PsyBio Therapeutics Corp. (PSYBF)(PSYB:CA) - Initiating Coverage
PsyBio Therapeutics Corp. (PSYBF)(PSYB:CA)
PsyBio Therapeutics is developing biosynthetic psychoactive compounds which 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 (SSRI’s, SNRI’s, MAOI’s, NDRI’s, etc…) which just chemically treat symptoms. Working in partnership 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.
Robert LeBoyer, Senior Research Analyst, Noble Capital Markets, Inc.
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PsyBio Therapeutics Is Developing Psychedelic Drugs For Therapeutic Use. PsyBio is developing drugs to treat psychiatric disorders. Its has a proprietary manufacturing process for making psilocybin, the active component in “magic mushrooms” as well as related psychedelic analogues. These compounds include norbaeocystin, baeocystine, aeruginocin, and DMT. PsyBio is developing these compounds as both monotherapies and combinations that could increase efficacy at lower doses.
Biosynthetic Manufacturing Is A Strength. PsyBio has developed proprietary biosynthesis processes for producing psychedelic compounds. The company can produce large quantities of these compounds at pharmaceutical specifications for potency, stability, and purity. This reduces the variability and cost compared with other methods. Its patent portfolio covers its biological manufacturing processes and ...
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