Pharmaceutical New Jersey, USA-based Aquestive Therapeutics saw its shares plummet nearly 48% to $3.25 (Nasdaq: AQST) pre-market today, after it provided an update on the regulatory approval of Anaphylm, noting receipt of a Food and Drug Administration (FDA) letter saying the agency has found deficiencies in the new drug application (NDA) that preclude discussion of labeling and post-marketing commitments at this time related to Anaphylm (sublingual film epinephrine formulation) in type I allergic reactions. 9 January 2026