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An update from Mindbio Therapeutics Corp. ( (TSE:MBIO) ) is now available.
MindBio Therapeutics Corp. is preparing for Phase 3 clinical trials by upgrading its clinical software and data analytics capabilities. The company has acquired new software to enhance data collection and analysis from wearables and other clinical trial data, which will support the commercialization pathway for its lead candidate drug, MB22001. This initiative is expected to reinforce MindBio’s position as a leader in take-home psychedelic medicine. The software acquisition involves issuing shares and warrants to the vendor, aligning their success with MindBio’s. The company is transitioning from academic trials to a large-scale global commercial provider, with Phase 2B trials nearing completion and top-line data expected soon.
More about Mindbio Therapeutics Corp.
MindBio Therapeutics Corp. is a clinical-stage biopharmaceutical company based in Vancouver, British Columbia. The company focuses on developing novel psychedelic-based medicines for mental health disorders, aiming to provide safe, effective, and scalable treatments for conditions such as depression and anxiety. MindBio is pioneering the use of regulated, take-home psychedelic medicines in clinical trials, emphasizing scientific rigor and patient accessibility.
Average Trading Volume: 134,560
Technical Sentiment Signal: Sell
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