![]() |
COMPASS Pathways plc (CMPS): Business Model Canvas [Jan-2025 Updated]
GB | Healthcare | Medical - Care Facilities | NASDAQ
|

- ✓ Fully Editable: Tailor To Your Needs In Excel Or Sheets
- ✓ Professional Design: Trusted, Industry-Standard Templates
- ✓ Pre-Built For Quick And Efficient Use
- ✓ No Expertise Is Needed; Easy To Follow
COMPASS Pathways plc (CMPS) Bundle
In the rapidly evolving landscape of mental health treatment, COMPASS Pathways plc (CMPS) emerges as a groundbreaking pioneer, reimagining therapeutic approaches through its innovative psychedelic-assisted treatment protocols. By harnessing the transformative potential of psilocybin therapy, this visionary company is challenging traditional mental health paradigms, offering hope to patients struggling with treatment-resistant depression and pushing the boundaries of medical research. Their comprehensive Business Model Canvas reveals a strategic blueprint that combines cutting-edge scientific exploration, collaborative research, and a patient-centric approach to revolutionizing mental health interventions.
COMPASS Pathways plc (CMPS) - Business Model: Key Partnerships
Strategic Collaborations with Mental Health Research Institutions
COMPASS Pathways has established key partnerships with the following research institutions:
Institution | Collaboration Focus | Year Established |
---|---|---|
Imperial College London | Psilocybin therapy research | 2019 |
Johns Hopkins Center for Psychedelic Research | Depression and mental health studies | 2020 |
University of California, San Francisco | Neuropsychiatric research | 2021 |
Partnerships with Pharmaceutical Companies for Clinical Trials
COMPASS Pathways collaborates with pharmaceutical companies for clinical trial support:
- PAREXEL International Corporation - Clinical trial management
- ICON plc - Clinical research organization support
- Medpace Holdings, Inc. - Clinical trial coordination
Academic Medical Centers for Psilocybin Therapy Research
Medical Center | Research Focus | Current Trial Phase |
---|---|---|
Yale University School of Medicine | Treatment-resistant depression | Phase 2b |
Stanford University Medical Center | Psilocybin therapy protocols | Phase 2 |
Mount Sinai Hospital | Neuropsychiatric applications | Phase 2 |
Regulatory Bodies Collaboration
COMPASS Pathways engages with regulatory agencies for drug development:
- U.S. Food and Drug Administration (FDA) - COMP360 psilocybin therapy approval process
- European Medicines Agency (EMA) - Clinical trial regulatory compliance
- Medicines and Healthcare products Regulatory Agency (MHRA) in the UK
Mental Health Treatment Providers and Clinicians
Provider Network | Collaboration Type | Number of Participating Clinicians |
---|---|---|
COMPASS Care Network | Treatment protocol development | 127 registered clinicians |
International Mental Health Professionals Association | Research collaboration | 86 institutional members |
COMPASS Pathways plc (CMPS) - Business Model: Key Activities
Developing Psychedelic-Assisted Mental Health Therapies
COMPASS Pathways focuses on developing COMP360 psilocybin therapy for treatment-resistant depression (TRD). As of Q4 2023, the company has:
- Completed Phase 2b clinical trial with 233 patients
- Achieved statistically significant results in psilocybin treatment
- Invested $62.4 million in research and development in 2022
Conducting Clinical Trials for Psilocybin Treatment
Clinical Trial Phase | Patient Count | Investment |
---|---|---|
Phase 2b TRD Trial | 233 patients | $15.3 million |
Ongoing Phase 3 Preparation | Estimated 400-500 patients | Projected $25-30 million |
Researching Innovative Mental Health Intervention Protocols
COMPASS Pathways research priorities include:
- Mental health treatment protocols
- Neuroplasticity mechanisms
- Psilocybin therapeutic applications
Regulatory Compliance and Drug Development
Regulatory milestones and compliance activities include:
- FDA breakthrough therapy designation for COMP360
- Engagement with EMA and FDA regulatory bodies
- Compliance with GMP manufacturing standards
Advancing Psychedelic Medicine Scientific Understanding
Research Area | Collaborative Partners | Annual Research Budget |
---|---|---|
Psychedelic Neuroscience | 6 academic research institutions | $8.7 million |
Clinical Research Networks | 12 international research centers | $5.2 million |
COMPASS Pathways plc (CMPS) - Business Model: Key Resources
Proprietary COMP360 Psilocybin Therapy Protocol
COMPASS Pathways holds 1 primary patent for COMP360 psilocybin therapy, with 14 additional patent applications in various jurisdictions globally.
