MapLight Therapeutics completes enrollment for schizophrenia and autism Phase 2 trials, with results expected by mid-August 2026.
Quiver AI Summary
MapLight Therapeutics, Inc. announced the completion of enrollment in its Phase 2 ZEPHYR trial for ML-007C-MA, aimed at treating schizophrenia, and the final patient visit in its Phase 2 IRIS trial for ML-004, targeting autism spectrum disorder. Both trials are randomized, double-blind, placebo-controlled studies, with topline results expected by mid-August 2026. The ZEPHYR trial involved 307 participants, focusing on symptoms of schizophrenia, while the IRIS trial included 161 participants, aimed at improving communication in individuals with autism. The company highlights the urgent need for new treatments in these conditions and is optimistic about the upcoming data.
Potential Positives
- Completion of enrollment in the Phase 2 ZEPHYR trial for ML-007C-MA indicates strong interest and a critical unmet need for new schizophrenia treatments.
- Final patient visit completed for ML-004’s IRIS trial, demonstrating progress in research for autism spectrum disorder.
- Topline results from both Phase 2 trials expected by mid-August 2026, potentially providing significant data for investors and stakeholders.
Potential Negatives
- The press release contains numerous forward-looking statements, indicating a reliance on uncertain future outcomes, which may lead to challenges in maintaining investor confidence if anticipated results are not achieved.
- There is no mention of significant results from previous trials, which may raise concerns about the efficacy and safety of the company's drug candidates prior to the upcoming topline results.
- The ongoing global macroeconomic conditions and potential volatility could negatively impact the company's ability to fund operations and manage costs associated with clinical trials.
FAQ
What is the ZEPHYR Phase 2 trial about?
The ZEPHYR Phase 2 trial evaluates ML-007C-MA for schizophrenia treatment focusing on efficacy, safety, and tolerability.
When will the topline results be released?
Topline results from both the ZEPHYR and IRIS Phase 2 trials are expected by mid-August 2026.
How many participants were enrolled in the ZEPHYR trial?
The ZEPHYR trial enrolled 307 participants randomized to receive ML-007C-MA or placebo.
What is the primary endpoint of the IRIS trial?
The primary endpoint of the IRIS trial is the change in the Autism Behavioral Inventory-Social Communication Domain Score at Week 12.
Who is MapLight Therapeutics?
MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on treating central nervous system disorders.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MPLT Insider Trading Activity
$MPLT insiders have traded $MPLT stock on the open market 43 times in the past 6 months. Of those trades, 4 have been purchases and 39 have been sales.
Here’s a breakdown of recent trading of $MPLT stock by insiders over the last 6 months:
- JONATHAN GILLIS (CAAO and PAO) has made 0 purchases and 6 sales selling 73,425 shares for an estimated $2,183,217.
- ROBERT C. MALENKA has made 0 purchases and 14 sales selling 83,205 shares for an estimated $1,599,228.
- ANATOL KREITZER (Chief Discovery Officer) has made 0 purchases and 4 sales selling 48,738 shares for an estimated $1,435,305.
- CHRISTOPHER A. KROEGER (Chief Executive Officer) has made 0 purchases and 3 sales selling 19,187 shares for an estimated $521,146.
- GEORGE PAVLOV has made 3 purchases buying 25,000 shares for an estimated $441,167 and 0 sales.
- TIMOTHY JOHN GARNETT purchased 14,124 shares for an estimated $252,678
- JAMES WOODRUFF LILLIE (Chief Scientific Officer) has made 0 purchases and 3 sales selling 4,513 shares for an estimated $122,573.
- ERIN PENNOCK FOFF (Chief Medical Officer) has made 0 purchases and 3 sales selling 3,213 shares for an estimated $86,858.
- VISHWAS SETIA (Chief Financial Officer) has made 0 purchases and 3 sales selling 2,922 shares for an estimated $78,572.
- KRISTOPHER HANSON (General Counsel) has made 0 purchases and 3 sales selling 1,827 shares for an estimated $49,134.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
$MPLT Hedge Fund Activity
We have seen 71 institutional investors add shares of $MPLT stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FCPM III SERVICES B.V. added 3,226,400 shares (+inf%) to their portfolio in Q4 2025, for an estimated $56,671,716
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,799,180 shares (+inf%) to their portfolio in Q4 2025, for an estimated $49,167,596
- BLACKROCK, INC. added 1,095,514 shares (+inf%) to their portfolio in Q4 2025, for an estimated $19,242,703
- NAN FUNG GROUP HOLDINGS LTD added 971,253 shares (+inf%) to their portfolio in Q4 2025, for an estimated $17,060,058
- 5AM VENTURE MANAGEMENT, LLC added 950,011 shares (+inf%) to their portfolio in Q4 2025, for an estimated $16,686,943
- SANOFI added 912,041 shares (+inf%) to their portfolio in Q4 2025, for an estimated $16,020,000
- VANGUARD GROUP INC added 869,668 shares (+inf%) to their portfolio in Q4 2025, for an estimated $15,275,718
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
$MPLT Analyst Ratings
Wall Street analysts have issued reports on $MPLT in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- TD Cowen issued a "Buy" rating on 04/07/2026
- Morgan Stanley issued a "Overweight" rating on 11/21/2025
- Jefferies issued a "Buy" rating on 11/21/2025
- Leerink Partners issued a "Outperform" rating on 11/21/2025
- Stifel issued a "Buy" rating on 11/21/2025
To track analyst ratings and price targets for $MPLT, check out Quiver Quantitative's $MPLT forecast page.
