STOCK TITAN

atai Life Sciences Announces Positive Topline Results from Single Ascending Dose Phase 1 Study with EMP-01 (R-MDMA)

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary
atai Life Sciences (NASDAQ: ATAI) announced positive results from its Phase 1 study evaluating orally administered EMP-01, the R-enantiomer of MDMA, showing well-tolerated treatment and dose-dependent changes in pharmacokinetics and pharmacodynamics.
Positive
  • Positive results from Phase 1 study
  • Well-tolerated treatment with expected adverse events
  • Dose-proportional pharmacokinetics profile of EMP-01
  • Differentiated subjective experience compared to racemic MDMA
  • Encouragement for further clinical development
Negative
  • None.

The pharmacokinetic (PK) results indicating that EMP-01 is dose-proportional are significant, as this suggests predictability in the way the body processes the drug at different dosages. This aspect is critical for determining appropriate dosing regimens in future clinical trials and for eventual therapeutic use. The pharmacodynamic (PD) findings, particularly the dose-dependent changes in subjective experiences and emotional breakthrough, hint at the potential for EMP-01 to induce meaningful psychological effects, which are often the therapeutic endpoints for psychiatric treatments.

From a pharmacological perspective, the differentiation in subjective experience between EMP-01 and racemic MDMA could imply that the R-enantiomer may engage different neural pathways or receptor dynamics. This could lead to a more targeted therapeutic profile with potentially fewer side effects, which is a common challenge in psychiatric drug development. The observation of emotional breakthrough is noteworthy as it aligns with current hypotheses on the mechanism of action for psychedelic-assisted therapies, where facilitating emotional processing is key to their therapeutic effects.

The positive safety profile observed in the Phase 1 study of EMP-01 is a crucial milestone for atai Life Sciences. The absence of serious or severe adverse events (AEs) and study discontinuations provides an initial indication of the drug's safety for further clinical investigation. However, the long-term safety profile will require more extensive study, particularly in patient populations where comorbidities and concurrent medications could introduce additional risks.

While the study's sample size is small and limited to healthy participants, the consistency of the results across various doses provides a foundational understanding of EMP-01's effects. The report of non-clinically significant increases in blood pressure and heart rate will need to be monitored in subsequent trials, especially given that cardiovascular side effects are a known risk with stimulant medications.

atai Life Sciences' announcement of positive Phase 1 results for EMP-01 could have implications for the company's valuation and investor interest. The differentiation of EMP-01 from racemic MDMA could position atai as a pioneer in a new class of mental health treatments, potentially opening up new markets. The focus on mental health disorders, a field with high unmet medical needs, presents significant commercial opportunities, especially given the growing acceptance of psychedelic-assisted therapies.

Investors will likely monitor the progression of EMP-01 through the clinical pipeline closely, as each phase of successful trials can significantly impact the company's stock price and market capitalization. Moreover, partnerships or interest from larger pharmaceutical companies could arise, as the industry seeks innovative treatments in the mental health space. Caution should be exercised, however, as the drug's development is still in early stages and further trials are necessary to confirm efficacy and safety.

  • EMP-01 (R-MDMA) was generally well-tolerated and treatment-related adverse events (AEs) were as expected
  • The PK profile of EMP-01 was dose-proportional, and a range of exploratory pharmacodynamic (PD) measures, including subjective reports and blood-based biomarkers, showed dose-dependent changes
  • EMP-01 administration resulted in a differentiated subjective experience compared to racemic MDMA, a result that is likely to have therapeutic implications

NEW YORK and BERLIN, Jan. 02, 2024 (GLOBE NEWSWIRE) -- atai Life Sciences (NASDAQ: ATAI) (“atai”), a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, announced positive results from its Phase 1 study evaluating orally administered EMP-01, the R-enantiomer of MDMA (3,4-methylenedioxy-methamphetamine).

The goals of this Phase 1 study were to evaluate the safety, tolerability, pharmacokinetics (PK), and pharmacodynamics (PD) of EMP-01. The four-cohort, single-ascending dose, randomized, double-blind, placebo-controlled study enrolled 32 healthy participants who received 75mg, 125mg, 175mg or 225mg of EMP-01 or placebo in a 6+2 design.

EMP-01 was well-tolerated, and treatment-related adverse events (AEs) were all expected and generally dose dependent. There were no study discontinuations, and no serious or severe AEs were observed in the study. Non-clinically significant increases in blood pressure and heart rate were observed, though such changes showed limited dose dependency. Further, the peak body temperatures observed fell within the normal range. Finally, bruxism was observed in only 1 of 24 subjects that received EMP-01.

The PK profile of EMP-01 was dose-proportional. The PD measures included both subjective reports and blood-based biomarkers. Significant, consistent and dose-dependent changes were seen on several of these exploratory PD measures. EMP-01 administration resulted in a differentiated subjective experience compared to racemic MDMA on standard psychedelic experience questionnaires. Further, dose dependent changes on measures of emotional breakthrough, a phenomenon thought to be a key mediator of the long-term psychological changes associated with psychedelics, were noted in this healthy volunteer population.

