- Company releases positive results from preclinical study focusing on psilocybin program CYB003
- Multiple academic studies have shown that psilocybin may have the potential to revolutionize mental healthcare
- Results indicate less patient variability, faster onset of action, shorter duration of effect and improved brain penetration
According to the National Institute of Mental Health, some 17.3 million Americans, or more than 7% of the country’s entire population, suffer from major depressive disorder (“MDD”) (https://ibn.fm/0GSuV). This demographic can look to Cybin (NEO: CYBN) (NYSE American: CYBN) for help; the pharmaceutical company has announced positive results from a preclinical study focusing on CYB003, one of its psilocybin programs (https://ibn.fm/mu4aT).
“Multiple academic studies have shown that psilocybin may have the potential to revolutionize mental healthcare, but few companies have addressed the well-known limitations and side effects of…
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN
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