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Ata Inc
Ata Inc. (ATAI) is a biotech company focused on developing psychedelics and other drugs for mental health treatments. The company is headquartered in Berlin, Germany and its stock is traded on the Nasdaq Global Market.
In terms of financials, ATAI reported a net loss of €32.4 million ($37.1 million) for the nine months ended September 30, 2021, compared to a net loss of €21.2 million ($24.6 million) for the same period in 2020. The company's revenue for the first nine months of 2021 was €2.5 million ($2.9 million), up from €0.5 million ($0.6 million) for the same period in 2020.
As for growth, ATAI has been expanding its pipeline of psychedelic and other mental health treatments, including through acquisitions and partnerships. The company has a portfolio of 15 clinical and preclinical programs, including treatments for depression, anxiety, and substance use disorders.
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