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Benzinga
Benzinga
Business
Vandana Singh

Why Is ATAI Life Sciences Stock Trading Lower On Monday?

ATAI ATAI Life Sciences Schizophrenia Clinical Trial
biotech lab

Amid a surge in research targeting cognitive disorders, the pharmaceutical industry is witnessing a wave of pivotal trial results that could reshape schizophrenia treatment paradigms. As biotech firms race to develop innovative therapies, Recognify Life Sciences steps into the spotlight with new findings from its latest clinical trial.

Recognify Life Sciences announced data from a randomized, double-blind, placebo-controlled Phase 2b trial evaluating inidascamine (formerly RL-007) in patients with cognitive impairment associated with schizophrenia (CIAS). Recognify is a strategic investment of ATAI Life Sciences N.V. (NASDAQ:ATAI).

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