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MapLight Announces Topline Results from Phase 2 IRIS Study for ML-004 in Autism Spectrum Disorder

(Very High)
(Neutral)

MapLight (Nasdaq:MPLT) reported topline Phase 2 IRIS results for ML-004 in autism spectrum disorder. The trial (N=161) did not meet its primary endpoint on ABI Social Communication. In a prespecified adolescent subgroup with baseline ABC-I ≥16 (N=20), ML-004 showed substantial irritability improvement vs placebo on ABC-I (LS mean −9.58; ES 1.33; nominal p=0.013) and clinician-rated CGI-I irritability (ES 1.08; nominal p=0.036).

ML-004 was generally well-tolerated, with no severe or serious adverse events, no extrapyramidal events, and lower mean weight gain than placebo. MapLight plans an FDA End-of-Phase 2 meeting and reports being well capitalized ahead of Phase 2 ZEPHYR (ML-007C-MA) schizophrenia data expected by mid-August 2026.

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Positive

  • Adolescent ABC-I≥16 subgroup LS mean −9.58 vs placebo; ES 1.33; p=0.013
  • Adolescent CGI-I irritability effect size 1.08; nominal p=0.036
  • Treatment effects larger in adolescents with higher baseline irritability
  • No severe or serious adverse events reported with ML-004
  • No extrapyramidal adverse events; lower mean weight gain than placebo
  • Company plans FDA End-of-Phase 2 meeting for ML-004 development path

Negative

  • Primary endpoint on ABI Social Communication Domain was not met
  • Total ABC-I>16 population showed ES 0.64 with nominal p=0.13
  • Higher TEAE rates with ML-004 vs placebo, especially in adults
  • Two adolescents (3.9%) discontinued ML-004 due to adverse events

News Market Reaction – MPLT

+3.37%
11 alerts
+3.37% Session close to close
+24.6% Peak in 1 hr 51 min
$1.43B Market Cap
0.1x Rel. Volume

In the Jun 22 session, MPLT gained 3.37%, reflecting a moderate positive market reaction. Argus tracked a peak move of +24.6% during that session. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement reports a missed primary endpoint but strong subgroup effects (effect sizes up to ...
Analysis

This announcement reports a missed primary endpoint but strong subgroup effects (effect sizes up to 1.33) and a favorable safety profile, against a backdrop of prior generally constructive clinical news; investors may watch how FDA feedback shapes the next Phase 2/3 steps.

Key Figures

IRIS enrollment: 161 participants Adolescent irritability subgroup size: N=20 ABC-I effect size: ES=1.33, p=0.013 +5 more
8 metrics
IRIS enrollment 161 participants Phase 2 IRIS ASD trial randomized 161 adolescent and adult participants
Adolescent irritability subgroup size N=20 Adolescents aged 12–17 with baseline ABC-I >16 in prespecified analysis
ABC-I effect size ES=1.33, p=0.013 Care-partner ABC-I improvement vs placebo in adolescent high-irritability subgroup
CGI-I effect size ES=1.08, p=0.036 Clinician-rated CGI-I irritability improvement vs placebo in same adolescent subgroup
Total high-irritability group N=26, ES=0.64, p=0.13 Participants aged 12–45 with baseline ABC-I >16 on ABC-I key secondary endpoint
Adolescent TEAE rates 62.7% vs 41.2% Treatment-emergent adverse events for ML-004 vs placebo in adolescents
Adult TEAE rates 86.7% vs 72.4% Treatment-emergent adverse events for ML-004 vs placebo in adults
Adolescent discontinuations 3.9% vs 0% Adolescents discontinuing ML-004 due to adverse events vs placebo

Previous Clinical trial Reports

3 past events · Latest: May 01 (Neutral)
Same Type Pattern 3 events
Date Event Sentiment 24h Move Catalyst
May 01 Clinical enrollment update Neutral -3.7% Completion of Phase 2 enrollment and timing update for ZEPHYR and IRIS.
Jan 09 Timing guidance update Neutral +4.8% Narrowed Q3 2026 timing for topline data in two Phase 2 trials.
Jan 05 Fast Track designation Positive +2.7% FDA Fast Track for ML-007C-MA in Alzheimer’s disease psychosis.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical-trial announcements have generally produced modestly positive moves, with one notable selloff on an enrollment/timing update.

