Market Entry DelayMarket entry for COMP360 has been pushed back by one year to 2028, leading to increased uncertainty about future earnings potential.
Trial DelaysThe anticipated data readouts for the Phase III COMP360 program in treatment-resistant depression have been delayed for both the COMP005 and COMP006 trials, causing disappointment among investors.
Workforce ReductionManagement plans to reduce the workforce by approximately 30% to focus resources on the execution of the Phase III program, which reflects the challenges arising from the delay.