SciSparc (NASDAQ: SPRC) collaboration advances MEAI-PEA depression patent bid
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
SciSparc Ltd. reported that its majority-owned subsidiary NeuroThera Labs Inc., in collaboration with Clearmind Medicine Inc., has led to a patent application in Hong Kong for a new therapy to treat major depressive disorder. Clearmind filed the patent for a combination of its proprietary MEAI compound with Palmitoylethanolamide (PEA) sourced by NeuroThera. SciSparc holds an approximately 75% controlling interest in NeuroThera. The companies describe this MEAI‑PEA approach as a non‑hallucinogenic neuroplastogen that may offer a more accessible, safer and affordable alternative to existing antidepressants for depression, a condition affecting more than 332 million people globally.
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FAQ
What did SciSparc Ltd. (SPRC) announce in this Form 6-K?
SciSparc announced that Clearmind Medicine filed a patent application in Hong Kong for a new depression therapy using MEAI combined with PEA sourced by NeuroThera, a clinical-stage company in which SciSparc holds about a 75% controlling interest.
What is the new depression therapy involving SciSparc’s subsidiary NeuroThera Labs?
The therapy combines Clearmind’s proprietary compound MEAI with Palmitoylethanolamide (PEA) provided by NeuroThera. It is described as a non-hallucinogenic neuroplastogen option intended to treat major depressive disorder and potentially offer advantages over existing antidepressant treatments.
Where was the patent application for the MEAI-PEA depression therapy filed?
Clearmind Medicine filed the patent application with the Intellectual Property Department in Hong Kong, China. The application covers the innovative MEAI-PEA combination therapy for major depressive disorder developed under the ongoing collaboration with NeuroThera Labs, SciSparc’s majority-owned subsidiary.
How is SciSparc Ltd. connected to NeuroThera Labs and Clearmind Medicine?
SciSparc holds an approximately 75% controlling interest in NeuroThera Labs, a clinical-stage pharmaceutical company. NeuroThera collaborates with Clearmind Medicine on novel CNS therapies, including the MEAI-PEA combination for depression, which led to Clearmind’s patent application in Hong Kong.
What broader market need does the MEAI-PEA depression therapy aim to address?
The therapy targets major depressive disorder, which affects more than 332 million people worldwide according to a World Health Organization article. It is intended as a potentially more accessible, safer and affordable alternative to existing antidepressants such as SSRIs and other conventional options.
What is SciSparc Ltd.’s core business focus beyond this depression patent news?
SciSparc, through NeuroThera Labs, focuses on clinical-stage cannabinoid-based pharmaceuticals. Its programs include SCI-110 for Tourette syndrome, Alzheimer’s disease and agitation, and SCI-210 for autism spectrum disorder and status epilepticus, alongside a hemp seed oil products business on the Amazon.com Marketplace.
