Insiders Make Huge Purchases of These 4 Biotech Stocks
After a rough patch, it seems the biotech industry may be staging a comeback. Several biotech firms have gone public this year, and those focused on obesity treatments, gene therapies, and more have high expectations.
atai Life Sciences entering catalyst-rich period with high-potential data readouts in 2025 and 2026
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) is entering a pivotal period with data from several key trials expected in 2025 and 2026, analysts at Jefferies have highlighted following the company's fourth quarter update. “We see a catalyst-rich period with five-plus Phase 2/3 central nervous systems/neuro readouts in 2025 to 2026,” the analysts wrote in a note to clients.
atai Life Sciences prepares for data readouts from key clinical trials, extends operational runway
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) said it saw significant progress in 2024 with key advancements in its clinical trials as it strengthened its financial position. The company successfully dosed its first patient in the Phase 2 Elumina trial for VLS-01, a buccal film formulation of DMT designed to treat treatment-resistant depression.
atai Life Sciences doses first patient in Phase 2 treatment-resistant depression trial
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) announced that the first patient has been dosed in its Phase 2 Elumina trial of VLS-01, the company's oral transmucosal film formulation of DMT applied to the buccal surface, in participants with treatment-resistant depression. Topline results are expected from the first treatment phase of the trial in the first quarter of 2026.
atai Life Sciences-backed trial in treatment-resistant depression completes patient enrollment
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) announced that patient enrollment has been completed in Beckley Psytech's Phase 2b trial evaluating BPL-003 in treatment-resistant depression (TRD), with topline results expected by mid-2025. The trial is assessing the efficacy and safety of a single dose of BPL-003, an intranasal formulation of mebufotenin benzoate developed by Beckley Psytech, in which atai is invested, designed for rapid and lasting antidepressant effects with minimal clinic time.
Atai: Following The Path That Spravato Laid And Moving Beyond It
Jason Najum talks to Srinivas Rao, CEO of Atai Life Sciences, a biotech company focused on mental health and psychedelic compounds. Standing on the shoulders of Johnson & Johnson's Spravato.
atai Life Sciences completes public offering, raising $63.25M
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) announced that it has closed is public offering of shares and the underwriter's option to purchase additional shares for gross proceeds of approximately $63.25 million before deductions. The company, a clinical-stage biopharmaceutical company focused on mental health treatments, offered about 26.2 million common shares for $2.10 per share, with the underwriter's purchasing an additional 3.9 million shares.
atai Life Sciences announces pricing of $55M public offering of shares
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) said its registered underwritten offering of approximately 26.2 million shares will be priced at $2.10 per share to raise proceeds of $55 million. The underwriter has a 30-day option to purchase up to an additional approximately 3.9 million shares.
atai Life Sciences unveils $55M public offering to advance mental health treatments
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) has announced a proposed underwritten public offering of $55 million of its common shares. The company may also grant the underwriter a 30-day option to purchase up to an additional $8.25 million in shares, it said in a statement after Wednesday's closing bell.
atai Life Sciences CEO discusses success of BPL-003 alcohol use disorder trial - ICYMI
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) CEO Dr. Srinivas Rao joined Proactive to discuss promising results from Beckley Psytech's Phase 2a trial for BPL-003 in alcohol use disorder.
atai Life Sciences-backed psychedelic drug could offer superior value, analysts believe
As psychedelics stocks trade higher following the release of positive data for GH Research's 5-MeO-DMT drug for treatment-resistant depression, analysts at Jefferies believe Beckley Psytech's intranasal 5-MeO-DMT candidate BPL-003 could have an even better value proposition. This could have a positive readthrough for atai Life Sciences (NASDAQ:ATAI, ETR:9VC), an investor in Beckley.
atai Life Sciences gains as new data derisks upcoming treatment-resistant depression trial readout
Positive data from Irish biotechnology firm GH Research's Phase 2 trial of GH001, an inhalation formulation of synthetic mebufotenin (5-MeO-DMT), in treatment-resistant depression bodes well for atai Life Sciences (NASDAQ:ATAI, ETR:9VC)' own psychedelic, analysts at Jefferies believe. Jefferies repeated its ‘Buy' rating on atai and awarded it a $5 price target.
