Enrollment continues in EMBRACE, the second pivotal study of the Phase 3 PARADIGM Program

Participant rollover is ongoing into the EXTEND long-term study generating long-term safety and durability data

HLP003 previously granted Breakthrough Therapy Designation by the U.S. Food and Drug Administration ("FDA")

HLP003 Phase 2 data demonstrated durable efficacy, with a mean ~23-point reduction in Montgomery-Asberg Depression Rating Scale ("MADRS") score from baseline 12 months after two 16 mg doses administered three weeks apart, and 100% response and 71% remission rates based on a MADRS benchmark of ≤10, with remission rising to 100% using more recent peer-study benchmarks of ≤123,4

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.