(TSX: NUMI, OTCQX: NUMIF) and Novamind Inc.
Numinus and Novamind Shareholders Approve AcquisitionĪs was previously reported, Numinus Wellness Inc. To purchase the HaluGen Genetic test kit and see if you are genetically predisposed to having a bad trip, click here. The sale is expected to close within 30 days.
Novamind news trial#
The study, conducted in the Netherlands with 50 healthy patients who smoke tobacco, is the largest Phase 1 DMT trial to date. (CSE: ENBI, OTCQB: ENTBF) to acquire their Phase 1 DMT safety trial. (NYSE: CYBN, NEO: CYBN) announced that they have entered into an agreement with Entheon Biomedical Corp. The deal allows Cerebral to refer its patients to Field Trip’s services, and in turn, Field Trip to refer its patients to Cerebral.This week in psychedelic business news: Cybin acquires a Phase 1 DMT trial from Entheon Numinus completed the acquisition of Novamind, MindMed’s stock is removed from an index and more!Ĭybin Acquires DMT Clinical Study from Entheon Biomedical purchased Ketamine Wellness Centers Arizona LLC (KWC) for $10 million in September 2021.Īdditionally, digital mental health company Cerebral inked a deal with Toronto-based psychedelic-assisted treatment provider Field Trip Health. This isn’t the only Canadian psychedelic wellness company looking to come south. “But there are some very large regulatory changes happening, kind of in conjunction with that as well, which is really encouraging.” “We’re in this unique environment at the moment, where that clinical trial research is being done and underway,” Nyquvest said. Other states are looking to decriminalize psychedelic treatment as well. Specifically, Oregon is moving to legalize psilocybin-assisted therapy. Nyquvest noted that in the U.S., regulations are changing on a state-by-state basis. Now, evolving regulations around psychedelic treatment makes the U.S. For example, Canada’s Special Access program “permits health care practitioners to request access to drugs that have shown promise in clinical trials or been approved in other countries, but that have not yet been authorized for sale in Canada.”Īdditionally, its 56(1) exemptions allow individuals with end-of-life anxiety or depression to get psilocybin on a case-by-case basis. While Canada does not have any approved therapeutic products containing psilocybin, the government does have exemption programs. Psilocybin is a hallucinogenic compound found in certain types of mushrooms. Yet, recently, Canada has led the way in psilocybin assisted treatment.
This trial is important because it could be used to support regulatory approval for the medication for the FDA. Since then, the Multidisciplinary Association for the Psychedelic Studies worked with the FDA on a Phase 3 MDMA-Assisted Therapy PTSD. has a strong history of psychedelic research.įor example, five years ago the FDA granted Breakthrough Therapy Designation to use MDMA to treat Post Traumatic Stress Disorder. Novamind has partnerships with five larger insurers for ketamine assisted psychotherapy. The Novamind acquisition also brings with it insurer agreements. market, which we plan on expanding upon.” “ has given us a very strong footing and step into the U.S.
Novamind news plus#
“We usually say it’s kind of like a ‘one plus one equals five’ in regards to what it’s done for the organization,” Nyquvest said.
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