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atai Life Sciences and Beckley Psytech Report Positive Phase 2a Data Demonstrating Improved Outcomes with a Two-Dose Induction Regimen of BPL-003 in Patients with Treatment-Resistant Depression

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atai Life Sciences (NASDAQ: ATAI) and Beckley Psytech announced positive Phase 2a data for their treatment-resistant depression (TRD) drug BPL-003. The study evaluated a two-dose regimen (8mg followed by 12mg after two weeks) in 13 TRD patients.

Key findings showed rapid and durable efficacy with mean MADRS score reductions of 13.3 points at Day 2 and further improvement to 19.0 points after the second dose. Remission rates increased from 25% after the first dose to 50% at Week 8. The treatment demonstrated strong tolerability with only mild to moderate adverse events.

Following these positive results and pending FDA feedback, the companies plan to initiate Phase 3 clinical trials in H1 2026.

atai Life Sciences (NASDAQ: ATAI) e Beckley Psytech hanno annunciato dati positivi di Fase 2a per il loro farmaco per la depressione resistente al trattamento (TRD) BPL-003. Lo studio ha valutato un regime a due dosi (8 mg seguito da 12 mg dopo due settimane) in 13 pazienti con TRD.

I principali risultati hanno mostrato efficacia rapida e duratura con una riduzione media del punteggio MADRS di 13,3 punti al Giorno 2 e un ulteriore miglioramento fino a 19,0 punti dopo la seconda dose. Le remissioni sono passate dal 25% dopo la prima dose al 50% all'ottava settimana. Il trattamento ha dimostrato una buona tollerabilità con eventi avversi da lievi a moderati.

In seguito a questi risultati positivi e in attesa di un feedback FDA, le aziende pianificano di avviare studi clinici di fase 3 nell'H1 2026.

atai Life Sciences (NASDAQ: ATAI) y Beckley Psytech anunciaron datos positivos de Fase 2a para su fármaco para la depresión resistente al tratamiento (TRD), BPL-003. El estudio evaluó un régimen de dos dosis (8 mg seguido de 12 mg después de dos semanas) en 13 pacientes con TRD.

Los hallazgos clave mostraron eficacia rápida y duradera con reducciones medias en la puntuación MADRS de 13,3 puntos en el Día 2 y una mejora adicional a 19,0 puntos tras la segunda dosis. Las tasas de remisión aumentaron del 25% tras la primera dosis al 50% a la Semana 8. El tratamiento demostró una buena tolerabilidad con efectos adversos leves a moderados.

Tras estos resultados positivos y a la espera de comentarios de la FDA, las compañías planean iniciar ensayos clínicos de fase 3 en la primera mitad de 2026.

atai Life Sciences (나스닥: ATAI)와 Beckley Psytech는 치료 저항성 우울증(TRD)에 대한 두 번째 상의 데이터인 BPL-003의 긍정적 데이터를 발표했습니다. 이 연구는 TRD 환자 13명을 대상으로 2주 간격으로 8mg을 투여한 뒤 12mg을 추가하는 2회 투여 요법을 평가했습니다.

주요 결과는 빠르고 지속적인 유효성를 보여주었고, Day 2에 MADRS 점수가 평균 13.3점 감소했고 두 번째 용량 투여 후에는 19.0점으로 더 개선되었습니다. 1차 용량 후 완화 비율은 25%에서 8주 차에 50%로 증가했습니다. 치료는 경미한에서 중등도 정도의 부작용만으로 강한 내약성을 나타냈습니다.

이러한 긍정적 결과와 FDA의 피드백 대기 중, 양사는 2026년 상반기에 3상 임상시험을 시작할 계획입니다.

atai Life Sciences (NASDAQ: ATAI) et Beckley Psytech ont annoncé des données positives de Phase 2a pour leur médicament contre la dépression résistante au traitement (TRD), BPL-003. L’étude a évalué un schéma à deux doses (8 mg puis 12 mg après deux semaines) chez 13 patients TRD.

Les résultats clés ont montré une efficacité rapide et durable avec une réduction moyenne du score MADRS de 13,3 points au Jour 2 et une amélioration supplémentaire à 19,0 points après la deuxième dose. Les taux de rémission sont passés de 25% après la première dose à 50% à la 8e semaine. Le traitement a démontré une bonne tolérance avec des événements indésirables légers à modérés.

