Clearmind Medicine's International Patent for Ibogaine Therapy

Clearmind Medicine Unveils New Patent Application for Ibogaine Therapy

Clearmind Medicine Inc. (NASDAQ: CMND), a leading clinical-stage biotech company known for developing innovative psychedelic-derived therapeutics, has made an exciting announcement by publishing an international patent application. This application, which was filed under the Patent Cooperation Treaty (PCT), covers its groundbreaking combination therapy that leverages Ibogaine and N-Acylethanolamines.

The Potential of Ibogaine in Treating Addiction

Ibogaine, a powerful compound sourced from the Tabernanthe iboga plant, has shown significant promise in clinical trials aimed at combatting various substance use disorders, including opioid use disorder (OUD) and cocaine use disorder (CUD). As emerging research continues to support its efficacy, Ibogaine is gaining recognition as a possible anti-addiction agent, paving the way for new treatment modalities that could positively impact the lives of many individuals struggling with addiction.

Collaboration with SciSparc Ltd.

This notable advancement is the result of a synergistic collaboration between Clearmind and SciSparc Ltd. (NASDAQ: SPRC), a specialty pharmaceutical company focused on central nervous system disorders. Together, the two firms aim to develop novel therapies that combine psychedelic compounds with the beneficial properties of N-Acylethanolamines, such as Palmitoylethanolamide (PEA).

Innovative Solutions for Mental Health

Dr. Adi Zuloff-Shani, CEO of Clearmind, emphasized the company's dedication to pioneering solutions in the psychedelic space. He noted, "This patent publication is a testament to Clearmind's commitment to building a robust patent portfolio filled with innovative technologies. Our goal is to provide safe and effective treatments for mental health challenges that remain inadequately addressed. While Ibogaine treatments have proven to be generally safe under medical supervision, there have been concerns regarding adverse side effects associated with raw iboga plant material. By integrating Ibogaine with PEA, we aim to enhance both safety and efficacy, thus improving the therapeutic outcomes for our patients."

About Clearmind Medicine Inc.

Clearmind Medicine operates at the forefront of the psychedelic pharmaceutical landscape, concentrating on the research and development of unique compounds derived from psychedelics to address critical health issues, including alcohol use disorder. With a clear vision for the future, Clearmind seeks to transform these psychedelic compounds into regulated medicines that can meaningfully benefit large populations.

Expanding Intellectual Property Portfolio

The company boasts an impressive portfolio comprising nineteen patent families with a total of thirty granted patents. Clearmind is committed to pursuing additional patent protections for its innovations and is strategically positioned to acquire more intellectual property as opportunities arise.

About SciSparc Ltd.

SciSparc Ltd. is renowned for its focus on developing advanced cannabinoid pharmaceuticals. The company leads initiatives around drug programs aimed at treating conditions such as Tourette Syndrome and Alzheimer's, reflecting its mission to address a myriad of health challenges through scientific innovation.

Investor Relations and Contact Information

For more information on Clearmind Medicine, stakeholders can visit the company’s official website or reach out directly: Investors: invest@clearmindmedicine.com | Telephone: (604) 260-1566. For general inquiries, connect at Info@Clearmindmedicine.com.

Frequently Asked Questions

What is the focus of Clearmind Medicine?

Clearmind Medicine focuses on the discovery and development of psychedelic-derived therapeutics aimed at solving significant mental health issues.

What is Ibogaine, and how is it used in therapy?

Ibogaine is a compound derived from the iboga plant, which shows potential in treating various substance use disorders through innovative therapies.

Who partnered with Clearmind to develop the new therapy?

Clearmind collaborated with SciSparc Ltd. to innovate combination therapies that enhance the effects of psychedelics for mental health treatments.

What are the potential benefits of Clearmind's new therapy?

The therapy may improve safety and efficacy for patients dealing with addiction problems, making a significant impact on treatment outcomes.

How can I stay updated on Clearmind Medicine's developments?

You can stay informed by checking Clearmind's official website or subscribing to their investor relations updates.

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