Atai Life Sciences B.V. Stock Price, News & Analysis

Perception Neuroscience, a subsidiary of atai, has initiated a Phase 2a clinical study to assess the safety and efficacy of PCN-101 (R-ketamine) for Treatment Resistant Depression (TRD). The trial will enroll 93 patients across 3 arms, with doses of either placebo, 30 mg, or 60 mg of R-ketamine. Patients will be monitored for depressive symptoms over 14 days, with topline data expected by the end of 2022. The study aims to provide insight into R-ketamine's potential as a rapidly-acting antidepressant, addressing the needs of nearly 100 million people affected by TRD.

atai Life Sciences (Nasdaq: ATAI) announces a usability study of its Introspect Digital Therapeutics app, aimed at enhancing ketamine therapy for treatment-resistant depression (TRD), affecting 100 million globally. Conducted in collaboration with Kadima Neuropsychiatry, the study will assess user acceptability, therapeutic content introduction, and treatment settings across three cohorts. Atai believes this digital integration could improve access to mental health care, aligning with its mission to innovate psychiatric treatments and address the substantial unmet need in mental health.

atai Life Sciences (Nasdaq: ATAI) is set to participate in multiple investor conferences this September, focusing on mental health treatments.

Key events include:

• Citi 16th Annual BioPharma Conference on September 8, 2021, at 2:20 p.m. ET (Panel Discussion).
• H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021, at 9:00 a.m. ET (Presentation).
• Baader Investment Conference on September 21, 2021, at 11:30 a.m. ET (Presentation).
• Cantor Fitzgerald Global Healthcare Conference on September 27, 2021, at 10:00 a.m. ET (Fireside Chat).

Archived webcasts will be available on the company's website.

atai Life Sciences (Nasdaq: ATAI) successfully completed its IPO, raising $258.8 million in gross proceeds. The company received $20 million from Otsuka for a collaborative effort in developing R-ketamine. It has advanced 11 therapeutic programs, with notable trials such as Recognify's Phase 2 and GABA's Phase 1 commencing. The company's cash position stands at $453.6 million, positioning it well for upcoming milestones, including 18 catalysts anticipated over the next 18 months.

atai Life Sciences (Nasdaq: ATAI) plans to host a conference call on August 16, 2021, at 8:30 a.m. ET to discuss its financial results for the second quarter ended June 30, 2021, and provide a business update.

The conference call can be accessed at 877-407-3982 in the U.S. and +1 (201) 493-6780 internationally, using conference ID: 13721888. A live and archived webcast will be available on the company's website.

atai Life Sciences N.V. (Nasdaq: ATAI) will participate in the virtual 41st Annual Canaccord Genuity Growth Conference from August 10-12, 2021. The company will conduct a fireside chat on August 10 at 2:30 p.m. ET. Interested parties can access the webcast here.

atai Life Sciences N.V. (Nasdaq: ATAI) announced its participation in the Cowen Psychedelics & Novel Mechanisms in Neuropsychiatry Summit on July 13, 2021. The company, focused on developing innovative therapies for mental health disorders, will present at 10:50 AM ET. Interested parties can access the presentation via a webcast link provided in the announcement. A replay will be available on atai's website. Founded in 2018, atai aims to transform mental health treatment through psychedelic and non-psychedelic compounds.

atai Life Sciences has priced its upsized initial public offering (IPO) at $15.00 per share, totaling 15,000,000 common shares and expected to raise $225.0 million. The offering is set to close on June 22, 2021, pending customary conditions. Additionally, underwriters have a 30-day option to purchase up to 2,250,000 shares at the offering price. Trading on the Nasdaq Global Market under the symbol ATAI begins on June 18, 2021. This IPO is crucial for atai's future endeavors in mental health treatment innovations.

atai Life Sciences announced an initial public offering (IPO) of 14,286,000 common shares, priced between $13.00 and $15.00 each. The underwriters have a 30-day option to purchase an additional 2,142,900 shares. The offering aims to enhance atai's capabilities in mental health treatments using innovative therapies. The shares are set to list on the Nasdaq under the ticker symbol ATAI, with Credit Suisse, Citigroup, and others acting as book-running managers. A registration statement has been filed but is not yet effective.