fbpx
QQQ
+ 2.58
328.93
+ 0.78%
DIA
+ 2.29
343.25
+ 0.66%
SPY
+ 2.93
416.17
+ 0.7%
TLT
-0.69
140.61
-0.49%
GLD
+ 1.55
168.49
+ 0.91%

MindMed Inks Deal With Switzerland University For Rights On LSD Research

April 1, 2020 2:23 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
MindMed Inks Deal With Switzerland University For Rights On LSD Research

Neuro-pharmaceutical and psychedelics company Mind Medicine Inc. (NEO: MMED) (OTC:MMEDF) has acquired exclusive rights to data, compounds, and patents for research with LSD and other psychedelics from the Liechti laboratory in Switzerland’s University Hospital Basel.

Exploring High-Dose LSD Treatment for Anxiety

MindMed CEO JR Rahn told Benzinga that much emphasis has been placed on psilocybin in recent years as a psychedelic therapy model, but the potential safety and efficacy of LSD in hallucinogenic psychotherapy may provide an even greater promise for patients.

"Over the past decade we have amassed the largest collection of clinical trials around LSD," said Matthias Liechti, who heads the psychedelics research lab at University Hospital Basel. "We have been studying the pharmacology and potential medical uses of LSD and other psychedelics for many years in the laboratory, in patients, and in healthy volunteers."

MindMed has special interest in an Phase 2 trial on high-dose LSD treatment for anxiety currently being conducted by Liechti’s lab. The company will also work under the direction of Liechti to continue developing therapy with LSD micro-dose as potential treatment for adult ADHD.

MindMed hopes to leverage the impactful data and clinical trials Liecthi and his team have "diligently executed on in LSD for 10 plus years," the company said.

Through future commercial clinical drug trials, the goal is to turn LSD into an FDA approved medicine as a way to treat mental illnesses.

Leer en El Planteo: LSD para Tratar la Ansiedad: MindMed y Universidad Suiza Anuncian Colaboracion

Picture: University Hospital Basel via Wikimedia


Related Articles

Psyched: MindMed, Atai Head For Nasdaq, Psychedelics Search Platforms Grow, Champignon Brands Resumes Trading

Two of the most highly funded companies in the psychedelics space announced plans last week to list on the Nasdaq exchange. read more

Psychedelics Company Atai Life Sciences Files For Nasdaq Listing In Sector's Highly Anticipated IPO

Atai Life Sciences could soon become the second psychedelics company to list on a major U.S. exchange. The Berlin-based biotech firm filed Tuesday with the SEC to raise $100 million in an IPO using the ticker symbol "ATAI." read more

Could Psychedelic Medicines Have Helped Prevent DMX's Overdose?

It’s sad to say, but it seems like the only time we pay attention to the addiction problem in this country is when someone famous overdoses. Such is the case with DMX, who I would argue is one of the most unique and gifted rappers ever. read more

Psyched: MindMed's 2020 Financials, Psychedelics ETF Rebalancing, Country's First Psychedelics Masters Degree

MindMed Posts 2020 Financials, New MDMA Dosing Study and 18-MC Patent Application MindMed (OTCQB:MMEDF) released its full-year 2020 financial results.  read more