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ATAI / atai Life Sciences shares plummet as r-ketamine candidate fails to meet primary endpoint in Phase 2a trial

atai Life Sciences shares plummet as r-ketamine candidate fails to meet primary endpoint in Phase 2a trial
atai Life Sciences (NASDAQ:ATAI) shares tumbled more than 40% in pre-market trading on Friday after the company reported disappointing results from its subsidiary Perception Neuroscience's Phase 2a clinical trial of PCN-101 (R-ketamine), a stereoisomer of ketamine, for treatment-resistant depression. The biopharmaceutical company said in a statement that while PCN-101 demonstrated signs of efficacy across all time points out to two weeks, the trial did not meet its primary endpoint of a statistically significant change from baseline in participants' Montgomery-Åsberg Depression Rating Scale (MADRS) score at 24 hours compared to placebo. Read More
Posted: Jan 6 2023, 09:46
Author Name: Proactive Investors
Views: 102058

ATAI News  

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atai Life Sciences to Participate in the 2023 Cantor Fitzgerald Global Healthcare Conference

By GlobeNewsWire
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By GlobeNewsWire
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By Zacks Investment Research
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By Seeking Alpha
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Down -24.4% in 4 Weeks, Here's Why You Should You Buy the Dip in atai Life Sciences N.V. (ATAI)

By Zacks Investment Research
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By Market Watch
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FDA issues guidance on psychedelic drug clinical trials

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