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Segal Trials Reinforces Leadership in Acute Schizophrenia Research Following Participation in MapLight Therapeutics’ Phase 2 ZEPHYR Study

Key Takeaway: Segal Trials has announced its involvement in the Phase 2 ZEPHYR clinical trial, which evaluates MapLight Therapeutics' investigational therapy ML-007C-MA for acute schizophrenia. The trial's topline results were recently disclosed, showcasing the significance of this study in advancing treatment for schizophrenia. Segal Trials expresses pride in contributing to this clinical development.
Price reaction · baseline $11.1112 (2026-08-21T15:25:00.000Z) · hit during market hours · clean, no other MPLT news in the window
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POSITIVE FACTORS

  • Segal Trials reinforces its leadership in schizophrenia research.
  • Participation in the Phase 2 ZEPHYR study highlights their commitment.
  • Topline results from the study indicate progress in treatment options.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~19 mo
Low dilution risk
Lead asset
ML-007C-MA
Phase 2 · Schizophrenia

Full Press Release Details

MIAMI LAKES, Fla.--(BUSINESS WIRE)--#ClinicalResearch--Segal Trials today announced its participation in the Phase 2 ZEPHYR clinical trial evaluating MapLight Therapeutics’ investigational muscarinic receptor-targeted therapy, ML-007C-MA, for the treatment of adults experiencing an acute exacerbation of schizophrenia.
MapLight Therapeutics recently announced topline results from the multicenter Phase 2 study. Segal Trials is proud to have contributed to this important clinical development program and congratulates MapLight Therapeutics, the participating investigators, study teams, and, most importantly, the patients whose participation made the study possible.
Segal Trials’ Miami Lakes Inpatient Research Center, led by Chief Scientific Officer and Principal InvestigatorDr. Rishi Kakar, served as one of only 25 participating research sites in the United States. The site was one of the highest enrolling sites in the trial.
The ZEPHYR study reflects Segal Trials’ longstanding commitment to advancing new treatment options for individuals living with schizophrenia. For more than27 years, Segal Trials has conducted Phase I–III inpatient and outpatient schizophrenia clinical trials and has become one of the nation’s most experienced research organizations in this therapeutic area.
Across its research network, Segal Trials has:
• Completed more than380 schizophrenia clinical trials
• Enrolled more than3,700 participantsin schizophrenia studies
• Built a database of more than8,000 individuals living with schizophreniaacross its inpatient and outpatient research programs
In addition to its extensive schizophrenia experience, Segal Trials has played a significant role in the clinical development ofmuscarinic receptor-targeted therapies, participating in many of the landmark development programs evaluating this promising therapeutic approach. The organization has collaborated with pharmaceutical sponsors on scientific publications and conference presentations that have helped advance the understanding of muscarinic therapies in schizophrenia.
Chief Scientific Officer and Principal InvestigatorDr. Rishi Kakarhas conducted121 schizophrenia clinical trialsover the past 16 years and has served as a principal investigator in numerous multicenter schizophrenia development programs. His expertise, combined with Segal Trials’ specialized inpatient psychiatric research capabilities and experienced clinical team, has enabled the organization to consistently deliver strong enrollment, high-quality data, and successful execution in complex schizophrenia studies.
“We are grateful to the patients who participated in the ZEPHYR study and to MapLight Therapeutics for the opportunity to contribute to this important research,” saidDr. Rishi Kakar, Chief Scientific Officer and Principal Investigator at Segal Trials. “Schizophrenia remains an area of significant unmet medical need, and we are proud to continue partnering with sponsors developing innovative therapeutic approaches. Our team’s decades of experience in acute schizophrenia research and muscarinic drug development allow us to efficiently execute complex clinical trials while maintaining the highest standards of scientific and clinical excellence.”
As the development of novel schizophrenia therapies continues to evolve, Segal Trials remains committed to partnering with pharmaceutical and biotechnology companies to accelerate clinical development through experienced investigators, specialized inpatient and outpatient research capabilities, and one of the country’s most established schizophrenia research programs.

Frequently Asked Questions

What is the ZEPHYR study about?

The ZEPHYR study evaluates MapLight Therapeutics' therapy ML-007C-MA for acute schizophrenia.

Who participated in the Phase 2 ZEPHYR study?

Segal Trials participated in the Phase 2 ZEPHYR clinical trial.

What were the results of the ZEPHYR study?

Topline results from the ZEPHYR study were recently announced by MapLight Therapeutics.

What is ML-007C-MA?

ML-007C-MA is an investigational therapy targeting muscarinic receptors for schizophrenia.

Last updated: Aug 21, 2026