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Acadia Pharmaceuticals Inc.

Complete enrollment in the pivotal ADVANCE-2 study for pimavanserin

Delivered after the deadline (215 days after the deadline)

AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.

Announced
28 Feb 2022
Due
31 Dec 2022
Delivered
3 Aug 2023
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“complete enrollment in our pivotal ADVANCE-2 study for pimavanserin for the negative symptoms of schizophrenia”

What we found

Evidence strength A What the grades mean

The company failed to complete enrollment in the ADVANCE-2 study by the end of 2022, later updating the timeline to mid-2023 and confirming completion in an August 2023 filing.

  • A
    Acadia Pharmaceuticals Inc. 8-K filed 2023-02-28 Regulatory filing · published 28 Feb 2023 · retrieved 1 Oct 2026 · kept permanently by the SEC · fingerprint cd66bc0b4cf0
    “Enrollment is expected to be completed for ADVANCE-2, a Phase 3 study evaluating pimavanserin for the negative symptoms of schizophrenia, around mid-year 2023.” ✓ confirmed on the page
  • A
    Acadia Pharmaceuticals Inc. 10-Q filed 2023-08-03 Regulatory filing · published 3 Aug 2023 · retrieved 1 Oct 2026 · kept permanently by the SEC · fingerprint 9c47bed2f1c1
    “We completed enrollment in ADVANCE-2 and expect that top-line results will be available in the first quarter of 2024.” ✓ confirmed on the page

Market reaction: the shares moved +4.6% against the S&P 500 over the three sessions around the disclosure (27 Feb 2023 to 2 Mar 2023). What this measures

Checked 1 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

  • Deadline drift +181 days
  • 2 versions
  1. Version 1 · original · stated 28 Feb 2022

    Deadline 31 Dec 2022 (“this year”)

  2. Version 2 · stated 28 Feb 2023

    Deadline 30 Jun 2023 (“around mid-year 2023”) · wording expected

    “Enrollment is expected to be completed for ADVANCE-2, a Phase 3 study evaluating pimavanserin for the negative symptoms of schizophrenia, around mid-year 2023.”

    Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Clinical milestone
Indicative materiality
Medium rules
Action
Complete
Deliverable
Enrollment in ADVANCE-2 study
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works

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Report an error in this entry Reference: KI-C-2022-ACAD-002576 · Corrections policy

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