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VistaGen Therapeutics

VistaGen Therapeutics logo
🇺🇸United States
Ownership
Public
Established
1998-01-01
Employees
40
Market Cap
$95.5M
Website
http://www.vistagen.com
Introduction

Vistagen Therapeutics, Inc. is a late clinical-stage biopharmaceutical company, which engages in developing and commercializing medication and treatment for anxiety, depression, and other central nervous system disorders. Its product portfolio includes Fasedienol (PH94B) nasal spray for social anxiety disorder, Itruvone (PH10) nasal spray for depression disorders, AV-101 oral NMDR glycine site antagonist for depression and neurological disorders, PH15 acute treatment for improvement of cognition, PH80 acute management of vasomotor symptoms due to menopause, and PH284 acute management of Wasting syndrome (Cachexia). The company was founded by H. Ralph Snodgrass and Gordon Keller on May 26, 1998 and is headquartered in South San Francisco, CA.

Vistagen's PH284 Nasal Spray Shows Promise in Treating Cancer Cachexia

• Vistagen announced positive Phase 2A results for PH284 nasal spray in cancer cachexia, showing improved hunger feelings. • The study revealed a 71% increase in subjective hunger feeling in PH284-treated patients versus minimal improvement in the placebo group. • PH284 demonstrated a favorable safety profile, with adverse events similar to placebo and no unusual changes in body weight observed. • Vistagen is assessing the path forward for PH284, potentially including a U.S. Investigational New Drug application for further Phase 2 trials.

VistaGen's Anxiety Drug Trials Maintain Stifel's Optimism

• VistaGen Therapeutics is progressing with Phase 3 clinical trials for fasedienol, a drug candidate for Social Anxiety Disorder (SAD). • Stifel reiterated a Buy rating on VistaGen's stock, citing the potential success of the PAL-3 and PAL-4 trials. • VistaGen is also advancing itruvone into Phase 2b trials and preparing for a U.S. IND submission for PH80 for menopausal hot flashes. • The company's shares are trading near cash value, presenting a favorable risk/reward balance according to Stifel.

VistaGen's Fasedienol Shows Promise in Phase 3 Trials for Social Anxiety Disorder

• VistaGen's Phase 3 trials for fasedienol in acute social anxiety disorder are progressing, with PALISADE-4 active and results expected from PALISADE-3 and PALISADE-4 in 2025. • The Phase 2 PALISADE-2 trial demonstrated significant positive results, supporting the ongoing Phase 3 studies for fasedienol in treating social anxiety disorder. • VistaGen is also advancing itruvone for major depressive disorder, with a Phase 2b study planned after encouraging Phase 2a results, expanding its pipeline. • With a cash reserve of $97.6 million, VistaGen is financially stable through fiscal year 2026, supporting its clinical development programs.
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