Welcome to our dedicated page for Vistagen Therapeutics news (Ticker: VTGN), a resource for investors and traders seeking the latest updates and insights on Vistagen Therapeutics stock.
Vistagen Therapeutics, Inc. develops late clinical-stage biopharmaceutical programs based on nose-to-brain neurocircuitry and intranasal pherine product candidates. Company news centers on fasedienol nasal spray for the acute treatment of social anxiety disorder, including PALISADE Phase 3 study updates, and refisolone nasal spray for vasomotor symptoms due to menopause.
Recurring updates also cover FDA and IND communications, clinical data from psychiatric and neurological programs, fiscal results, cash-management actions, executive and board changes, and healthcare investor conference presentations. The company’s pipeline is described around investigational intranasal candidates for indications that include social anxiety disorder, major depressive disorder, and menopausal hot flashes.
Vistagen (NASDAQ: VTGN) reported positive results from a preclinical study on AV-101, an oral NMDA receptor antagonist, in a MPTP non-human primate model for Parkinson's disease. The study demonstrated a significant 25% reduction in levodopa-induced dyskinesia (LID) while maintaining levodopa's antiparkinsonian effects. Conducted by Dr. Thérèse Di Paolo, the research highlights AV-101's potential to enhance treatment for motor complications in Parkinson's. Additionally, the U.S. Patent and Trademark Office issued Patent No. 10,632,091 for AV-101's therapeutic use, valid until at least 2034.
Vistagen (VTGN) reported significant progress in its clinical trials for PH94B and PH10 aimed at treating social anxiety disorder and major depressive disorder. After an independent interim analysis recommended continuing the PALISADE-2 Phase 3 study, Vistagen is preparing to restart it and meet with the FDA. The PALISADE Open Label Study showed strong improvements in anxiety symptoms for nearly 400 participants. Financially, R&D expenses rose to $12.9 million in Q2 FY2023, with a net loss of approximately $17.5 million, while cash reserves stood at about $35.3 million as of September 30, 2022.
Vistagen (NASDAQ: VTGN), a late clinical-stage biopharmaceutical company focused on CNS disorders, will host a conference call on November 10, 2022, at 2:00 p.m. PT to discuss its fiscal Q2 2023 financial results, which ended on September 30, 2022. The firm is developing therapeutics aimed at treating anxiety and depression with fewer side effects than current options. Key candidates include PH94B and PH10, designed as rapid-onset neuroactive steroids that target olfactory pathways. The event will also feature a webcast and telephonic replay after the call.
Vistagen Therapeutics (Nasdaq: VTGN), a clinical-stage biopharmaceutical company focused on CNS disorders, announced that CEO Shawn Singh will present at the Stifel 2022 Healthcare Conference in New York on November 15, 2022, at 9:10 a.m. Eastern Time. The company is developing innovative therapeutics for anxiety and depression, including investigational drugs PH94B and PH10, which offer a novel rapid-onset mechanism. Investors can arrange one-on-one meetings by contacting the conference coordinator.
Vistagen Therapeutics (Nasdaq: VTGN) announced the adjournment of its 2022 Annual Meeting to October 28, 2022 to vote on two critical proposals: a reverse stock split to maintain its Nasdaq listing and an amendment to its bylaws regarding board composition. Currently, approximately 45.5% of shares voted support for the reverse split, while only 28.9% back the bylaw amendment. The company encourages stockholders to review the proxy statement filed with the SEC on August 31, 2022 for more details.
Vistagen (Nasdaq: VTGN), a biopharmaceutical company focused on CNS disorders, announced that CEO Shawn Singh will participate in a panel on emerging therapies for psychiatric disorders at the Cantor Neurology & Psychiatry Conference in San Francisco on October 6-7, 2022. The panel, titled 'Emerging broad pipeline for psychiatric indications does not weigh on our mind,' is scheduled for October 7 at 7:50 a.m. PT. The presentation will only be available to attendees, and Vistagen is advancing novel therapies promising faster action and fewer side effects.
Vistagen (Nasdaq: VTGN) announced promising findings for PH94B, a first-in-class investigational nasal spray for treating social anxiety disorder. At Psych Congress in New Orleans on September 18, 2022, data showed that PH94B significantly activated nasal chemosensory cells, reduced sympathetic tone, and induced self-reported calmness in healthy subjects. Unlike steroid hormones, PH94B led to notable decreases in heart rate and stress indicators. No severe adverse events were reported, supporting further study of its therapeutic potential in anxiety disorders.
Vistagen Therapeutics, Inc. (Nasdaq: VTGN) announced that CEO Shawn Singh will participate in two upcoming investor conferences in New York. The events are:
- Morgan Stanley 20th Annual Global Healthcare Conference: September 13 at 9:10 a.m. ET
- Baird 2022 Global Healthcare Conference: September 14 at 2:35 p.m. ET
Vistagen is focused on transforming treatments for anxiety and depression using innovative pherines, which are designed to have rapid effects with minimal side effects.
Vistagen Therapeutics (NASDAQ: VTGN) reports that independent biostatisticians recommend continuing the PALISADE-2 Phase 3 clinical trial for PH94B, an innovative treatment for Social Anxiety Disorder (SAD). The interim analysis of 140 completed subjects showed no need for changes. Vistagen plans to enroll a total of 208 subjects and expects topline results in the first half of 2023. PH94B aims to provide a rapid-acting, intranasal treatment without the side effects commonly associated with existing medications, supporting a new approach to treating anxiety disorders.
VistaGen Therapeutics, Inc. (Nasdaq: VTGN) reported its Q1 fiscal 2023 results, pausing enrollment in PALISADE-2 and conducting an interim analysis following PALISADE-1's failure to meet primary efficacy endpoints for PH94B in treating social anxiety disorder (SAD). However, preliminary data from nearly 200 subjects indicate potential cumulative functional improvement with PH94B. R&D expenses rose to $15.3 million, while G&A expenses increased to $4.8 million, leading to a net loss of $19.8 million. The company has $52 million in cash, anticipating a reduction in external spending to extend its cash runway.