ATAI Life Sciences shares are trading higher in possible sympathy with MindMed, which received FDA Breakthrough Therapy Designation for its MM120 program in generalized anxiety disorder.
Portfolio Pulse from Benzinga Newsdesk
ATAI Life Sciences shares are trading higher, potentially in response to MindMed receiving FDA Breakthrough Therapy Designation for its MM120 program in generalized anxiety disorder.
March 07, 2024 | 5:42 pm
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ATAI Life Sciences shares are experiencing an uptick, likely influenced by MindMed's recent FDA Breakthrough Therapy Designation for its anxiety disorder program.
ATAI Life Sciences' stock price is likely benefiting from positive sentiment in the biotech sector, specifically due to MindMed's regulatory success, which could be seen as a positive indicator for companies in similar fields.
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