[{"orgOrder":0,"company":"Compass Pathways","sponsor":"Not Applicable","pharmaFlowCategory":"DU","amount":"Not Applicable","upfrontCash":"Not Applicable","newsHeadline":"COMPASS Pathways Granted Patent Covering Use of Its Psilocybin Formulation in Addressing Treatment-resistant Depression","therapeuticArea":"Psychiatry\/Psychology","highestDevelopmentStatus":"Phase II","country":"UNITED KINGDOM","productType":"Small molecule","productStatus":"New Molecular Entity","date":"January 2020","url1":"","url2":"","graph1":"Psychiatry\/Psychology","graph2":"Phase II"},{"orgOrder":0,"company":"Compass Pathways","sponsor":"ATAI Life Sciences","pharmaFlowCategory":"D","amount":"$80.0 million","upfrontCash":"Undisclosed","newsHeadline":"Compass Raises $80M to Take Magic Mushroom Drug Toward Phase 3","therapeuticArea":"Psychiatry\/Psychology","highestDevelopmentStatus":"Phase II","country":"UNITED KINGDOM","productType":"Small molecule","productStatus":"New Molecular Entity","date":"April 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Find Clinical Drug Pipeline Developments & Deals by Compass Pathways
COMP360 (psilocybin) treatment is currently being evaluated in phase 2 clinical trials for the treatment of patients with post-traumatic stress disorder (PTSD).
The research collaboration agreement aims to aid in the development and establishment of a cost-effective delivery model for COMP360 (psilocybin) for treating treatment-resistant depression.
The collaboration aims to support the clinical development of COMP360 (psilocybin), which is currently undergoing late-stage clinical trial evaluation for treatment-resistant depression.
The collaboration aims to inform the delivery model design of investigational COMP360, a proprietary formulation of synthetic psilocybin, for treatment-resistant depression (TRD).
The collaboration aims to explore delivery models for investigational COMP360 psilocybin treatment upon regulatory approval by the U.S. Food and Drug Administration.
COMP360 (psilocybin) treatment is currently being evaluated in phase 2 clinical trials for the treatment of patients with post-traumatic stress disorder (PTSD).
COMP360 psilocybin therapy to help people with treatment-resistant depression (TRD), post-traumatic stress disorder and anorexia nervosa. The phase 3 program consists of two pivotal trials (COMP 005 and COMP 006), and each trial has an integrated, long-term outcomes component.
The net proceeds will be used to advance the pivotal phase 3 program for COMP360 psilocybin therapy to help people with treatment-resistant depression (TRD), post-traumatic stress disorder and anorexia nervosa.
The net financing will support company's COMP360, a stabilised, high-purity polymorphic crystalline synthesised formulation of psilocybin, in phase 3 program in treatment-resistant depression (TRD).
COMP360 is stabilised, high-purity polymorphic crystalline synthesised formulation of psilocybin, act on serotonin 2a receptor in brain, believed that acting on this receptor may make brain work with greater flexibility, allowing region to connect and communicate more easily.