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BRAXIA SCIENTIFIC CORP - BRAXF STOCK NEWS

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Braxia Scientific Corp. (BRAXF) is a medical research and telemedicine company specializing in ketamine and psilocybin treatments for depression and related disorders. The company operates clinics in multiple locations, offering innovative treatments and advancing research in mental health disorders. Braxia aims to reduce the burden of brain-based illnesses through its multidisciplinary approach, focusing on clinical treatments, virtual services, and drug development. With a commitment to growth and patient care, Braxia continues to explore strategic partnerships and alternative funding sources to support its objectives.

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Braxia Scientific Corp., a leader in innovative ketamine treatments for depression, will participate in the H.C. Wainwright Global Investment Conference from May 24-26, 2022, in Miami, Florida. CEO Dr. Roger McIntyre will present the Company’s progress on expanding access to novel treatments and the clinical research infrastructure for its growing pipeline of clinical trials. Notably, Braxia is conducting Canada’s first multi-dose psilocybin-assisted therapy trial, expected to yield preliminary results soon. One-on-one meetings with institutional investors will also be hosted by Dr. McIntyre.

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Braxia Scientific Corp. (CSE: BRAX, OTC: BRAXF) announced that its CEO, Dr. Roger McIntyre, will speak at the American Psychiatric Association Annual Meeting in New Orleans on May 21, 2022. Dr. McIntyre will participate in two discussions focusing on innovative treatments for treatment-resistant depression. The first session will review Ketamine and Esketamine, while the second will explore current practices and future pathways for managing treatment-resistant depression. Braxia Scientific is dedicated to developing ketamine treatments for mental health disorders.

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Braxia Scientific Corp. announced that CEO Dr. Roger McIntyre and Chief Medical Officer Dr. Josh Rosenblatt will present at the Ketamine and Related Compounds 2022 International Conference hosted by the University of Oxford in Oxford, England from April 4-6, 2022. The conference focuses on ketamine research and treatment for depression and related disorders.

Dr. McIntyre's sessions include discussions on ketamine treatment for treatment-resistant depression and a debate on its prescription for depression, while Dr. Rosenblatt will present real-world data on depression treatment outcomes.

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Braxia Scientific Corp. has initiated a landmark psilocybin clinical trial in Canada, providing immediate access to treatments for Treatment Resistant Depression (TRD). The trial, the first of its kind approved by Health Canada, has begun administering doses to over a dozen patients. Braxia has also administered approximately 5,500 ketamine treatments, reporting a year-over-year revenue increase of 13.3% in Q3 2022. However, the company's net loss rose to $2.52 million, indicating financial challenges ahead.

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Braxia Scientific Corp. provides an update on its leadership role in the psychedelics industry as of January 31, 2022. The company has administered over 5,200 ketamine treatments and published 43 ketamine-related manuscripts. Its Canadian Rapid Treatment Centre of Excellence is evaluating psilocybin-assisted therapy. Dr. Roger McIntyre emphasizes the company's competitive advantage through its research team and proprietary health database. Braxia aims to expand its drug development efforts and establish treatment protocols, aligning with evolving best practices in mental health interventions.

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Braxia Scientific Corp. has launched Canada’s first Health Canada-approved multi-dose psilocybin clinical trial for treatment-resistant depression (TRD), marking a significant advancement in mental health treatments. The trial began in November 2021 at Braxia's CRTCE clinic, with over 150 referrals received in the first six weeks. This initiative not only provides a new treatment framework but also positions Braxia as a leader in psychedelic research. The trial aims to address the unmet needs of the two-thirds of patients who inadequately respond to conventional therapies.

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Braxia Scientific Corp. announced that CEO Dr. Roger McIntyre will join the advisory board of KetaMD, a telemedicine platform offering at-home ketamine treatments for mental health disorders. Dr. McIntyre, a leading expert with nearly 750 research publications, aims to enhance KetaMD's approach to accessible ketamine therapy as mental health issues rise, especially during the pandemic, where 41% of U.S. adults reported anxiety or depression. The collaboration seeks to effectively mainstream ketamine therapy, potentially benefiting countless individuals.

