COMPASS Pathways develops psilocybin-based therapies for mental health, focusing on treating treatment-resistant depression (TRD). Its lead drug candidate, COMP360, is a high-purity psilocybin formulation given alongside psychological support from trained therapists. The treatment is delivered through a global Phase 3 program, aiming to establish a regulatory-approved therapy. Compared with other players, COMPASS emphasizes a standardized therapeutic model that pairs a pharmaceutical compound with guided psychotherapy and has the largest psilocybin Phase 3 program to date, supported by Breakthrough Therapy designation from the FDA. The company originated from a nonprofit idea, transformed into a for-profit entity to fund extensive trials, and is pursuing regulatory approval and eventual commercialization through licensing and partnerships. Its goal is to bring approved, evidence-based psilocybin treatments to patients with TRD and scale access through a commercial pathway.
Company Size
201-500
Company Stage
IPO
Headquarters
London, United Kingdom
Founded
2016
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Compass Pathways has appointed Kelley Boucher as Chief People Officer, effective immediately. The biotechnology company is preparing for a New Drug Application submission in Q4 2026 for COMP360 psilocybin, a treatment for treatment-resistant depression, with potential FDA approval expected in the first half of 2027. Boucher brings over 20 years of experience in biotechnology and healthcare. She previously served as Chief People Officer at Apellis Pharmaceuticals and held senior HR roles at Alnylam Pharmaceuticals, where she helped transition the company from research-focused to commercial-stage. In her new role, Boucher will oversee Compass's people strategy, focusing on scaling operations ahead of the planned commercial launch. COMP360 has received Breakthrough Therapy designation from the FDA.
Compass Pathways appoints Kelley Boucher as Chief People Officer. Key Takeaway: Compass Pathways has appointed Kelley Boucher as Chief People Officer, effective immediately. This strategic move aims to strengthen the executive team as the company focuses on scaling its operations. The appointment aligns with Compass's mission to introduce innovative psychedelic treatments in psychiatry. Market sentiment analysis. Positive factors. * Appointment of Kelley Boucher enhances executive team. * Focus on scaling operations to support mental health care. * Commitment to introducing classic psychedelic treatments. BiopharmaWatch analysis. From its catalyst data and publicly available data · not financial advice Best trade, last catalyst 120-day peak, hindsight Typical move average across 2 past catalysts Cash runway Minimal dilution risk Lead asset Phase 3 · Major Depressive Disorder LONDON & NEW YORK-(BUSINESS WIRE)- $CMPS #Biotech-Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care, announced the appointment of Kelley Boucher as Chief People Officer, effective today. This appointment strengthens the Compass executive team as the company continues to scale in support of its mission to bring the first classic psychedelic treatment to the field of psychiatry. In this role, Ms. Boucher will oversee Frequently asked questions. Who is the new Chief People Officer at Compass Pathways? Kelley Boucher has been appointed as the Chief People Officer. What is Kelley Boucher's role at Compass Pathways? She will oversee the company's human resources and support its scaling efforts. What is Compass Pathways focused on? The company is dedicated to developing new treatment options in mental health care. When did Kelley Boucher's appointment take effect? Her appointment took effect immediately.
