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Cybin Inc. (NEO: CYBN, NYSE American: CYBN) highlights its leadership in developing psychedelic-based therapeutics aimed at addressing mental health issues. The company utilizes a scientific approach to enhance patient experience while minimizing side effects. Mental health disorders affect over 900 million globally, costing $2.5 trillion annually. Cybin focuses on proprietary drug discovery and innovative delivery systems to progress psychedelics into effective treatments for conditions like anxiety and depression.
Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) has been featured in an editorial by NetworkNewsWire, titled "Psychedelic Therapies Offer Hope for Mental Health." The editorial emphasizes the urgent need for effective treatments for mental health disorders, affecting nearly 1 in 8 people globally. Cybin is actively researching and forming partnerships to develop psychedelic-based therapies aimed at addressing a range of mental health issues. Founded in 2019, the company is dedicated to advancing innovative drug delivery systems and therapeutic regimens.
Cybin Inc. (OTCQB:CLXPF) announced that its common shares will commence trading on the NYSE American under the symbol 'CYBN' starting August 5, 2021. The shares will continue to trade on the NEO Exchange in Canada and on the Frankfurt Stock Exchange under different symbols. Shareholders with OTC holdings should monitor their accounts for updates, as OTC trading for Cybin shares is expected to cease. Cybin focuses on psychedelic therapeutics and uses proprietary drug discovery platforms and innovative delivery systems for psychiatric disorders.
Cybin, a biotechnology firm focused on psychedelic therapeutics, has received approval to list its common shares on the NYSE American under the symbol CYBN, expected to commence trading around August 5, 2021. This positions Cybin as the first psychedelic biotech company on this prestigious exchange. Additionally, shares will continue trading in Canada on the NEO Exchange. Shareholders holding OTC shares under the symbol CLXPF should monitor their accounts for updates as OTC trading is set to cease. Cybin emphasizes its commitment to expanding its investor base.
Cybin (OTCQB: CLXPF) has announced a public offering of common shares, aiming for aggregate gross proceeds to be determined within market context. Co-led by Cantor Fitzgerald and Canaccord Genuity, with a potential 30-day option for underwriters to purchase an additional 15% of the shares, the offering is expected to close around August 3, 2021, pending market conditions and necessary approvals. Net proceeds will be allocated for general corporate and working capital purposes, with shares available in Canadian provinces, excluding Quebec.
Cybin (OTCQB:CLXPF) announced conditional listing approval from the NYSE American, marking a significant milestone in its growth strategy. This move aims to enhance investor access and advance its mission to develop psychedelic therapeutics for mental health conditions. CEO Doug Drysdale highlighted the approval's potential to fuel the company's goals. However, the listing is contingent on regulatory approvals, and there is no guarantee of final approval. Cybin plans to maintain its current listing on the NEO Exchange and has reserved the ticker CYBN on NYSE American.
Cybin (OTCQB:CLXPF) has filed its 13th provisional patent application to enhance its digital therapeutics strategy aimed at improving patient treatment outcomes. The company is advancing its proprietary digital platform, focusing on secure data analytics to evaluate patient outcomes pre- and post- psychedelic treatments. In partnership with Kernel and Greenbrook TMS, Cybin is building an innovative ecosystem for drug delivery, quantitative testing, and potential patient treatments. The company aims to utilize cutting-edge technologies to support drug development.
Cybin (OTCQB: CLXPF), a biotechnology company specializing in psychedelic therapeutics, announced that CEO Doug Drysdale will join a panel at the Cowen Psychedelics & Novel Mechanisms in Neuropsychiatry Virtual Summit. The discussion titled 'Emerging Psychedelic Therapies In The Field Of Neuropsychiatry' is set for July 13, 2021, at 4:15 PM ET. Cybin focuses on innovative drug discovery and delivery systems aimed at treating psychiatric disorders, emphasizing the need for rigorous scientific research and clinical trials.
Cybin Inc. (OTCQB:CLXPF), a biotechnology company, is scaling up its European operations and research by transferring intellectual property to a wholly-owned subsidiary in Ireland. The company has expanded its IP portfolio to 12 patent filings and filed an international patent application covering 153 countries. Cybin's discovery pipeline now includes over 50 psychedelic molecules, and it has four active drug programs focusing on Major Depressive Disorder, Alcohol Use Disorder, and Anxiety Disorders. Additionally, 51 pre-clinical studies have been completed to support future clinical trials.
Cybin Inc. (OTCQB:CLXPF) announced that its subsidiary, Adelia Therapeutics Inc., has achieved important earn-out milestones related to its psychedelic pharmaceutical therapies. The pre-clinical results indicate that proprietary deuteration modifications have not impacted safety or pharmacodynamic properties. This positions Cybin's pipeline as a differentiator in the psychedelic space, enhancing potential treatments for major depressive disorder, alcohol use disorder, and anxiety disorders. The successful completion of these milestones signifies progress in Cybin's development of novel compounds with promising therapeutic potential.
