Compass Pathways Plc ((CMPS)) announced an update on their ongoing clinical study.
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Compass Pathways Plc is conducting a Phase III clinical study titled A Phase III, Multicentre, Randomised, Double-blind, Controlled Study to Investigate the Efficacy, Safety, and Tolerability of Two Administrations of COMP360 in Participants With Treatment-resistant Depression. The study aims to evaluate the effectiveness, safety, and tolerability of COMP360, a psilocybin-based treatment, in adults suffering from treatment-resistant depression (TRD). This research is significant as it explores new avenues for treating TRD, a condition that affects many individuals worldwide.
The intervention being tested is COMP360, a psilocybin drug administered in doses of 25 mg, 10 mg, and 1 mg. The purpose of this treatment is to alleviate symptoms of depression in patients who have not responded to traditional therapies.
The study design is interventional, with participants randomly assigned to different treatment groups in a parallel model. It employs a quadruple masking approach, meaning that the participant, care provider, investigator, and outcomes assessor are all blinded to the treatment allocation. The primary goal of the study is treatment-focused.
The study began on February 14, 2023, and is currently recruiting participants. The primary completion date is not specified, but the last update was submitted on August 4, 2025. These dates are crucial as they indicate the study’s progress and timeline for potential results.
This study update could positively impact Compass Pathways’ stock performance and investor sentiment, given the growing interest in alternative depression treatments. The success of COMP360 could position the company as a leader in the emerging field of psychedelic-based therapies, influencing the broader industry landscape.
The study is ongoing, with further details available on the ClinicalTrials portal.