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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 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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Cybin Inc. announces agreement with Fluence to support the streamlining and scaling of its EMBARK facilitator training program for a Phase 3 trial of CYB003 for major depressive disorder.
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Cybin Inc. CEO to participate in panel discussion at Cantor Global Healthcare Conference
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Cybin Inc. announces virtual 2023 Annual and Special Meeting of Shareholders on October 12, 2023 at 1:00 p.m. ET.
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Cybin completes enrollment in Phase 2 study of CYB003 for major depressive disorder, with positive safety profile and no serious adverse events. Plans to scale to Phase 3 study in early 2024. Anticipates potential Breakthrough Therapy designation in Q4 2023. Acquisition of Small Pharma Inc. expected to close in Q4 2023.
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Cybin Inc. has been granted a U.S. patent for deuterated tryptamine compounds, strengthening their position in the psychedelic drug development sector. The patent covers deuterated 5-methoxy-dimethyltryptamine analogs and provides exclusivity until 2041. This adds to their impressive intellectual property portfolio of 29 granted patents and over 150 pending patents. The company's recent acquisition of Small Pharma Inc. further enhances their position. Upcoming milestones include Phase 1 data in 2023 and Phase 2 efficacy studies in early 2024.
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FAQ

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

The current stock price of Cybin (CYBN) is $9.61 as of December 20, 2024.

What is the market cap of Cybin (CYBN)?

The market cap of Cybin (CYBN) is approximately 185.2M.

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

185.23M
18.64M
6.35%
36.61%
3.05%
Biotechnology
Healthcare
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United States of America
Toronto