Beckley Psytech has commenced a Phase IIa clinical trial of synthetic 5-Methoxy-N, N-Dimethyltryptamine’s (5-MeO-DMT) intranasal formulation, BPL-003, for treatment resistant depression (TRD).
OXFORD, England--(BUSINESS WIRE)--Beckley Psytech Ltd, a private, clinical-stage biotechnology company dedicated to addressing neuropsychiatric conditions through the novel application of psychedelic medicines, today announced that it had initiated a Phase IIa study investigating BPL-003, a proprietary intranasal formulation of synthetic 5-Methoxy-N, N-Dimethyltryptamine (5-MeO-DMT), for Treatment Resistant Depression (TRD).