Detailed clinical data from the Phase 1 study of EMP-01 are expected to be presented at a future medical meeting.

“I am grateful to the participants and investigators, as well as the members of the atai study team on the successful completion of this Phase 1 study,” said Florian Brand, CEO and Co-Founder of atai. “Building upon the decades of research into MDMA as a potential treatment for mental health disorders, including two positive Phase 3 studies in PTSD, we are encouraged by the unique characteristics of EMP-01 and exploring the implications for further clinical development.”

“The two enantiomers of MDMA show markedly different and rich pharmacology. The present study is one of the first specifically focused on assessing the PK and PD of R-MDMA,” said Srinivas Rao, CSO of atai. “We found differences in the subjective experience R-MDMA in comparison to published reports involving racemic MDMA. If confirmed, these differences suggest that R-MDMA may have applicability in a broad array of mental conditions.”

About atai Life Sciences

atai is a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders and was founded as a response to the significant unmet need and lack of innovation in the mental health treatment landscape. atai is dedicated to efficiently developing innovative therapeutics to treat depression, anxiety, addiction, and other mental health disorders.

By pooling resources and best practices, atai aims to responsibly accelerate the development of new medicines to achieve clinically meaningful and sustained behavioral change in mental health patients.

atai's vision is to heal mental health disorders so that everyone, everywhere can live a more fulfilled life. For more information, please visit www.atai.life.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “could,” “would,” “project,” “plan,” “potentially,” “preliminary,” “likely,” and the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including without limitation our expectations and projections regarding the success, potential uses and timing of development of EMP-01 and related trials and studies, and our business strategy and plans.

Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among others: our limited operating history, historical losses, and anticipation that we will continue to incur significant losses for the foreseeable future; we will require substantial additional funding to achieve our business goals, including the development and any commercialization of our product candidates; we have never generated revenue and may never be profitable; our product candidates contain controlled substances, the use of which may generate public controversy; clinical and preclinical development is uncertain, and our programs may experience delays or may never advance to clinical trials; our reliance on third parties to assist in conducting our clinical trials and impact to such trials based on factors including failure by third parties to meet trial or testing deadlines; our reliance on qualified therapists working at third-party clinical trial sites to administer certain of our product candidates and failure to recruit and retain a sufficient number of therapists; the timing and outcome of regulatory review and/or approvals, which are necessary prior to commercialization; research and development of drugs targeting the central nervous system, or CNS, is particularly difficult, and it can be difficult to predict and understand why a drug has a positive effect on some patients but not others; significant competition; obtaining, maintaining and protecting our intellectual property; restricted operating activity as a result of covenants in any financing arrangements, including our loan agreement with Hercules Capital, Inc.; our aggregate tax burden based on our management and operational activity. These forward-looking statements are subject to a number of important factors that could cause actual results to differ materially from those in the forward-looking statements, including the risks, uncertainties, and assumptions described in our Form 10-K for the year ended December 31, 2022, filed with the Securities and Exchange Commission (“SEC”) and our quarterly reports on Form 10-Q, as may be updated by other filings we file with or furnish to the SEC.

Any forward-looking statements made herein speak only as of the date of this press release. Except as required by applicable law, we undertake no obligation to update any of these forward-looking statements for any reason after the date of this press release or to conform these statements to actual results or revised expectations.

Contact Information
Investor Contact:
ir@atai.life
Media Contact:
PR@atai.life


FAQ

What is the company name and ticker symbol of the biopharmaceutical company mentioned in the press release?

atai Life Sciences (NASDAQ: ATAI)

What were the goals of the Phase 1 study evaluating EMP-01?

The goals were to evaluate the safety, tolerability, pharmacokinetics, and pharmacodynamics of EMP-01.

How many participants were enrolled in the Phase 1 study?

The study enrolled 32 healthy participants.

What were the key findings of the Phase 1 study?

The study found well-tolerated treatment, dose-proportional pharmacokinetics, and differentiated subjective experience compared to racemic MDMA.

What are the implications for further clinical development according to atai's CEO?

The CEO is encouraged by the unique characteristics of EMP-01 and exploring the implications for further clinical development.

Who is the CSO of atai Life Sciences?

The CSO of atai is Srinivas Rao.

What are the potential therapeutic implications of the results?

The results are likely to have therapeutic implications for mental health disorders.

ATAI Life Sciences N.V. Common Shares

NASDAQ:ATAI

ATAI Rankings

ATAI Latest News

ATAI Stock Data

343.20M
126.68M
9.99%
28%
3.34%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
BERLIN

About ATAI

who we are: atai is a global biotech company builder that leverages a decentralized, technology- and data-driven platform model to serve millions of people suffering from mental health disorders. our mission: we are committed to acquiring and efficiently developing innovative treatments that address significant unmet medical needs and lead to paradigm shifts in the mental health space. our approach: by pooling expertise, best practices, and resources across our entire portfolio, we mitigate risk and responsibly accelerate the development of impactful and evidence-based treatments.