Helus Pharma’s HLP003 Phase III Trial Could Validate Psychedelic Mental Health Profile
Early trials for Helus’ HLP003 oral psilocin and HLP004 IM DMT indicate adjunctive efficacy and durability, but sample sizes were small. The company is running a phase III study for HLP003, which could confirm its clinical profile and lessen the valuation discount. The outlook remains highly risk-laden despite unmet demand.