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Under the agreement, Avance Clinical will manage the Phase 1 clinical trial of EB-373 in coordination with Enveric. EB-373 is designed as a next-generation proprietary psilocin prodrug and developed leveraging its Psybrary™ drug discovery platform to target anxiety disorders.


Lead Product(s): EB-373

Therapeutic Area: Psychiatry/Psychology Product Name: EB-373

Highest Development Status: PreclinicalProduct Type: Small molecule

Recipient: Enveric Biosciences

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Agreement March 23, 2023

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No severe adverse events were noted as PRV-002 was well-tolerated for all cohorts. No delays were instituted between cohorts. Vital signs, EKG readings, sleep patterns and breathing function were all normal through the entirety of the study.


Lead Product(s): PRV-002

Therapeutic Area: Trauma (Emergency, Injury, Surgery) Product Name: PRV-002

Highest Development Status: Phase IProduct Type: Small molecule

Recipient: Odyssey Health

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 28, 2022

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The study is a double-blinded, randomized, and placebo-controlled safety study of AT-301 nasal spray in 32 healthy adult subjects divided into two study groups.


Lead Product(s): AT-301

Therapeutic Area: Infections and Infectious Diseases Product Name: AT-301

Highest Development Status: PreclinicalProduct Type: Undisclosed

Partner/Sponsor/Collaborator: Atossa Therapeutics

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Collaboration July 22, 2020

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