Clinical TrialsRecruitment for the proof-of-concept trial for GH001 for bipolar depression in Type 2 bipolar disorder remains slow, leading to an end of the trial soon.
Leadership ChangeThe unexpected transition of the CEO led to weakness in the stock, which closed down approximately 7%.
Regulatory ChallengesThe company is working towards getting the FDA's clinical hold removed on its investigational new drug application for GH001 in a proprietary inhalation device, indicating regulatory challenges.