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Delix Hits In Phase I And Plans To Prove Its Concept

 
• By Elizabeth Cairns

The group has plans for mid-stage depression trials – but no plans to find a partner.  

Pile of pills in color fantasy with psychedelic colors showing confusion or disorientation due to drugs with copy space
• Source: Shutterstock/oleschwander

In order to bring its psychedelic-based therapy for depression to market, Delix Therapeutics, Inc. has to do three things: show that it spurs the growth of new synapses in the brain; show that it does not cause unpleasant psychoactive side effects – always a risk with this class of drugs – and most importantly, show that it improves depression.

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Stock Watch: Dollar Weakness, Tariffs, Biosimilars In J&J’s Q1 Mix

 
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