EXCLUSIVE: Next-Generation Psychedelics, MEAI - The Road Ahead

(Part four of a four-part series)

See previous parts of the series:

Next-Generation Psychedelics: The Case Of MEAI And Its Potential To Treat Addiction

Next-Generation Psychedelics, MEAI - How And Why, An Israeli Scientist Explains

Next-Generation Psychedelics, MEAI - What And When

Clearmind Medicine CMND’s CEO Dr. Adi Zuloff-Shani has said that she believes MEAI can potentially be consumed on a regular basis over time. 

“I can’t say now if it’ll be for several months, for a year or for a lifetime, but certainly for a few months,” Zuloff-Shani told Benzinga. 

This is unusual in psychedelics treatment and could constitute a positive market prediction combined with the company’s expansive IP protection.

In the specific case of MEAI as an alcohol substitute, Clearmind seems to be the company with the most advanced product.

Clearmind’s regulatory advisor Nick Kadysh told Benzinga that the burden of alcoholism in the public health system is “remarkably damaging,” whether the burden relies on people or on the government.

As such, this constitutes an “incredible market opportunity,” he said, for both the treatment of Alcohol Use Disorder (AUD) and for the development of a safer alcohol substitute, which “has been a dream of harm reduction for a very long time.”

The company views the fact that MEAI has not been shown to provoke hallucinogenic effects, as observed in animals and concluded on human testimonials, could potentially ease its approval process. 

What this property also entails is that it is not the type of assisted therapy that os often necessary with psilocybin or MDMA, in which a therapist or facilitator accompanies the patient throughout the treatment given that the psychedelic’s potent effect requires a psychotherapeutic framework. 

In terms of regulatory applications, one of the several paths a company can take to make their psychedelic drug product advance faster and potentially reach the commercialization stage is the “Breakthrough Therapy” designation. 

Asked whether Clearmind will consider utilizing it for the treatment of AUD, Zuloff-Shani CEO told Benzinga that she definitely hopes so.

“But in order to get through this process, you have to have some initial results, something that you can say that you have a breakthrough therapy, and therefore you can get those acceleration programs. I do hope that after this Phase 1 –we actually hope to do a Phase 1/2 together-, from the results we will obtain in the study we will be able to go to one of those accelerated programs,” she said.

As the sole developer of MEAI therapy, it is the task of Clearmind to demonstrate that these initial results are safe and effective.

Photo: Benzinga edit with photo by Raimundo79 and Sergey Nivens on Shutterstock.

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisNewsPenny StocksPsychedelicsExclusivesMarketsInterviewalcohol addictionDr. Adi Zuloff-ShaniNext-Generation Psychedelicspsychedelic compound MEAIPsychedelic-Assisted Therapies
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!