$MPLT Price Targets
Multiple analysts have issued price targets for $MPLT recently. We have seen 6 analysts offer price targets for $MPLT in the last 6 months, with a median target of $33.0.
Here are some recent targets:
- Ami Fadia from Needham set a target price of $37.0 on 04/08/2026
- Sumant Kulkarni from Canaccord Genuity set a target price of $35.0 on 03/19/2026
- Sean Laaman from Morgan Stanley set a target price of $34.0 on 11/21/2025
- Andrew Tsai from Jefferies set a target price of $32.0 on 11/21/2025
- Marc Goodman from Leerink Partners set a target price of $30.0 on 11/21/2025
- Paul Matteis from Stifel set a target price of $28.0 on 11/21/2025
Full Release
- Enrollment completed in ML-007C-MA’s ZEPHYR Phase 2 trial in schizophrenia
- Last patient visit completed for ML-004’s IRIS Phase 2 trial in autism spectrum disorder
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Topline results from both Phase 2 trials expected by mid-August 2026
SAN FRANCISCO and BOSTON, May 01, 2026 (GLOBE NEWSWIRE) -- MapLight Therapeutics, Inc. (Nasdaq: MPLT), a clinical-stage biopharmaceutical company focused on improving the lives of patients suffering from debilitating central nervous system disorders, today announced completion of enrollment in its Phase 2 ZEPHYR trial evaluating ML-007C-MA for the treatment of schizophrenia. The Company also announced completion of the final patient visit in its Phase 2 IRIS trial evaluating ML-004 for the treatment of autism spectrum disorder. The Company expects to report topline results from both Phase 2 trials by mid-August 2026.
"The robust enrollment in the ZEPHYR trial reflects the critical unmet need for new treatment options in schizophrenia," said Chris Kroeger, Co-Founder and Chief Executive Officer. "We are grateful for the enthusiasm and commitment of both participants and investigators that enabled efficient study conduct while maintaining high quality standards. 2026 is shaping up to be an important year for MapLight and we look forward to sharing the topline data from these trials."
The Phase 2 ZEPHYR trial is a randomized, double-blind, placebo-controlled trial evaluating the efficacy, safety, and tolerability of ML-007C-MA in inpatient adult participants with schizophrenia experiencing an acute exacerbation of psychosis.
- 307 participants in the trial were randomized 1:1:1 to receive either placebo, ML-007C-MA 210/3 mg twice daily, or ML-007C-MA 330/6 mg once daily
- Primary endpoint is the change in PANSS total score from baseline to Week 5
- Key secondary endpoints include change in CGI-S score, PANSS-Marder positive and negative factor scores from baseline to Week 5
- Exploratory endpoints include change in cognitive function, assessed across multiple domains commonly impacted in schizophrenia, from baseline to Week 5
The Phase 2 IRIS trial is a randomized, double-blind, placebo-controlled trial evaluating the efficacy, safety, and tolerability of ML-004 in adults and adolescents with autism spectrum disorder.
- 161 participants were randomized in the trial, consistent with our enrollment target of over 100 adolescents (aged 12-17)
- Primary endpoint is the change in Autism Behavioral Inventory (ABI)-Social Communication Domain Score from baseline to Week 12
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Key secondary endpoints include change in CGI-I, ABI-C and Aberrant Behavior Checklist-Irritability (ABC-I) score from baseline to Week 12
About MapLight Therapeutics
MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on improving the lives of patients suffering from debilitating central nervous system disorders. The Company was founded by globally recognized leaders in psychiatry and neuroscience research to address the lack of circuit-specific pharmacotherapies available for patients. The Company’s discovery platform holds the potential to fill this void by identifying neural circuits causally linked to disease and targeting those circuits for therapeutic modulation.
For more information, please visit www.maplightrx.com .
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the federal securities laws, including the Company’s expectations regarding the potential benefits of its current and future product candidates and programs, and the anticipated timing of results from the Company’s Phase 2 ZEPHYR and Phase 2 IRIS clinical trials. Words such as “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “design,” “estimate,” “predict,” “potential,” “develop,” “plan” or the negative of these terms, and similar expressions, are intended to identify forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to the Company on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties (including, without limitation, those set forth in the Company’s filings with the U.S. Securities and Exchange Commission (SEC)), many of which are beyond the Company’s control and subject to change. Actual results could be materially different. Risks and uncertainties include: global macroeconomic conditions and related volatility; expectations regarding the initiation, progress, and expected results of the Company’s preclinical studies, clinical trials and research and development programs; the unpredictable relationship between preclinical study results and clinical study results; the risk that results obtained in any clinical trials to date may not be indicative of results obtained in ongoing or future trials; the timing or likelihood of regulatory filings and approvals; expectations regarding the Company’s ability to fund its current operations; and other risks and uncertainties identified in the Company’s Annual Report on Form 10-K filed with the SEC on March 26, 2026, and subsequent disclosure documents the Company may file with the SEC. The Company claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. The Company expressly disclaims any obligation to update or alter any statements whether as a result of new information, future events or otherwise, except as required by law.
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