Compass shares rose 3% after the London-based mental-health care group reported in a follow-up study that its COMP360 psilocybin treatment, alongside...
Shares of Compass Pathways PLC climbed on Friday after the U.S.-listed healthcare group announced a successful follow-up study of a psychedelic drug used to treat major depression in cancer patients.
Compass shares CMPS rose 3% after the London-based mental-health care group reported that more than half of patients treated with one 25 milligram dose of the COMP360 psilocybin treatment, alongside psychological support, showed remission of depression at 18 months. The open-label follow-up study involved 30 patients with curable and incurable cancer and major depressive disorder. Of those, 64.2% showed “sustained clinical response” from baseline to 18 months follow-up, and 57.2% showed depression in remission at 18 months.
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