Suite à ces résultats positifs et en attente de retours de la FDA, les entreprises prévoient de lancer des essais de phase 3 au premier semestre 2026.

atai Life Sciences (NASDAQ: ATAI) und Beckley Psytech haben positive Phase-2a-Daten für ihr Medikament gegen behandlungsresistente Depressionen (TRD), BPL-003, angekündigt. Die Studie evaluierte ein Zwei-Dosen-Regime (8 mg gefolgt von 12 mg nach zwei Wochen) bei 13 TRD-Patienten.

Wesentliche Ergebnisse zeigten eine rapide und langanhaltende Wirksamkeit mit einer durchschnittlichen MADRS-Reduktion von 13,3 Punkten am Tag 2 und einer weiteren Verbesserung auf 19,0 Punkte nach der zweiten Dosis. Remissionsraten stiegen von 25% nach der ersten Dosis auf 50% in Woche 8. Die Behandlung zeigte eine gute Verträglichkeit mit nur leichten bis moderaten Nebenwirkungen.

Nach diesen positiven Ergebnissen und in Erwartung des FDA-Feedbacks planen die Unternehmen Phase-3-Studien im ersten Halbjahr 2026.

atai Life Sciences (بورصة ناسداك: ATAI) وBeckley Psytech أعلنا عن بيانات إيجابية من التجربة من المرحلة 2a لعلاج الاكتئاب المقاوم للعلاج (TRD) لدى دواءهما BPL-003. درست الدراسة نظام جرعتين (8 mg ثم 12 mg بعد أسبوعين) في 13 مريضاً TRD.

أظهرت النتائج الرئيسية فعالية سريعة ومستمرة مع انخفاض متوسط في درجة MADRS بمقدار 13.3 نقطة في اليوم 2 وتحسن إضافي إلى 19.0 نقطة بعد الجرعة الثانية. زادت معدلات التماثل من 25% بعد الجرعة الأولى إلى 50% في الأسبوع 8. أظهر العلاج تحملًا جيدًا مع أحداث جانبية خفيفة إلى متوسطة فقط.

وعقب هذه النتائج الإيجابية وبانتظار ملاحظات FDA، تخطط الشركات لبدء دراسات المرحلة 3 في النصف الأول من 2026.

atai Life Sciences (纳斯达克: ATAI) 与 Beckley Psytech 宣布其治疗难治性抑郁症(TRD)药物 BPL-003 的二期A数据呈阳性。研究评估了一个两剂量方案(先8mg,两周后再12mg)在13名TRD患者中的效果。

主要发现显示 快速且持久的疗效,在第2天MADRS评分平均下降13.3点,第二次给药后进一步降至19.0点。缓解率从第一剂后的25%上升至 第8周的50%。治疗具有良好耐受性,仅有轻度至中度的不良事件。

在这些积极结果及等待FDA反馈之际,双方计划在 2026年上半年启动III期临床试验

Positive
  • Mean MADRS score reduction of 19.0 points from baseline after second dose
  • Remission rates doubled from 25% to 50% at Week 8 after second dose
  • Sustained antidepressant effects observed through Week 12
  • All adverse events were mild to moderate with no severe reactions
  • Patients met discharge readiness criteria within two hours after dosing
Negative
  • Small study size with only 13 patients enrolled
  • Open-label study design may introduce bias
  • Phase 3 trials not starting until first half of 2026

Insights

atai's BPL-003 shows promising two-dose regimen efficacy for treatment-resistant depression with durable 3-month effects and favorable safety profile.

The Phase 2a results for BPL-003 (intranasal mebufotenin benzoate) represent a significant development in the treatment-resistant depression (TRD) landscape. The two-dose induction regimen (8mg followed by 12mg two weeks later) demonstrated not just additive effects but potentially synergistic benefits, with MADRS score reductions deepening from 13.3 points after the first dose to 19.0 points one week following the second dose.

What's particularly noteworthy is the durability of response, with antidepressant effects still evident at the 12-week mark (13.7-point reduction from baseline). The doubling of remission rates from 25% to 50% after the second dose is clinically meaningful, suggesting this regimen could potentially address the significant unmet need in TRD patients who've failed multiple conventional treatments.

