Psychedelic Medicine Researcher Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) Readies IND Application to Advance Drug Trials

March 28, 2022 09:05:00
  • Novel drug development company Mydecine Innovations Group is focusing on a medicinal pipeline for psychedelic drug candidates that have established some efficacy in treating mental illnesses — specifically addiction
  • Mydecine is progressing in its clinical trial evaluation of its lead candidate, MYCO-001, and is finalizing an IND application with the FDA to begin patient dosing for its planned Phase 2 trials
  • The company is targeting nicotine addiction in tobacco smokers
  • Mydecine is also advancing its evaluation of other drug candidates with pending patents to enhance its existing products

Medical-use psychedelic drug product developer Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) is making gains in its efforts to bring novel products to clinical trial for the potential treatment of addictive behaviors such as unhealthful smoking of tobacco-derived nicotine, announcing March 24 that an Institutional Review Board (“IRB”) has granted conditional approval for a new smoking cessation trial planned this summer (https://ibn.fm/43cgH).

Mydecine plans to begin patient recruitment in a multi-site Phase 2b clinical trial of its lead drug candidate MYCO-001, 99% pure psilocybin, once investigational new drug (“IND”) approval has been granted by the…

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NOTE TO INVESTORS: The latest news and updates relating to MYCOF are available in the company’s newsroom at https://ibn.fm/MYCOF

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