Seaport Therapeutics
Seaport Therapeutics is a Boston-based biopharmaceutical company developing neuropsychiatric medicines using its proprietary Glyph™ lymphatic delivery platform. The Glyph technology bypasses first-pass hepatic metabolism by routing drugs through the lymphatic system, improving oral bioavailability. Its lead candidate SPT-348 (Glyph2BLSD™) is a prodrug of BOL-148 (2-bromo-LSD), a non-hallucinogenic neuroplastogen targeting headache disorders and TRD. The company raised $325M across a $100M Series A (2024) and $225M Series B (2024–2025), backed by PureTech Health, ARCH Venture Partners, Third Rock Ventures, and General Atlantic.
Development Programmes
3GlyphAllo (SPT-300)
Major depressive disorder
Programme Tracker
Major Depressive Disorder (MDD)
BUOY-1 Phase 2b enrolling (NCT07065240); ~360 participants; 6-week HAMD-17 primary endpoint
Milestones
Pre-clinical completed
CompletedActual: Mar 25, 2026
Science Translational Medicine peer-reviewed publication: lymphatic transport mechanism validated in animals and humans
Why it matters: StM publication validates the Glyph technology platform mechanism for GlyphAllo and the broader pipeline. Academic validation of lymphatic prodrug delivery is critical for the regulatory submission.
Watch next: BUOY-1 primary endpoint results (HAM-D-17 at 6 weeks)
Phase II started
CompletedActual: Jul 1, 2025
BUOY-1 Phase 2b first patient dosed; NCT07065240
Why it matters: GlyphAllo is an oral prodrug of allopregnanolone (a GABA-A positive allosteric modulator) that uses Seaport's Glyph technology to bypass hepatic first-pass metabolism via lymphatic absorption, achieving ~9× greater allopregnanolone exposure than unmodified oral allopregnanolone. Brexanolone (Zulresso) IV showed the same mechanism is clinically active; GlyphAllo offers an oral, outpatient-deliverable form.
Recorded Events
Mar 25, 2026: Pre-clinical completed
Jul 1, 2025: Phase II started
GlyphAgo (SPT-320)
Generalised anxiety disorder / MDD
Programme Tracker
Anxiety Disorders
Phase 1 ongoing (~130 participants in completed portions); SAD and food-effect portions complete; MAD ongoing
Milestones
Phase I started
CompletedActual: Sep 1, 2025
Phase 1 first participant dosed
Why it matters: GlyphAgo is an oral Glyph prodrug of agomelatine (MT1/MT2 agonist + 5-HT2C antagonist). Agomelatine is approved in Europe for MDD but has limited US uptake due to poor oral bioavailability and hepatotoxicity concerns from high doses. GlyphAgo's lymphatic route avoids first-pass liver exposure, potentially resolving both issues.
Phase I topline
CompletedActual: Apr 2, 2026
Phase 1 proof-of-concept positive topline: 6.8× bioavailability vs unmodified agomelatine; 9.6–14.5× dose-normalised exposure; 10× reduction in PK variability; no SAEs or liver-related AEs
Why it matters: 6.8× bioavailability improvement with 10× PK variability reduction validates the Glyph platform for agomelatine. Critically, no hepatotoxicity signals — addressing the main safety concern that limited unmodified agomelatine's uptake. Two parallel Phase 2 trials now planned.
Watch next: Phase 2a (sleep/GAD proof-of-pharmacology) and Phase 2b (registration-enabling RCT) initiation
Recorded Events
Apr 2, 2026: Phase I topline
Sep 1, 2025: Phase I started
Glyph2BLSD (SPT-348)
LSDCluster headache / treatment-resistant depression
Programme Tracker
Headache Disorders (Cluster & Migraine)
Patent filings disclosed March/April 2025; Glyph prodrug of 2-bromo-LSD (BOL-148) in preclinical development
Milestones
Pre-clinical completed
In progressWhy it matters: SPT-348 applies Seaport's Glyph lymphatic absorption technology to 2-bromo-LSD (BOL-148) — a non-hallucinogenic LSD analog. The Glyph linker could improve BOL-148 bioavailability and reduce dosing variability, potentially addressing the same limitations that affect unmodified BOL-148 (low oral bioavailability). This is a next-generation formulation approach to the same compound Ceruvia is developing as NYPRG-101.
Watch next: IND-enabling study initiation and Phase 1 timeline announcement
Quick Facts
- Type
- Private Biotech
- Founded
- 2023
- Lead Stage
- Phase II
- Website
- Visit