Clearmind Medicine Inc. Common Shares - CMND STOCK NEWS

Clearmind Medicine Inc. (NASDAQ: CMND) has announced the formation of a Data and Safety Monitoring Board (DSMB) to oversee its first human clinical trial for treating Alcohol Use Disorder (AUD). This independent committee is composed of experts in internal medicine, psychiatry, and biostatistics, and is tasked with ensuring participant safety as well as data integrity throughout the trial. Dr. Adi Zuloff-Shani, CEO, emphasized the company's commitment to patient safety at all product development stages. Clearmind focuses on developing psychedelic-derived therapeutics for under-treated health conditions, supported by a portfolio of fourteen patent families aimed at advancing psychedelic compounds into regulated medical products.

Clearmind Medicine Inc. (NASDAQ: CMND) has filed a patent application with the USPTO for a novel combination of its psychedelic compound MEAI and SciSparc's Cannamide™ for treating depression. This development highlights Clearmind's commitment to expanding its intellectual property portfolio, which currently comprises 24 patents across 14 families, with 9 granted in major jurisdictions. The new patent aims to enhance treatment efficacy and safety for mental health disorders. Additionally, it aligns with the company's goal to create innovative solutions for under-treated health issues, including alcohol use disorder and obesity. This latest application demonstrates Clearmind's focus on developing regulated therapeutic options that could address significant patient needs.

Clearmind Medicine (NASDAQ: CMND) has announced significant progress towards its first-in-human clinical trial for the CMND-100 drug, aimed at treating Alcohol Use Disorder (AUD). The company has engaged a contract research organization (CRO) to support regulatory affairs, site selection, recruitment, and clinical monitoring. CMND-100 is based on Clearmind's proprietary MEAI molecule. CEO Dr. Adi Zuloff-Shani emphasized the company's commitment to advancing the trial, which targets a widely prevalent issue affecting many individuals. Clearmind's intellectual property portfolio includes fourteen patent families, and the company aims to expand it further. For more information, visit Clearmind's official website.

Clearmind Medicine Inc. (NASDAQ:CMND) has successfully completed a $3.5 million public offering, facilitated by Aegis Capital Corp. as the exclusive placement agent. The funds will support the company's mission to develop psychedelic-derived therapeutics targeting health issues like alcohol use disorder. Clearmind’s innovative approach is reinforced by a robust intellectual property portfolio, comprising 13 patent families, with plans for further acquisitions. The company aims to commercialize its psychedelic compounds as regulated medicines, foods, or supplements. This offering reflects Clearmind's commitment to advancing psychedelic medicine and building its research capabilities.

Clearmind Medicine Inc. (NASDAQ: CMND) has successfully closed a public offering, raising approximately US$3.5 million in gross proceeds. The offering included 4,505,718 common shares along with pre-funded warrants and common warrants, each priced at US$0.78, with warrants exercisable over five years. The funds will be utilized for general corporate purposes, including operating expenses, R&D, and potential acquisitions. This offering, made exclusively in the U.S., was facilitated by Aegis Capital Corp., acting as the placement agent. Clearmind focuses on developing psychedelic-derived therapeutics for under-treated health issues, particularly alcohol use disorder, and holds 13 patent families with intentions for further acquisitions of intellectual property.

Clearmind Medicine Inc. (NASDAQ: CMND) announced a public offering in the U.S., aiming to raise approximately US$3.5 million. This offering involves the sale of 4,505,718 common shares and common warrants, each warrant exercisable at US$0.78. The offering is expected to close on April 6, 2023, pending customary conditions. Proceeds will support general corporate purposes, including operational expenses and research and development for their psychedelic-derived therapeutics. Aegis Capital Corp. serves as the exclusive placement agent for this transaction. This offering does not include Canadian residents.