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Aquestive Therapeutics (AQST) investor relations material

Aquestive Therapeutics Piper Sandler 37th Annual Healthcare Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Piper Sandler 37th Annual Healthcare Conference summary4 Dec, 2025

Strategic priorities and pipeline balance

  • Anaphylm commercialization is the top priority for 2026, with most resources allocated to its launch.

  • Early-stage pipeline programs, including Libervant and a topical epinephrine prodrug platform, are being advanced without significant financial burden.

  • Half of the company's long-term value is expected to come from future pipeline opportunities over a 3–7 year horizon.

Commercial launch and market approach

  • Commercial launch of Anaphylm is targeted for late Q1, with a focused sales force of 50–60 reps covering about 5,000 allergists.

  • The strategy emphasizes targeting allergists, expecting other prescribers to follow as awareness grows.

  • Direct-to-consumer promotion will start with non-personal channels and expand as market access improves.

Pricing, payer engagement, and market expansion

  • Pricing will be set post-approval, aiming to align with current market norms and highlight product innovation.

  • Active pre-approval engagement with payers is ongoing, leveraging learnings from competitors and preparing for challenging negotiations.

  • Needle-free modalities are expected to expand the market by addressing barriers like bulkiness and needle aversion, with significant growth potential over time.

Payer access strategy post-PDUFA
Pipeline's role in future company value
Anaphilm's clinical edge over IM injections
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Frequently asked questions

Aquestive Therapeutics Inc. is a pharmaceutical company focused on developing and commercializing innovative therapies using its proprietary drug delivery technology. The company specializes in orally administered films designed to improve the efficacy, safety, and convenience of treatments for patients with central nervous system disorders and other medical conditions. Aquestive also partners with other pharmaceutical companies to develop unique drug formulations. The company is headquartered in Warren, New Jersey, and its shares are listed on the NASDAQ.

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