MAHA summit highlights innovations reshaping American healthcare. Original article can be found here. (The Center Square) - The second Make America Healthy Again Summit brought together dozens of leading voices on the frontier of innovation in healthcare to tackle familiar MAHA priorities, including reversing the chronic disease epidemic and giving Americans greater control over their health. MAHA Action cofounder and President Tony Lyons underscored that mission in his opening remarks. "The chronic disease epidemic is the defining domestic crisis of our generation and ending it is our greatest shared mission," Lyons said. The summit featured back-to-back panel discussions on 14 topics, including psychedelics in medicine, democratizing care, healthcare affordability, artificial intelligence and early cancer detection. The psychedelics panel addressed an epidemic within the epidemic: mental health. Roughly one in six American adults, or 16.6%, reported currently taking antidepressants in a 2026 study led by a Harvard Medical School professor. But according to Kabir Nath, CEO of biotechnology company Compass Pathways, 4 million Americans still suffer from treatment-resistant depression, meaning conventional treatments have failed to sufficiently relieve their symptoms. "That's somebody typically who's had depression for a decade or more, has had multiple episodes, and in our studies, the current episode is lasting three to four years," Nath said. "So these are people who have not found relief from any medicines. They're at high risk for suicidality." Nath and the other panelists lead companies working to make psychedelic medicines - under medical supervision and in a controlled setting - an option for mental health treatment, as they believe the field suffers from a lack of options for patients. Selective serotonin reuptake inhibitors, more commonly known as SSRIs, became widely used in the 1990s and have remained one of the most commonly prescribed treatments for depression. "What's missing from current possibilities? Something that works quickly. Most things that exist today work slowly. Something that's durable, and something that you can take infrequently but has sustained effect," Nath said. Nath said Compass anticipates launching its psilocybin-based treatment for treatment-resistant depression in early 2027. Rob Barrow, the CEO of Definium Therapeutics, also anticipates drug approvals for next year. While AI and healthcare had a panel of its own, nearly every discussion touched on how emerging technologies are reshaping both the American healthcare system and the way individuals manage their own health. That was true in the discussion of "Prevention, Earlier Detection, and a New Future for Cancer." GRAIL is a healthcare company that has developed a simple blood test that can detect over 50 types of cancer. "We can screen for them before symptoms develop," said GRAIL CEO Josh Ofman. "It's because of advances in human genomics and advances in AI that have enabled us to do that." Ofman said those advancements could help shift healthcare from relying on snapshots of a person's health at individual points in time toward a more complete understanding of how their health changes over time. "A huge change that we could not have done five or 10 years ago in the whole diagnostics industry [is] to move away from these single snapshot views of our health to the 'movie,' which really provides us biological intelligence or biological surveillance, so that we can survey the biology of an individual over time," he said. The summit's dedicated AI and healthcare panel took those questions further, examining how the technology could change access to care, the work of healthcare professionals and the system itself. Virgílio Bento, CEO and founder of Sword, a company that delivers AI care with clinical oversight to promote whole-body health, argued that AI could expand access to healthcare by delegating work to AI and automating tasks that currently require clinicians, freeing them to devote more attention to patients and tasks that require human care. "The promise of AI healthcare is removing all barriers in terms of access to care," Bento said, pointing to the labor-intensive nature of healthcare as a barrier to care. "We believe that AI in this context can be the great equalizer in healthcare... and that's what we are working towards: building a world where the poorest person in the U.S. has access to the same high-quality healthcare as the richest person." However, Nick Perry, cofounder and CEO of Candid Health, a company working to automate medical billing and claims processing, emphasized the importance of orchestration - coordinating AI agents, other tools and processes - and being selective about where AI is best used. "The orchestration part of AI is I think a really, really important part of the problem because if AI is the only tool you use, it's a very expensive tool and it's not perfect," Perry said. "How do you make sure you're using the agents in exactly the right place in the most cost-efficient bit and the most cost-efficient way?" Syed Mohiuddin, head of healthcare at Anthropic, can envision a future where AI can do some of clinicians' work and even address physician shortages - but doesn't see that future as immediate. "To get there, very importantly, we have to make sure it actually works at every step of the way, and we have to continue to train the models to be maximally effective, and then to integrate the system. Because what you can't have is models that are good, but a system that doesn't know how to use it," Mohiuddin said. "That's where time and diffusion actually matter more than the technology itself, right?" "We have to be very backed by taking a hyper-safe, hyper-responsible approach," Mohiuddin added. "There is no industry that is more important than healthcare, and there is no more important thing we could do with this technology than allow for people to be healthier." Posted by The Center Square. The Center Square was launched in 2019 to fulfill the need for high-quality statehouse and statewide news across the United States. The focus of its work is state- and local-level government and economic reporting. A taxpayer sensibility distinguishes its work from other coverage of state and local issues. As a result of this approach, its readers are better informed about the focus of state and local government and its cost to the citizens whose tax dollars fund governmental decisions. (Note: Articles may not be original content. Reference byline for original source.)
