Welcome to our dedicated page for Pasithea Therapeutics news (Ticker: KTTAW), a resource for investors and traders seeking the latest updates and insights on Pasithea Therapeutics stock.
Pasithea Therapeutics Corp. (Nasdaq: KTTA, KTTAW) generates frequent news as a clinical-stage biotechnology company centered on PAS-004, a next-generation macrocyclic oral MEK inhibitor. Coverage of KTTA and KTTAW news often focuses on clinical trial progress in neurofibromatosis type 1-associated plexiform neurofibromas (NF1-PN), MAPK pathway-driven advanced cancers and ALS, as well as capital markets and regulatory developments that shape the company’s trajectory.
Investors following Pasithea’s news can expect detailed updates on its Phase 1 and Phase 1/1b studies, including safety, pharmacokinetic and pharmacodynamic data, dose-escalation decisions, and early signs of clinical activity such as partial responses or disease control rates in advanced cancer patients. The company also reports on the activation of new clinical trial sites in regions such as the United States, South Korea and Australia for NF1-PN, and on grant-funded initiatives like the Hoffman ALS Clinical Trial Award supporting a Phase 1 PAS-004 study in ALS patients.
Beyond clinical results, Pasithea news includes financing events such as public offerings of common stock and at-the-market programs, with stated uses of proceeds for research, clinical trials, technology development, licensing and potential acquisitions. Regulatory and governance items disclosed through press releases and SEC filings, including proxy proposals, stock incentive plan amendments and responses to Nasdaq listing notices, also feature in the news flow.
For readers tracking KTTA and KTTAW, this news stream offers insight into how Pasithea advances PAS-004 across NF1-PN, oncology and ALS, how it manages its capital structure, and how regulatory milestones may influence its development plans. Regularly reviewing these updates can help contextualize the company’s clinical data, trial timelines and corporate actions over time.
Pasithea Therapeutics Corp. (NASDAQ: KTTA) has opened its second London clinic in Marylebone, expanding access to IV ketamine therapy for patients with treatment-resistant mental health disorders. The first clinic was established in Knightsbridge in October 2021. With over two decades of research backing ketamine's efficacy, the company aims to address the growing needs for effective treatments. Studies indicate up to 70% of patients undergoing IV ketamine treatment may respond positively, marking a significant step in the treatment of serious psychiatric conditions.
Pasithea Therapeutics Corp. (Nasdaq: KTTA) has expanded its in-home IV ketamine infusion therapy services to Florida and Nevada. This expansion follows the launch of mobile clinics in New York and California, addressing the mental health crisis amplified by the pandemic, which has seen treatment-resistant depression diagnoses rise by 25%. With mobile clinics offering privacy and convenience, Pasithea aims to improve access to therapy for patients who may struggle with traditional clinic visits. The company plans to extend services to additional cities in these states shortly.
Pasithea Therapeutics Corp. (Nasdaq: KTTA; KTTAW) has successfully closed a private placement of 8.68 million shares and warrants, raising $30.4 million at $3.50 per share. The proceeds will fund pre-clinical research, develop U.S. and UK clinics, and support general corporate purposes. The warrants are exercisable immediately at the same price and will expire in five years. The Company is required to file a registration statement with the SEC within 15 days to cover the resale of these securities, which are not registered under the Securities Act of 1933.
Pasithea Therapeutics Corp. (Nasdaq: KTTA; KTTAW) has announced a private placement of 8.68 million shares and warrants at $3.50 each, aiming for gross proceeds of approximately $30.4 million. The offering is set to close by November 29, 2021, subject to customary conditions. The funds will be used for pre-clinical research and development, furthering clinic operations in the U.S. and UK, and for working capital. The company is also required to file a registration statement with the SEC within 15 days for the resale of securities, aiming for effectiveness within 90 days.
Pasithea Therapeutics Corp. (Nasdaq: KTTA) announced its U.K. subsidiary, Pasithea Clinics, has been approved to offer esketamine nasal spray (SPRAVATO®) for treatment-resistant depression. This treatment is now available at their Knightsbridge location, making Pasithea one of only three accredited clinics in the U.K. to provide it. Treatment-resistant depression affects approximately 30% of patients with major depression, highlighting the urgent need for new options. The company emphasizes the importance of ongoing psychiatric support for patient safety while administering this drug.
Pasithea Therapeutics Corp. (Nasdaq: KTTA) has announced the launch of its wholly owned subsidiary, Pasithea Clinics, offering at-home ketamine infusion therapy for patients with treatment-resistant mental health disorders. The initial rollout will occur in New York City, Los Angeles, San Diego, and San Francisco, with plans for nationwide expansion. Treatments will be administered by board-certified medical professionals, ensuring patient safety. Ketamine is FDA-approved and has shown efficacy in conditions like treatment-resistant depression and PTSD, with up to 70% of patients responding clinically.
Pasithea Therapeutics Corp. (Nasdaq: KTTA) announced a collaboration with musician DJ Carlita to create customized music playlists for patients undergoing intravenous ketamine infusion therapy. This initiative aims to enhance the therapeutic experience, building on research that supports the efficacy of music in psychedelic therapy. Pasithea has recently opened its first clinic in the UK and will offer in-home treatments in the US. Ketamine, an FDA-approved anesthetic, is being repurposed to treat conditions like treatment-resistant depression and PTSD with rapid and sustained effects.
Pasithea Therapeutics Corp. (Nasdaq: KTTA) has formed a new Scientific Advisory Board (SAB) to guide its efforts in developing treatments for mental health and brain disorders. The SAB will be chaired by esteemed psychiatrist Charles Nemeroff, M.D., Ph.D., who brings extensive expertise in psychiatry and neuropsychopharmacology. This move aims to enhance Pasithea’s credibility and advance its research on novel treatments targeting psychiatric and neurological conditions. The company is committed to addressing the growing mental health crisis through innovative drug development.
Pasithea Clinics has launched IV ketamine infusion therapy in Knightsbridge, London, targeting mental health disorders. This initiative is part of Pasithea Therapeutics Corp.'s broader mission to find effective treatments for psychiatric conditions. The therapy is particularly aimed at treatment-resistant depression and PTSD, with studies indicating a clinical response rate of up to 70%. Partnering with ZEN Healthcare in the U.K. and The IV Doc in the U.S., Pasithea is expanding access to these treatments, addressing the growing mental health crisis.
Pasithea Therapeutics Corp. (Nasdaq: KTTA) announced a partnership with ZEN Healthcare to launch ketamine infusion therapy in Central London for patients with treatment-resistant mental health disorders. This initiative aims to address the growing need for innovative treatments amid rising mental health cases exacerbated by the pandemic. The therapy promises rapid efficacy in conditions like treatment-resistant depression and PTSD. Pasithea recently raised $24 million during its IPO, enhancing its capacity to expand treatment networks in the U.K. and the U.S.
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