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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. has completed its 74th pre-clinical study to advance its psychedelic compounds, CYB003 and CYB004, toward clinical development. Over 50 novel compounds have been evaluated, showcasing advantages like faster onset, shorter duration, and excellent bioavailability. Safety studies adhering to FDA standards have commenced, with human studies expected in early 2022. The company aims to establish a strong portfolio of psychedelic molecules for potential therapeutic applications in mental health.

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Cybin Inc. (AMEX:CYBN) has filed an international patent application under the Patent Cooperation Treaty (PCT) for innovative methods of delivering psychedelic medications through inhalation. The application aims to secure patent coverage across 153 countries, enhancing the Company's intellectual property portfolio. This approach may optimize session timing, reduce drug dosages while maintaining efficacy, and provide better control during sessions. The filing is part of Cybin's ongoing development program for its proprietary psychedelic molecule, CYB004.

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Cybin Inc. announces milestones achieved by its subsidiary, Adelia Therapeutics Inc., under a December 2020 contribution agreement. Adelia has met certain Year 2 Q1 milestones, leading to the issuance of $706,586.69 in Class B shares to Adelia shareholders. These shares can be exchanged for Cybin common shares at a 10 to 1 ratio starting December 2021, with phased exchange limits until December 2023. The firm focuses on advancing psychedelic therapies, aiming to enhance dosing efficacy and address unmet medical needs.

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Cybin Inc. announced key management changes and engagement with ROK Consulting to enhance market communications. Dr. Amir Inamdar joined as Chief Medical Officer for European Operations, and Dr. Geoff Varty became Head of Research & Development. Lori Challenger was promoted to Chief Compliance, Ethics & Administrative Officer, while Robert Mino was named General Counsel. The engagement with ROK includes a three-month contract at $500,000 per month, plus options for shares at CDN$2.78. This aims to improve the company's engagement with financial markets.

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Cybin, a biotechnology company focused on psychedelic therapeutics, announced that CEO Doug Drysdale will present at two investor conferences on September 30, 2021. The conferences are the Cantor Virtual Global Healthcare Conference at 2:00 PM ET and the Benzinga Healthcare Small Cap Conference at 12:15 PM ET, followed by a panel discussion on mental health therapies. Both events will be available via live webcast. Cybin is dedicated to advancing psychedelic drug development for psychiatric disorders, employing innovative drug discovery and delivery techniques.

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Cybin, a biotechnology company focused on psychedelic therapeutics, announced that CEO Doug Drysdale will present at the H.C. Wainwright 23rd Annual Global Investment Conference on September 13, 2021. The presentation will be available on-demand starting at 7:00 AM ET and can be accessed for 90 days via the provided link. As a leader in psychedelic therapeutics, Cybin employs innovative drug discovery platforms and treatment regimens aimed at psychiatric disorders. However, all forward-looking statements are subject to risks and uncertainties.

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Cybin Inc. (NYSE AMERICAN:CYBN) announced that its subsidiary, Adelia Therapeutics, has met certain milestones for Year 1 Q3 as per a December 4, 2020 agreement. In recognition, 9,392.6 Class B shares will be issued to Adelia shareholders, valued at approximately $317,471.09. These shares can be exchanged for Cybin common shares at a ratio of 10 to 1, subject to specific timing restrictions. Cybin focuses on psychedelic therapies for psychiatric disorders, leveraging innovative drug discovery and delivery methods.

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Cybin (NEO:CYBN, AMERICAN:CYBN), a biotechnology company, has filed two international patent applications under the Patent Cooperation Treaty (PCT), potentially covering 153 countries. These applications pertain to a library of phenethylamine compounds and novel psychedelic compounds identified through research. The patents aim to strengthen the CYB005 program addressing therapy-resistant psychiatric disorders. Cybin’s drug development focuses on novel drug discovery, efficient delivery systems, and treatment regimens targeting mental health needs, including major depressive disorder and alcohol use disorder.

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Cybin Inc. (NEO:CYBN) announced the filing of a new non-provisional patent application following a favorable international search report for its May 2021 PCT application. The International Patent Searching authority has validated claims within the filing, which supports the company’s pre-clinical and research programs. Cybin's portfolio now includes 14 patent filings, over 50 proprietary molecules, and 4 active drug programs targeting mental health disorders. CEO Doug Drysdale emphasized the ongoing development of the company's IP portfolio to enhance new discoveries in psychedelic therapeutics.

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Cybin has announced the election of Theresa Firestone to its board of directors during a shareholder meeting on August 16, 2021. A total of 45,681,073 common shares were represented, accounting for 30.77% of total shares. Key voting results include the appointment of Zeifmans LLP as auditor with 99.76% approval, setting the board size at six directors with 99.87% approval, and amendments to the equity incentive plan with 95.43% support. Additionally, a shareholder rights plan was approved to protect shareholders during potential takeover bids.

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FAQ

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

The current stock price of Cybin (CYBN) is $10.115 as of November 4, 2024.

What is the market cap of Cybin (CYBN)?

The market cap of Cybin (CYBN) is approximately 201.9M.

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

201.93M
19.99M
6.35%
38.41%
3.28%
Biotechnology
Healthcare
Link
United States of America
Toronto