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Details:
BMND06, (a novel formulation based on the psychedelic molecule mescaline), is naturally occurring psychedelic compound, binding and activating, the serotonin 5-HT2A receptor with high affinity, for treating a wide range of therapeutic indications.
Lead Product(s): Mescaline
Therapeutic Area: Immunology Product Name: BMND06
Highest Development Status: IND EnablingProduct Type: Small molecule
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable March 24, 2022
Details:
The funding will be used to accelerate the development of Journey Colab’s portfolio of psychedelic compounds. Journey Colab’s lead compound, Mescaline HCl (JOUR-001), is being developed for the treatment of Alcohol Use Disorder (AUD).
Lead Product(s): Mescaline
Therapeutic Area: Psychiatry/Psychology Product Name: JOUR-001
Highest Development Status: PreclinicalProduct Type: Small molecule
Partner/Sponsor/Collaborator: MBX Capital
Deal Size: $12.0 million Upfront Cash: Undisclosed
Deal Type: Series A Financing September 07, 2021