Cybin Inc. Q3 Earnings: Clinical Advances Amid Financial Loss

Benzinga ·  Feb 16 14:07

The TDR Three Key Takeaways:

  1. Positive Clinical Progress: Cybin Inc. has reported significant advancements in its clinical programs, notably achieving a primary efficacy endpoint in its Phase 2 study of CYB003 for treating Major Depressive Disorder (MDD), and demonstrating favorable safety and pharmacokinetic profiles in its dDMT program with CYB004 and SPL028.
  2. Strategic FDA Clearances and IP Expansion: The company has received FDA clearance for its investigational new drug (IND) application for CYB004, allowing it to proceed with a Phase 2a study in Generalized Anxiety Disorder (GAD). Additionally, Cybin has significantly expanded its Intellectual Property (IP) portfolio, emphasizing its commitment to securing its innovations.
  3. Financial Outlook...
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