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APEX-90 macrodose psilocybin product is being studied for treatment of patients suffering from moderate or severe depression and PTSD in phase 2 clinical trials.
APEX-90 (psilocybin) is a macrodose formulation which act as agonistically with serotonin (5-hydroxytryptamine) type 2A (5-HT2A) receptors, which is investigated for the treatment of severe depression in patients with diagnosed PTSD.
The net proceeds will be used to advance the Company's recently announced Phase IIb clinical trial in Australia using PEX010, a natural psilocybin drug candidate, for the healing of psychological trauma and its mental health consequences in the context of palliative care.
The Company intends to use the net proceeds to fund phase 2 clinical trials of the Company’s patented ALA series of molecules including, ALA-002, an oral, small molecule drug being developed for the treatment of social anxiety disorder and post-traumatic stress disorder.
Psilocybin reacts agonistically with serotonin (5-hydroxytryptamine) type 2A (5-HT2A) receptors to produce a “mystical-like” hallucinatory effect due to induced frontal hyper-frontality, which in turn mediates its anti-depressant and anti-anxiety effects.
BMND08 is a proprietary sublingual formulation of 5-Metoxi-N,N-dimethyltryptamine ("5-MeO-DMT"), being investigated as a potential treatment of anxiety and depression in alzheimer’s disease.
The net proceeds from the non-brokered private placement will be used to advance the Company's recently announced Phase IIb clinical trial in Australia using a natural PEX010 (psilocybin) in the palliative care setting and drug development.
APEX-52 (psilocybin) reacts agonistically with serotonin (5-hydroxytryptamine) type 2A (5-HT2A) receptors to produce a “mystical-like” hallucinatory effect due to induced frontal hyper-frontality, which in turn mediates its anti-depressant and anti-anxiety effects.
The proceeds from will help to fund the design and conduct of Psyence’s Phase IIb clinical trial using a natural psilocybin drug candidate PEX010, in the palliative care setting.
Psilocybin reacts agonistically with serotonin (5-hydroxytryptamine) type 2A (5-HT2A) receptors to produce a “mystical-like” hallucinatory effect due to induced frontal hyper-frontality, which in turn mediates its anti-depressant and anti-anxiety effects.