Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Bringing Diversified Pipeline to Psychedelic Revival
Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) recently gained visibility through an editorial published by NetworkNewsWire. The article highlights the company's diversified pipeline, particularly its psilocybin program aimed at treating neuropsychiatric disorders. Tryp's lead candidate, TRP-8802, targets fibromyalgia, affecting over five million people in the U.S. Additionally, a phase 2a study for eating disorders is set to commence in collaboration with the University of Florida. The company also develops TRP-1001 for rare soft-tissue sarcomas, potentially qualifying for orphan drug status.
- Increased visibility through an editorial in NetworkNewsWire.
- Diverse drug pipeline targeting neuropsychiatric disorders and rare diseases.
- Lead candidate TRP-8802 focused on treating fibromyalgia, addressing a significant patient population.
- Upcoming phase 2a study for eating disorders in collaboration with a reputable academic institution.
- Potential orphan drug status for TRP-1001, which targets rare soft-tissue sarcomas.
- None.
NEW YORK, May 19, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.
To view the full publication, “Wall Street Unicorns in Process of Changing the Healthcare Landscape,” please visit: https://nnw.fm/QOAcO
Before 1970, promising research was being conducted on the potential therapeutic effects of a broad category of psychedelic drug compounds, including substances such as psilocybin, DMT (dimethyltryptamine), LSD (lysergic acid diethylamide) and MDMA (methylenedioxymethamphetamine) — and then the Controlled Substance Act was signed into law, which labeled those substances as drugs of abuse with no medical value. The severely limited research conducted thereafter continued to demonstrate the potential of these compounds to provide therapeutic value, particularly for notoriously difficult diseases such as depression, addiction, PTSD and others.
In the past few years, the relatively unattended field of psychedelic therapeutics is seeing a revival of activity and excitement, spawning innovative approaches and creating valuable companies in the process. Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) is one of the exciting new companies to enter the public domain, bringing a diversified pipeline and de-risked strategy that should usher the company right into phase 2 clinical trials. A public company since its IPO in December of 2020, Tryp aims to become a leader in the healthcare and drug development industries.
About Tryp Therapeutics Inc.
Tryp Therapeutics is a pharmaceutical company focused on developing compounds with known activity and safety profiles for the treatment of rare and other diseases with unmet medical needs. Tryp’s psilocybin-for-neuropsychiatric disorders, or PFN(TM) (“PFN”), program is focused on the development of synthetic psilocybin as a new class of drug for the treatment of certain neuropsychiatric-based disorders. Tryp’s lead PFN drug candidate is TRP-8802 for the treatment of fibromyalgia, a chronic pain syndrome estimated to affect more than five million people in the United States. The company is also preparing to initiate a phase 2a clinical study for eating disorders in partnership with the Dr. Jennifer Miller at the University of Florida. In addition to its PFN program, Tryp is developing TRP-1001, an oral formulation of razoxane for the treatment of soft-tissue sarcoma. Soft-tissue sarcomas are a rare and diverse group of tumors that account for about
For more information about the company, please visit www.TrypTherapeutics.com.
NOTE TO INVESTORS: The latest news and updates relating to TRYP are available in the company’s newsroom at https://ibn.fm/TRYPF.
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