Mental health technology company TrivarX (ASX:TRI) completed phase 2 of its Sleep Signal Analysis for Current Major Depressive Episode study using its AI-backed algorithm, MEB-001, according to a Wednesday filing with the Australian Securities Exchange.
The study aims to validate MEB-001 for screening and diagnosing major depressive episodes in test subjects, with data from 400 enrolled patients currently being assessed, the filing said.
The study's results will provide additional regulatory validation for MEB-001 before further engagement with the US Food and Drug Administration in the coming months, the company said.
Shares rose nearly 11% in morning trading.
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