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Cybin gets regulatory OK to begin dosing psychedelic-derived drug in humans

Feb. 01, 2023 8:53 AM ETCybin Inc. (CYBN) StockBy: Jonathan Block, SA News Editor1 Comment

Psychedlic image of magenta ice plant flowers

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  • A Dutch independent ethics committee has given Cybin (NYSE:CYBN) permission to begin dosing in a first-in-humans trial of CYB004, its deuterated DMT molecule for generalized anxiety disorder.
  • The company said this version on DMT overcomes limitations of the regular version through improved bioavailability and longer duration of action compared to when given intravenously and inhaled.
  • Cybin has a composition of matter patent for CYB004 in force until 2041.
  • Check out this recent episode of The Cannabis Investing Podcast that discusses how to evaluate psychedelic stocks.

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