MapLight Therapeutics/$MPLT

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About MapLight Therapeutics

MapLight Therapeutics is a clinical-stage biopharmaceutical company focused on developing therapies for central nervous system (CNS) disorders. Founded in 2019 by experts in psychiatry and neuroscience, the company employs proprietary technologies such as optogenetics, STARmap, and transcriptomics to identify and target neural circuits linked to various CNS conditions. Its lead product candidate, ML-007C-MA, is an oral, extended-release, fixed-dose combination of an investigational M₁/M₄ muscarinic agonist, ML-007, co-formulated with a peripherally acting anticholinergic, currently in Phase 2 clinical trials for schizophrenia and Alzheimer's disease psychosis. Other pipeline programs include ML-004, a 5-HT₁B agonist in Phase 2 targeting social communication deficits in autism spectrum disorder, and preclinical compounds ML-016 and ML-009 for Parkinson’s disease and hyperactivity/impulsivity, respectively. Headquartered in Redwood City, California, MapLight has secured significant funding, including a $372.5 million Series D financing in July 2025, and announced its initial public offering on October 6, 2025, with shares expected to begin trading on the Nasdaq Global Market under the symbol "MPLT" on October 27, 2025.

Ticker

$MPLT
Sector
Primary listing

Employees

109

MPLT Metrics

BasicAdvanced
$694M
-
-$121.50
-
-

Bulls say / Bears say

MapLight closed an oversubscribed $372.5 million Series D in July 2025, with Forbion and Goldman Sachs Alternatives as lead investors. This gives the company plenty of capital to advance both clinical and preclinical projects. (Reuters)
During its IPO in October 2025, MapLight raised $250.8 million at $17 a share, reaching a valuation up to $704.3 million. The offering came as biotech IPO activity rebounded, reflecting investor enthusiasm for its central nervous system platform. (Reuters)
MapLight’s pipeline is diversified, with ML-007C-MA and ML-004 in Phase 2 for schizophrenia, Alzheimer’s-related psychosis, and autism spectrum disorder, as well as preclinical programs for Parkinson’s and hyperactivity. This breadth provides multiple near-term clinical catalysts. (Reuters)
MapLight reported a net loss of $52.2 million for the first half of 2025, up from $37.3 million a year earlier, highlighting continued high R&D expenses without any commercial revenue to offset costs. (Reuters)
The company’s SEC filings show its IND application for ML-007C-MA was placed on clinical hold by the FDA in May 2024 due to nonclinical findings, pointing to potential regulatory hurdles that could delay key Phase 2 studies. (StreetInsider)
With no approved products and a post-IPO valuation near $704.3 million, MapLight is highly exposed to the binary risk of mid-stage clinical trials and uncertain regulatory approvals, which could significantly increase share volatility. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 28 Oct 2025.

MPLT Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $MPLT

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs
Buy MapLight Therapeutics stock | $MPLT Share Price | Lightyear