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Stock impact report

Atai Beckley N.V. (ATAI) is a Buy on Mental Therapeutics Opportunities [Yahoo! Finance]

AtaiBeckley Inc. (ATAI) 
US:NASDAQ Investor Relations: ir.atai.net.cn
Company Research Source: Yahoo! Finance
N.V. (NASDAQ:ATAI) with a Buy rating and a $16 price target. According to the research firm, the company boasts of differentiated opportunities owing to its pipeline of psychedelic and empathogenic drugs targeting considerable neuropsychiatric indications. Jones Trading expects Atai Beckley to benefit from emerging trends favoring the development of drugs in different classes. For starters, the company is well-positioned to benefit from its lead assets, BPL-003 and VLS-01, for the treatment of resistant depression (TRD). Additionally, the research firm is buoyed by the TRD market, which is large enough and has sufficient unmet need to accommodate multiple treatments. The positive stance comes on the heels of the company developing its pipeline backed by a strengthened balance sheet, following the raising of $300 million. It has also advanced multiple clinical programs into late-stage development. The company has also deepened its position in next-generation mental health therapeut Show less Read more
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