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Benzinga
Benzinga
Business
Vandana Singh

Atai Life Sciences Remains Undervalued, Analyst Initiates With Around 125% Stock Upside

ATAI ATAI Life Sciences Needham Mental Health
Businessman,Using,A,Mobile,Phone,To,Check,Stock,Market,Data,

Needham on Monday initiated coverage on Atai Life Sciences NV (NASDAQ:ATAI), a clinical-stage biopharmaceutical company focused on developing treatments for mental health.

The company’s lead drug candidate, BPL-003, is under development for treatment-resistant depression.

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