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0 0 0 0 0.00970873786407768 0.0145631067961166 0.00970873786407768 0.00961165048543691
Stock impact report

Enveric Biosciences Reports Financial Results and Provides Corporate Update for Fourth Quarter and Fiscal Year Ended 2023

Enveric Biosciences, Inc. (ENVB) 
Company Research Source: Business Wire
Product Development Highlights:Selected neuroplastogen lead candidate EB-003, a potential first-in-class therapeutic option for addressing difficult-to-treat mental health disorders by promoting neuroplasticity without inducing hallucinations.Started IND-enabling preclinical activities for EB-002 and completed important repeat-dose toxicology studies, genotoxicity studies, and key cardiac, respiratory, and CNS safety pharmacology studies.Corporate and Business Development Highlights:Signed three non-binding term sheets with an undisclosed biotechnology company to pursue the out-licensing of three classes of compounds from the Company’s extensive portfolio of assets.Signed two additional non-binding term sheets with a second undisclosed biotechnology company to pursue the out-licensing of pharmaceutical and non-pharmaceutical applications of cannabinoid conjugate compounds.Expanded intellectual property portfolio through Q1 2024 with seven patent issuances protecting composition of mat Show less Read more
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