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Canadian At-Home Microdose Psilocybin Clinical Trial Finalized, Here Are The Details – Stocks to Watch
  • Wed. Apr 24th, 2024

Canadian At-Home Microdose Psilocybin Clinical Trial Finalized, Here Are The Details

ByLara Goldstein

Mar 31, 2023
Canadian At-Home Microdose Psilocybin Clinical Trial Finalized, Here Are The Details

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Biopharma company Apex Labs Ltd. has completed one of the first take-home microdose psilocybin clinical trials, meeting all study endpoints over a two-month period with no adverse events reported.

CEO Tyler Powell called it a clinical milestone and said he’s certain it will help the company’s position as a first mover in take-home psilocybin treatment while advancing its commitment to treating “the substantial unmet need” within the Veteran community. 

The Health-Canada-approved study, which began in January and completed patient dosing on March 29, seeks safety, efficacy and tolerability of take-home proprietary GMP-compliant synthetic psilocybin APEX-52 in veterans with PTSD-related depression.

See also: Two States Discuss Psychedelics Therapy For Veterans With Depression & PTSD In Policy Committees

The trial also assessed the stability of symptoms when transitioning from illicit unregulated psilocybin to regulated APEX-52.

See also: Understanding The Psilocybin Supply Chain: Every Production Method Explained

APEX was granted approval to commence a 294-participant Phase 2b take-home microdose clinical trial, the largest approved to date, to evaluate the efficacy, safety and tolerability of APEX-52 in treating depression and anxiety among adults with PTSD.

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Photo: Benzinga edit with photo by Pexels.

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Image and article originally from www.benzinga.com. Read the original article here.