PharmAla Unveils New MDMA Clinical Trial Tool for Researchers
PharmAla Launches MDMA Clinical Trial Tool for Researchers
PharmAla Biotech Holdings Inc. (“PharmAla” or the “Company”) (CSE: MDMA) (OTC:MDXXF), a biotechnology company focused on the research, development, and manufacturing of LaNeo™ MDMA and novel derivatives of MDMA (MDXX class molecules), has created a new tool for researchers, offering direct access to its Chemistry, Manufacturing and Control (CMC) data along with its investigator’s brochure to qualified researchers.
Response to Increased Research Requests
In recent weeks, PharmAla has experienced a significant influx of requests for documentation related to research materials for MDMA. This surge is attributed to the growing interest among clinical researchers following regulatory developments concerning MDMA. CEO Nicholas Kadysh stated, “MDMA is of significant interest to the global research community.” The introduction of this tool aims to streamline the process for researchers seeking grant funding, showcasing PharmAla’s commitment to regulatory transparency and support for clinical research.
Enhanced Access to Drug Quality Information
The newly launched tool is accessible at https://pharmala.ca/clinical-trials and allows researchers to directly examine drug product quality information. This initiative is expected to simplify the application process for clinical trials involving MDMA, further extending PharmAla’s sales pipeline in the clinical trial sector. Many researchers across the globe are already utilizing LaNeo MDMA for their clinical studies.
Corporate Leadership Change
PharmAla Biotech is also pleased to announce the appointment of Mr. William Avery, CPA, CA, as Chief Financial Officer of the Corporation, effective from October 1. Having served as a financial advisor for PharmAla Biotech for over a month, Mr. Avery brings significant experience as a former partner at MNP, focusing on companies within innovative fields.
About PharmAla
PharmAla Biotech Holdings Inc. specializes in the research, development, and manufacturing of MDXX class molecules, including MDMA. The company aims to address the global demand for clinical-grade MDMA to facilitate clinical trials and support commercial sales in selected areas while also developing novel drugs in the same category. PharmAla is distinguished as the sole provider of clinical-grade MDMA for patient therapies outside of clinical trials.
Research and Development Initiatives
PharmAla’s research and development unit has completed proof-of-concept research into various intellectual property families, including ALA-002, its leading drug candidate. The company has been established under principles that promote excellent relationships with regulatory bodies, understanding that true success in the psychedelics industry relies on such collaborations.
For further inquiries, please contact:
Nicholas Kadysh
Chief Executive Officer
PharmAla Biotech Holdings Inc.
Email: press@PharmAla.ca
Phone: 1-855-444-6362
Website: www.PharmAla.ca
Frequently Asked Questions
What is the purpose of PharmAla's new tool?
The new tool provides researchers with direct access to important Chemistry, Manufacturing, and Control (CMC) data and investigator brochures related to MDMA.
How will this tool benefit researchers?
This tool simplifies the application process for clinical trials, making it easier for researchers to obtain grant funding and access necessary information about MDMA.
Who is PharmAla's new Chief Financial Officer?
PharmAla has appointed Mr. William Avery, CPA, CA, as Chief Financial Officer. He has previously served as a financial advisor and has experience with publicly traded companies.
What kind of research is PharmAla involved in?
PharmAla is engaged in the research, development, and manufacturing of MDXX class molecules, with a particular focus on MDMA. They are also developing novel therapeutic drugs within this category.
What makes PharmAla unique in the MDMA market?
PharmAla stands out as the only company providing clinical-grade MDMA for patient treatments outside of clinical trials, addressing the global need for such materials.
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