The safety profile appears quite manageable with no severe or serious drug-related adverse events, consistent with previous findings. The two-hour discharge readiness is another critical advantage for clinical implementation, as it fits within standard interventional psychiatric treatment timeframes without requiring extended monitoring or hospitalization.

These results complement their earlier Phase 2b findings which showed statistically significant benefits from single doses. The company's progression toward Phase 3 trials in H1 2026, pending regulatory discussions, puts them on a clear development pathway. The two-dose approach may offer a valuable protocol option that optimizes both the magnitude and longevity of antidepressant effects while maintaining practical administration parameters.

  •  Open-label study evaluated a two-dose induction regimen of BPL-003 (8 mg followed by 12 mg two weeks later) in patients with treatment-resistant depression and demonstrated rapid, clinically meaningful and durable antidepressant effects, which are sustained for up to 3 months
  • The second dose of BPL-003 led to further reductions in MADRS scores from baseline, indicating that this regimen has the potential to enhance the clinical response beyond what is observed with a single administration
  • Findings will be used alongside data from Beckley Psytech’s Phase 2b study of BPL-003 and the soon to be reported Phase 2b open-label extension study to inform the Phase 3 clinical program

NEW YORK and AMSTERDAM and OXFORD, United Kingdom, Sept. 23, 2025 (GLOBE NEWSWIRE) -- atai Life Sciences (NASDAQ: ATAI) (“atai”), a clinical-stage biopharmaceutical company on a mission to develop highly effective mental health treatments to transform patient outcomes, and Beckley Psytech Limited (“Beckley Psytech”), a private clinical-stage biopharmaceutical company pioneering the next generation of mental health treatments, today announced positive data from a proof-of-concept study investigating a two-dose induction regimen of BPL-003 (intranasal mebufotenin benzoate), in patients with treatment-resistant depression (TRD).

The open-label Phase 2a study (NCT05660642) enrolled 13 patients with TRD who were not on concurrent antidepressants, and 12 met the criteria for per-protocol analysis. Patients were given an 8 mg dose of BPL-003 followed by a 12 mg dose two weeks later. Safety, tolerability and efficacy assessments were conducted at various timepoints for 12 weeks following the initial dose using multiple validated depression rating scales including the MADRS (Montgomery-Asberg Depression Rating Scale). The results demonstrate that a second dose of BPL-003 at Week 2 has the potential to induce greater antidepressant effects, as evidenced by additional reductions in MADRS scores, without impact on the safety and tolerability profile of the treatment.

Key Findings:

  • Rapid and durable efficacy: Following the first (8 mg) dose, patients experienced a mean MADRS reduction of 13.3 points from baseline at Day 2 and a mean MADRS reduction of 12.9 at Day 8. One week after the second dose (12 mg), there was a further decrease in MADRS score to a total of a 19.0-point reduction from baseline, with sustained antidepressant effects observed through Week 12 (13.7 points from baseline). These findings suggest that a second dose of BPL-003 may further enhance the clinical response beyond what is achieved with a single administration.
  • Improved response and remission rates: The second dose of BPL-003 increased the proportion of patients meeting response and remission criteria for depression. Remitter rates one week after the initial 8mg dose were 25%, with rates doubling to 50% at Week 8 (6 weeks after the second dose administration) and 42% at Week 12.
  • Strong and consistent tolerability profile: BPL-003 was shown to be generally well-tolerated, with all adverse events classified as mild to moderate, and there were no severe or serious drug-related adverse events reported. These findings are consistent with those seen in other previously reported studies of BPL-003.
  • Practical administration: Patients met discharge readiness criteria within two hours after dosing for both doses, reinforcing the potential for BPL-003 to be integrated into the established interventional psychiatric treatment paradigm.

BPL-003 - Mean Change from Baseline in MADRS Total Score

Cosmo Feilding Mellen, Chief Executive Officer and Co-Founder of Beckley Psytech, said: “These results underline BPL-003’s potential to offer a rapid, well-tolerated and durable treatment option for patients with treatment-resistant depression. They suggest that a second dose of BPL-003 not only maintains, but potentially deepens, antidepressant effects while remaining well-tolerated. Importantly, the findings are consistent with results from earlier Phase 2a cohorts, including studies in patients who were taking antidepressants (SSRIs), where a single dose of BPL-003 produced rapid and sustained improvements for up to three months. Together with the results from our Phase 2b program, these data provide a strong foundation of evidence to design our Phase 3 program, and we are grateful to the patients, investigators and sites who have made this progress possible.”

