Aquestive Therapeutics Completes FDA Meeting, Plans to Resubmit NDA in Q3 2026
Aquestive Therapeutics announced the receipt of preliminary comments and successful completion of an in-person Type A meeting with the FDA regarding the resubmission of the company's new drug application, or NDA, for Anaphylm sublingual film for the treatment of Type 1 allergic reactions, including anaphylaxis. Aquestive provided the proposed PK study design to the FDA prior to the Type A meeting and received preliminary comments in advance of the meeting. Most of the preliminary comments provided by the FDA were focused on ensuring consistency between past PK studies conducted by the company and the proposed current design. The company plans to address all feedback received by the Agency in the PK study design. In addition, the company and FDA aligned on the concept of including labeling language to manage potential chewing of the film rather than creating additional clinical data. The FDA also provided preliminary comments on Aquestive's HF validation study design provided by the company to the FDA prior to the meeting. The FDA recommended changes to the user groups to be included in the HF study design and, after discussion at the Type A meeting, the company believes there is general alignment with the FDA on key HF study elements. Aquestive plans to submit the HF study protocol for FDA review, as recommended by the FDA. During the meeting, the company shared with the FDA the revisions made to the opening mechanisms of the product container closure, which were designed to provide improvements in the ability to open the pouch while also mitigating the potential tearing of the film. The FDA acknowledged the changes made to the Anaphylm container closure, which will be tested in the company's upcoming HF study. Based on the outcome of the Type A meeting, Aquestive reaffirms its guidance to resubmit the Anaphylm NDA in the third quarter of 2026. The company also continues to advance regulatory submissions for Anaphylm in Canada and the European Union. Anaphylm has the potential to be the first and only FDA-approved, non-invasive, orally delivered epinephrine product for the treatment of severe allergic reactions, including anaphylaxis.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Aquestive Therapeutics (NASDAQ: AQST) securities between June 16, 2025, and January 8, 2026, that they must apply to be lead plaintiff by May 4, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket costs, as attorney fees will be covered through a contingency fee arrangement, thereby lowering the financial barrier for participation and encouraging more investors to seek justice.
- Lawsuit Background: The lawsuit alleges that defendants made false and misleading statements regarding the New Drug Application (NDA) process, failing to disclose critical human factors in the use of their sublingual film, which led to investor losses when the truth emerged, negatively impacting the company's reputation and stock price.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its expertise and successful track record in this legal domain.
- Class Action Notification: Rosen Law Firm reminds investors who purchased Aquestive Therapeutics (NASDAQ:AQST) securities between June 16, 2025, and January 8, 2026, that they must apply to be lead plaintiff by May 4, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will not incur any upfront costs, as the law firm will operate on a contingency fee basis, ensuring legal support without financial burden for the investors.
- Case Background: The lawsuit alleges that the defendants failed to disclose the true state of Aquestive's New Drug Application, particularly concealing human factors related to the use of its sublingual film, which led to investor losses when the truth emerged, negatively impacting the company's reputation and stock price.
- Law Firm Advantages: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in the number of securities class action settlements in 2017, demonstrating its expertise and success in this field.
- Lawsuit Background: Bronstein, Gewirtz & Grossman, LLC has announced a class action lawsuit against Aquestive Therapeutics, seeking damages for investors who purchased securities between June 16, 2025, and January 8, 2026, reflecting growing concerns about the company's future prospects.
- False Statement Allegations: The complaint alleges that the company made materially false and misleading statements during the relevant period, failing to disclose that the timeline for the approval and launch of its New Drug Application (NDA) was significantly overstated, which could further undermine investor confidence in the company.
- Concealed Human Factor Risks: The lawsuit also points out that Defendants concealed significant human factor risks associated with the use of the sublingual film, including issues related to packaging, administration, and labeling, which could materially impact the likelihood and timing of regulatory approval, exacerbating the risk of investor losses.
- Investor Action Recommendation: Affected investors are encouraged to apply to be lead plaintiffs by May 4, 2026, although they do not need to serve in this role to share in any potential recovery, indicating that legal avenues are available for investors to recover losses.
- Legal Investigation: Faruq & Faruqi, LLP is investigating potential claims against Aquestive Therapeutics, Inc., particularly for investors who purchased or acquired securities between June 16, 2025, and January 8, 2026, indicating legal risks that could impact the company's stock performance.
- Investor Contact Information: Securities Litigation Partner Josh Wilson encourages affected investors to contact him directly, providing phone numbers 877-247-4292 and 212-983-9330 (Ext. 1310) to discuss their legal rights, demonstrating a commitment to investor advocacy.
- Class Action Deadline: The firm reminds investors that May 4, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action filed against Aquestive, highlighting the time-sensitive nature of legal proceedings for investors.
- Potential Impact: Such legal actions may lead to liability for the company, affecting its market reputation and shareholder confidence, prompting investors to closely monitor developments to assess their investment risks.
- Class Action Initiation: Pomerantz LLP has announced a class action lawsuit against Aquestive Therapeutics, alleging securities fraud by the company and certain executives, with investors needing to apply as Lead Plaintiff by May 4, 2026.
- FDA Approval Delay: On January 9, 2026, Aquestive received a letter from the FDA identifying deficiencies in the NDA for Anaphylm (Dibutepinephrine), preventing labeling discussions and leading to indefinite delays in approval, which could impact future product launches.
- Significant Stock Drop: Following the FDA news, Aquestive's stock price fell by $2.30, or 37.04%, closing at $3.91 per share on January 9, 2026, indicating market concerns regarding the company's future prospects.
- Legal Firm Background: Pomerantz LLP is a prominent law firm specializing in securities class actions, founded over 85 years ago, and has a history of recovering multimillion-dollar damages for victims of securities fraud, underscoring its commitment to protecting investor rights.
- Shareholder Action Notice: The Gross Law Firm has issued a notice encouraging shareholders who purchased AQST shares between June 16, 2025, and January 8, 2026, to contact the firm regarding potential lead plaintiff appointment, facilitating participation in possible recovery.
- FDA Regulatory Issues: On January 9, 2026, Aquestive disclosed receipt of a letter from the FDA identifying deficiencies in its New Drug Application, which precluded labeling discussions and significantly delayed the approval timeline for Anaphylm, undermining investor confidence.
- Stock Price Plunge: Following the FDA notification, AQST's stock price plummeted from $6.21 per share on January 8, 2026, to $3.91 per share on January 9, 2026, marking a dramatic decline of over 37% in a single day, reflecting market pessimism regarding the company's future prospects.
- Litigation Participation Deadline: Shareholders must register by May 4, 2026, to participate in the class action lawsuit, with the Gross Law Firm committed to providing portfolio monitoring services to keep investors informed about the case's progress and protect their rights.











