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Updated 2d ago
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This Biotech's LSD-Based Drug Just Treated Depression. Now The Stock Is Sky-High.
Definium Therapeutics reported strong results from its Phase 3 Emerge study for DT120 ODT, an LSD-based depression pill. A single dose significantly reduced major depressive disorder symptoms in a 149-patient trial. The company's stock rose sharply following the announcement on June 22, 2026.
What changed
The company released topline Phase 3 data for its DT120 depression treatment.
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Definium Therapeutics Shares Surge After Phase 3 Depression Trial Success
confidence 95%Definium Therapeutics reported strong results from its Phase 3 Emerge study for DT120 ODT, an LSD-based depression pill. A single dose significantly reduced major depressive disorder symptoms in a 149-patient trial. The company's stock rose sharply following the announcement on June 22, 2026.
What's confirmed:
- Definium Therapeutics' LSD-based drug DT120 ODT met its primary and key secondary endpoints in the Phase 3 Emerge trial.
- The Emerge trial included 149 patients with major depressive disorder.
- The primary endpoint was met with a statistical significance of p
- Definium Therapeutics shares surged on Monday, June 22, 2026, following the clinical results.
- The CEO described the trial results as the "best data ever seen."
- Definium is currently awaiting data from a second pivotal trial.
Still unconfirmed:
- Definium Therapeutics shares jumped 64% premarket.
- The company announced a large capital raise.
- Definium shares surged 50% to a more than four-year high.
- Shares of Definium Therapeutics surged approximately 55% in premarket trading.