AtaiBeckley Completes Dosing in Phase 2b Trial of VLS-01 for Depression

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Summary · why it matters

AtaiBeckley Inc. has completed patient dosing in its Phase 2b Elumina clinical trial evaluating VLS-01, a DMT buccal film, for treatment-resistant depression. The multi-center, double-blind, placebo-controlled study enrolled 156 participants, with topline results expected in the fourth quarter of 2026. The company plans to advance VLS-01 into Phase 3 development for major depressive disorder, while generalized anxiety disorder remains a potential future indication. Canaccord raised its price target on ATAI to $17 from $15 and maintained a Buy rating, noting the trial remains on track.

Impact on stocks 1

Psychedelic Medicine · 1 stocks
ATAI Life Sciences BV
ATAI
▲ PositiveTechnologyrelevance

Completion of Phase 2b trial dosing for VLS-01, a key pipeline milestone for treatment-resistant depression.

Theme Impact 1

Off-coverage companies 1

Canaccord Genuity Group Inc.Private▲ Positive
Capitalrelevance

Canaccord raised its price target on ATAI, reflecting positive analyst sentiment.

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