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Atai's DMT Depression Drug Shows Promise, Prepares For Phase II Trial And Future Collaboration With Pharma Giant
Wednesday, August 14, 2024 - 2:34pm | 702Atai Life Sciences (NASDAQ:ATAI) announced promising preliminary results on Tuesday for its DMT-based depression therapy, VLS-01. As BioSpace reported, these findings from a Phase Ib study position Atai to move forward with a Phase II trial later this year, targeting patients with treatment-...
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Pharma Giant Johnson & Johnson Asks FDA To Approve Esketamine Nasal Spray For Treatment-Resistant Depression
Tuesday, July 23, 2024 - 1:20pm | 684Pharma giant Johnson & Johnson (NYSE:JNJ) announced Monday it had asked the Food and Drug Administration (FDA) to approve its nasal spray as a monotherapy for treatment-resistant depression (TRD) in adults. The New Jersey-based company's Spravato, contains esketamine as an active ingredient,...
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First Patient Dosed In Psychedelics Therapy Study For Treatment-Resistant Depression
Friday, April 26, 2024 - 9:10am | 495Private psychedelics medicine company Beckley Psytech Ltd announced this week that the first patient has been dosed in the second part of its two-part Phase IIa study evaluating BPL-003 in patients with treatment-resistant depression (TRD). BPL-003 is its proprietary...
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Intranasal 5-MeO-DMT Clinical Trial Offers Hope For Treatment-Resistant Depression
Thursday, March 28, 2024 - 4:09pm | 873Partners Beckley Psytech and atai Life Sciences (NASDAQ:ATAI) have jointly announced positive initial results from a Phase 2a study of Beckley's novel formulation of 5-MeO-DMT in Treatment Resistant Depression (TRD.) See: Atai Invests $50M In Beckley Psytech For Short-Duration Psychedelics...
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Compass Pathways Shows Robust 2023 Year-End Results, Embraces Clinical Milestones For Psilocybin As Depression Treatment
Thursday, February 29, 2024 - 4:16pm | 749Compass Pathways (NASDAQ:CMPS), one of the key players in the psychedelics biotech space, reported its financial results for the fourth quarter of 2023. Numbers: Cash and cash equivalents were $220.2 million by December 31, 2023, up over 50% as compared to the amount held by December 31, 2022 ($...
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UK Psychedelics: Phase 3 Depression & Alcohol Addiction Trials, New London Center
Wednesday, November 15, 2023 - 5:20pm | 681The U.K. Medicines and Healthcare Regulatory Agency (MHRA) has green-lighted two separate Phase 3 trials conducted by Compass Pathways (NASDAQ: CMPS) for Treatment-Resistant Depression and Awakn Life Sciences (OTCMKTS: AWKNF) for Severe Alcohol Use Disorder (SAUD). Details On Trials Compass...
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Atai Life Sciences Completes Phase 1 Clinical Study Of Oral Film DMT Formulation
Tuesday, October 3, 2023 - 3:23pm | 404Clinical-stage biopharma company atai Life Sciences (NASDAQ: ATAI) has completed its Phase 1 study evaluating proprietary oral transmucosal film (OTF) DMT formulation VLS-01 in 74 healthy participants. A DMT formulation, VLS-01 works as a partial agonist of the 5-HT 1A/2A/2C receptors, with an...
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Compass Pathways Explores AI-Powered Predictive Model On Psilocybin Therapy For Depression
Wednesday, September 6, 2023 - 4:10pm | 587COMPASS Pathways plc (NASDAQ: CMPS) shared the results from research on the potential of its novel AI technologies to support its proprietary COMP360 psilocybin treatment for Treatment-Resistant Depression (TRD.) COMPASS is oner of the biggest players in the psychedelics biotech...
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GH Research Psychedelics Firm Q2 2023 Reports $238M Cash To Accelerate 5-MeO-DMT Programs Into 2026
Thursday, August 24, 2023 - 3:03pm | 478GH Research PLC (NASDAQ: GHRS), a clinical-stage biopharma company developing novel mebufotenin (5-MeO-DMT) therapies for Treatment-Resistant Depression (TRD) and one of the highest trading psychedelics stocks listed in Nasdaq, shared its financial results and business updates for its second...
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Compatibility Of Psilocybin & SSRIs For Depression, COMPASS Looks At 'Psychedelic-Assisted Therapies'
Tuesday, July 18, 2023 - 3:54pm | 622COMPASS Pathways (NASDAQ: CMPS) shared results from an open-label Phase 2 trial assessing its synthetic psilocybin COMP360 alongside SSRIs for Treatment-Resistant Depression (TRD.) Published in the journal Nature of Neuropsychopharmacology, the findings show a positive correlation, both...
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COMPASS Pathways Secures Up To $50M In Term Loan Facility With Hercules Capital
Wednesday, July 5, 2023 - 1:20pm | 445Mental health psychedelics biotech company COMPASS Pathways (NASDAQ: CMPS) received funding for its COMP360 Phase 3 program in Treatment-Resistant Depression (TRD). The company entered into a term loan agreement with Hercules Capital Inc. (NYSE: HTGC) for up to $50 million, filed under the...
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Numinus' Clinical Site Joins Compass' Phase 3 Program On Psilocybin Therapy For TRD
Tuesday, May 30, 2023 - 4:05pm | 419Numinus Wellness Inc.’s (OTCMKTS: NUMIF) wholly-owned contract research organization Cedar Clinical Research has commenced a new study on COMPASS Pathways’ (NASDAQ: CMPS) psilocybin therapy for Treatment-Resistant Depression (TRD). See also: Numinus CEO Outlines MDMA Assisted...
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GH Research: Q1 2023 Financials And Businesses For European 5-MeO-DMT Depression Treatment Developer
Thursday, May 11, 2023 - 3:36pm | 475GH Research PLC (NASDAQ: GHRS), a Dublin-based clinical-stage biotech company reported financial results for the first quarter ended March 31, 2023. The company is developing a proprietary 5-MeO-DMT formulation primarily targeting Treatment-Resistant Depression (TRD). Numbers show: Total...
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Beckley Psytech Begins Phase IIa Study Of Psychedelic Compound To Treat Depression
Thursday, May 4, 2023 - 4:37pm | 341Clinical-stage private biotech company Beckley Psytech Ltd announced that the first patient has been dosed in their Phase IIa study of BPL-003, a synthetic formulation of the psychedelic compound 5-MeO-DMT, for Treatment-Resistant Depression (TRD). Dr. Rob Conley, chief scientific officer at...
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Cathie Wood Reacts To Atai's Drastic Stock Plunge After Doomed Clinical Study Results
Thursday, January 12, 2023 - 12:20pm | 489After atai Life Sciences (NASDAQ: ATAI) shared the results of subsidiary Perception Neuroscience’s Phase 2 trial of R-ketamine compound for TRD, the psychedelics biotech’s stocks plummeted. The closing stock price on Jan. 11 was $1.72, more than 90% below its IPO price from...