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Atai Life Sciences’ stock dips after announcing Phase 1 data

By Brian Buntz | December 23, 2022

Atai Life SciencesAtai Life Sciences (Nasdaq:ATAI) announced inconclusive data regarding the effects of the kratom-derived compound KUR-101 on respiration in a Phase 1 study.

The company’s stock was down about 9% in mid-day trading, trading at $2.77.

The drug candidate yielded dose-dependent analgesic effects in Part 1 of the study, which assessed the safety and efficacy of various dose levels of KUR-101 (10, 20, 40, 60 and 90 mg).

Data from Part 2 of the Phase 1 study found that a 90 mg dose of KUR-101 yielded analgesic effects in the cold-pressor test and thermal testing, but oxycodone was superior at relieving pain. In that study, KUR-101 and oxycodone had a similar effect on respiration to placebo, preventing a definitive assessment of KUR-101’s impact on respiration.

“As the data comparing the respiratory effects of KUR-101 to both oxycodone and placebo are inconclusive at this stage, additional research will be needed to further characterize the therapeutic potential of KUR-101,” said Florian Brand, CEO and co-founder of Berlin-headquartered Atai, in a press release.

Opioids can be dangerous, given their potential to interfere with normal respiration and cardiovascular activity.

Mitragynine, a kratom derivative acting as a partial mu-opioid receptor agonist, is the inspiration for KUR-101. Prior animal studies indicate that mitragynine had limited respiratory depressant effects.

KUR-101, a deuterated form of mitragynine, did not have a clinically significant impact on respiration in Part 1 of the study at any of the five dose levels investigated.

In October, Atai Life Sciences (Nasdaq:ATAI) released positive initial results from the Phase 1 clinical study of KUR-101.

Atai subsidiary Kures is developing the drug candidate. We interviewed the subsidiary’s CEO in October.

The FDA has warned against using kratom, a popular supplement for pain management. In addition, the federal government has seized multiple shipments of raw kratom and related supplements since 2014.

In 2016, the DEA announced a plan to temporarily classify mitragynine and 7-HMG Schedule I drugs but eventually changed its mind.


Filed Under: Psychiatric/psychotropic drugs
Tagged With: kratom, Kures
 

About The Author

Brian Buntz

As the pharma and biotech editor at WTWH Media, Brian has almost two decades of experience in B2B media, with a focus on healthcare and technology. While he has long maintained a keen interest in AI, more recently Brian has made making data analysis a central focus, and is exploring tools ranging from NLP and clustering to predictive analytics.

Throughout his 18-year tenure, Brian has covered an array of life science topics, including clinical trials, medical devices, and drug discovery and development. Prior to WTWH, he held the title of content director at Informa, where he focused on topics such as connected devices, cybersecurity, AI and Industry 4.0. A dedicated decade at UBM saw Brian providing in-depth coverage of the medical device sector. Engage with Brian on LinkedIn or drop him an email at [email protected].

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