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Enveric Biosciences, Inc. - ENVB STOCK NEWS

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

Enveric Biosciences, Inc. (ENVB) is a pioneering biotechnology company committed to the development of innovative neuroplastogenic small-molecule therapeutics aimed at treating mental health conditions such as depression, anxiety, and addiction disorders. Headquartered in the United States, Enveric is at the forefront of mental health research, with a focus on non-hallucinogenic solutions.

The company's flagship program, EB-003, represents a novel approach to tackling challenging mental health disorders. Unlike traditional treatments, EB-003 promotes neuroplasticity without causing hallucinations, providing a safer and potentially more effective option for patients.

Another key project in Enveric's pipeline is EB-002, previously known as EB-373. This next-generation synthetic prodrug of psilocin is being developed to offer new hope in the treatment of psychiatric disorders. With an emphasis on rigorous scientific research and clinical trials, Enveric strives to deliver breakthrough therapies that can significantly improve patients' quality of life.

Enveric's strategic vision includes forming partnerships and collaborations to enhance its research capabilities and accelerate the development of its therapeutic programs. Highlighting its commitment to innovation, the company is also investing in cutting-edge technologies such as artificial intelligence (AI) to further its research and development efforts.

Financially, Enveric Biosciences has been transparent about its funding efforts, ensuring that it maintains a robust financial foundation to support its research initiatives. With a strong commitment to ethical practices and patient-centric solutions, Enveric is emerging as a key player in the biotech sector, focused on addressing some of the most pressing mental health challenges of our time.

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Enveric Biosciences (NASDAQ: ENVB) announced the appointment of Lynn Gallant as Vice President, Clinical Operations, effective February 22, 2023. Gallant brings over 25 years of experience in clinical operations and trial management, previously holding leadership roles at BlueRock Therapeutics and Bioverativ. She will oversee the clinical development of Enveric’s EVM201 and EVM301 product platforms. The company plans to initiate a clinical trial for its lead drug candidate, EB-373, targeting anxiety disorders. Enveric's focus is on developing novel therapeutics for mental health, leveraging its unique Psybrary™ drug discovery platform.

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Enveric Biosciences (NASDAQ: ENVB), a biotechnology firm focused on developing small-molecule therapeutics for anxiety, depression, and addiction disorders, announces CEO Joseph Tucker, Ph.D., will present at the 6th Annual Growth Conference by Gravitas Securities Inc. on March 2, 2023 in Vancouver, British Columbia. Dr. Tucker's presentations include a Healthcare Panel at 1:40 p.m. PST and a Company Presentation at 2:00 p.m. PST. He will also hold one-on-one meetings with investors to discuss Enveric’s strategies, achievements, and future milestones.

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Enveric Biosciences (NASDAQ: ENVB), a biotechnology firm focused on innovative therapeutics for mental health disorders, announced CEO Joseph Tucker, Ph.D., will present at the BIO CEO & Investor Conference from February 6-9, 2023, in New York City. The presentation on February 6 at 3:00 p.m. EST will highlight the company's clinical development strategy and recent achievements. Enveric aims to address anxiety, depression, and addiction through its proprietary platform, The Psybrary™, with a focus on its EVM201 Series, particularly the EB-373 treatment for anxiety disorders. One-on-one investor meetings will also take place during the conference.

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Enveric Biosciences (NASDAQ: ENVB) announced its participation at the 6th Annual Neuroscience Innovation Forum and Biotech Showcase during the 41st Annual J.P. Morgan Health Care Conference in San Francisco from January 9-12, 2023. Dr. Joseph Tucker, CEO, will present the company's advancements in therapeutics addressing anxiety, depression, and addiction disorders. The Neuroscience Forum presentation is scheduled for January 8 at 1:30 PM PT, while the Biotech Showcase will take place on January 10 at 10:00 AM PT. Enveric leverages its unique Psybrary™ platform to develop innovative small-molecule therapeutics.

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Enveric Biosciences (NASDAQ: ENVB) announced the confidential submission of a Form S-1 draft registration statement to the SEC for a spin-off of its cannabinoid pipeline into a subsidiary named Akos Biosciences. The spin-off aims to enhance strategic focus and unlock potential value, allowing each entity to raise capital independently. Shareholders will own a majority of Akos post-separation, which is expected to list on Nasdaq in the first half of 2023. The dividend will be taxable for U.S. federal income purposes.