Definium Therapeutics reports 5.1-point gap in second Phase 3 anxiety study. Panorama's week-12 result came with widespread treatment guesses; Definium plans an FDA meeting in the fourth quarter. The U.S. Food and Drug Administration is scheduled to discuss DT120 lysergide in the fourth quarter after Sept. 14 results showed a 5.1-point week-12 advantage over placebo on the Hamilton Anxiety Rating Scale (HAM-A). Definium Therapeutics, Inc. NASDAQDFTX had a US$5.42 billion market value at the Sept. 22, 4 p.m. EDT close, according to the linked Google Finance quote. The New York clinical-stage developer said its 245-person Phase 3 Panorama study in generalized anxiety disorder produced its second positive readout in that indication. Panorama followed Definium's Voyage readout in generalized anxiety disorder in August and its Emerge readout in major depressive disorder in June. DT120 remains investigational, and Definium expects to file a new drug application in the first half of 2027 after its planned FDA discussion. The trial assigned 96 adults to 100 micrograms and 97 to placebo. Another 52 were randomized to the 50-microgram arm to help reduce functional unblinding; the lower-dose arm was not designed for a statistical efficacy comparison. The controlled comparison ran for 12 weeks; a 40-week open-label extension continues. At week 12, the HAM-A score declined by an adjusted mean 9.8 points in the high-dose group against 4.7 points for placebo. The placebo-adjusted difference was 5.1 points, with a p value below 0.0001, according to the Sept. 14 release. Definium also reported meeting three key secondary efficacy endpoints, including a week-one anxiety measure and a day-two clinician severity measure. Treatment guesses complicate blinding. Definium's same-day presentation says 95 per cent of high-dose recipients and 91 per cent of lower-dose recipients correctly guessed they had received the drug. The company says the dose response supports an effect beyond treatment expectations, but the lower-dose arm was not powered to establish a separate efficacy result. The FDA's July 2026 psychedelic-trial guidance, docket FDA-2023-D-1987, warns that functional unblinding can introduce expectation bias and make an inert placebo problematic for measuring efficacy. The guidance discusses psychedelic trials generally; it does not assess Panorama. "Study results should be strongly persuasive and robust across study endpoints to overcome biases that may be introduced by functional unblinding," the FDA said in the guidance. Treatment-emergent adverse events occurred in 94.8 per cent of high-dose recipients and 62.9 per cent of placebo recipients. The presentation records two serious adverse events in the 100-microgram arm, both deemed unrelated to the drug by Definium. The company reported no suicidality signal. Participants were monitored for at least eight hours on dosing day. Definium said 94 per cent of high-dose recipients met its end-of-session criteria by hour eight, a measure of how long supervised dosing may take. FDA meeting planned for fourth quarter. Definium's Aug. 6 results put cash, cash equivalents and investments at about US$1.1 billion as of June 30. The company projected that these resources would fund operations into 2030 under its operating plan at the time. Compass Pathways plc NASDAQCMPS is developing COMP360 psilocybin for treatment-resistant depression. Compass announced on April 24 that the FDA had granted rolling submission and review for its planned application. That is a different indication and regulatory stage from Definium's planned meeting. At its pre-application meeting in the fourth quarter of 2026, Definium expects to discuss the filing it plans for the first half of 2027.
Compass Pathways eyes 2027 COMP360 launch as FDA review advances. September 22, 2026 Key points. * Compass Pathways expects to submit COMP360's new drug application in the fourth quarter, potentially enabling a U.S. launch for treatment-resistant depression in the first half of 2027. The FDA is conducting a rolling review, with the therapy's draft label and risk-mitigation framework already under consideration. * Phase III trials produced statistically significant depression improvements, with some patients responding within 24 hours and about 40% responding after two doses. Reported side effects, including nausea, headache and fatigue, were generally transient. * Compass anticipates an initial regimen of two doses at least three weeks apart, followed by physician-directed redosing two to four times annually. The company plans to leverage existing SPRAVATO treatment centers and is also advancing a potentially registrational Phase IIb/III study of COMP360 for PTSD. * Five stocks we like better than Compass Pathways. Compass Pathways NASDAQ: CMPS expects to complete its new drug application submission for COMP360, its investigational psilocybin treatment for treatment-resistant depression, in the fourth quarter, with a potential U.S. launch in the first half of 2027, executives said at the Morgan Stanley Global Healthcare Conference. Chief Executive Officer Kabir Nath said the company has a rolling submission and rolling review underway with the U.S. Food and Drug Administration. Compass has received breakthrough therapy designation and expects to receive a Commissioner's National Priority Voucher, which Nath said has increased the level of interaction with the agency. "We actually have a draft label already under review. The REMS framework is under review," Nath said, referring to the Risk Evaluation and Mitigation Strategy program that could govern administration of the therapy. He added that Compass has submitted its eight-factor analysis related to rescheduling and that inspections were beginning. Nath said the company expects the FDA process to maintain the same standards applied to other psychiatric medicines, despite the expedited engagement. He said Compass does not yet know whether the agency will use a standard 60-day filing acceptance process or issue a six-month PDUFA target date