PsyBio Therapeutics (“PsyBio”) and Miami University in Oxford, Ohio are collaborating to develop a new and exciting class of molecules to treat mental health challenges such as depression, anxiety, PTSD, and substance dependency. According to the update, PsyBio has agreed to a two-year research sponsorship with Miami University in further development of a platform technology that enables the biosynthesis of psilocybin and other psychoactive molecules that occur naturally in certain plants and fungi. Miami has additionally granted PsyBio a global exclusive license to the technology generated from such research. “We are excited to be working in collaboration with such a prestigious research university,” PsyBio Therapeutics CEO Evan Levine stated in the news release. “PsyBio Therapeutics was launched in response to the growing unmet medical need and demand to offer a new paradigm for the treatment of mental health issues and other healthcare challenges. The therapeutic candidates that we are developing are intended to heal the patient and treat the disease, in comparison to many drugs on the market that only address the symptoms and not the underlying cause.”
To view the full press release, visit http://nnw.fm/d9J0R
About PsyBio Therapeutics
PsyBio Therapeutics is developing biosynthetic psychoactive compounds that offer a new paradigm of treatment to reverse the course of mental health issues. Psychoactive medications treat the illness by rewiring the brain through contemplation and a change of perception in combination with psychotherapy vs. standard of care (SSRIs, SNRIs, MAOIs, NDRIs, etc.), which just chemically treat symptoms. PsyBio Therapeutics is working in collaboration with Miami University utilizing a proprietary platform technology to biologically synthesize psilocybin and other targeted next-generation active compounds in Psilocybe Cubensis and other fungi and plants. For more information, visit www.PsyBioLife.com.
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