Welcome to our dedicated page for Cybin news (Ticker: CYBN), a resource for investors and traders seeking the latest updates and insights on Cybin stock.
Cybin Inc. (CYBN) is a clinical-stage biopharmaceutical leader advancing novel psychedelic-based therapies for mental health conditions. This dedicated news hub provides investors and researchers with essential updates on the company's progress in developing innovative treatment solutions.
Access timely reports on clinical trial milestones, regulatory developments, and strategic partnerships that shape Cybin's research pipeline. Our curated collection includes official press releases detailing advancements in deuterated compound research, intellectual property achievements, and collaborative neuroscience initiatives.
Key updates cover FDA designations, preclinical study results, and patent filings that demonstrate Cybin's scientific rigor in psychedelic therapeutics development. The resource serves as a centralized tracking point for material events influencing the company's position in mental health innovation.
Bookmark this page for structured access to verified information about Cybin's therapeutic candidates and operational developments. Check regularly for objective updates on progress within the regulated biopharmaceutical research landscape.
Cybin Inc. (AMEX:CYBN) has successfully achieved key research and development milestones ahead of schedule, transitioning from discovery to clinical-stage development in under two years. This advancement aims to progress its psychedelic drug pipeline, specifically programs CYB003 and CYB004 targeting major depressive and anxiety disorders. Over 200 preclinical studies have been completed, leading to one granted U.S. patent and a robust intellectual property portfolio. The company emphasizes its commitment to creating innovative treatments for mental health issues.
Cybin Inc. has announced the achievement of a significant milestone in its collaboration with Adelia Therapeutics Inc., a wholly-owned subsidiary, as per a contribution agreement dated December 4, 2020. This milestone completion allows for the issuance of 33,190.1 Class B common shares valued at approximately CAD $467,982 to Adelia's shareholders at an effective price of CAD $14.10 per share. Cybin aims to advance its drug development processes and transition into a clinical-stage organization, focusing on developing therapeutics for mental health issues.
Cybin Inc. has commenced its Phase 1/2a clinical trial for CYB003, a novel psilocybin analog aimed at treating major depressive disorder (MDD). The trial marks a significant milestone as it progresses to clinical development only 18 months after initiation. Initial dosing has begun with two participants, reflecting a growing interest and need for innovative mental health treatments. Preclinical studies indicate CYB003 may offer improved efficacy over traditional psilocybin, including reduced variability and faster action. The trial aims to assess safety and effectiveness over a 12-week period.
Cybin, a biopharmaceutical company focused on Psychedelics to Therapeutics, announces that CEO Doug Drysdale will engage in a virtual fireside chat at the H.C. Wainwright 24th Annual Global Investment Conference from September 12-14, 2022. The chat will be available on demand starting September 12, 2022, at 7:00 a.m. ET. Interested parties can access the event and a subsequent archived version via the Company’s investor relations website.
Cybin Inc. has received a Schedule I license from the U.S. Drug Enforcement Agency to commence its Phase 1/2a clinical trial for CYB003, a deuterated psilocybin analog aimed at treating major depressive disorder. CEO Doug Drysdale announced that participant recruitment is underway, with hopes to begin dosing soon. The trial will evaluate the efficacy of CYB003 through a randomized, placebo-controlled study assessing the impact of two doses on moderate to severe MDD. The results will contribute to understanding the drug's potential benefits and safety over a 12-week period.
Cybin Inc. announced the results of its annual shareholder meeting held on August 15, 2022. A total of 71 shareholders attended, representing 28.3% of the company's common shares. Zeifmans LLP was appointed as the auditor with 92.51% approval. All nominated directors, including Theresa Firestone and Grant Froese, were elected with over 98% voting in favor. This reflects shareholder confidence in Cybin's leadership as it continues its mission to develop therapeutics for mental health issues through psychedelics.
Cybin Inc. has launched an at-the-market equity program allowing the sale of up to
Cybin Inc. reported its first-quarter financial results for the period ending June 30, 2022, with cash and equivalents totaling C$42.5 million. The company has made progress in its clinical development, initiating trials for its lead candidate CYB003 for major depressive disorder and CYB004 for anxiety disorders. Noteworthy highlights include the completion of over 200 preclinical studies and an expanding intellectual property portfolio with 1 patent issued and 19 pending.
Net loss for the quarter was C$13.1 million.
Cybin Inc. announced that CEO Doug Drysdale will participate in a fireside chat during the Canaccord Genuity 42nd Annual Growth Conference, set for August 8-11, 2022 at the InterContinental Boston Hotel. The event will be webcast live on August 11, 2022 at 3:30 p.m. ET. Interested parties can access the live event and subsequent archived webcast on the Company's investor relations website.
Founded in 2019, Cybin is dedicated to developing safe and effective therapeutics for mental health issues, leveraging innovative technologies and partnerships.
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