Key Terms

cgi-i, treatment-emergent adverse events, extrapyramidal, end-of-phase 2 meeting
4 terms
cgi-i medical
"Clinician Global Impression-Improvement (CGI-I)-Irritability domain in the adolescent population"
A CGI‑I (Clinical Global Impression–Improvement) score is a simple clinician judgment that rates how much a patient's overall condition has changed after treatment, typically on a scale from 'very much improved' to 'very much worse.' Investors watch CGI‑I results because they offer a quick, real-world snapshot of a therapy's effectiveness beyond lab tests or questionnaires, like a doctor's one‑line progress report that helps gauge a drug's potential market value and regulatory prospects.
treatment-emergent adverse events medical
"ML-004 was generally well-tolerated, with treatment-emergent adverse events (TEAEs) that"
Events or symptoms that either appear for the first time or get worse after a patient starts a treatment; think of new or intensified side effects that show up once medicine or a medical device is used. Investors watch these closely because they affect whether a therapy can gain regulatory approval, be prescribed widely, or face legal and commercial setbacks—similar to how early customer complaints can sink a new product’s prospects.
extrapyramidal medical
"No extrapyramidal events were observed, and mean weight gain was lower"
Extrapyramidal describes a part of the nervous system that controls automatic, background aspects of movement—things like posture, muscle tone and habitual motions—separate from voluntary, conscious actions. When this system malfunctions or is affected by medications, people can develop movement problems such as tremors, stiffness, slow movements or sudden restless motions; for investors, these effects matter because they can influence a drug’s regulatory approval, labeling, market acceptance, and potential legal or cost implications.
end-of-phase 2 meeting regulatory
"expects to engage with the U.S. Food and Drug Administration (FDA) in an End-of-Phase 2 meeting"
An end-of-phase 2 meeting is a formal discussion between a drug developer and a regulatory agency to review mid-stage clinical results and agree on the plan and requirements for the larger, final tests needed for approval. It matters to investors because the meeting can clarify what evidence regulators will require, shape the cost and timeline for the next phase, and reduce uncertainty about whether a drug can advance toward market — like a checkpoint that determines whether a project gets the green light to move to the next, expensive stage.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • The IRIS Phase 2 trial did not meet its primary endpoint in social communication deficits associated with ASD
  • A prespecified analysis in adolescents with moderate to severe baseline irritability (ABC-I ≥ 16) demonstrated meaningful improvement on the care partner-reported ABC-I over placebo (effect size 1.33, nominal p=0.013). Consistent with this, analysis of the clinician-rated CGI-I in the irritability domain for the same subpopulation demonstrated clinically meaningful improvement over placebo (effect size 1.08, nominal p=0.036). Treatment effects were greater among adolescents with greater levels of baseline irritability
  • ML-004 was generally well-tolerated, with no severe or serious adverse events in the active treatment arm. No extrapyramidal events were observed, and mean weight gain was lower with ML-004 than with placebo
  • Following a full review of the data, the Company expects to engage with the U.S. Food and Drug Administration (FDA) in an End-of-Phase 2 meeting to determine the clinical development path forward
  • The Company remains well capitalized ahead of the topline results from its Phase 2 ZEPHYR trial evaluating ML-007C-MA in schizophrenia, expected by mid-August 2026
  • Company to host live webcast today at 8:00 AM ET

SAN FRANCISCO and BOSTON, June 22, 2026 (GLOBE NEWSWIRE) -- MapLight Therapeutics, Inc. (Nasdaq: MPLT), a clinical-stage biopharmaceutical company focused on improving the lives of patients suffering from debilitating central nervous system disorders, today announced topline results from IRIS (ML-004-002), a Phase 2 study of ML-004 in autism spectrum disorder (ASD). The study randomized 161 participants (102 adolescents, 59 adults), with prespecified analyses planned by age group and baseline irritability severity.

As an exploratory signal-finding Phase 2 study, IRIS was explicitly designed to test multiple clinical endpoints based on preclinical findings, including social communication and irritability, and to identify the most appropriate development path forward. The study did not meet its primary endpoint of change from baseline to Week 12 in the caregiver-reported Autism Behavioral Inventory (ABI)–Social Communication Domain score. Social communication is a domain for which no approved pharmacologic therapies exist, and for which validated, treatment-sensitive outcome measures remain an area of active scientific investigation.

