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NeonMind has two business divisions focused on complementary aspects of the psychedelics market: a pharmaceutical division developing psilocybin-based drug candidates targeting obesity and weight management, and a medical services division which will be launching specialty mental health clinics in Canada that incorporate innovative, evidence-backed validated interventional psychiatry treatments for mood and anxiety disorders.

NeonMind is pursuing two distinct psilocybin drug development programs targeting obesity. NeonMind’s lead candidate, NEO-001, aims to produce neuropharmacological changes induced by psilocybin, in conjunction with psychotherapy, to achieve durable weight loss for patients suffering from obesity. NeonMind has an additional drug candidate, NEO-002, which employs low-dose psilocybin to control appetite.

NeonMind has partnered with leaders in the field of pharmaceutical research and development to advance its lead obesity drug candidates into human clinical trials.

Our medical services division is preparing to launch NeonMind-branded specialty mental health clinics across Canada, offering evidence-backed validated interventional psychiatry treatments tailored to local market needs. The Company has built a leading scientific advisory board, globally renowned for their expertise in practicing interventional psychiatry to treat mood and anxiety disorders. A medical services platform entrenched in the growing psychedelic sector, by improving access to validated treatments and incorporating the promising pipeline of psychedelic treatments as they are approved.

Our preclinical results in an animal model showed that psilocybin reduced weight gain by 31% and 28% for low and high dose psilocybin, respectively, relative to placebo. Significant reduction in weight gain was seen by day 4 for both treatments. 

Intellectual Property Portfolio

Our intellectual property applications covers a wide range of psilocybin-derived compounds and surrounds the spectrum of weight management conditions. We have eleven U.S. provisional and four Patent Cooperation Treaty (PCT) applications filed to date, with potential rights in 152 countries.