NetworkNewsBreaks – Cybin Inc. (NYSE American: C
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Cybin (NYSE American: CYBN) (NEO: CYBN) is a leading ethical biopharmaceutical company working to advance psychedelic therapeutics for various psychiatric and neurological conditions. The company is on the leading edge of a transformation that has seen the status of psilocybin evolve as a result of mounting public acceptance and growing evidence that the substance delivers remarkable health benefits. “After a flurry of research in the 1950s and 1960s, psilocybin and all other psychedelics were abruptly banned, partly in response to their embrace by the counterculture. Following the 1971 United Nations Convention on Psychotropic Substances, psilocybin was classed in the U.S. as a Schedule I substance… David Nutt, a neuropsychopharmacologist at Imperial College London, is quoted as saying: ‘It’s the worst censorship of research in history.’ This ‘censorship’ appears to be coming to an end as Nutt and others are leading a ‘research resurgence’…,” reads a recent article, which contains excerpts from a Scientific America report. “Cybin is heavily involved in this resurgence of research. The company is leading the industry in developing proprietary psychedelic-based therapeutics, with a pipeline featuring three psychedelic molecules – CYB003, CYB004 and CYB005 – that are delivered from CYBN’s novel drug-discovery platform.”
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