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COMPASS Pathways Reports Q1 2023: Financials, Commercial Groundwork And Ongoing Phase 3 Trials
Thursday, May 11, 2023 - 3:18pm | 447Mental healthcare biotech company advancing psilocybin therapy COMPASS Pathways plc (NASDAQ: CMPS) reported its financial results for the first quarter 2023 ended March 31, 2023 and updated on recent business and clinical progresses. In numbers: Cash and cash equivalents totaled $117.1 million as...
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International IP Claims On Novel Psychedelic Fungi Biomass Manufacturing Gets Prelim Acceptance
Wednesday, May 3, 2023 - 7:01pm | 277Fully-integrated biopharma company Albert Labs International Corp.’s international patent application covering IP around a novel manufacturing technology for the production and scaling of fungi biomass yields including psilocybin has received preliminary acceptance by the World International...
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Psyched: Canada's Case For Psilocybin Access And Microdose Trial, US Reform Update, Battle With DEA & More
Wednesday, April 5, 2023 - 9:57am | 1156Canadian Patients Demand Access To Psilocybin: Federal Lawsuit, Official Petition & Failing Mechanism A patient-led lawsuit against the Canadian government is claiming access to therapeutic psilocybin is a constitutional right under the Canadian Charter of Rights and Freedoms. In 2020, Health...
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Therapists At Mass General Hospital Prepared To Assist IBS Patients With Psilocybin Therapy
Tuesday, April 4, 2023 - 4:47pm | 356Psychotherapists at the Massachusetts General Hospital (MGH) have undergone training by lead business Fluence toward participating in Tryp Therapeutics (OTCQB: TRYPF)’ Phase 2a trial assessing psilocybin-assisted psychotherapy on adult participants with treatment-resistant Irritable Bowel...
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Filament Health: 2022 Financials And Operational Highlights From Creator Of The Ayahuasca Pill
Monday, April 3, 2023 - 1:44pm | 569The natural psychedelics company responsible for creating the first standardized ayahuasca capsule, Filament Health Corp. (OTCQB: FLHLF), shared its financial results and operational highlights for the period ended December 31, 2022. Numbers show: Total cash of $2.08 (CA$2.8) million as of...
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COMPASS Pathways: New Data & Insight On Psilocybin Therapy For Treatment-Resistant Depression
Tuesday, March 14, 2023 - 6:05pm | 947COMPASS Pathways' (NASDAQ: CMPS) Phase 2b study of synthetic psilocybin COMP360 paired with psychological support for Treatment-Resistant Depression (TRD) is still nourishing the psychedelics research field, as newly published data demonstrate the therapy’s potential beyond the...
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Australia Receives First Batch Of Clinical-Grade Psilocybin From Mindset Pharma And PharmAla
Monday, March 6, 2023 - 2:14pm | 416The exclusive sales partnership between psychedelics biotechs Mindset Pharma (OTCQB: MSSTF) and PharmAla Holdings resulted in the first sale of Mindset’s GMP-compliant psilocybin in Australia. The psilocybin batch was purchased by Reset Mind Sciences Ltd., a Western Australian-based...
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COMPASS Pathways Shares Q4 & Year-End 2022 Financials, Advances Phase 3 Psilocybin Trials
Tuesday, February 28, 2023 - 3:55pm | 492Mental healthcare biotech COMPASS Pathways (NASDAQ: CMPS) reported its financial results for the fourth quarter and year-end 2022 and provided an update on recent pipeline and business progress. Numbers show: Cash and cash equivalents of $143.2 million as of Dec. 31, 2022, compared to $273.2...
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2C-B Vs. Psilocybin: New Study Shares Insightful Trial Results On The Mescaline-Derived Psychedelic's Effects
Tuesday, February 21, 2023 - 8:41pm | 681A new clinical trial assessed the immediate acute effects of 2C-B hallucinogenic phenethylamine compared to psilocybin on subjective experience, mood and cognition. The study, conducted by Netherlands’ University of Maastricht, had a total of 22 psychedelic-experienced volunteers divided into...
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State-Level Psychedelics In 2023: Oklahoma Introduces Research Bill, Washington Amends And Passes Measure
Friday, February 17, 2023 - 2:37pm | 844Oklahoma To Reconsider Bills On Psilocybin Therapy Research Together with several other state legislatures, it is now Oklahoma’s turn to dive in with the relaunch of a 2022 proposal involving psychedelics. Last year, HB 3414 was amended but ultimately killed. However, sponsor Rep. Daniel Pae...
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Supply Partnerships: Filament's Psilocybin Trial In Canada, PharmAla's MDMA Program In Australia
Tuesday, February 14, 2023 - 4:13pm | 554Filament’s Psilocybin, Tested On Mild Cognitive Impairment By CAMH Clinical-stage natural psychedelic drug development company Filament Health Corp. (OTCQB: FLHLF) has inked a second supply deal with Canada-based Centre for Addiction and Mental Health (CAMH) concerning its botanical...
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Health Canada Grants Exemption: Phase 2 Trial On Psilocybin For Genetic Disorder
Tuesday, February 14, 2023 - 2:37pm | 366Wellbeing Digital (OTC: KONEF) subsidiary KGK Sciences will advance with the first-ever Phase 2a clinical trial assessing repetitive, oral microdose psilocybin therapy for Fragile X Syndrome (FXS), a genetic disorder. KGK and its client Nova Mentis (OTC: NMLSF) are set to conduct this pioneering...
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Psyched: 12 States Discuss Legalization Bills, Ceremonies For Veterans With TBI, Ketamine And MDMA Fast-Tracks & More
Monday, February 13, 2023 - 5:01pm | 1764Psychedelics Legislation: The Latest On Hawaii, Virginia, Missouri & More Hawaii: A bill to establish the Therapeutic Psilocybin Working Group, to study psychedelics' medicinal and therapeutic effects, has been approved with recommended amendments. The measure won support from Democratic...
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Testing Psychedelics Efficacy On 'Psychiatry's Blind Spot': Latest King's College Trial
Monday, February 13, 2023 - 2:30pm | 599A new open-label study Sponsored by King’s College London (KCL) will assess the effects of a single psilocybin dose of 25 milligram on subjects with a diagnosis of the common and disabling Functional Neurological Disorder (FND). The National Institutes of Health (NIH) defines this...
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How Do Psilocybin And MDMA Work Together? This Proposed Experiential Study Is Set To Find Out
Thursday, February 9, 2023 - 6:19pm | 352Licensed psychedelic drugs producer Optimi Health Corp. (OTCQX: OPTHF) submitted a Health Canada clinical trial application (CTA) for a Phase 1 study that will assess the safety of combining its natural psilocybin standardized extract with its proprietary MDMA drug candidate in healthy therapists....