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Enveric Biosciences (NASDAQ: ENVB), a biotech firm focused on developing small-molecule therapeutics for anxiety, depression, and addiction, announced the participation of President & COO Avani Kanubaddi in A.G.P.’s Virtual Biotech Conference from November 30 to December 1, 2022. This conference aims to connect Enveric's management with investors and stakeholders. Interested parties can schedule one-on-one meetings by contacting A.G.P. or KCSA Strategic Communications. For more details, visit www.enveric.com.

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Enveric Biosciences (NASDAQ: ENVB), a biotechnology firm focused on developing innovative therapeutics for anxiety, depression, and addiction, announces CEO Dr. Joseph Tucker's participation in the Wonderland conference in Miami, FL, from November 3-5, 2022. Dr. Tucker will speak on the panel entitled Synthetic vs Natural Debate on November 5 at 12:00 p.m. ET. Interested parties can schedule one-on-one meetings with Enveric's management by contacting KCSA Strategic Communications.

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Enveric Biosciences (NASDAQ: ENVB) has announced the nomination of EB-373 as the lead candidate from its EVM201 program, targeting anxiety disorders. This milestone coincides with preclinical data presented at the International Neurology & Brain Disorders Conference. EB-373 is set to advance through key preclinical studies aimed at filing an IND application with the FDA in late 2023. The company also disclosed the discontinuation of the first-generation EVM101 program due to promising results from its newer drug candidates.

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Enveric Biosciences (NASDAQ: ENVB) announced the presentation of its lead programs' results at the 6th International Neurology & Brain Disorders Conference in Orlando, Florida, from October 24-26, 2022. The poster presentations will showcase innovative drug candidates for anxiety, depression, and addiction disorders, highlighting EVM201's novel psilocin prodrugs and EVM301's methods for future drug candidate discovery. Dr. Peter Facchini expressed optimism about advancing their drug discovery program aimed at enhancing mental health treatments.

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Enveric Biosciences (NASDAQ: ENVB) announced participation in the H.C. Wainwright 24th Annual Global Investment Conference in New York City on September 12-14, 2022. President & COO Avani Kanubaddi will present on September 14 at 2:00 p.m. ET. Attendees can register here. Enveric focuses on developing innovative psychedelic-inspired medicines for mental health.

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FAQ

What is the current stock price of Enveric Biosciences (ENVB)?

The current stock price of Enveric Biosciences (ENVB) is $0.3333 as of November 22, 2024.

What is the market cap of Enveric Biosciences (ENVB)?

The market cap of Enveric Biosciences (ENVB) is approximately 3.4M.

What does Enveric Biosciences specialize in?

Enveric Biosciences specializes in developing neuroplastogenic small-molecule therapeutics for treating depression, anxiety, and addiction disorders.

What is EB-003?

EB-003 is Enveric's lead program designed to promote neuroplasticity in treating mental health disorders without inducing hallucinations.

What is EB-002?

EB-002, formerly known as EB-373, is a next-generation synthetic prodrug of psilocin being developed for the treatment of psychiatric disorders.

Where is Enveric Biosciences headquartered?

Enveric Biosciences is headquartered in the United States.

How does Enveric Biosciences fund its research?

Enveric Biosciences maintains a robust financial foundation through transparent funding efforts to support its research initiatives.

Is Enveric involved in any partnerships or collaborations?

Yes, Enveric forms strategic partnerships and collaborations to enhance its research capabilities and accelerate its therapeutic programs.

How does Enveric ensure its treatments do not cause hallucinations?

Enveric focuses on non-hallucinogenic solutions, as evidenced by its lead program, EB-003, which promotes neuroplasticity without causing hallucinations.

What technologies is Enveric investing in?

Enveric is investing in cutting-edge technologies such as artificial intelligence (AI) to advance its research and development efforts.

What are the core values of Enveric Biosciences?

Enveric Biosciences is committed to ethical practices, patient-centric solutions, and innovative research to address mental health challenges.

Why is Enveric considered a key player in the biotech sector?

Enveric is emerging as a key player due to its pioneering approaches to mental health treatments and significant investments in innovative research.

Enveric Biosciences, Inc.

Nasdaq:ENVB

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ENVB Stock Data

3.38M
9.22M
6.93%
7.06%
3.7%
Biotechnology
Pharmaceutical Preparations
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United States of America
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