MindBio Therapeutics CEO Provides End of Year Video Update on Phase 2 Clinical Trials

VANCOUVER, BC / ACCESSWIRE / December 20, 2023 / MindBio Therapeutics Corp. (CSE:MBIO)(Frankfurt:WF6), (the "Company" or "MindBio"), Chief Executive Officer Justin Hanka provides end of year video update on two Phase 2 clinical trials currently underway using MB22001.

Foto: Accesswire

MindBio is pleased to report that dosing is progressing well in its Phase 2a Depression trial using MB22001 (MindBio's proprietary titratable form of LSD for take-home Microdosing). To date, nineteen out of a total twenty participants have started their dosing regimen and eight participants have now successfully completed their entire treatment.

Justin Hanka, Chief Executive Officer of MindBio discusses the progress of two Phase 2 clinical trials currently underway and the expectation of a Q1 Phase 2A depression trial readout in the following video:

MindBio CEO Provides Update On Phase 2 clinical trials

MindBio is the only company in the world to be running clinical trials with regulatory approvals for at-home use of a special form of LSD in microdoses (MB22001). At-home use is crucial for testing and modelling the safety and efficacy of psychedelics within the community, as MindBio works towards having these life-saving medicines approved. MindBio's landmark Phase 1 LSD-Microdosing clinical trial completed in 2022 showed no serious adverse events, and participants in the LSD-Microdosing treatment group reported statistically significant increases in feelings of happiness, social connectivity, wellness, creativity, and energy compared to the placebo group.

MindBio's Phase 2a clinical trial in 20 patients with Major Depressive Disorder is an open label trial that will look for clinically significant improvements in depression rating scores using a global standard for measuring the severity of depression, the MADRS (Montgomery Asberg Depression Rating Scale). MB22001 is being administered in titratable microdoses to clinical trial participants. At the end of the trial, the primary end point for success is an improvement in the MADRS.

Concurrently, MindBio is conducting a Phase 2B trial in late stage cancer patients experiencing existential distress, a common phenomenon experienced at end of life, a mix of depressive and anxiety and distress symptoms that often is treated with anti-depressants. MindBio's hope is that MB22001, if proven effective in this Phase 2B randomized and double blind trial in 40 participants, will potentially be accessible to end of life patients under special drug access schemes that permit access to clinical stage experimental drugs before they are approved by regulatory bodies such as the Food & Drug Administration (FDA).