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Braxia Scientific Corp. (CSE: BRAX, OTC: BRAXF) has announced its CEO, Dr. Roger McIntyre, will deliver a keynote speech at the Wonderland: Miami conference on November 8, 2021. He will address the challenges faced by patients with medication-resistant mental health issues and the importance of innovative therapies like ketamine. Braxia will also participate in a panel discussion on November 9, 2021, focusing on the mainstream acceptance of ketamine for treating various mental health disorders. The company's focus remains on providing innovative ketamine treatments and conducting related research.

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Braxia Scientific Corp. has successfully completed a training program for psilocybin-assisted clinical therapy involving 20 therapists from diverse backgrounds. This initiative, led by the Braxia Institute, aims to prepare professionals for administering psilocybin therapy as part of a Health Canada-approved clinical trial targeting depression. The program emphasized the therapeutic use of psilocybin, alongside psychotherapy, to enhance patient treatment outcomes. With regulatory approval pending, Braxia anticipates expanding its psychedelic treatment options.

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Braxia Scientific Corp. announced the voting results from its Annual General Meeting held on October 28, 2021, where 11.77% of shares were represented. Four nominees were elected as Directors, with Roger McIntyre receiving 96.13% approval, Jerry Habuda 84.91%, Olga Cwiek 86.75%, and David Greenberg 86.89%. Additionally, shareholders approved the appointment of DMCL as auditors for the following year. Braxia focuses on innovative ketamine treatments for depression and aims to reduce the burden of mental disorders through its clinics and research.

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FAQ

What is the current stock price of BRAXIA SCIENTIFIC (BRAXF)?

The current stock price of BRAXIA SCIENTIFIC (BRAXF) is $0.0021 as of January 10, 2025.

What is the market cap of BRAXIA SCIENTIFIC (BRAXF)?

The market cap of BRAXIA SCIENTIFIC (BRAXF) is approximately 969.5K.

What treatments does Braxia Scientific provide?

Braxia Scientific specializes in ketamine and psilocybin treatments for depression and related disorders.

Where are Braxia Scientific's clinics located?

Braxia operates clinics in various cities including Mississauga, Toronto, Kitchener-Waterloo, Ottawa, and Montreal.

What is Braxia's primary focus?

Braxia is primarily focused on owning and operating multidisciplinary clinics, providing both in-person and virtual treatments for mental health disorders.

How does Braxia aim to reduce the burden of brain-based disorders?

Through its medical solutions, Braxia aims to reduce the illness burden of brain-based disorders, such as major depressive disorder.

What are Braxia's growth objectives?

Braxia aims to expand its network of clinics, pursue research activities, and develop novel drugs and delivery methods from its IP development platform.

What recent financial updates has Braxia announced?

Braxia recently announced the filing of its financial statements and management discussion and analysis for specific periods, highlighting revenue growth and strategic initiatives.

How is Braxia addressing challenges in accessing capital?

Braxia is exploring strategic alternatives, seeking partnerships, and looking for alternative sources of capital to overcome economic challenges and funding deficits.

What are the key priorities for Braxia's executive team?

The executive team is focusing on reducing expenses, improving efficiencies, expanding clinical space, and adding new treatments and support services to increase revenues.

What is Braxia's response to the current economic environment?

Braxia is evaluating various courses of action to address funding shortfalls, including cost reductions, restructuring, and potential clinic location adjustments.

Where can I find more information about Braxia Scientific?

For further details and updates, visit Braxia Scientific's official website or contact the company directly via email or phone.
BRAXIA SCIENTIFIC CORP

OTC:BRAXF

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BRAXF Stock Data

969.52k
153.94M
8.68%
0.02%
Biotechnology
Healthcare
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United States of America
Toronto