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NetworkNewsBreaks – Clearmind Medicine Inc. (CSE: CMND), The Hebrew University Partner to Focus on Development of Novel Psychedelic Drug

Company: Clearmind Medicine Inc. (CMND)
Category: News

Clearmind Medicine (CSE: CMND), a psychedelic medicine biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and undertreated health problems, is working with Yissum Research Development Company, the technology transfer company of The Hebrew University of Jerusalem. The two entities are partnering on a research and development project focused on developing novel, innovative, patentable psychedelics as potential drug candidates to expand Clearmind’s IP portfolio.

Yissum has established a global reputation for its ability to discover, analyze and design advanced molecular scaffolds to serve as common platforms for synthesizing various structurally related compounds as potential therapeutic agents and drug candidates. According to the announcement, Clearmind will work with The Hebrew University researchers and professors to analyze and innovate synthetic novel analogs of known psychedelic compounds. In addition, the partnership will involve conducting in silico 3D docking studies and rational design, as well as screening the compounds in an in vitro platform. “This is an important partnership for Clearmind,” said Clearmind CEO Adi Zuloff-Shani, PhD, in the press release. “The academic/technology transfer model is responsible for many medical breakthroughs, and the Hebrew University-Yissum partnership is one of the most prolific in the field. I am certain that our collaboration will yield many potential candidates for further evaluation.”

To view the full press release, visit https://nnw.fm/nPZMz

About Clearmind Medicine Inc.

Clearmind is a psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods or supplements. The company’s intellectual portfolio currently consists of two patent families. The first, Binge Behavior Regulators, has been granted in the United States, Europe, China and India, with pending divisional applications in Europe and the U.S. The second, Alcohol Beverage Substitute, has been approved for a European patent, with pending applications in the U.S., China and India. The company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio. To learn more about the company, please visit www.ClearmindMedicine.com.

About NetworkNewsWire

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