Welcome to our dedicated page for Vistagen Therapeutics news (Ticker: VTGN), a resource for investors and traders seeking the latest updates and insights on Vistagen Therapeutics stock.
Vistagen Therapeutics, Inc. (symbol: VTGN) is a pioneering biotechnology firm committed to improving the lives of patients with central nervous system (CNS) disorders. The company leverages its advanced stem cell technology platform, which is based on the controlled differentiation of human pluripotent stem cells into mature, non-transformed human cells. This innovative platform enables the creation of novel bioassay systems for predictive toxicology, drug metabolism screening, drug discovery, drug rescue, and cell therapy, providing clinically relevant predictions of potential toxicity and metabolism issues of promising new drug candidates long before they are ever tested in humans.
At the clinical stage, Vistagen is actively involved in developing and commercializing a robust pipeline consisting of six product candidates. Five of these candidates are clinical-stage investigational agents known as pherines, which represent a new class of drugs. Notable products within their portfolio include:
- PH94B: A novel neuroactive nasal spray designed to treat social anxiety disorder.
- PH10: An odorless, fast-acting synthetic neurosteroid aimed at addressing major depressive disorder (MDD).
- AV-101: An oral antagonist of the glycine site of the N-methyl-D-aspartate receptor (NMDAR), which is being developed to treat MDD, suicidal ideation, neuropathic pain, levodopa-induced dyskinesia (LID), and epilepsy.
Vistagen's innovative approach and dedication to CNS disorders position it as a significant player in the biotechnology sector. The company is continually making strides in its research and clinical trials, striving to bring groundbreaking therapies to market. Investors and stakeholders can look forward to Vistagen's ongoing developments and potential future successes as it targets unmet medical needs with its cutting-edge technologies and therapeutic candidates.
Vistagen, The Goldie Hawn Foundation, and MindUP students will ring the Nasdaq Closing Bell on October 10, 2024, in honor of World Mental Health Day and The Goldie Hawn Foundation's 20th Anniversary. This event brings together Vistagen CEO Shawn Singh, Foundation Founder Goldie Hawn, and MindUP students to raise awareness about the roles of mindfulness and neuroscience in mental health.
Vistagen (Nasdaq: VTGN) is a late clinical-stage biopharmaceutical company focusing on neuroscience-based therapies for psychiatric disorders. MindUP is a neuroscience-based preventative mental health program for youth. The joint ceremony highlights their shared commitment to advancing neuroscience-based innovation and improving mental well-being.
Goldie Hawn emphasized the importance of understanding brain function for mental fitness and resilience in children. Shawn Singh highlighted Vistagen's belief in a multifaceted approach to improving mental health through awareness, education, and improved patient care.
Vistagen (Nasdaq: VTGN) has initiated the PALISADE-4 Phase 3 trial of fasedienol, an investigational neuroactive pherine nasal spray for the acute treatment of social anxiety disorder (SAD). This marks a significant milestone in the company's registration-directed PALISADE Phase 3 program. Fasedienol is designed for non-systemic, rapid activation of nose-to-brain neural circuits to reduce fear and anxiety associated with SAD.
CEO Shawn Singh highlighted the potential of fasedienol to provide a transformative acute treatment option for over 30 million Americans suffering from SAD, which is associated with increased risk for depression, alcohol abuse, and suicide attempts. Notably, current FDA-approved pharmacological therapies do not include an acute treatment option for SAD.
Vistagen (Nasdaq: VTGN) reported financial results for Q1 FY2025 and provided a corporate update. Key highlights include:
1. PALISADE Phase 3 Program for fasedienol in Social Anxiety Disorder (SAD) is progressing on track.
2. R&D expenses increased to $7.6 million, up from $4.2 million in Q1 FY2024.
3. G&A expenses rose to $4.6 million, compared to $3.0 million in Q1 FY2024.
4. Net loss widened to $10.7 million, versus $6.9 million in Q1 FY2024.
5. Cash, cash equivalents, and marketable securities stood at $108.4 million as of June 30, 2024.
6. The company is also advancing itruvone for Major Depressive Disorder and PH80 for menopausal hot flashes.
Vistagen (NASDAQ: VTGN), a late clinical-stage neuroscience-focused biopharmaceutical company, has announced a conference call and webcast scheduled for August 13, 2024, at 2:00 p.m. Pacific Time. The purpose of this event is to report the company's fiscal year 2025 first quarter results for the period ended June 30, 2024, and provide a corporate update.
