Enveric Biosciences Has Been Granted U.S. Patent Number 11,891,360 Titled "Glycosylated Psilocybin Derivatives And Methods Of Using"
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Enveric Biosciences has received U.S. Patent Number 11,891,360 for 'Glycosylated Psilocybin Derivatives And Methods Of Using.' This patent marks a significant milestone for the company, potentially opening new avenues in the development of treatments using psilocybin derivatives.
February 06, 2024 | 6:34 pm
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Enveric Biosciences has been granted a U.S. patent for glycosylated psilocybin derivatives, potentially enhancing its position in the biotech and psychedelic treatment markets.
The granting of a U.S. patent to Enveric Biosciences for glycosylated psilocybin derivatives is a significant development. It not only validates the company's research and development efforts but also potentially sets the stage for future product development and commercialization in the burgeoning field of psychedelic-based treatments. This could lead to increased investor interest and a positive impact on the company's stock price in the short term.
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