after the rolling review is complete. Phase III program and treatment-resistant depression market. Compass is developing COMP360 for treatment-resistant depression, or TRD, which the company defines as depression following failure of two antidepressants. Chief Commercial Officer Lori Englebert said approximately 4 million of the 13 million U.S. patients receiving drug treatment for major depressive disorder have TRD. Englebert contrasted the TRD market with the broader major depressive disorder market, noting that there are 55 approved products used annually for MDD but only one product specifically indicated for TRD: Johnson & Johnson's SPRAVATO. Discover more Track Stocks Bonds Compass' Phase III program included two studies. Nath said COMP005 evaluated a single 25-milligram dose of COMP360 against placebo and was designed in part to establish a safety baseline. COMP006 evaluated 25-milligram, 10-milligram and 1-milligram doses, with two fixed doses administered three weeks apart. The 1-milligram dose was intended to provide some subjective effects rather than serve as an inert placebo, while the 10-milligram dose was intended to help assess dose response and blinding. Both studies used a six-week primary endpoint and remained blinded through 26 weeks, Nath said. He said the trials showed statistically significant results on the primary endpoint, with a difference of just under four points in change from baseline on the Montgomery-Åsberg Depression Rating Scale, or MADRS. Nath said the company observed rapid onset, with patients who responded potentially showing improvement within 24 hours. He said roughly one-quarter of patients had a clinically meaningful response following one administration, while approximately 40% responded after two doses given three weeks apart. Compass also reported durability through 26 weeks and said data from COMP005 extending to 52 weeks indicated that a potential third dose had efficacy comparable with earlier doses. According to Nath, the most common adverse events were generally transient and occurred on the dosing day, including nausea, headache and fatigue. He said these events typically resolved within one or two days. Dosing burden, sites and reimbursement. Englebert said Compass expects its eventual label to specify two initial doses given at least three weeks apart, although physicians would decide whether a patient needs the second dose. She said the company anticipates patients could require two to four doses annually, with redosing at physician discretion. She compared that potential schedule with SPRAVATO, which she said is administered twice weekly during the first month, weekly in the second month and then weekly or every other week for ongoing maintenance. Nath said that, because of that treatment burden, many SPRAVATO patients do not continue beyond seven or eight months. Compass sees existing SPRAVATO treatment infrastructure as a potential starting point for COMP360. Englebert said there are approximately 8,500 sites able to administer SPRAVATO and that those centers already have the rooms, staffing and monitoring capabilities needed for COMP360. She said such sites are growing by about 500 per quarter and are not currently at capacity. Only about 2% of the TRD population is treated with SPRAVATO and another 2% receives electroconvulsive therapy or transcranial magnetic stimulation, Englebert said. Compass plans to focus on newly identified TRD patients rather than targeting patients who are stable on SPRAVATO. On reimbursement, Englebert said providers should not be disadvantaged relative to administering SPRAVATO because they can initially use the same general evaluation and management billing codes. Compass plans to deploy a field reimbursement team at launch and encourage providers to attach Category III CPT codes, which could help support an eventual transition to Category I codes. Launch preparation and PTSD program. Following a potential approval, federal rescheduling would be required because psilocybin is currently a Schedule I substance. Englebert said that process could take from one to 90 days after approval. States would then need to reschedule the product before it could be shipped and prescribed in those jurisdictions. She said Compass has worked with states and expects that states representing 93% of the U.S. population would reschedule within 30 days of federal action. The company expects a measured initial launch as it focuses on provider reimbursement, site readiness and patient education, followed by broader adoption as sites gain experience. Compass is also advancing a Phase IIb/III study of COMP360 in post-traumatic stress disorder. Englebert estimated the PTSD population at about 13 million patients and said the last approved product in the indication was introduced 25 years ago. Nath said the study uses two fixed doses and has an eight-week primary endpoint using the CAPS-5 assessment, followed by a blinded period through 12 weeks and open-label follow-up for one year. Nath said Compass believes the study could be registrational, though the company has not provided enrollment or timing guidance. About Compass Pathways (NASDAQ:CMPS). Compass Pathways plc NASDAQ: CMPS is a biotechnology company developing novel treatments for mental health conditions. The company's primary focus is psilocybin therapy, which combines a proprietary investigational formulation with psychological support delivered by trained therapists. Its lead candidate, COMP360, is a synthetic crystalline formulation of psilocybin being studied primarily for treatment-resistant depression. Compass Pathways has conducted mid- and late-stage clinical trials evaluating COMP360 and has also investigated its potential use in other difficult-to-treat psychiatric conditions, including post-traumatic stress disorder and anorexia nervosa. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Compass Pathways, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Compass Pathways wasn't on the list. 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