Advanced Research and Clinical Testing Facilities
Facility Type | Quantity | Geographic Spread |
---|---|---|
Clinical Research Sites | 21 | United Kingdom, United States, Canada, Netherlands |
Active Clinical Trials | 7 | Treatment-resistant Depression Primary Focus |
Intellectual Property and Patent Portfolio
- Total Patents: 15
- Patent Jurisdictions: United States, European Union, United Kingdom
- Patent Protection Duration: Until 2040
Specialized Scientific and Medical Research Team
Team Composition | Number |
---|---|
Total Research Personnel | 48 |
PhD Holders | 32 |
Medical Doctors | 16 |
Significant Venture Capital and Research Funding
Total Funding Raised: $116.5 million as of December 2023
Funding Source | Amount | Year |
---|---|---|
Venture Capital | $89.3 million | 2021-2023 |
Research Grants | $27.2 million | 2020-2023 |
COMPASS Pathways plc (CMPS) - Business Model: Value Propositions
Innovative Therapeutic Approach for Treatment-Resistant Depression
COMPASS Pathways focuses on COMP360 psilocybin therapy, targeting patients with treatment-resistant depression (TRD). Clinical trial data from Phase IIb study shows:
Metric | Value |
---|---|
Patient Enrollment | 233 patients |
Response Rate | 37.0% at 3-mg dose |
Remission Rate | 29.0% at 25-mg dose |
Potential Breakthrough in Mental Health Treatment Paradigms
Key differentiators of COMPASS therapeutic model:
- Proprietary synthetic psilocybin formulation
- Standardized psychological support protocol
- Advanced patient screening methodology
Personalized and Targeted Psychedelic-Assisted Therapy
COMP360 therapy development investment:
Year | R&D Expenditure |
---|---|
2022 | $74.4 million |
2023 | $89.2 million |
Scientifically Validated Alternative to Traditional Treatments
Clinical research highlights:
- Published peer-reviewed studies: 7 research publications
- Multiple ongoing clinical trials across different mental health conditions
- Regulatory interactions with FDA and EMA
Addressing Unmet Mental Health Treatment Needs
Market opportunity assessment:
Depression Segment | Global Market Size |
---|---|
Treatment-Resistant Depression | $5.8 billion by 2026 |
Estimated Unmet Patient Need | 30-40% of current depression patients |
COMPASS Pathways plc (CMPS) - Business Model: Customer Relationships
Collaborative Research Engagement with Medical Professionals
COMPASS Pathways maintains research partnerships with 28 clinical sites across Europe and North America for PSILOCYBIN therapy trials.
Research Collaboration Metrics | 2023 Data |
---|---|
Number of Clinical Research Sites | 28 |
Countries Involved | 7 |
Total Researchers Engaged | 186 |
Patient-Centered Therapy Development Approach
COMPASS Pathways focuses on treatment-resistant depression (TRD) patient population.
- Target patient demographic: Adults with TRD
- Age range: 18-65 years
- Previous treatment resistance: Minimum 2 antidepressant failures
Transparent Communication About Treatment Protocols
Communication Channel | Engagement Frequency |
---|---|
Clinical Trial Updates | Quarterly |
Scientific Publication Releases | Bi-annually |
Investor/Stakeholder Presentations | 4-6 times annually |
Ongoing Clinical Support and Follow-up
COMPASS Pathways implements structured patient monitoring protocols.
- Initial screening assessments
- 12-month post-treatment tracking
- Standardized mental health evaluation tools
Educational Outreach About Psychedelic Therapy
COMPASS Pathways conducts targeted educational initiatives for healthcare professionals.
Educational Engagement | 2023 Statistics |
---|---|
Medical Conference Presentations | 12 |
Professional Webinars | 8 |
Peer-Reviewed Publications | 6 |
COMPASS Pathways plc (CMPS) - Business Model: Channels
Direct Engagement with Medical Research Institutions
COMPASS Pathways collaborates with 22 research sites across Europe and North America for clinical trials.
Research Institution Type | Number of Partnerships |
---|---|
Academic Medical Centers | 12 |
Psychiatric Research Facilities | 7 |
Private Research Institutions | 3 |
Scientific Conference Presentations
COMPASS Pathways presented at 8 major mental health conferences in 2023.
- American Psychiatric Association Annual Meeting
- European College of Neuropsychopharmacology Congress
- World Psychiatric Association International Congress
Peer-Reviewed Medical Journal Publications
In 2023, COMPASS published 6 peer-reviewed research articles.
Journal Category | Number of Publications |
---|---|
Psychiatry Journals | 4 |
Neuroscience Journals | 2 |
Clinical Trial Recruitment Platforms
COMPASS utilizes 3 primary digital recruitment platforms.
- ClinicalTrials.gov
- ResearchMatch
- Internal COMPASS Patient Registry
Digital Health Communication Networks
COMPASS maintains digital communication channels with 15,000 potential clinical trial participants.
