ACADIA Pharmaceuticals Inc (STU:DR6)
€ 16.37 1.79 (12.28%) Market Cap: 2.72 Bil Enterprise Value: 2.24 Bil PE Ratio: 22.05 PB Ratio: 4.96 GF Score: 73/100

ACADIA Pharmaceuticals Inc at Goldman Sachs Global Healthcare Conference (Virtual) Transcript

Jun 09, 2020 / 08:40PM GMT
Release Date Price: €41.35 (+3.50%)
Salveen Jaswal Richter
Goldman Sachs Group Inc., Research Division - VP

Good afternoon, everyone. Thanks for joining us. I'm Salveen Richter, biotechnology analyst at Goldman Sachs. And we're pleased to have ACADIA with us this afternoon. We have Steve Davis, CEO; and Elena Ridloff, CFO.

And with that, I'm going to turn it over to Steve to make some opening comments.

Stephen R. Davis
ACADIA Pharmaceuticals Inc. - CEO & Director

Great. Thanks much, Salveen, and thanks to each of you for joining today. I just need to start with a brief reminder that the business of pharmaceutical development and commercialization has certain inherent risks, so please see a copy of our most recent SEC filings for a description of just how those risks relate to our business.

I'd like to briefly highlight today some of our key accomplishments so far this year, which will be a transformational year for ACADIA as we execute on our 3 strategic pillars. First, we will drive NUPLAZID growth in PDP. Our first quarter 2020 net sales were $90.1 million,

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