The results from this study add to the growing body of evidence from the BPL-003 clinical program demonstrating that BPL-003 has the potential to be a rapid-acting, durable and convenient treatment option for patients with TRD. Doses for the study are the same as the active doses used in the core, blinded stage of Beckley Psytech’s Phase 2b study of BPL-003, which reported positive topline findings in July. Those results showed that a single 8 mg or 12 mg dose produced statistically significant and clinically meaningful antidepressant effects at Day 2, Day 8, Day 29 and Day 57 after dosing, compared with a 0.3 mg comparator dose.

Dosing and follow-up in the open-label extension (OLE) stage of the Phase 2b study, which is evaluating the effects of a 12 mg dose of BPL-003 administered eight weeks after the initial dose in the core study, is complete and data are expected in October.

atai and Beckley Psytech are finalizing plans to engage with the U.S. Food and Drug Administration (FDA) and other regulatory agencies to discuss the design of the Phase 3 clinical trials for BPL-003 in patients with TRD. Pending FDA feedback, initiation of the Phase 3 clinical program is expected in the first half of 2026.

Srinivas Rao, Chief Executive Officer and Co-Founder of atai Life Sciences, said: “This proof-of-concept study provides compelling evidence that a two-dose induction regimen for BPL-003 may optimize outcomes for patients with treatment-resistant depression. This dosing approach could be further explored in Phase 3 studies, subject to discussions with regulators.”

About BPL-003
BPL-003 is Beckley Psytech’s patent-protected, proprietary intranasal formulation of mebufotenin benzoate, administered via a nasal spray device used in a previously approved drug product. BPL-003 is designed to deliver rapid and durable effects from a single dose, with a short treatment window, and is being investigated as a potential therapy for treatment-resistant depression (TRD) and for alcohol use disorder (AUD). BPL-003 is covered by granted US, UK and European composition-of-matter patents, with multiple further claims pending in various jurisdictions.

About treatment-resistant depression
Depression is a debilitating and life-changing condition affecting nearly 300 million people across the globe, with around 52 million people affected by the condition in Europe and the US combined. Treatment-resistant depression occurs when an individual does not respond to two or more courses of antidepressants and some studies show that it may affect up to 50% of those living with depression, meaning there is a significant unmet need for more effective treatments.

About atai Life Sciences
atai is a clinical-stage biopharmaceutical company on a mission to develop highly effective mental health treatments to transform patient outcomes. atai’s pipeline of psychedelic-based therapies includes VLS-01 (buccal film DMT) for treatment-resistant depression (TRD) and EMP-01 (oral R-MDMA) for social anxiety disorder, which are in Phase 2 clinical development. It is also advancing a drug discovery program to identify novel, non-hallucinogenic 5-HT2AR agonists for TRD. These programs aim to address the complex nature of mental health by providing commercially scalable interventional psychiatry therapies that can integrate seamlessly into healthcare systems. In June 2025, it was announced that atai Life Sciences and Beckley Psytech would be combining to create a global leader in psychedelic mental health therapies. The all-share transaction is expected to close in the second half of 2025. For the latest updates and to learn more about atai’s mission, visit www.atai.com or follow the Company on LinkedIn and on X.

About Beckley Psytech
Beckley Psytech Ltd is a private biopharmaceutical company dedicated to improving the lives of people living with neuropsychiatric disorders by developing rapid-acting psychedelic medicines. Founded in 2019, and underpinned by more than two decades of pioneering scientific research from the Beckley Foundation, Beckley Psytech combines world-leading psychedelic science with extensive drug development expertise in order to optimise patient outcomes, improve treatment opportunities and ease the burden these conditions have on individuals, healthcare systems and society. For more information about Beckley Psytech, visit www.beckleypsytech.com or follow the Company on LinkedIn.

