Cybin Initiates PARADIGM: A Multinational Pivotal Phase 3 Program Evaluating CYB003 for the Adjunctive Treatment of Major Depressive Disorder and Reports Second Quarter Financial Results
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Cybin Inc. has initiated a Phase 3 program named PARADIGM to evaluate CYB003 for treating Major Depressive Disorder. The company also reported its second-quarter financial results.
November 13, 2024 | 12:45 pm
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Cybin Inc. has started a Phase 3 trial for CYB003, targeting Major Depressive Disorder, and released its Q2 financial results.
The initiation of a Phase 3 trial is a significant milestone for Cybin, indicating progress in their drug development pipeline, which could positively impact investor sentiment. The release of financial results provides additional context for the company's current financial health.
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