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LB Pharmaceuticals advances LB-102 with positive Phase 2 results, starts Phase 3 trial, and secures funding through 2029

Company Fundamentals
26 Mar 2026
GlobeNewsWire
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Bullish
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LB Pharmaceuticals reported positive Phase 2 trial results for LB-102 in schizophrenia, showing significant symptom improvement and good tolerability. The company has initiated a pivotal Phase 3 trial for schizophrenia and a Phase 2 trial for bipolar depression, with plans for a Phase 2 trial in major depressive disorder in early 2027. With $295.2 million in cash and a recent $100 million private placement, LB Pharmaceuticals expects to fund operations through Q2 2029, positioning LB-102 as a promising new benzamide antipsychotic for neuropsychiatric disorders in the U.S.

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