Biopharma Transcript

Vistagen Therapeutics, Inc. VTGN

Nasdaq · Phase 3 · CNS/neurology/psychiatry · small molecule · EDGAR · Updated Oct 24, 2026

Vistagen Therapeutics, Inc. (Nasdaq: VTGN) is a CNS/neurology/psychiatry drug developer. Its lead program, fasedienol (PH94B) nasal spray, is in Phase 3 for acute treatment of anxiety in adults with social anxiety disorder.

Upcoming catalysts

No catalyst is dated to the next 30 days or to an FDA action date.

Pipeline

ProgramIndicationModalityStage
fasedienolsocial anxiety disorder (acute treatment)small moleculePhase 3
refisolonemoderate to severe vasomotor symptoms due to menopausesmall moleculePhase 2
itruvonemajor depressive disordersmall moleculePhase 2
AV-101 (4-Cl-KYN)NMDAR-related neurological disorders (levodopa-induced dyskinesia, neuropathic pain)small moleculePhase 2
PH15psychomotor impairment due to mental fatiguesmall moleculePhase 1
PH284cancer cachexia / appetite-related disorderssmall moleculePre-clinical

Recent results and decisions

  1. Sep 21, 2026
    positive PALISADE-4 OLE (N=322) well tolerated (1.6% AE discontinuation); LSAS improved 31.4 points at Month 4 (exploratory, uncontrolled).today announced preliminary positive data from the open-label extension (OLE) portion of its PALISADE-4 Phase 3 study of fasedienol for the acute treatment of social anxiety disorder. Filing
  2. Aug 6, 2026
    missed Exploratory Phase 2 repeat dose study (N=61) showed numerical but not statistically significant separation on primary SUDS endpoint (p=0.2; pooled -15.0 vs -6.8 placebo); very severe subgroup nominally significant (p=0.04).although the differences between treatment groups and placebo were not statistically significant (p=0.2) Filing
  3. Jun 30, 2026
    missed Missed primary endpoint (SUDS LS mean change -9.5 vs -11.4 placebo, diff 1.9, p=0.427, n=238); post-hoc very severe subgroup (LSAS>=95, n=123) nominal p=0.036.In the overall trial population (n=238), fasedienol did not achieve its primary endpoint Filing

3 more on record.

For subscribers

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