However, in a prespecified analysis of adolescents (age 12–17) with moderate or greater baseline irritability (double-blind baseline ABC-I score >16, N=20), ML-004 demonstrated a clinically meaningful improvement in irritability over placebo as measured by change from baseline in the care-partner reported ABC-I subscale (LS mean difference vs. Placebo −9.58, ES=1.33, nominal p value=0.013). Consistent with this finding, clinically meaningful improvement over placebo was observed on the Clinician Global Impression-Improvement (CGI-I)-Irritability domain in the adolescent population randomized with moderate or greater baseline irritability (LS mean difference −0.63; ES=1.08, nominal p value=0.036). The treatment effects on the ABC-I and CGI-I irritability domain were more pronounced among adolescents with greater baseline irritability. In the total population of participants (age 12-45) with baseline ABC-I score >16 (N=26), ML-004 demonstrated an effect size of 0.64 (nominal p-value =0.13) on the key secondary endpoint of change from baseline in the ABC-I score at week 12.

“We are very encouraged by the robust improvements observed in adolescents with clinically significant irritability,” said Erin Pennock Foff, Chief Medical Officer. “These results are consistent with our compelling pre-clinical evidence for reduction in aggression/irritability in animal models. Given that there is an established regulatory path in this indication using the ABC-I, and given the magnitude of the effect on this measure observed in this study, we look forward to engaging with the FDA to discuss a possible path forward. We are grateful to the participants, families, and investigators whose commitment made this trial possible.”

“Irritability is a pressing clinical problem in adolescents with autism, and the only approved pharmacologic options are antipsychotics, which carry substantial metabolic and neurological burdens,” said Matthew State, M.D. Ph.D. (Chair of Psychiatry and Behavioral Sciences at the University of California, San Francisco (UCSF) and member of MapLight’s Scientific Advisory Board). “An effect size of this magnitude, particularly in those most severely affected, points to a clinically meaningful improvement and warrants further investigation of ML-004 in this population.”

Safety and Tolerability

ML-004 was generally well-tolerated, with treatment-emergent adverse events (TEAEs) that were all mild to moderate in severity. Adolescents experienced fewer TEAEs than adults (Adolescent TEAEs: 62.7% for ML-004 versus 41.2% for placebo; Adult TEAEs: 86.7% for ML-004 versus 72.4% for placebo).

  • There were no SAEs or severe AEs reported in the ML-004 treated participants; among placebo-treated participants, two experienced a severe TEAE and one experienced a serious adverse event
  • In the randomized population, the most common TEAEs (>5% in ML-004 arm and >placebo) were headache, nausea, somnolence, vomiting, fatigue, and dizziness
  • No events of extrapyramidal TEAEs were observed with active treatment. The mean weight gain over the course of the study was lower for ML-004 than placebo
  • In adolescents, the most common adverse events (occurring in ≥5% of ML-004-treated adolescents and at least twice the rate of placebo) were headache (13.7% vs. 3.9%), somnolence (11.8% vs. 0%), nausea (9.8% vs. 0%), and vomiting (5.9% vs. 0%)
  • Two (3.9%) adolescents in the active arm discontinued the study due to an adverse event (0% for placebo)

Live Webcast

The Company will host a live webcast to discuss the IRIS results in greater detail at 8:00 a.m. ET today, Monday, June 22, 2026. To access the live webcast, please visit the “Events and Presentations” page within the Investors section of the Maplight website https://ir.maplightrx.com/news-events/events-presentations. An archived replay will also be available on the website for at least 90 days following the event.

About ML-004 and IRIS

ML-004 is an immediate-release, or IR, and extended-release, or ER, formulation of zolmitriptan, a 5-HT1B/1D agonist currently approved for the acute treatment of migraine. The Phase 2 IRIS trial (NCT05081245) is a randomized, double-blind, placebo-controlled trial evaluating the efficacy, safety, and tolerability of ML-004 in adults (age 18-45) and adolescents (age 12-17) with autism spectrum disorder. A total of 161 participants were randomized, inclusive of 102 adolescents.

