EXCLUSIVE: Cybin Tells Benzinga 'The Company is evaluating non-hallucinogenic dosing of CYB005 preclinical candidate molecules for the treatment of CNS disorders'
Portfolio Pulse from Benzinga Newsdesk
Cybin is evaluating non-hallucinogenic dosing of its preclinical candidate CYB005 for treating CNS disorders.
October 24, 2024 | 11:00 am
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POSITIVE IMPACT
Cybin is assessing non-hallucinogenic dosing of CYB005 for CNS disorders, which could lead to new treatment options and expand their product offerings.
The news indicates that Cybin is working on a novel approach to CNS disorder treatment, which could enhance their product pipeline and market position. This development is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100