Compass Pathways Plc ((CMPS)) announced an update on their ongoing clinical study.
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Compass Pathways Plc is conducting a pivotal 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 and safety of COMP360, a psilocybin-based treatment, in alleviating symptoms of treatment-resistant depression (TRD). This research is significant as it explores alternative therapeutic options for individuals who have not responded to traditional depression treatments.
The intervention being tested is COMP360, a form of psilocybin administered in varying doses (25 mg, 10 mg, and 1 mg) to participants. Psilocybin is a psychedelic compound intended to improve depressive symptoms when combined with psychological support.
The study is designed as a randomized, parallel-group trial with a quadruple masking approach, meaning neither participants nor the care providers, investigators, or outcomes assessors know which treatment is being administered. The primary goal is to assess the treatment’s effectiveness for TRD.
The study began on February 14, 2023, and is currently recruiting participants. The primary completion and estimated study completion dates have not been specified, but the last update was submitted on July 28, 2025. These timelines are crucial for investors to track the study’s progress and anticipate potential market impacts.
This study update could influence Compass Pathways’ stock performance and investor sentiment, especially as the company explores innovative treatments in a competitive industry. Success in this trial could position Compass Pathways as a leader in the psychedelic treatment space, potentially impacting competitors and the broader market.
The study is ongoing, and further details can be accessed on the ClinicalTrials portal.