![]() On the side of the buyers, shareholders were urged to consider the issuance of 63,010,034 common shares to the security holders of Novamind. This week both companies shared circulars with their shareholders, asking them to consider the acquisition. ![]() That day, shareholders will vote in two special meetings on the proposed acquisition of Novamind by Numinus. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.June 8, 2022 marks a turning point for both Numinus ( OTCQX: NUMIF) and Novamind ( OTCQB: NVMDF). ![]() Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. Important factors that could cause actual results to differ materially from the Company's expectations including the risks detailed from time to time in the Company's public disclosure. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. This news release contains forward-looking statements. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of integrative mental health clinics and operates a full-service contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics and clinical research sites. To learn more about the Psilocybin Trial, please visit this link. This work is truly ground-breaking, and we are incredibly honoured to contribute and advance the fields of psychedelic medicine and psychiatry." Reid Robison, Chief Medical Officer and Principal Investigator of the Psilocybin Trial at Novamind's research site, added, "While previous small-scale studies have provided encouraging evidence for the use of psilocybin for depression, phase II trials will help us better evaluate the safety and effectiveness of the medication. With specialized infrastructure and expertise in psychedelic medicine, we're uniquely suited to bring the highest research standards to the evaluation of psilocybin as a treatment for depression."ĭr. Thielking continued, "Novamind's contract research division is devoted to responsibly managing all stages of clinical trials for neuropsychiatry. Drug Enforcement Agency to store and administer psilocybin for research, qualifying the Company to host future psilocybin clinical trials at its sites.ĭr. Last year, Novamind was awarded two Schedule 1 Licenses from the U.S. Recent regulatory shifts supporting psilocybin research also acknowledge the unmet need and the potential for improved, novel therapeutic options. With an estimated 280 million people worldwide suffering from depression, 1 psilocybin has been steadily gaining recognition as a potential therapy to help address a growing global mental health crisis. Today marks another exciting milestone for our team as we continue to support drug developers, not-for-profits and academic partners to accelerate psychedelic research and improve patient outcomes." ![]() Paul Thielking, Chief Scientific Officer at Novamind, commented, "The Psilocybin Trial is a key step in moving psilocybin through the clinical development process and closer to regulatory approval. Today the Company completed first patient randomization at its Draper, Utah research site.ĭr. (CSE:NM)(OTCQB:NVMDF)(FSE:HN2) ("Novamind" or the "Company"), a leading mental health company specialized in psychedelic medicine, is pleased to conduct a phase II clinical trial investigating psilocybin for major depressive disorder (MDD) sponsored by the Usona Institute (the "Psilocybin Trial"). TORONTO, ON / ACCESSWIRE / Ma/ Novamind Inc. First patient randomization completed at Draper, Utah research site
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