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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.

Rhea-AI Summary
Cybin Inc. announces Phase 2 interim results for CYB003, its deuterated psilocybin analog, showing a rapid and significant reduction in symptoms of depression three weeks after a single 12mg dose compared to placebo. The mean reduction in Montgomery-Asberg Depression Rating Scale (MADRS) score was -14 points, compared to an average improvement of 1.82 points for current standard of care antidepressants. The study also demonstrated a robust response and remission, with 53.3% of patients responding and 20% in remission. The drug showed a favorable safety and tolerability profile. Full topline data will be released in Q4 2023.
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Cybin receives European patent for deuterated psilocybin analog and deuterated DMT programs, strengthening intellectual property portfolio
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Cybin receives patent grants for deuterated DMT program, expanding its intellectual property portfolio
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Cybin completes acquisition of Small Pharma, creating the largest deuterated DMT program and intellectual property portfolio in the psychedelic drug development sector. Two advanced clinical programs for depression and anxiety disorders. Phase 2 safety and efficacy data expected in late 2023.
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Small Pharma and Cybin announce final court approval for acquisition
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Cybin announces voting results for annual and special meeting of shareholders
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Cybin to present abstract on structure-activity relationship study of novel serotonergic phenethylamines at Neuropsychiatric Drug Development Summit
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Cybin Inc. CEO to present at Jefferies Inaugural Biotech CNS/Neuro Summit on October 11-12, 2023 in New York City.
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Cybin Inc. completes dosing of final cohort in Phase 2 study of CYB003 for major depressive disorder. Topline efficacy data expected in Q4 2023. Preparations underway for potential Phase 3 study in early 2024. CYB003 shown to be safe and tolerable at all doses evaluated. Company focusing on data submission to FDA.
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Cybin to acquire Small Pharma Inc. in a previously announced all-share transaction expected to close in Q4 2023, creating an international clinical-stage leader in novel psychedelic therapeutics with the largest IP portfolio in the sector
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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
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United States of America
Toronto