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    Empyrean Neuroscience Launches with $22M Series A and Genetic Engineering Platform to Advance Pipeline of Neuroactive Compounds Targeting CNS Disorders

    Details:

    As part of its genetic engineering platform, the company has licensed CRISPR/Cas9 technology from ERS Genomics for genetic engineering applications related to its therapeutic pipeline products including PsiD+ having enhanced psilocybin.


    Lead Product(s): Psilocybin Derivative

    Therapeutic Area: Psychiatry/Psychology Product Name: PsiD+

    Highest Development Status: IND EnablingProduct Type: Small molecule

    Partner/Sponsor/Collaborator: Veteran biotech

    Deal Size: $22.0 million Upfront Cash: Undisclosed

    Deal Type: Series A Financing October 18, 2022

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