NewsRoom Articles - Page 83 of 154 - PsychedelicNewsWire (PNW)

TuesdayOct 05, 2021 11:00 am

What Investors Consider Before Investing in Psychedelic Startup Companies

In the last few years, venture-capital funds have played a big role in facilitating the establishment of psychedelic firms. To do this, those VC companies have had to go through many business models and pitches. Research shows that the top investors in the psychedelics industry since the beginning of last year are Neo Kuma, Palo Santo and Noetic Fund. They have injected the most capital into psychedelic startup firms. In total, the three companies deployed roughly $85 million into these startups. Today, we’ll look at some of the variables these companies took into consideration as well as the qualities they…

MondayOct 04, 2021 2:00 pm

NIDA Awards Grant for Research on Potential of Psilocybin in Treating Cigarette Addiction

The National Institute on Drug Abuse is financing research on the use of magic mushrooms in managing cigarette addiction. The top federal drug agency recently awarded the grant to researchers from the University of Alabama at Birmingham, New York University and Johns Hopkins University to investigate how psilocybin could help individuals quit smoking cigarettes. Last week, Matthew Johnson, a professor at Johns Hopkins University, revealed that the researchers had been awarded the grant, noting that he believed that it was the first grant from the federal government in more than five decades to directly study the therapeutic benefits of a…

FridayOct 01, 2021 12:15 pm

Researchers Develop Statistical Model That Can Characterize Ketamine’s Effects on the Brain

Researchers from the Massachusetts General Hospital and the Picower Institute for Learning and Memory at MIT have developed a statistical model that can characterize how ketamine affects an individual’s brain. The research, which was published in “PLOS Computational Biology,” found that ketamine produced different effects, which means that to improve patient outcomes and better understand ketamine, a ketamine-specific model was needed. This is why the researchers designed a model based on rhythm measurements from two animal subjects and nine human subjects. The model defines the characteristic states of brain activity that occur when an individual is under ketamine anesthesia. In…

ThursdaySep 30, 2021 2:15 pm

Phantom Limb Pain: Causes and How a Physical Therapist May Help

When an individual’s leg or arm is traumatically lost or surgically amputated, they may experience a persistent sensation indicating that the lost limb is still present. This phantom sensation, which may be unpleasant or painful, is commonly called phantom limb pain. Estimates show that while about 80% of individuals who have undergone amputations will experience this type of pain, the pain persists only about 20% of the time, with some of these individuals experiencing this pain even two years after the amputation procedure. While it doesn’t result from conditions such as depression and psychiatric stress, phantom limb pain may be…

ThursdaySep 30, 2021 10:59 am

Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Achieves Most Important Milestone Yet with Submission of IND Application for Phase 2a Clinical Trial

Tryp Therapeutics on September 22 submitted an IND application to the FDA to evaluate its oral formulation of synthetic psilocybin, TRP-8802, in a Phase 2a clinical study The study seeks to evaluate TRP-8802 for the treatment of patients with eating disorders and will enroll 10 patients According to Tryp Chairman and CEO, the submission is the first of several IND filings the company intends to make in the coming months Tryp is also preparing for Phase 2b clinical trials, which will evaluate its proprietary drug candidate, TRP-8803 During a recent investor presentation, Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical…

WednesdaySep 29, 2021 11:30 am

Why Nuanced Approach in Dealing with Mental Health Issues, Specifically Depression, Is Important

A couple of decades ago, talking about mental health issues in the public was an unspoken taboo. Research on mental health conditions hadn’t come as far as today, and society’s view of mental health wasn’t as open, which led to many people suffering in silence, scared to speak up or seek help. Today discussing how conditions are approached and treated is much more open. Among the most common mental health conditions is depression, a serious ailment that negatively affects how an individual feels, acts and thinks. The disorder causes a loss of interest in activities an person once enjoyed as…

TuesdaySep 28, 2021 1:00 pm

Spiritual Emergencies and Psychedelics: What Are They About?

In the last few years, we’ve seen an increase in the interest in the therapeutic potential of psychedelics, in both nonclinical and clinical settings. Psychedelic substances such as LSD and psilocybin mushrooms possess the ability to cause huge shifts in an individual’s perception and understanding of reality. While seeing things in the world in a new light may be good for an individual’s psyche, it may also trigger psychological distress referred to as a spiritual emergency. What is a spiritual emergency? This refers to a transformative or spiritual crisis in which a person may move toward a greater state of…

MondaySep 27, 2021 12:14 pm

Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Leading Out in Mental Health Treatment Innovation

WHO survey reports that mental health services in 93% of countries around the world have been disrupted or halted as a result of COVID-19 People with pre-existing mental, neurological or substance-use disorders are more vulnerable to SARS-CoV-2 infection Cybin is on a mission to revolutionize mental healthcare A World Health Organization (“WHO”) survey covering 130 countries is calling attention to the fact that today’s demand for mental health, which has been rocked by the COVID-19 pandemic, is only increasing (https://ibn.fm/hzmXq). Cybin (NEO: CYBN) (NYSE American: CYBN) is focused on meeting that need and is committed to finding even more effective…

MondaySep 27, 2021 12:00 pm

Congress to Vote on Psychedelics Research Amendments for Active Military Members

As is so often the case, legislators have introduced various amendments to upcoming legislation for active military members. Those include measures to protect banks that offer their services to state-legal cannabis businesses and those that will facilitate research on the benefits of psychedelics for military personnel. The measure that would enable the defense secretary to award grants for research into the therapeutic potential of psychedelics such as ibogaine, psilocybin and MDMA for military members with PTSD, was filed by Rep. Dan Crenshaw. The grants will be awarded to not-for-profit organizations, academic institutions, and state or federal agencies. Under the measure,…

MondaySep 27, 2021 10:58 am

Delic Holdings Inc. (CSE: DELC) (OTCQB: DELCF) Looks Optimally Positioned to Benefit From Continued Growth Within the Psychedelic Wellness Sector

Delic has positioned itself as a leading psychedelic wellness platform, with businesses spanning all corners within the sector Delic’s latest announced acquisition will make it the largest chain of operating psychedelic wellness clinics in the US The psychedelic wellness sector has enjoyed robust growth as of late, following the FDA’s move towards granting psilocybin “breakthrough therapy” status in 2018 Denver and Oakland have been among the first US cities to decriminalize the use of psilocybin mushrooms with California currently studying whether to follow suit The psychedelic drugs market is expected to reach a size of $10.75 billion by 2027 When…

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