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.
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.
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.
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.
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.
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.
Cybin Inc. (AMEX:CYBN) has initiated a feasibility study utilizing Kernel's Flow technology to objectively measure the effects of ketamine on brain activity during psychedelic experiences. This study is poised to gather quantitative data, a significant advancement compared to previous subjective reporting methods. Authorized by the FDA in October 2021, the study will involve participants receiving either low-dose ketamine or a placebo. Cybin retains exclusive rights to innovations resulting from the study, reinforcing its commitment to advancing psychedelic therapies.
Cybin Inc. has completed in vivo preclinical studies of its deuterated psilocybin analog CYB003 for treating major depressive disorder (MDD). The studies indicate CYB003 is well-tolerated and shows promising pharmacological properties, including a 50% reduction in dosage variability and faster onset compared to classic psilocybin. The Company plans to submit an IND to the FDA in Q2 2022 and initiate Phase 1/2a trials by mid-2022, aiming to advance CYB003 as a potential treatment for MDD and alcohol use disorder.
Cybin Inc. announced milestones achieved by its subsidiary, Adelia Therapeutics, in accordance with a Transaction Agreement dated December 4, 2020. As a result, 90,546 Class B common shares will be issued to Adelia shareholders, fulfilling an obligation of approximately
Cybin Inc. (AMEX:CYBN) has announced the recruitment for a feasibility study evaluating the effects of ketamine on participants using Kernel Flow's neuroimaging technology. Participants will experience either a low dose of ketamine or a placebo, while their brain activity is monitored. This groundbreaking research aims to quantify psychedelic experiences, potentially paving the way for larger studies that bridge psychedelics and therapeutics. CEO Doug Drysdale emphasized the study's significance in enhancing understanding of psychedelic effects on mental health.
Cybin, a biopharmaceutical company focused on mental health therapeutics, announced that CEO Doug Drysdale will present at the 2022 Virtual Growth Conference from March 28 to 30, 2022. The presentation will be available on demand starting March 28 at 9:00 a.m. ET. Interested attendees can register to access the conference and listen to the presentation via the company's website. Founded in 2019 and headquartered in Canada, Cybin is dedicated to advancing psychedelics for therapeutic use through innovative drug discovery and delivery systems.
FAQ
What is the current stock price of Cybin (CYBN)?
What is the market cap of Cybin (CYBN)?
What is Cybin Inc.?
What does Cybin Inc. specialize in?
What are the core areas of Cybin's research?
What recent achievements has Cybin Inc. made?
Can you name some of Cybin's product candidates?
How does Cybin contribute to mental health treatment?
Has Cybin formed any strategic partnerships?
What is the significance of Cybin's drug delivery technologies?
What conditions are Cybin's therapies aimed at treating?
Where can I find the latest news about Cybin Inc.?
