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Cybin Inc. - CYBN STOCK NEWS

Welcome to our dedicated page for Cybin news (Ticker: CYBN), a resource for investors and traders seeking the latest updates and insights on Cybin stock.

Cybin Inc. (symbol: CYBN) is a pioneering biopharmaceutical company dedicated to addressing mental health challenges through innovative therapeutics. Specializing in psychedelic-based therapies, Cybin focuses on developing novel compounds, delivery mechanisms, and protocols aimed at treating a range of psychiatric and neurological conditions.

Cybin's core business revolves around advancing clinical-stage programs designed to harness the potential of psychedelics. The company is engaged in creating safe and effective treatments for conditions such as depression, anxiety, and post-traumatic stress disorder (PTSD). Their research and development efforts highlight the transformative potential of these therapies in modern medicine.

Recently, Cybin has achieved significant milestones, including progress in their proprietary drug delivery technologies. These advancements aim to improve the administration and efficacy of psychedelic compounds, ensuring patients receive the maximum therapeutic benefit. Their innovative approach extends to developing new chemical entities (NCEs) that hold promise in the field of mental health treatment.

Financially, Cybin remains robust and committed to its growth strategy. The company has secured strategic partnerships and collaborations that bolster its research initiatives and clinical trials. These alliances are crucial in accelerating the development and commercialization of their therapeutic solutions.

Cybin's product pipeline is impressive, featuring multiple candidates in various stages of development. These include CYB001, a formulation targeting major depressive disorder, and CYB003, designed for anxiety disorders. Each product undergoes rigorous testing to ensure safety and effectiveness.

In summary, Cybin Inc. is at the forefront of revolutionizing mental health treatment through psychedelic-based therapies. Their dedication to advancing science and addressing unmet medical needs positions them as a significant player in the biopharmaceutical industry.

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Cybin Inc. will participate in the morning trading bell ceremony at the New York Stock Exchange on May 18, 2022. As the first psychedelics company listed on the NYSE since August 5, 2021, Cybin is committed to transforming mental health treatments through innovative psychedelic therapies. Following the ceremony, in-person meetings with institutional investors will occur on May 18 and 19 in New York City. For inquiries, contact Cybin Investor Relations.

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Cybin Inc. (NYSE American: CYBN) has announced that CEO Doug Drysdale will participate in a fireside chat during the H.C. Wainwright Global Investment Hybrid Conference from May 23-26, 2022, at Fontainebleau Miami Beach. The live webcast of the chat is scheduled for May 25, 2022, at 12:30 p.m. ET. Interested listeners can access the event through the company's investor relations website.

Cybin focuses on developing psychedelics into therapeutics, working with a network of partners to create effective treatments for mental health challenges.

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Cybin Inc. and Kernel announce positive pilot results from a feasibility study utilizing Kernel's Flow technology to assess neuro-effects of ketamine. Conducted over 11 days, the study confirmed changes in functional connectivity consistent with existing research. Results will be presented at the PSYCH Symposium in London on May 11, 2022. This study, which received FDA Investigational New Drug authorization, paves the way for advancements in psychedelic therapeutics, highlighting the potential of real-time brain activity measurement.

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Cybin announced that its deuterated psilocybin analog, CYB003, will be presented at the 'From Research to Reality' Global Summit on Psychedelic-Assisted Therapies, scheduled for May 27-29, 2022, in Toronto. The abstract, titled Pharmacological and Pharmacokinetic Profile of CYB003, indicates that CYB003 may offer therapeutic benefits over traditional psilocybin, including improved dosing accuracy and tolerability. Cybin aims to advance treatment options for mental health disorders through its innovative drug development strategies.

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Cybin, a biopharmaceutical company, will have CEO Doug Drysdale presenting at the KCSA Psychedelics Virtual Investor Conference on April 28, 2022, at 11:00 a.m. ET. This live online event allows investors to interact and ask questions directly. Cybin focuses on developing therapeutics using psychedelics to address mental health issues through innovative drug discovery platforms and treatment regimens. Investors can register for the event via the provided link and access the archived webcast later.