Forward-looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “anticipate,” “initiate,” “could,” “would,” “project,” “plan,” “potentially,” “preliminary,” “likely,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements include express or implied statements relating to, among other things: expectations regarding the closing of the acquisition of Beckley Psytech Limited (the “Proposed Transactions”), including timing and approvals; progress on and results of Beckley Psytech’s BPL-003 trials and related data readouts, including Phase 2a data, the expected timing of Phase 2b data, and the timing of regulatory discussions with respect to Phase 3 trial design for BPL-003; and the potential benefits of BPL-003 for patients with TRD.

Forward-looking statements are neither promises nor guarantees, but involve known and unknown risks and uncertainties that could cause actual results to differ materially from those projected, including, without limitation, (i) the Proposed Transaction may not be completed in a timely manner or at all, including the risk that any required shareholder approvals are not obtained; (ii) the failure to realize the anticipated benefits of the Proposed Transaction; (iii) the possibility that any or all of the various conditions to the consummation of the Proposed Transaction may not be satisfied or waived; (iv) the occurrence of any event, change or other circumstance that could give rise to the termination of the share purchase agreement; and (v) the effect of the announcement or pendency of the Proposed Transaction on atai’s ability to retain and hire key personnel, or its operating results and business generally and other important factors described in the section titled “Risk Factors” in our most recent Annual Report on Form 10-K filed with the SEC and the registration statement on Form S-4 that was filed with the SEC on September 22, 2025 (the “Registration Statement”), as such factors may be updated from time to time in atai’s other filings with the SEC. atai disclaims any obligation or undertaking to update or revise any forward-looking statements contained in this press release, other than to the extent required by applicable law.

No Offer or Solicitation
This press release is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the Proposed Transactions or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.

Additional Information and Where to Find It
This press release is being made in respect of the Proposed Transactions. In connection with the Proposed Transactions, the Registration Statement was filed with the SEC on September 22, 2025 and included a proxy statement of the Company (the “Proxy Statement”), as well as other relevant documents regarding the Proposed Transactions. This communication is not a substitute for the Registration Statement, the Proxy Statement or any other document which the Company has or may file with the SEC. INVESTORS ARE URGED TO READ IN THEIR ENTIRETY THE REGISTRATION STATEMENT, INCLUDING THE PROXY STATEMENT REGARDING THE PROPOSED TRANSACTIONS, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN IMPORTANT INFORMATION.

A free copy of the Registration Statement, including the Proxy Statement, as well as other filings containing information about the Company, may be obtained at the SEC’s website (http://www.sec.gov).

Participants in the Solicitation
The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from its shareholders in respect of the proposed transactions contemplated by the Registration Statement, including the Proxy Statement. Information regarding the persons who are, under the rules of the SEC, participants in the solicitation of the shareholders of the Company in connection with the proposed transactions, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in the Registration Statement that was filed with the SEC on September 22, 2025, including the Proxy Statement. Information regarding the Company’s directors and executive officers is also contained in its Annual Report on Form 10-K for the year ended December 31, 2024 and its proxy statement on Schedule 14A, dated April 21, 2025, which are filed with the SEC.

Contact Information
Investor Contact:
IR@atai.com

atai Media Contact:
PR@atai.com

Beckley Psytech Media Contact:
charlotte.chorley@beckleypsytech.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/51b5d843-f2ae-4ef0-bce3-901e786bb39d


FAQ

What were the key results of ATAI's Phase 2a trial for BPL-003 in treatment-resistant depression?

The trial showed a mean MADRS score reduction of 19.0 points after the second dose, with remission rates increasing from 25% to 50% at Week 8. The treatment demonstrated sustained effects through Week 12 with only mild to moderate adverse events.

What is the dosing regimen for BPL-003 in ATAI's depression treatment study?

The study used a two-dose induction regimen consisting of an initial 8mg dose followed by a 12mg dose two weeks later.

How long did the antidepressant effects of BPL-003 last in ATAI's clinical trial?

The antidepressant effects were sustained for up to 3 months (12 weeks), with a 13.7-point MADRS reduction from baseline still observed at Week 12.

When will ATAI begin Phase 3 trials for BPL-003?

Subject to FDA feedback, ATAI expects to initiate the Phase 3 clinical program in the first half of 2026.

What is the safety profile of BPL-003 in ATAI's depression treatment study?

BPL-003 was generally well-tolerated with all adverse events classified as mild to moderate. No severe or serious drug-related adverse events were reported.
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