Clinical Trial ProgressNeuphoria announced enrollment has been completed in the P3 'AFFIRM-1' study of BNC210 in social anxiety disorder, positioning top-line data readout in early 4Q25.
Market PotentialBNC210 is well-positioned as a novel, non-psychedelic anxiolytic with a favorable safety profile and significant market potential.
Milestone AchievementThe relationship with Merck around MK-1167 made progress with the start of a P2 trial in Alzheimer's disease, triggering a $15M milestone to Neuphoria.