Clinical TrialsVistaGen announced the completion of its Phase 3 PALISADE-3 study evaluating fasedienol for the acute treatment of social anxiety disorder, with topline results expected by YE25.
Financial PositionWith $63.2 million in cash as of June 30, 2025, the company is fully funded through readouts of both PALISADE trials and into an NDA submission expected in the first half of 2026.
Market PotentialPALISADE-3 and -4 represent dual shots on goal for confirmatory data to back positive results from PALISADE-2 to reach the potential >30 million patient market in the U.S. alone with a novel inhaled neurosteroid that avoids material systemic exposure and adverse events.