Cybin’s Phase 3 Trials and Financial Update

Cybin (TSE:CYBN) has released an update.

Cybin has launched a pivotal Phase 3 program named PARADIGM to evaluate CYB003 as a treatment for Major Depressive Disorder, involving multiple studies across the U.S. and Europe. The company also reported a strong cash position with C$154.3 million as of September 30, 2024, highlighting its financial readiness for these trials.

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