Psychedelics
News You Might Have Missed: Aug 21st, 2023
Welcome to the News You Might Have Missed, a weekly roundup of psychedelic medicine news to help you catch up and stay informed.
The post News You Might…
Welcome to the News You Might Have Missed, a weekly roundup of psychedelic medicine news to help you catch up and stay informed
Cybin Granted U.S. Patent For Psilocybin Program
Cybin snnounces grant of U.S. Patent covering proprietary deuterated psilocybin analog in its CYB003 program.
Newly granted U.S. patent covers composition of matter claims and treatment methods in support of the Company’s CYB003 program until 2041.
MindMed Secures $50 Million Loan From K2 HealthVentures
“We are thrilled to announce this agreement with K2 HealthVentures, a premier partner in the life sciences industry known for strategic investments in promising healthcare companies,” said Robert Barrow, Chief Executive Officer and Director of MindMed.
“This transaction strengthens our balance sheet and provides us with additional operational and strategic flexibility as we enter a very exciting period for MindMed. We have several upcoming value inflection points such as the topline readout of our Phase 2b study of MM-120 for the treatment of generalized anxiety disorder later this year.”
COMPASS Pathways Announces Capital Raise of Up to $285 Million
COMPASS will receive approximately $125 million in gross proceeds, and up to an additional approximately $160 million in gross proceeds if the Warrants are fully exercised for cash. Transaction led by healthcare specialist investors, TCGX and Aisling Capital. Net proceeds from financing expected to extend cash runway into late 2025.
Want to catch up on more industry news? Check out a previous edition of the News You Might Have Missed
The post News You Might Have Missed: Aug 21st, 2023 appeared first on Microdose.
Psychedelic Search Trends in 2023
Take a look at this 2023 search volume chart. Do you think you can guess what’s happening? I was pretty shocked when I noticed this spike for December…
Here Are the Champions! Our Top Performing Stories in 2023
It has been quite a year – not just for the psychedelic industry, but also for humanity as a whole. Volatile might not be the most elegant word for it,…
Psilocybin shows promise for treating eating disorders, but more controlled research is needed
Recent psychedelic research shows promising results for mental illnesses and eating disorders, with surveys and reports indicating psilocybin-assisted…
