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0 0 0 0 0.00869565217391305 -0.00869565217391305 0.0243478260869565 -0.0173913043478261
Stock impact report

Clearmind Medicine CEO Issues Letter to Shareholders [Yahoo! Finance]

Clearmind Medicine Inc. (CMND) 
Company Research Source: Yahoo! Finance
biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, today provided the following letter to shareholders from the Company's CEO, Dr. Adi Zuloff-Shani: “In 2023, Clearmind made significant advances on its groundbreaking journey, propelling our flagship compound, CMND-100, through critical stages with a goal of revolutionizing the treatment of alcohol use disorder (AUD) as well as other addictive disorders and mental health conditions. Recently, our efforts reached a key inflection point as the Israeli Ministry of Health approved our Phase I/IIa clinical trial for CMND-100 for AUD. CMND-100, a pioneering MEAI-based (5-methoxy-2-aminoindane) formula, has exhibited encouraging results in pre-clinical studies. Notably, it has shown the ability to disrupt the destructive cycle of binge drinking without inducing hallucinations—a common concern with existing treatments. This distinction is vital as it en Show less Read more
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