Compass Pathways Phase 3 Psilocybin trial results - Psychedelic Stock down 50%?! Emergency podcast!

Compass Pathways Phase 3 Psilocybin trial results - Psychedelic Stock down 50%?! Emergency podcast!

Compass Pathways ($CMPS) released an interim readout from their Phase 3 trial of Psilocybin (COMP360) for treatment resistant depression (TRD).


The data was positive and highly anticipated by the psychedelic community, but the stock dropped 50% on June 23rd. Brom Rector and Sam Tabone of XEIA Venture Partners react and comment in this emergency podcast.


We discuss:


(0:00) - what did the Compass Pathways data readout actually say


(12:00) - putting the Compass trial results into context vs SSRIs, Lexapro, Spravato and Ketamine


(19:00) - why Compass crashed


(24:00) - will Comp360 get FDA approval?


(26:00) - will COMP360 be commercially successful?


(30:00) - price targets for Compass Pathways $CMPS


(35:00) - will Compass get acquired?


(40:00) - are we bullish or bearish on Compass?


Learn more about Brom, Sam and XEIA at www.xeiavp.com

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