Medicinal psychedelics refer to the use of psychedelic drugs as part of the treatment of mental health conditions. Notable for having a low risk of physical dependence and abuse, medicinal psychedelics could be a profitable investment opportunity as research and a broader market for these substances continue to emerge.
Biotechnology and pharmaceutical companies incur astronomical costs as part of the development of new products and processes. Extensive research time is a key reason for these costs although recreating the products and processes of competitors is relatively inexpensive (1).
By investing into patents on developments and research, biotechnology and pharmaceutical businesses can reduce the risk of copied products entering the marketplace. Yet not every biotechnology or pharmaceutical company sees a product through from design to manufacture. For smaller biotech and pharma firms, licensing their patented innovations to larger firms with the resources capable of producing them and taking them to market often makes more sense.
The success of these smaller companies depends on whether they can adequately convey the benefits of their intellectual property strategies to market participants.
Medicinal psychedelics refer to the use of psychedelic drugs as part of the treatment of mental health conditions. Notable for having a low risk of physical dependence and abuse, medicinal psychedelics could be a profitable investment opportunity as research and a broader market for these substances grow.
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Medicinal psychedelics, also known as psychedelic drugs or entheogens, have shown promising potential in the treatment of a variety of mental health conditions, including depression, anxiety, post-traumatic stress disorder (PTSD), addiction, and even some physical conditions like chronic pain and migraines.
These substances have been used for centuries in traditional medicinal and spiritual practices, and have recently gained renewed interest for their potential therapeutic uses.
Psychedelics facilitate deep self-exploration and introspection, which can lead to profound personal insights and growth. They've been shown to stimulate neuroplasticity (7), which can lead to long-lasting improvements in cognition and behavior. These characteristics are what led to psychedelics being explored as a potential treatment for mental health conditions, especially for individuals who are resistant to traditional therapies.
Another benefit is their low risk of physical dependence and abuse. Unlike many traditional psychiatric medications, research has insofar not shown psychedelic drugs to be physically addictive. In fact, the likelihood of negative side effects becomes nearly zero when used in a therapeutic setting.
February 22, 2023
Tel Aviv, Israel, Feb. 22, 2023 (GLOBE NEWSWIRE) -- SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system, announced today that as part of its ongoing collaboration with Clearmind Medicine Inc...
Clearmind Medicine CEO, Dr. Adi Zuloff-Shani, issues a letter to the company’s shareholders.
Clearmind Medicine announces the appointment of seasoned regulatory executive Nicholas Kadysh, previously an executive for Red Bull, as special advisor for the development of MEAI as an alcohol substitute.
Clearmind Medicine announces the closing of its underwritten public offering of 1,153,847 common shares at a price to the public of US$6.50 per share (CAD$8.65), for aggregate gross proceeds of US$7.5 million.
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