ATAI Life Sciences

Overview
Activities
News
Psychedelic Medicine?
Product stageSegments
Go-to-Market
?
Research and Development, AI/ Digital Platforms
?

Atai Life Sciences is a clinical-stage biopharmaceutical company focused on developing treatments for mental health disorders. The company's pipeline includes several psychedelic and non-psychedelic compounds targeting conditions such as depression, anxiety, addiction, and schizophrenia. Its candidates include VLS-01, a proprietary oral transmucosal film formulation of DMT for treatment-resistant depression; EMP-01, a R enantiomer of 3,4-Methyl​enedioxy​methamphetamine (R-MDMA) formulation to treat social anxiety disorder; and IBX-210, a ibogaine program to treat opioid use disorder. As per its Q3 2024 update, the company received FDA approval to advance Phase II trials for VLS-01 buccal film DMT, and EMP-01.

The company acquires and invests in new mental health treatments based on psychedelics and other drugs to treat mental health disorders, including depression, anxiety, and addiction.It has a large stake in Compass Pathways and companies such as DemeRx and Perception Neuroscience. In addition to drug development, ATAI has also made investments in two companies that deliver AI-powered discovery platforms to support drug discovery, including psychedelic compounds. The company formed a subsidiary, Revixia Life Sciences, to develop therapies based on Salvinorin A, a psychedelic compound, for mental health issues. 

ATAI Life Sciences attracted investments from Peter Thiel and was the highly funded private company, before it went public on Nasdaq markets in June 2021. The company is listed under the ticker symbol “ATAI”. 

For FY2023, the company’s net losses narrowed by 34.8% YoY to USD 40.2 million, and license revenue significantly increased by 98.9% to USD 0.3 million. Cash and cash equivalents for 2023 were at USD 45 million compared to USD 190.6 million in 2022.

HQ location:
Barer Straße 7 Munich DEU
Founded year:
2018
Employees:
101-250
IPO status:
Public
Total funding:
USD 522.1 mn
Last Funding:
USD 175.0 mn (Post IPO Debt; Aug 2022)
Last valuation:
USD 2.0 bn (Mar 2021)
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...

EDGE Insights

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.