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GH Research PLC: Business Overview, Financials & Competitive Analysis

GH Research PLC scores 7/10 on the AskCyborg Cyborg Score (Solid). GH Research is a focused biotech player with validated early-stage data in TRD pursuing novel psychedelic-derived therapeutics with significant unmet medical need. GH Research demonstrates solid clinical progress with Phase 2b data supporting its lead candidate, substantial market capitalization (~$1.5B as of June 2026), and a focused therapeutic strategy.

What is GH Research PLC's industry? GH Research PLC (ghres.com) operates in Biotechnology. AskCyborg classifies GH Research PLC under Biotechnology in its company registry.

GH Research is a clinical-stage biopharmaceutical company focusing on developing novel mebufotenin therapies for treating treatment-resistant depression (TRD). The company's lead asset GH001 is an inhalable mebufoteni...

7/ 10Solid

Cyborg Score thesis

GH Research is a focused biotech player with validated early-stage data in TRD pursuing novel psychedelic-derived therapeutics...

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Industry Biotechnology
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: October 5, 2026
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Analyst-debate audio for GH Research PLC

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What's in This Report
GH Research PLC OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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GH Research PLC Overview

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GH Research is a clinical-stage biopharmaceutical company focusing on developing novel mebufotenin therapies for treating treatment-resistant depression (TRD). The company's lead asset GH001 is an inhalable mebufotenin candidate in Phase 2b clinical trials for TRD and Phase 2a trials for bipolar II disorder and postpartum depression.

Strategic Profile

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GH Research develops 5-Methoxy-N,N-Dimethyltryptamine (5-MeO-DMT) therapies targeting psychiatric disorders. The company is advancing a multi-indication pipeline with inhalable and intravenous formulations, positioning itself in the emerging psychedelic-derived therapeutics market for treatment-resistant conditions.

Competitive Landscape

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GH Research competes in the psychedelic-derived therapeutics space alongside other companies developing MDMA and psilocybin therapies for psychiatric indications. Direct competitors in TRD treatment include traditional antidepressant providers and emerging biotech firms developing esketamine analogs and novel mechanisms. GH Research's proprietary 5-MeO-DMT platform and inhalable/IV delivery approaches differentiate it in this nascent segment.

Industry Context

GH Research PLC operates in Biotechnology.

Key facts

Founded: 2018 · Headquarters: Dublin, Ireland · Employees: 73 · Market cap: $1.48B

What the analysts stress-tested

The top findings that survived the multi-agent debate for GH Research PLC.

  • Lead program GH001 met primary endpoints in Phase 2b TRD trial with -15.5 point placebo-adjusted MADRS reduction, demonstrating clinical efficacy
  • Company completed FDA IND hold resolution with no respiratory toxicity findings in non-rodent studies, clearing regulatory pathway forward
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Recent developments

Material events tracked by the AskCyborg corpus.

  • May 2026Cantor Fitzgerald raised price target to $35 from $25 and initiated coverage at Overweight
  • February 2026Completed $150 million public offering to fund clinical development
  • +1 moreTrack every material event for GH Research PLC as it happens. Explore monitoring →
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Esketamine (Spravato)FDA-approved intranasal ketamine for TRD→COMPASS Pathways ProgramPsilocybin therapy development for treatment-resistant depression→MDMA-Assisted TherapyMDMA-assisted psychotherapy for PTSD→

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Industry context

GH Research PLC operates in Biotechnology. See how the rest of the sector scores on the Cyborg framework.

Top companies in Biotechnology by Cyborg Score

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Frequently asked questions

What does GH Research PLC do?+
GH Research is a clinical-stage biopharmaceutical company focusing on developing novel mebufotenin therapies for treating treatment-resistant depression (TRD). The company's lead asset GH001 is an inhalable mebufoteni...
What is GH Research PLC's Cyborg Score?+
GH Research PLC has a Cyborg Score of 7/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are GH Research PLC's main competitors?+
Named competitors include Esketamine (Spravato), COMPASS Pathways Program, MDMA-Assisted Therapy. The full competitive landscape is in the AskCyborg report.
How can I get the full GH Research PLC research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the GH Research PLC research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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More Biotechnology research

Companies in the same sector and named competitors, ranked by Cyborg Score.

8Abivax SA8Bavarian Nordic A/S8Beam Therapeutics Inc.8CG Oncology, Inc.8Cogent Biosciences, Inc.8COMPASS Pathways plc8CSL Limited8Eckert & Ziegler SE8Krystal Biotech, Inc.8Legend BiotechTop companies in Biotechnology by Cyborg Score