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COMPASS Pathways Plc American Depository Shares - $CMPS STOCK NEWS

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Rhea-AI Summary
COMPASS Pathways reports financial results for Q3 2023, with a cash position of $248.0 million as of September 30, 2023. The COMP360 phase 3 program is ongoing, and top-line data for COMP005 is expected in summer 2024. The company also expects top-line data for its phase 2 study in PTSD by the end of this year. COMPASS secured up to $285 million in private placement financing. The CEO expressed confidence in the clinical programs and pre-commercial work for a potential new drug application filing with the FDA.
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Rhea-AI Sentiment
End-of-Day
2.94%
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Rhea-AI Summary
COMPASS Pathways announces CFO departure and appointment of interim CFO
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End-of-Day
-4.38%
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Rhea-AI Summary
COMPASS Pathways appoints Daphne Karydas to its Board of Directors
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-4.19%
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management
Rhea-AI Summary
COMPASS Pathways announces results of AI study on psilocybin treatment in depression
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End-of-Day
4.78%
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AI
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COMPASS Pathways announces $125M private placement with healthcare specialist investors, with potential for additional $160M tied to exercise of warrants. Net proceeds expected to extend cash runway into late 2025.
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Rhea-AI Sentiment
End-of-Day
18.46%
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Rhea-AI Summary
COMPASS Pathways reports Q2 2023 financial results and provides business update. Phase 3 trials for COMP360 ongoing and on track. CPT III code for psychedelic therapy support accepted by the American Medical Association. Cash position of $148.2 million as of June 30, 2023. Term loan facility secured up to $50 million.
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Rhea-AI Sentiment
End-of-Day
0.34%
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Rhea-AI Summary
CMPS: COMP360 Psilocybin Treatment Study Shows Potential in Anorexia Nervosa, Demonstrates Clinically Significant Reductions in Eating Disorder Psychopathology, Shape and Weight Concerns, and Positive Participant Experience
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Rhea-AI Sentiment
End-of-Day
-1.15%
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Rhea-AI Summary
COMPASS Pathways announces positive data from an open-label phase 2 clinical trial of COMP360 psilocybin in addition to SSRIs for treatment-resistant depression. Response and remission rates of 42% were observed at week three. COMP360 psilocybin treatment was generally well tolerated.
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Rhea-AI Sentiment
End-of-Day
0.5%
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Rhea-AI Sentiment
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5.19%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.94%
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COMPASS Pathways Plc American Depository Shares

Nasdaq:CMPS

CMPS Rankings

CMPS Stock Data

563.83M
36.86M
28.37%
39.91%
4.58%
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
CHESIRE

About CMPS

compass pathways is a life sciences company dedicated to accelerating patient access to evidence-based innovation in mental health. our first major initiative is developing psilocybin therapy through late-stage clinical trials in the eu and us for patients with treatment-resistant depression. we are developing psychoactive care pathways based on advances in neuroscience, psychotherapy, psychopharmacology and digital platforms.