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The net proceeds of the Private Placement are expected to be used for certain Phase 3 drug development activities for CYB003, a proprietary deuterated psilocybin analog in development for the potential treatment of Major Depressive Disorder.


Lead Product(s): Deuterated Psilocybin Analog

Therapeutic Area: Psychiatry/Psychology Product Name: CYB003

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Bloom Burton Securities Inc

Deal Size: $150.0 million Upfront Cash: Undisclosed

Deal Type: Private Placement March 19, 2024

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CYB004 (deuterated dimethyltryptamine) is a 5-HT2A receptor agonist, which is being evaluated in phase 2 clinical trials for the treatment of generalized anxiety disorders.


Lead Product(s): Deuterated Dimethyltryptamine

Therapeutic Area: Psychiatry/Psychology Product Name: CYB004

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 15, 2024

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The net proceeds of the Private Placement are expected to be used for certain Phase 3 drug development activities for CYB003, a proprietary deuterated psilocybin analog in development for the potential treatment of Major Depressive Disorder.


Lead Product(s): Deuterated Psilocybin Analog

Therapeutic Area: Psychiatry/Psychology Product Name: CYB003

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Deep Track Capital

Deal Size: $150.0 million Upfront Cash: Undisclosed

Deal Type: Private Placement March 13, 2024

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CYB003 a proprietary deuterated psilocybin analog, today received FDA breakthrough therapy designation, it is currently being development for the treatment of Major depressive disorder.


Lead Product(s): Deuterated Psilocybin Analog

Therapeutic Area: Psychiatry/Psychology Product Name: CYB003

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 13, 2024

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CYB004 (deuterated dimethyltryptamine) is a 5-HT2A receptor agonist, which is being evaluated in phase 1/2 clinical trials for the treatment of generalized anxiety disorders.


Lead Product(s): Deuterated Dimethyltryptamine

Therapeutic Area: Psychiatry/Psychology Product Name: CYB004

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 23, 2024

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CYB004 is a synthetic deuterated N, N-Dimethyltryptamine (DMT) analog which is under phase 1/2 clinical development for the treatment of generalized anxiety disorder (GAD) with depressive symptoms.


Lead Product(s): Dimethyltryptamine

Therapeutic Area: Psychiatry/Psychology Product Name: CYB004

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 08, 2024

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CYB003 (deuterated psilocybin analog) is a small molecule oral agonist targeting the 5-HT2a receptor, it is being investigated for the treatment of Major Depressive Disorder.


Lead Product(s): Deuterated Psilocybin Analog

Therapeutic Area: Psychiatry/Psychology Product Name: CYB003

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 30, 2023

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The Company intends to use the net proceeds for the progression of the Company’s CYB003 (deuterated psilocybin analog) for the treatment of major depressive disorder and its deuterated DMT programs.


Lead Product(s): Deuterated Psilocybin Analog

Therapeutic Area: Psychiatry/Psychology Product Name: CYB003

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Alliance Global Partners

Deal Size: $64.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering November 10, 2023

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CYB003 (deuterated psilocybin analog) is a proprietary molecule, which is being evaluated in phase 2 clinical trials for the potential treatment of major depressive disorder.


Lead Product(s): Deuterated Psilocybin Analog

Therapeutic Area: Psychiatry/Psychology Product Name: CYB003

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 31, 2023

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Through the acquisition, combined portfolio will advance well-protected deuterated DMT program, including SPL026 (N,N-dimethyltryptamine) for the potential treatment of Major Depressive Disorder (MDD).


Lead Product(s): Dimethyltryptamine

Therapeutic Area: Psychiatry/Psychology Product Name: SPL026

Highest Development Status: Phase I/ Phase IIProduct Type: Small molecule

Recipient: Small Pharma

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Acquisition October 23, 2023

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