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Atai Life Sciences' Q3 Earnings: Near $20M Burned QoQ, Says Funding 'Sufficient' To Streamline 2026
Tuesday, November 14, 2023 - 3:13pm | 700Clinical-stage psychedelics company atai Life Sciences (NASDAQ: ATAI) reported its financial results and corporate updates for the third quarter ended September 30, 2023. In numbers: Cash, cash equivalents and short-term investments totaled $209.0 million as of Sept. 30, compared...
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Psyched: Veterans & Psychedelics, $100M IPO, Cybin's $64M Offering, Worldwide Events & More
Sunday, November 12, 2023 - 9:39pm | 1374Veterans Day: Can Psychedelic Treatment Help Stem PTSD-Related Suicides Among Veterans? An average of 17 veterans committed suicide per day in 2020 according to the Dept of Veterans Affairs. The percentage of veterans from conflicts in the Middle East who have experienced PTSD is nearly triple the...
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Veterans Day: Can Psychedelic Treatment Help Stem PTSD-Related Suicides Among Veterans?
Saturday, November 11, 2023 - 11:05am | 799An average of 17 veterans committed suicide per day in 2020 according to the Dept of Veterans Affairs. The percentage of veterans from conflicts in the Middle East who have experienced PTSD is nearly triple the number of those from the Vietnam War. Suicide is the second leading cause of death among...
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Cybin Launches Five-Day Units Offering For Up To $64M, Suspends Prior LPC Funding Deal
Friday, November 10, 2023 - 3:58pm | 500Clinical-stage psychedelics biotech Cybin Inc. (NYSE: CYBN) has announced a new underwritten offering of 66.66 million units to one of its largest institutional shareholders as well as new institutional investors. Unit price set at $0.45, an approximate $30 million will be fully funded upon the...
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Worldwide Psychedelics Events: Miami, Croatia, D.C., France, UK, NY, Oregon, Arizona & SXSW
Thursday, November 9, 2023 - 5:41pm | 1596Activities are galloping along in the psychedelics community. From online seminars and discussions to major onsite conferences, scientific-oriented to general crowd-friendly, below’s a list of the different events you can join in the next couple of weeks: November Wonderland Miami,...
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Canada To Australia: New MDMA & Psilocybin Shipment On Its Way For Legal Therapeutic Market
Wednesday, November 8, 2023 - 12:34pm | 486The first of several of PharmAla Biotech’s (OTC: PMBHF) shipments of psychedelic molecules -both API and finished drug product capsules- to its Australian JV Cortexa for use under the Authorized Prescriber Scheme (APS) is all set. The Canadian MDXX class molecules company, together with...
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Psychedelics Reform In California, Wisconsin, Illinois, Massachusetts & Pennsylvania
Sunday, November 5, 2023 - 3:08pm | 1131Following our previous roundup, numerous states are moving the discussion around psychedelics reform whether through decriminalization, legalization or rescheduling proposals or ancillary measures to access to the new therapies. A quick recap by November 3: California: TREAT, a citizen-led...
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MindMed Q3 2023: Financials, Business Funded By 2026 If LSD Pipeline Milestones Achieved
Friday, November 3, 2023 - 2:12pm | 657Clinical-stage psychedelics biotech Mind Medicine (MindMed) (NASDAQ: MNMD) has shared its financial outcomes for the third quarter ended September 30, 2023. In numbers: Cash and cash equivalents of $117.7 million by Sept. 30, a 17.2% decrease from the $142.1 million held by Dec. 31, 2022 and a...
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Single Dose Of Cybin's Psilocybin Shows Compelling Patient Outcomes, Phase 2 Results Find
Wednesday, November 1, 2023 - 4:51pm | 750Psychedelics company Cybin Inc. (NYSE: CYBN) shared its Phase 2 study interim results for its psilocybin analog CYB003 on Major Depressive Disorder (MDD) paired with the company’s EMBARK psychotherapy. The new data met the trial’s primary efficacy endpoint: A rapid, robust...
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Ketamine Company Acquisition Alert: Beckley Waves Adds Nue Life To Its Portfolio
Thursday, October 26, 2023 - 5:27pm | 441Psychedelic venture studio Beckley Waves has acquired ketamine-assisted therapy provider Nue Life and will continue its work by offering safe and scalable access to treatment with an emphasis on underserved areas. Co-founded by Amanda Feilding and recently raising $3.3 million in a round led by...
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EXCLUSIVE: Becoming Compliant In Today's Legal Psychedelics Markets With Allay Consulting
Thursday, October 26, 2023 - 4:31pm | 731What can businesses and clients expect of the incoming psychedelic-assisted therapies (PAT) scenario? What are state regulations looking like from a for-profit perspective, and what does it take to provide safe, effective and regulations-compliant treatments? Around these and other concerns,...
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Cybin Officially Owns Small Pharma: Plans For New 'International Leader' In Psychedelic Therapeutics
Monday, October 23, 2023 - 1:39pm | 727Psychedelics companies Cybin Inc. (NYSE: CYBN) and Small Pharma Inc. (OTCQB: DMTTF) have completed their August acquisition agreement. Following their arrangement plan under the BC Business Corporations Act, and pursuant to the agreement’s terms, Small Pharma is now a wholly-owned subsidiary...
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Psyched: Jada Pinkett-Smith's Ayahuasca Journey, RIP Dr. Roland Griffiths, Congressional VA Hearings Halted
Sunday, October 22, 2023 - 3:18pm | 1401Jada Pinkett Smith Opens Up About Ayahuasca: It Helped Her Overcome Depression And Suicidal Thoughts Jada Pinkett Smith has joined the growing number of Hollywood celebs who are sharing difficult mental health issues and the fact that psychedelic substances are helping them deal with them. “...
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Psychedelics Decriminalization In California: Eureka City Council Latest To Pass Resolution
Sunday, October 22, 2023 - 1:47pm | 322Several days after California Gov. Gavin Newsom vetoed a bill that would have decriminalized several natural psychedelics in the state, Eureka’s City Council announced its adoption of a resolution effectively deprioritizing state law enforcement for adult personal use, cultivation...
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Orange Photonics: New High-Tech Testing For Psychedelic Products
Friday, October 20, 2023 - 3:32pm | 441Orange Photonics has launched LightLab 3 Psy Analyzer for the measurement of psilocybin, psilocin and 5-AcO-DMT in psychedelic mushrooms, extracts and infused products. Using High Performance Liquid Chromatography (HPLC), ”the same tech favored by nearly all testing labs,”...