ATAI pins hopes on arketamine

3 January 2019

Germany-based biotech ATAI Life Sciences, which aims to grow into a major global biopharmaceutical player by following a company buy-and-build approach, has acquired a majority stake in Perception Neuroscience.

The latter is a New York company focused on developing innovative therapies in neuropsychiatry and with the NMDA antagonist arketamine (PCN 101), a single isomer of ketamine, as its lead candidate.

Arketamine belongs to a new generation of glutamate receptor modulators with the potential for rapid acting antidepressant (RAAD) activity and anti-suicidal effects.

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