About MapLight Therapeutics

MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on improving the lives of patients suffering from debilitating central nervous system disorders. The Company was founded by globally recognized leaders in psychiatry and neuroscience research to address the lack of circuit-specific pharmacotherapies available to patients. The Company’s discovery platform holds the potential to fill this void by identifying neural circuits causally linked to disease and targeting those circuits for therapeutic modulation.

For more information, please visit www.maplightrx.com.

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the federal securities laws, including, but not limited to, the clinical development and potential benefits of ML-004. Words such as “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “design,” “estimate,” “predict,” “potential,” “develop,” “plan” or the negative of these terms, and similar expressions, are intended to identify forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to the Company on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties (including, without limitation, those set forth in the Company’s filings with the U.S. Securities and Exchange Commission (SEC)), many of which are beyond the Company’s control and subject to change. Actual results could be materially different. Risks and uncertainties include: the unpredictable relationship between preclinical study results and clinical study results; the risk that results obtained in any clinical trials to date may not be indicative of results obtained in ongoing or future trials; the timing or likelihood of regulatory filings and approvals; expectations regarding the Company’s ability to fund its current operations; and other risks and uncertainties identified in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and subsequent disclosure documents the Company may file with the SEC. The Company claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. The Company expressly disclaims any obligation to update or alter any statements whether as a result of new information, future events or otherwise, except as required by law.

For investor inquiries: investors@maplightrx.com

For media inquiries: media@maplightrx.com


FAQ

What were the topline Phase 2 IRIS results for MapLight (Nasdaq:MPLT) ML-004 in autism announced June 22 2026?

ML-004 did not meet the primary social communication endpoint but showed subgroup benefits. According to MapLight, adolescents with baseline ABC-I ≥16 had meaningful irritability improvements on caregiver ABC-I and clinician CGI-I measures, while overall safety was favorable with no severe or serious adverse events reported.

Did MapLight’s ML-004 meet the primary endpoint in the Phase 2 IRIS autism trial (MPLT)?

No, the IRIS study did not meet its primary ABI Social Communication endpoint. According to MapLight, the Phase 2 trial showed its main signal in a prespecified adolescent subgroup with clinically significant irritability, rather than in the overall study population for social communication outcomes.

How did ML-004 affect irritability in adolescents with autism in MapLight’s Phase 2 IRIS study (MPLT)?

ML-004 improved irritability in adolescents with baseline ABC-I ≥16 versus placebo. According to MapLight, this subgroup (N=20) showed LS mean ABC-I difference −9.58 (effect size 1.33; nominal p=0.013) and clinician CGI-I irritability effect size 1.08 with nominal p=0.036.

What safety and tolerability profile did MapLight report for ML-004 in the Phase 2 IRIS autism trial?

ML-004 was generally well-tolerated in IRIS, with only mild to moderate TEAEs. According to MapLight, no severe or serious adverse events occurred with ML-004, no extrapyramidal events were seen, and mean weight gain was lower for ML-004 than for placebo across participants.

What are MapLight’s next steps with the FDA after the Phase 2 IRIS ML-004 results (MPLT)?

MapLight plans to discuss ML-004’s path forward with the FDA. According to MapLight, it expects to hold an End-of-Phase 2 meeting to review IRIS data, including adolescent irritability findings using ABC-I, and determine the subsequent clinical development strategy.

How do the IRIS results impact MapLight’s broader clinical pipeline, including the ZEPHYR trial for ML-007C-MA (MPLT)?

The IRIS results refine ML-004’s development focus while the broader pipeline continues. According to MapLight, the company remains well capitalized and expects topline Phase 2 ZEPHYR results for ML-007C-MA in schizophrenia by mid-August 2026, alongside regulatory planning for ML-004.

What were the treatment-emergent adverse event rates for ML-004 versus placebo in MapLight’s IRIS trial?

Treatment-emergent adverse events were more frequent with ML-004 than placebo, especially in adults. According to MapLight, adolescent TEAEs were 62.7% for ML-004 versus 41.2% for placebo, while adult TEAEs were 86.7% for ML-004 versus 72.4% for placebo in the randomized population.