactions, indicating mixed but somewhat constructive responses to news.
Over the last several months, Grace Therapeutics has focused on advancing GTx-104 toward potential approval. The FDA accepted the NDA and set a PDUFA target date of April 23, 2026, supported by Phase 3 STRIVE-ON safety data. The company narrowed its net loss to $2.3M and strengthened its balance sheet with warrant exercises raising about $4.0M. Prior news included positive clinical presentations and participation in investor conferences, positioning today’s conference announcement as part of ongoing outreach and pre-commercial preparation.
Market Pulse Summary
This announcement highlights Grace Therapeutics’ participation in a major healthcare investor conference, including a presentation on March 4, 2026 at 10:30 AM Eastern Time and additional one-on-one meetings. It fits into an ongoing pattern of investor outreach alongside progress on GTx-104, which has an FDA PDUFA date of April 23, 2026. Investors may focus on how management uses such events to discuss clinical data, regulatory timelines, cash resources, and commercialization planning for GTx-104.
Key Terms
nimodipine medical
iv infusion medical
aneurysmal subarachnoid hemorrhage medical
AI-generated analysis. Not financial advice.
PRINCETON, N.J., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Grace Therapeutics, Inc. (Nasdaq: GRCE) (Grace Therapeutics or the Company), a late-stage, biopharma company advancing GTx-104, a clinical-stage, novel, injectable formulation of nimodipine being developed for IV infusion to address significant unmet medical needs in aneurysmal subarachnoid hemorrhage (aSAH) patients, today announced that Chief Executive Officer Prashant Kohli will participate and present in TD Cowen’s 46th Annual Health Care Conference, to be held March 2-4, 2026 in Boston, MA.
Mr. Kohli’s presentation is schedule for March 4, 2026 at 10:30 AM Eastern Time. To register for the webcast, click here. An archived replay will be available for 90 days following the event.
In addition, Mr. Kohli will participate in one-on-one and group investor meetings.
About aneurysmal Subarachnoid Hemorrhage (aSAH)
aSAH is bleeding over the surface of the brain in the subarachnoid space between the brain and the skull, which contains blood vessels that supply the brain. A primary cause of such bleeding is the rupture of an aneurysm in the brain. The result is a relatively uncommon type of stroke (aSAH) that accounts for about
About GTx-104
GTx-104 is a clinical stage, novel, injectable formulation of nimodipine being developed for IV infusion in aSAH patients to address significant unmet medical needs. The unique nanoparticle technology of GTx-104 facilitates aqueous formulation of insoluble nimodipine for a standard peripheral IV infusion. GTx-104 provides a convenient IV delivery of nimodipine in the Intensive Care Unit potentially eliminating the need for nasogastric tube administration in unconscious or dysphagic patients. Intravenous delivery of GTx-104 also has the potential to lower food effects, drug-to-drug interactions, and eliminate potential dosing errors. Further, GTx-104 has the potential to better manage hypotension in aSAH patients. GTx-104 has been administered in over 200 patients and healthy volunteers and was well tolerated with significantly lower inter- and intra-subject pharmacokinetic variability compared to oral nimodipine.
About Grace Therapeutics
Grace Therapeutics, Inc. (Grace Therapeutics or the Company) is a late-stage biopharma company with drug candidates addressing rare and orphan diseases. Grace Therapeutics’ novel drug delivery technologies have the potential to improve the performance of currently marketed drugs by achieving faster onset of action, enhanced efficacy, reduced side effects, and more convenient drug delivery. Grace Therapeutic’s lead clinical assets have each been granted Orphan Drug Designation by the FDA, which provides seven years of marketing exclusivity post-launch in the United States if certain conditions are met at NDA approval, and additional intellectual property protection with over 40 granted and pending patents. Grace Therapeutics’ lead clinical asset, GTx-104, is an IV infusion targeting aneurysmal Subarachnoid Hemorrhage (aSAH), a rare and life-threatening medical emergency in which bleeding occurs over the surface of the brain in the subarachnoid space between the brain and skull.
For more information, please visit: www.gracetx.com.
For more information, please contact:
Grace Therapeutics Contact:
Prashant Kohli
Chief Executive Officer
Tel: 609-322-1602
Email: info@gracetx.com
www.gracetx.com
Investor Relations:
LifeSci Advisors
Mike Moyer
Managing Director
Phone: 617-308-4306
Email: mmoyer@lifesciadvisors.com