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Stock impact report

Why Atai Life Sciences Stock Crushed It on Tuesday [Yahoo! Finance]

Atai Beckley N.V - Common Shares (ATAI) 
US:NASDAQ Investor Relations: ir.atai.net.cn
Company Research Source: Yahoo! Finance
It is developing the medication in collaboration with a privately held peer. 10 stocks we like better than Atai Life Sciences › Atai Life Sciences (NASDAQ: ATAI) , an ambitious biotech that targets mental health disorders, was a hot item among equity investors Tuesday. The company saw its share price rise by just under 15% that day, thanks to quite positive results from a clinical trial of an investigational drug. That rise came during a session when the S&P 500 index fell by 0.6%. A most promising drug That drug, tagged BPL-003 by Atai, is an antidepressant that was recently evaluated in an open-label phase 2a study. The company is developing the medication in collaboration with a privately held healthcare company based in the U.K., Beckley Psytech. The study aimed to evaluate the medicine's effect on patients with treatment-resistant depression. Image source: Getty Images. Atai and Beckley divulged the results of that testing, and they wrote in a press release that the Show less Read more
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