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Helus Pharma’s HLP003 Phase III Trial Could Validate Psychedelic Mental Health Profile

Helus Pharma logoHelus Pharma
Sig1.90Sen+2.35Env0.00Soc+1.60Gov0.00

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.

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