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Compass Pathways to Announce New Clinical Data from Two Ongoing Phase 3 Trials

Key Takeaway: Compass Pathways plc will announce new clinical data from two ongoing Phase 3 trials for its COMP360 treatment for treatment-resistant depression. The results will be released on February 17th at 6:30 am ET, followed by a webinar at 8:00 am ET. COMP360 has received Breakthrough Therapy designation from the FDA, highlighting its potential significance in mental health treatment.
Price reaction · baseline $5.81 (2026-02-13 close) · 4 other CMPS headline(s) in the window, move may be shared
day 0 close
+31.3%
day 1 · peak
+45.4%
day 3
+38.6%

Market Sentiment Analysis

POSITIVE FACTORS

  • Compass Pathways is set to announce new clinical data from Phase 3 trials.
  • The COMP360 treatment has received Breakthrough Therapy designation from the FDA.
  • The company is focused on innovative treatments for treatment-resistant depression.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~27 mo
Minimal dilution risk
Lead asset
Psilocybin
Phase 3 · Major Depressive Disorder

Full Press Release Details

LONDON & NEW YORK--(BUSINESS WIRE)--Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation, announced that tomorrow it will report new clinical data from two ongoing Phase 3 trials evaluating COMP360, a synthetic, proprietary formulation of psilocybin, for treatment-resistant depression (TRD). The company will be disclosing new clinical data from Part A and Part B from COMP005 and Part A from COMP006. The results are scheduled for release on February 17th at 6:30 am ET, followed by a webinar hosted by Compass management at 8:00 am ET.
The results are scheduled for release on February 17th at 6:30 am ET, followed by a webinar hosted by Compass management at 8:00 am ET.

Live Webcast

Compass management will host a live audio webcast on February 17th at 8:00 am ET. The webcast will be accessible at this link:https://lifescievents.com/event/hz02j0rpw/
A replay of the webcast will be accessible for 30 days following the event.

About Compass Pathways

Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health. We are motivated by the need to find better ways to help and empower people with serious mental health conditions who are not helped by existing treatments. We are pioneering a new paradigm for treating mental health conditions focused on rapid and durable responses through the development of our investigational COMP360 synthetic psilocybin treatment, potentially a first in class treatment. COMP360 has Breakthrough Therapy designation from the US Food and Drug Administration (FDA) and has received Innovative Licensing and Access Pathway (ILAP) designation in the UK for treatment-resistant depression (TRD).
Compass is headquartered in London, UK, with offices in New York in the US. We envision a world where mental health means not just the absence of illness but the ability to thrive.

Frequently Asked Questions

What is COMP360?

COMP360 is a synthetic psilocybin treatment developed by Compass Pathways for treatment-resistant depression.

When will the new clinical data be announced?

The new clinical data will be announced on February 17th at 6:30 am ET.

What designations has COMP360 received?

COMP360 has received Breakthrough Therapy designation from the FDA and ILAP designation in the UK.

What is the purpose of the upcoming webinar?

The webinar will provide insights following the release of the new clinical trial data.

Last updated: Feb 16, 2026