Clearmind Enhances Clinical Trial with New Site and Participants

Clearmind Medicine Expands Clinical Trial Initiative

Clearmind Medicine Inc. (Nasdaq: CMND), a pioneering clinical-stage biotech firm dedicated to advancing psychedelic-derived therapeutics, has declared a significant enhancement to its clinical trial program focusing on Alcohol Use Disorder (AUD). This initiative marks the activation of a new site at Johns Hopkins University School of Medicine and the onboarding of its first participant there.

Clinical Trial Objectives and Framework

The Phase I/IIa trial is chiefly aimed at investigating the safety and pharmacokinetics of CMND-100, a proprietary treatment derived from MEAI. This groundbreaking candidate strives to mitigate crucial issues related to AUD, especially concerning the reduction of alcohol cravings and consumption patterns.

Significant Progress in Participant Enrollment

The recent expansion follows the successful enrollment of an initial participant at Yale School of Medicine, reflecting the surging enthusiasm surrounding Clearmind’s innovative therapeutic approach. Every additional site and participant marks a pivotal move toward validating CMND-100 as a transformative treatment option.

Details of the Phase I/IIa Clinical Trial

This postgraduate trial is categorized as a multinational and multicenter endeavor, comprising both single and multiple doses to determine the safety profiles and ideal dosing regimens for CMND-100. Indications of its efficacy will be closely monitored, particularly around reductions in the troubling habits of excessive alcohol consumption and continuous cravings.

Leadership Insights into the Expansion

Dr. Adi Zuloff-Shani, CEO of Clearmind, shared insights regarding their momentum. He highlighted that each incremental participant intake and site activation brings them closer to revolutionizing the treatment landscape for AUD. This initiative not only underscores the scientific community's burgeoning interest but also reflects Clearmind's determination to bring forward effective solutions for patients grappling with AUD.

Company Overview and Business Focus

Clearmind is at the forefront of psychedelic pharmaceutical development aimed at addressing numerous unfulfilled health needs, particularly within the realm of AUD. The company's core ambition is to birth novel, psychedelic-based solutions and eventually secure their status as approved medicines, nutritional products, or dietary supplements.

Intellectual Property and Future Endeavors

To date, Clearmind boasts a robust portfolio featuring 19 families of patents, encompassing 31 granted patents. The organization is keenly focused on expanding its intellectual property footprint, seeking further patents whenever opportunities arise while also looking at potential acquisitions to refine its offerings.

Stock Exchange Information

For those interested in investing, Clearmind’s shares can be found traded on the Nasdaq under the ticker symbol "CMND" and also accessible on the Frankfurt Stock Exchange under the symbol “CWY0.”

Frequently Asked Questions

What is CMND-100?

CMND-100 is Clearmind's proprietary treatment candidate aimed at addressing Alcohol Use Disorder using a novel MEAI-based formula.

How will the new clinical trial sites enhance the study?

The new sites facilitate greater participant enrollment, which is critical for validating the effectiveness and safety profile of CMND-100 across diverse demographics.

What are the primary objectives of Clearmind's clinical trial?

The trial aims to evaluate CMND-100's safety and pharmacokinetics while also assessing its preliminary efficacy in reducing alcohol consumption and cravings.

Who leads Clearmind Medicine Inc.?

Clearmind is led by CEO Dr. Adi Zuloff-Shani, who is at the helm of driving clinical developments and innovations within the company.

Where can I find more information about Clearmind?

For further details, you can visit Clearmind's official webpage at www.clearmindmedicine.com, or reach out to their investor relations department directly.

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