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MindMed investigating potential benefits of DMT in upcoming Phase 1 clinical trial collaboration

Mind Medicine Inc (NEO:MMED) (OTCQB:MMEDF) CEO JR Rahn tells Proactive it is pursuing research into DMT, the active ingredient in Ayahuasca.

Rahn says its part of a research and development collaboration that the psychedelics company has with the University Hospital Basel’s Liechti Lab. MindMed will provide startup funding for a Phase 1 clinical trial looking at intravenous dosing regimen options for DMT.

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Price: 1.6557 USD

OTCQB:MMEDF
Market: OTCQB
Market Cap: $464.75 m
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