Investors and interested parties can access the call via a toll-free US number (1-877-407-9716) or an international dial-in (1-201-493-6779), using the Conference ID: 13748020. A webcast will also be available. Following the call, a telephone playback will be accessible using the replay access ID number 13748020.
Vistagen (Nasdaq: VTGN), a clinical-stage biopharmaceutical company, announced new patents for PH80, a non-systemic nasal spray aimed at treating migraines. These patents extend Vistagen's global intellectual property portfolio across Australia, Hong Kong, Japan, and Mexico, supplementing previously granted U.S. and EPO patents. The new patents are effective until 2040, with potential for extensions. PH80 is also being developed for menopause-related hot flashes and other conditions.
Vistagen (Nasdaq: VTGN), a clinical-stage neuroscience-focused biopharmaceutical firm, has been awarded Mental Health America's (MHA) Platinum Bell Seal for Workplace Mental Health for the second consecutive year. This accolade recognizes Vistagen's dedication to promoting mental health within the workplace through supportive culture, mental health care benefits, inclusion, and employee wellness programs. CEO Shawn Singh emphasized the importance of prioritizing employee mental health alongside the company's mission to develop therapies for psychiatric and neurological disorders. The award underscores Vistagen's commitment to normalizing mental health conversations and providing robust support resources.
Vistagen (Nasdaq: VTGN) reported its fiscal year 2024 financial results, showcasing significant progress in its clinical programs. The company highlighted positive results from the PALISADE-2 Phase 3 trial of fasedienol for social anxiety disorder (SAD), with PALISADE-3 initiated and PALISADE-4 set to start in 2H 2024. Additionally, itruvone for major depressive disorder (MDD) and PH80 for menopausal hot flashes showed positive Phase 1 and Phase 2A data, respectively. Financially, Vistagen's R&D expenses decreased to $20.0 million from $44.4 million, and G&A expenses slightly fell to $14.1 million from $14.7 million. The net loss was significantly reduced to $29.4 million compared to $59.2 million in the previous year. Cash and cash equivalents stood at $119.2 million as of March 31, 2024.
Vistagen (NASDAQ: VTGN), a late clinical-stage biopharmaceutical company focusing on psychiatric and neurological disorders, will report its fiscal year 2024 financial results on June 11, 2024.
The announcement will be made through a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). During the call, Vistagen will provide a detailed update on its corporate activities and financial performance for the fiscal year ending March 31, 2024.
Participants can join the call using the toll-free number 1-877-407-9716 in the US, or 1-201-493-6779 internationally, with the Conference ID: 13746589. A replay will be available shortly after the call ends.
Vistagen, a late clinical-stage biopharmaceutical company focused on innovative therapies for psychiatric and neurological disorders, announced its participation in the Jefferies Global Healthcare Conference on June 5-6, 2024, in New York City.
CEO Shawn Singh will present a fireside chat on June 6 at 11:00 a.m. EST, with a webcast available on Vistagen's website. Interested investors can arrange one-on-one meetings through their Jefferies representative.
Vistagen (Nasdaq: VTGN), a late clinical-stage biopharmaceutical company, announced it will present posters at the 2024 American Society of Clinical Psychopharmacology (ASCP) Conference from May 28-31, 2024, in Miami Beach, Florida.
The presentations will focus on fasedienol (PH94B) for social anxiety disorder (SAD) and itruvone (PH10) for major depressive disorder (MDD). The fasedienol poster, titled 'Results from the PALISADE-2 Phase 3 Trial,' will be presented on May 29, 2024, at 11:15 a.m. ET. The itruvone poster, titled 'Brain and Peripheral Tissue Distribution of Intranasal Radiolabeled Itruvone (PH10) in Laboratory Rats,' will also be presented on May 29, 2024, at 11:15 a.m. ET.
Both posters will be available on Vistagen's website from June 3, 2024.
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