Helus Pharma: APPROACHing Inflection: Pivotal Readout Sets Up Asymmetric Upside

Initiating Helus Pharma with a speculative Buy ahead of Q4 2026 Phase 3 APPROACH readout; undervalued HLP003 MDD asset offers upside. Click for more on HELP stock.

Investment Thesis: Initiating With a Buy Rating I initiate coverage of Helus Pharma (HELP) with a speculative Buy rating. The core thesis for this rating is that the opportunity offers an attractive high-risk but I initiate coverage of Helus Pharma (HELP) with a speculative Buy rating. The core thesis for this rating is that the opportunity offers an attractive high-risk but Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in HELP over the next 72 hours.

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