Helus Pharma: An Undervalued Psychedelic Platform Approaching A Major Catalyst
Helus Pharma, a psychedelic drug developer with a pipeline spanning MDD and GAD, has two clinical-stage assets and a serotonergic discovery platform. The company is running a phase III trial for its oral psilocin candidate, HLP003, which could validate its clinical profile and reduce its valuation discount versus peers.
Why it matters — As a competitor with a similar psychedelic pipeline approaching a pivotal phase III readout, Helus Pharma's progress is relevant context for Cybin (HELP) watchers tracking the psychedelic development landscape.