Public Companies
2022 End of Year Review: Small Pharma
The article 2022 End of Year Review: Small Pharma was originally published on Microdose.
Continuing our end-of-year review, we’ll take a moment to update…
The article 2022 End of Year Review: Small Pharma was originally published on Microdose.
Continuing our end-of-year review, we’ll take a moment to update Small Pharma’s last 12 months.
Last week, we reported that DMT-development firm Small Pharma had moved its lead candidate drug further through the clinical trial process with the completion of its Phase 2a trial. Small Pharma CEO says that results from this Phase 2a trial will be released in early Q1 — a significant milestone for the company and the industry.
Despite Small Pharma being a relatively, hmmm, small firm, the completion of a Phase 2a trial makes them one of the most advanced companies in terms of clinical trial development. From CEO George Tziras:
We look forward to sharing the SPL026 Phase IIa results very soon, as well as making progress throughout the year with additional SPL026 trials, and the first-in-human trial with SPL028, our novel deuterated DMT candidate.
In line with this significant progress across our portfolio, we look forward to continuing to expand internationally and growing our team as we prepare for a multi-site Phase IIb trial.
Some other highlights from Small Pharma in 2022:
- Completion of Phase IIa trial for lead product candidate SPL026, with supportive therapy for the treatment of Major Depressive Disorder
- SSRI drug interaction study initiated
- MHRA approval for new SPL026 trial
- Cash on hand as of August 31, 2022, was $27.1 million
- 2nd US patent granted for DMT products, the twelfth granted patent in its psychedelic and non-psychedelic portfolio, with over 70 pending applications)
- Received approval for Phase I Clinical Trial with SPL028, injectable deuterated DMT candidate with multi-layered IP protection
For more on Small Pharma, see the company’s video below and Small Pharma Gets Big Price Target From Two Analysts
dmt psychedelic therapy major depressive disorder depressive disorder small pharma
-
Psychedelics1 week ago
Algernon NeuroScience and the Centre for Human Drug Research to Present DMT Phase 1 Stroke Clinical Data at the Interdisciplinary Conference on Psychedelic Research June 6 – 8th, 2024
-
Psychedelics1 week ago
Revive Therapeutics Announces Type C Meeting Request Granted by FDA for Clinical Study of Bucillamine to Treat Long COVID
-
Psilocybin1 week ago
Passover Perspectives: Psychedelics, Moses, and the Burning Bush
-
Law & Regulation1 week ago
Tryp Therapeutics merger with Exopharm approved by shareholders
-
Psychedelics1 week ago
atai Life Sciences Announces Dosing of First Patient in Part 2 of Beckley Psytech’s Phase 2a Study Exploring BPL-003 Adjunctive to SSRIs in Patients with Treatment Resistant Depression
-
Psychedelics1 week ago
Silo Pharma Announces Positive Results for Intranasal PTSD Treatment
-
Psilocybin1 week ago
Psilocybin and Meditation: Unlocking the Potential for Enhancing Insightfulness
-
Psychedelics1 week ago
Revive Therapeutics Announces Type C Meeting Request Granted by FDA for Clinical Study of Bucillamine to Treat Long COVID