Biopharmaceutical company
Appears in 2 stories · Last updated Oct 28, 2026
Developer of BPL-003 nasal spray
A single dose of mebufotenin benzoate nasal spray reduced depression scores for at least eight weeks in a 193-patient phase 2b trial published in the Journal of the American Medical Association. The psychedelic compound, found in Sonoran Desert toad venom, cut scores on the Montgomery-Γ sberg Depression Rating Scale (MADRS) by 11.1 points at day 29 with a 12-milligram dose, versus 5.8 points for a 0.3-milligram comparator.
Updated Oct 28
As of July 2026: Target of the acquisition
Eli Lilly agreed to buy AtaiBeckley for $6.75 a share in cash, about $2.8 billion, with up to $1 billion more if two drugs hit development targets. The purchase pulls one of the world's largest drugmakers into psychedelic medicine.
Updated Jul 16
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