EXCLUSIVE: Neuropsychiatry-Focused Cybin Secures First US Composition of Matter Patent For Preclinical CYB005 Phenethylamines Program
Portfolio Pulse from Vandana Singh
Cybin Inc. has secured a US patent for its CYB005 phenethylamines program, focusing on non-hallucinogenic treatments for CNS disorders. This patent supports Cybin's innovative development beyond its clinical tryptamine programs. The company is also advancing its CYB003 and CYB004 programs, with significant upcoming trials and results expected in 2024.
October 24, 2024 | 11:01 am
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Cybin Inc. has been granted a US patent for its CYB005 program, which focuses on non-hallucinogenic treatments for CNS disorders. This strengthens Cybin's position in innovative CNS disorder treatments and supports its broader development pipeline.
The granting of a US patent for the CYB005 program is a significant milestone for Cybin, as it reinforces the company's innovative approach to CNS disorder treatments. This patent not only strengthens Cybin's intellectual property portfolio but also supports its broader development pipeline, which includes other promising programs like CYB003 and CYB004. The news is likely to positively impact Cybin's stock price in the short term, as it highlights the company's commitment to addressing unmet medical needs in CNS disorders.
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