Clinical DevelopmentThe company has accelerated its clinical development plans, leading to faster enrollment and earlier commercial readiness.
Financial StabilityCOMPASS remains well-capitalized with $185.9 million in cash, providing financial stability to deliver on upcoming milestones.
Regulatory SupportSupport from the FDA and HHS for psychedelic therapies represents an institutional tailwind for the space, benefiting COMPASS due to its advanced clinical status.