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Grace Therapeutics Announces Abstract Accepted for Presentation at Society of Vascular and Interventional Neurology Annual Meeting

Key Takeaway: Grace Therapeutics announced that an abstract for its Pivotal Phase 3 STRIVE-ON Safety Trial of GTx-104 has been accepted for presentation at the Society of Vascular and Interventional Neurology annual meeting. The trial focuses on treating aneurysmal subarachnoid hemorrhage (aSAH) with an innovative injectable formulation of nimodipine. The presentation will occur on November 21, 2025, in Orlando, FL.
Price reaction · baseline $2.99 (2025-11-10 close) · hit pre-market · 1 other GRCE headline(s) in the window, move may be shared
day 0 close · peak
+0.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Abstract accepted for late-breaking presentation at a major conference.
  • GTx-104 shows promise in treating aSAH with a novel delivery method.
  • Well tolerated in over 200 patients with lower variability than oral nimodipine.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+44%
120-day peak, hindsight
Typical move
21.4%
average across 5 past catalysts
Cash runway
~13 mo
Low dilution risk
Lead asset
FF/UMEC/VI
Phase 3 · Asthma

Full Press Release Details

PRINCETON, N.J., Nov. 11, 2025 (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 an abstract of the Company’s Pivotal Phase 3 STRIVE-ON Safety Trial of GTx-104 in aSAH (the STRIVE-ON trial–NCT05995405) has been accepted for presentation as a late breaking trial atthe Society of Vascular and Interventional Neurology (SVIN)annual meeting, to be held November 19-22, 2025 in Orlando, FL.
Thomas P Bleck, MD, Professor, Neurology (Neurocritical Care and Epilepsy/Clinical Neurophysiology) at Northwestern University Feinberg School of Medicine, will present results of the trial in an oral presentation held November 21, 2025.

Presentation Details

Abstract Number: 697
Title: Safety and Tolerability of GTX-104 (Nimodipine Injection for IV Infusion) Compared with Oral Nimodipine in Patients with Aneurysmal Subarachnoid Hemorrhage: a Prospective, Randomized Trial
Session: 11/21/2025 10:30:00 AM - 12:00 PM
Presentation: 11/21/2025 10:55:00 AM - 11:05 AM

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 5% of all strokes and an estimated 42,500 U.S. hospital treated patients.

About GTx-104

GTx-104 is a clinical stage, novel, injectable formulation of nimodipine being developed for I.V. 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 I.V. infusion. GTx-104 provides a convenient I.V. 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 Therapeutics’ 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, and additional intellectual property protection with over 40 granted and pending patents. Grace Therapeutics’ lead clinical asset, GTx-104, is an I.V. 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.

Grace Therapeutics Contact:

Prashant KohliChief Executive OfficerTel: 450-686-4555Email: info@gracetx.comwww.gracetx.com

LifeSci AdvisorsMike MoyerManaging DirectorPhone:617-308-4306Email:mmoyer@lifesciadvisors.com

Frequently Asked Questions

What is GTx-104?

GTx-104 is a novel injectable formulation of nimodipine developed for IV infusion in aSAH patients.

When will the GTx-104 trial results be presented?

The results of the trial will be presented on November 21, 2025, at the SVIN annual meeting.

What condition does GTx-104 target?

GTx-104 targets aneurysmal subarachnoid hemorrhage (aSAH), a serious type of stroke.

How many patients have received GTx-104?

GTx-104 has been administered to over 200 patients and healthy volunteers.

Last updated: Nov 11, 2025