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MapLight Therapeutics Announces Initiation of Phase 2 Trial of Novel M₁/M₄ Muscarinic Agonist ML-007C-MA for the Treatment of Alzheimer’s Disease Psychosis

Key Takeaway: MapLight Therapeutics has initiated a Phase 2 trial for ML-007C-MA, a novel M1/M4 muscarinic agonist, targeting Alzheimer’s disease psychosis (ADP). This study, named VISTA, follows a successful Phase 1 program and aims to evaluate the drug's efficacy and safety in approximately 300 patients. The trial addresses the lack of FDA-approved treatments for ADP, which affects many Alzheimer's patients.

Market Sentiment Analysis

POSITIVE FACTORS

  • Initiation of Phase 2 trial for a novel treatment for ADP.
  • Potential to address a significant unmet medical need in Alzheimer's disease.
  • Favorable safety profile observed in Phase 1 studies.
  • Global study aims to enroll approximately 300 patients.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+154%
120-day peak, hindsight
Typical move
5.2%
average across 2 past catalysts
Cash runway
~20 mo
Low dilution risk
Lead asset
ML-007C-MA
Phase 2 · Schizophrenia

Full Press Release Details

MapLight Therapeutics Announces Initiation of Phase 2 Trial of Novel M 1 /M 4 Muscarinic Agonist ML-007C-MA for the Treatment of Alzheimer’s Disease Psychosis

SAN FRANCISCO AND BOSTON , SEPTEMBER 17, 2025 – MapLight Therapeutics today announced the initiation of a Phase 2 study to evaluate the efficacy, safety and tolerability of ML-007C-MA, an investigational novel M 1 /M 4 agonist, as a potential treatment for Alzheimer’s disease psychosis (ADP). The Phase 2 VISTA study has been designed based on the results of an extensive Phase 1 development program that included 270 healthy volunteers, including 42 healthy elderly volunteers who received active drug.
“There are no FDA-approved treatments for ADP and off-label use of antipsychotics with marginal efficacy and significant safety concerns can lead to poor patient outcomes,” said Christopher Kroeger, M.D., M.B.A., Chief Executive Officer and Founder of MapLight. “Muscarinic receptor agonism has shown promising results as a therapeutic strategy for ADP, and the initiation of the VISTA study marks an important milestone as we pursue parallel development of ML-007C-MA in schizophrenia, ADP, and potentially other neuropsychiatric conditions.”
The Phase 2 VISTA study is a randomized, double-blind, placebo-controlled trial evaluating a twice-daily dose of ML-007C-MA for the treatment of hallucinations and delusions associated with ADP. This global study is expected to enroll approximately 300 patients. The primary endpoint of the study is the change in the Neuropsychiatric Inventory – Clinician Rating Scale Hallucinations and Delusions, or NPI-C H+D, score from baseline to Week 7.
“ML-007C-MA is well positioned as a potential treatment for ADP based on the favorable safety and tolerability profile observed in healthy elderly volunteers in Phase 1 whose CNS exposures achieved or exceeded levels that we anticipate being clinically relevant,” said Erin Foff, M.D., Ph.D., Chief Medical Officer of MapLight.
For more information about this study, visit: ClinicalTrials.gov (NCT06887192).
Learn more at www.maplightrx.com
For investor inquiries: investors@maplightrx.com
For media inquiries: media@maplightrx.com
About ML-007C-MA
ML-007C-MA, also referred to as ML-007C/PAC, is an oral, extended-release, fixed-dose combination of the investigational M 1 /M 4 muscarinic agonist, ML-007, co-formulated with a peripherally acting anticholinergic (PAC). ML-007C-MA is designed to activate both M 1 and M 4 muscarinic receptors in the central nervous system to drive efficacy, while synchronizing the pharmacokinetics of the agonist and antagonist components to mitigate peripheral cholinergic side effects. ML-007C-MA offers the potential to be a well-tolerated treatment option with convenient dosing, while achieving or exceeding CSF exposures expected to result in improvement across key symptom domains.
About Alzheimer’s Disease Psychosis (ADP)
ADP is a serious and common neuropsychiatric complication of Alzheimer’s disease (AD), characterized by the presence of delusions and/or hallucinations. Psychotic symptoms occur in approximately 40% of individuals with AD at some point throughout the course of their illness, and the likelihood of developing these symptoms increases as the disease progresses. ADP is associated with significantly poorer outcomes, including faster cognitive and functional decline, higher rates of institutionalization, and increased mortality.
About MapLight
MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on improving the lives of patients suffering from debilitating central nervous system disorders. The company was founded by globally recognized leaders in psychiatry and neuroscience research to address the lack of circuit-specific pharmacotherapies available for patients. MapLight’s discovery platform holds the potential to fill this void by identifying neural circuits causally linked to disease and targeting those circuits for therapeutic modulation.

Frequently Asked Questions

What is ML-007C-MA?

ML-007C-MA is an investigational M1/M4 muscarinic agonist for treating Alzheimer’s disease psychosis.

What is the goal of the Phase 2 VISTA study?

The VISTA study aims to evaluate the efficacy, safety, and tolerability of ML-007C-MA in patients.

How many patients will be enrolled in the trial?

The Phase 2 trial is expected to enroll approximately 300 patients.

What are the primary endpoints of the study?

The primary endpoint is the change in the NPI-C H+D score from baseline to Week 7.

Why is there a need for ML-007C-MA?

There are currently no FDA-approved treatments for Alzheimer’s disease psychosis, highlighting the need for ML-007C-MA.

Last updated: Sep 17, 2025