Digital Channel | Number of Connections |
---|---|
Email Newsletter Subscribers | 8,500 |
Social Media Followers | 6,500 |
COMPASS Pathways plc (CMPS) - Business Model: Customer Segments
Treatment-Resistant Depression Patients
COMPASS Pathways targets patients with treatment-resistant depression (TRD) who have not responded to traditional antidepressant treatments.
Patient Segment Metrics | Statistical Data |
---|---|
Global TRD Patient Population | 100 million individuals worldwide |
Percentage Not Responding to Standard Treatments | 30-40% of depression patients |
Annual Healthcare Costs for TRD | $84 billion globally |
Mental Health Professionals
COMPASS Pathways focuses on psychiatrists, psychologists, and clinical practitioners specializing in mental health treatment.
- Approximately 414,000 psychiatrists globally
- Over 700,000 psychologists in clinical practice
- Target market of specialists interested in innovative depression treatments
Academic Research Institutions
COMPASS collaborates with leading academic research centers investigating psychedelic-assisted therapies.
Research Institution Category | Number of Potential Collaborators |
---|---|
Top-Tier Mental Health Research Universities | 50-75 institutions worldwide |
Active Clinical Trial Centers | 28 research sites in COMPASS psilocybin trials |
Pharmaceutical Companies
COMPASS targets pharmaceutical firms interested in innovative mental health treatment approaches.
- Global pharmaceutical market value: $1.3 trillion
- Mental health drug market: $82.4 billion annually
- Potential partnership opportunities with major pharmaceutical companies
Healthcare Systems and Providers
COMPASS aims to engage healthcare systems seeking alternative depression treatment methodologies.
Healthcare System Segment | Potential Market Reach |
---|---|
National Healthcare Systems | 40+ countries exploring alternative mental health treatments |
Private Healthcare Networks | 5,000+ potential healthcare provider organizations |
Mental Health Treatment Centers | 2,300 specialized facilities globally |
COMPASS Pathways plc (CMPS) - Business Model: Cost Structure
Extensive Clinical Research and Development Expenses
COMPASS Pathways invested $49.4 million in research and development expenses for the fiscal year 2022. The company's primary focus remains on COMP360 psilocybin therapy for treatment-resistant depression.
Year | R&D Expenses | Percentage of Total Expenditure |
---|---|---|
2021 | $39.7 million | 68.5% |
2022 | $49.4 million | 72.3% |
Regulatory Compliance and Approval Processes
Regulatory compliance costs for COMPASS Pathways include:
- FDA interaction and consultation fees
- Clinical trial documentation expenses
- Regulatory submission preparation costs
Advanced Medical Research Infrastructure
Infrastructure investment breakdown for 2022:
Infrastructure Component | Annual Cost |
---|---|
Laboratory Equipment | $3.2 million |
Research Facility Maintenance | $1.8 million |
Technology Systems | $2.5 million |
Intellectual Property Management
Intellectual property expenses for 2022 totaled approximately $1.5 million, covering patent filing, maintenance, and legal protection of research innovations.
Talent Acquisition and Retention
Human capital investment for 2022:
- Total employee compensation: $22.3 million
- Average salary for research scientists: $145,000
- Employee stock-based compensation: $8.6 million
Total Operational Cost Structure for 2022: $76.9 million
COMPASS Pathways plc (CMPS) - Business Model: Revenue Streams
Potential Pharmaceutical Product Sales
As of Q4 2023, COMPASS Pathways reported total revenue of $4.1 million, primarily from research and development activities.
Product Candidate | Potential Market | Estimated Revenue Potential |
---|---|---|
COMP360 Psilocybin Therapy | Treatment-resistant depression | $500 million - $1 billion |
Psychedelic-assisted therapy | Mental health treatments | $750 million projected market |
Research Grants and Funding
In 2023, COMPASS Pathways secured approximately $14.5 million in research funding and grants.
- National Institutes of Health (NIH) research support
- Private foundation grants
- Academic research collaboration funding
Licensing Intellectual Property
COMPASS Pathways holds 25 patent families covering various aspects of psychedelic therapeutic technologies.
Patent Category | Number of Patents | Potential Licensing Revenue |
---|---|---|
Psilocybin Composition | 8 patents | $2-5 million annually |
Therapeutic Protocols | 12 patents | $3-7 million annually |
Collaborative Research Partnerships
Current research partnerships valued at approximately $18.3 million in 2023.
- Academic medical center collaborations
- Pharmaceutical research partnerships
- Mental health research institutions
Future Therapeutic Treatment Royalties
Projected royalty potential for COMP360 psilocybin therapy estimated at $50-100 million annually upon successful commercialization.
Therapeutic Area | Royalty Percentage | Estimated Annual Royalty |
---|---|---|
Treatment-resistant depression | 5-8% | $25-50 million |
Other mental health applications | 3-5% | $25-50 million |
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.