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As Psilocybin Trials Face Delays, Compass Pathways (CMPS) Cuts Workforce To Conserve Cash
Thursday, October 31, 2024 - 2:30pm | 744Compass Pathways (NASDAQ:CMPS) has announced delays for two key Phase 3 clinical trials involving its psilocybin program, widely seen as a leader in the psychedelic drug development space. As Endpoint News reported, the unexpected timeline shifts, unveiled in the company's third-quarter earnings...
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EXCLUSIVE: AMA Moves Toward Psychedelic Therapy Reimbursement, Filing A Gap In Regulations
Tuesday, May 2, 2023 - 7:00am | 741The American Medical Association (AMA) is expected to issue the first code for psychedelic therapy reimbursement, following the approval of a joint application submitted by MAPS PBC and COMPASS Pathways (NASDAQ: CMPS). On March 3, the AMA published its Panel Actions summary which included the...
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COMPASS Pathways And The Economic Outlook For 2023
Wednesday, February 8, 2023 - 1:50pm | 1057This article was originally published on PSYCH and appears here with permission. UK-based COMPASS Pathways (NASDAQ: CMPS) recently published data from its Phase IIb trials, with COMP360 psilocybin therapy for treatment-resistant depression. This follows the release of the design for the...
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COMPASS Pathways Shares Q3 2022 Financial Results, Business News & Term's Highlights
Friday, November 4, 2022 - 5:51pm | 572Psychedelics mental healthcare firm COMPASS Pathways (NASDAQ: CMPS) reported its financial outcomes for the third quarter ended 30 September 2022 and gave an update on its most recent pipeline and business developments. Numbers on 30 September 2022 show: Cash and cash equivalents totaled $...
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Compass Pathways Reports Q2 Financial Results, R&D Expenses Keep Growing
Thursday, August 4, 2022 - 9:12am | 466COMPASS Pathways plc (NASDAQ: CMPS) released financial results for the second quarter 2022 and gave an update on recent progress across its business. Q2 2022 Financial Highlights Net loss for the three months ended 30 June 2022 was $21.0 million, or $0.50 loss per share, compared with $17.5...
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Psychedelics Management Updates: Two Top Companies Appoint New CEOs, Here's What We Know
Tuesday, July 19, 2022 - 2:27pm | 758Two companies in the psychedelics space have chosen new chief executive officers: COMPASS Pathways (NASDAQ: CMPS) has chosen Kabir Nath, and Small Pharma will be now led by George Tziras. Compass Pathways Adds Kabir Nath On Board Nath will effectively become chief executive officer...