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Cybin Inc. has partnered with Clinilabs Drug Development Corporation to conduct a Phase 1/2a clinical trial for CYB003, a proprietary deuterated psilocybin analog, aimed at treating major depressive disorder (MDD). This marks the first evaluation of a psilocybin analog in clinical trials for MDD. The partnership is expected to expedite the regulatory pathway for CYB003, which has shown advantages in preclinical studies, including better tolerability and faster action compared to classic psilocybin. An IND filing with the FDA is anticipated in Q2 2022.

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Cybin Inc. announced promising preclinical results for its proprietary drug CYB004, delivered via inhalation. The study indicates that inhaled CYB004 has a rapid onset, longer action duration, and over 40% improved bioavailability compared to inhaled DMT. These findings may position inhalation as a viable method for delivering therapeutic psychedelics. Cybin aims to address the limitations associated with IV administration of DMT in treating anxiety disorders. The company plans to file for a pilot study by Q2 2022 and commence it in Q3 2022.

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Cybin Inc. (AMEX:CYBN) has announced the publication of an international patent application by the World Intellectual Property Organization (WIPO) covering inhalation delivery methods for various psychedelic molecules. This PCT application strengthens Cybin’s intellectual property position, particularly for its CYB004 pipeline program utilizing deuterated DMT via inhalation. The patent allows the company to pursue applications for multiple inhaled forms of psychedelics, aligning with its strategy of creating improved treatment options for mental health disorders.

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Cybin announces participation in the Benzinga Psychedelics Capital Conference on April 19, 2022. CEO Doug Drysdale will engage in a fireside chat at 1:10 p.m. ET and a panel discussion at 3:10 p.m. ET focused on catalysts in the psychedelics industry. The event will be streamed live, and recordings will be available on the company’s investor relations website. Founded in 2019, Cybin is a biopharmaceutical firm dedicated to creating effective therapeutics for mental health issues, operating in multiple countries including Canada and the U.S.

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Cybin Inc. has announced that its subsidiary, Adelia Therapeutics, has met a milestone outlined in a previous transaction agreement. This achievement will lead to the issuance of 22,428.3 Class B common shares, representing approximately $228,769 to Adelia shareholders. The shares can be exchanged for Cybin's common shares at a specific ratio. CEO Doug Drysdale expressed satisfaction with the progress, indicating it supports clinical development for psychedelic-based therapies. The company aims to advance innovative drug delivery systems for mental health disorders.

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FAQ

What is the current stock price of Cybin (CYBN)?

The current stock price of Cybin (CYBN) is $10.15 as of November 5, 2024.

What is the market cap of Cybin (CYBN)?

The market cap of Cybin (CYBN) is approximately 202.3M.

What is Cybin Inc.?

Cybin Inc. is a biopharmaceutical company focused on developing psychedelic-based therapies for treating mental health conditions.

What does Cybin Inc. specialize in?

Cybin specializes in creating safe and effective treatments using psychedelic compounds to address psychiatric and neurological conditions.

What are the core areas of Cybin's research?

Cybin's research focuses on advancing psychedelic-based therapies, developing novel compounds, and improving drug delivery mechanisms.

What recent achievements has Cybin Inc. made?

Cybin has made significant progress in drug delivery technologies and the development of new chemical entities for mental health treatment.

Can you name some of Cybin's product candidates?

Cybin's pipeline includes CYB001 for major depressive disorder and CYB003 for anxiety disorders, among other candidates.

How does Cybin contribute to mental health treatment?

Cybin contributes by developing innovative psychedelic-based therapies aimed at providing effective treatments for various mental health conditions.

Has Cybin formed any strategic partnerships?

Yes, Cybin has established strategic partnerships and collaborations to support its research and clinical trials.

What is the significance of Cybin's drug delivery technologies?

Cybin's drug delivery technologies enhance the administration and therapeutic efficacy of psychedelic compounds.

What conditions are Cybin's therapies aimed at treating?

Cybin's therapies target psychiatric and neurological conditions such as depression, anxiety, and PTSD.

Where can I find the latest news about Cybin Inc.?

The latest news and updates about Cybin Inc. can be found on their official website and financial news platforms like StockTitan.

Cybin Inc.

NYSE:CYBN

CYBN Rankings

CYBN Stock Data

202.33M
19.99M
6.35%
38.41%
3.28%
Biotechnology
Healthcare
Link
United States of America
Toronto