PsychedelicNewsBreaks – FSD Pharma Inc.’s (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A) Lucid Psycheceuticals Files for Patent on Novel Formulations of Palmitoylethanolamide
Jul 13, 2022
FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FSE: 0K9A), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions, today announced that is wholly owned subsidiary, Lucid Psycheceuticals Inc., filed a provisional patent application on novel formulations of palmitoylethanolamide (“PEA”). According to the update, the new patent application is based on the results of completed preclinical animal toxicology studies and phase 1 clinical trial using FSD201 (ultramicronized PEA), sponsored by FSD Pharma. The company is diligently pursuing the clinical development of FSD201 for various indications. FSD Pharma recently announced the submission of an Investigational New Drug application with the U.S. Food and Drug Administration (“FDA”) and Health Canada detailing a planned phase 2 clinical trial of FSD201 for the treatment of a yet-to-be-disclosed inflammatory disorder. The company is fortifying its intellectual property position through additional novel formulations using PEA with superior biopharmaceutical profiles to serve patients in need. “New patent applications are a critical step for protecting our assets in the development of effective therapeutics targeting brain and inflammatory disorders,” said Dr. Lakshmi P. Kotra, CEO of Lucid Psycheceuticals. “Novel, high-quality treatments and intellectual property are important to us as an innovation-driven company, and I am very pleased with our team’s performance to stay on target towards the key milestones in 2022, including the planned phase 2 trial of FSD201.”
To view the full press release, visit https://ibn.fm/NLhqI
About FSD Pharma Inc.
FSD Pharma is a biotechnology company with three drug candidates in different stages of development. FSD BioSciences Inc., a wholly owned subsidiary of FSD Pharma, is focused on pharmaceutical research and development of its lead compound, FSD201, an ultra-micronized PEA, for the treatment of inflammatory diseases. Lucid Psycheceuticals Inc., a wholly owned subsidiary of FSD Pharma, is focused on the research and development of its lead compounds, Lucid-Psych and Lucid-MS. Lucid-Psych is a molecular compound identified for the potential treatment of mental health disorders. Lucid-MS is a molecular compound identified for the potential treatment of neurodegenerative disorders. For more information, visit the company’s website at www.FSDPharma.com.
About PsychedelicNewsWire
PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.
To receive instant SMS alerts, text “Groovy” to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.PsychedelicNewsWire.com
Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published: https://www.PsychedelicNewsWire.com/Disclaimer
Do you have questions or are you interested in working with PNW? Ask our Editor
PsychedelicNewsWire (PNW)
San Francisco, California
www.PsychedelicNewsWire.com
415.949.5050 Office
[email protected]
PsychedelicNewsWire is part of the InvestorBrandNetwork.
More News
RJ Mitte Is Remembered by Bryan Cranston, Vince Gilligan and Others From ‘Breaking Bad’
Bryan Cranston, Vince Gilligan, Anna Gunn and others shared their shock and sadness at the loss. “I’ll miss you, son,” Cranston wrote.
Donald Trump To Appeal Judge’s Ruling That Sidelined White House Ban On CNN, Politico And MS NOW
Donald Trump filed a notice of appeal of a judge’s ruling that has put on hold the White House ban on CNN, MS NOW and Politico from the grounds. U.S. District Judge Timothy Kelly, a Trump appointee, granted the media outlets a preliminary injunction, which prevents the administration from revoking hard passes of their personnel […]
Music Industry Moves: Mohnish Sani Joins Hybe Americas
Mohnish Sani has joined Hybe Americas in the newly created role of Head of Strategy and Growth, the company announced on Wednesday. In the role he will focus on long-term growth across the Americas markets and work with Hybe Korea’s strategy team; he will be based in New York and will report to Hybe Americas […]
HBO Just Announced That Lena Dunham's "Girls" Is Being Revived After A Decade, And I Haven't Seen The Internet This Excited In Ages
"hannah horvath in mamdani's new york.." View Entire Post ›
‘Red Sonja’ Producer Christa Campbell Launches Film & TV Company XTA Media
EXCLUSIVE: LA-based producer-financier Christa Campbell has launched film, TV and media company XTA Media, which has seed funding from London and Denmark-based private investment firm Three Thousand Capital. Campbell’s credits as a producer and exec producer include Hellboy, Rambo: Last Blood, The Iceman, Leatherface, The Hitman’s Bodyguard, The Hitman’s Wife’s Bodyguard, Texas Chainsaw 3D, Tesla, […]
Everything We Know About ‘The Gilded Age’ Season 4 So Far
The culture clash will continue in Season 4 of Julian Fellowes’ HBO period drama The Gilded Age, based on the turn-of-the-century time period in America that lasted between 1870 and 1900. Some familiar faces have been promoted to series regulars since Season 3, and some new faces are joining the cast to play big-name historical […]
Kathy Griffin Explains Why She Believes Kelly Clarkson Is Telling the Truth in Art of Play Controversy
Kathy Griffin, who says she knows Kelly Clarkson, is revealing why she is “Team Kelly” in the Art of Play […] The post Kathy Griffin Explains Why She Believes Kelly Clarkson Is Telling the Truth in Art of Play Controversy appeared first on Just Jared - Celebrity News, Entertainment News & Photos.
New documentary featuring Queen Camilla airs tonight
New documentary featuring Queen Camilla airs tonight A new documentary featuring Queen Camilla will air on BBC Two tonight at 9pm.The documentary is aimed at reversing the decline in reading for enjoyment in the UK.A statement released by the Queen’s Reading Room Charity on...
Celine Dion Gets Her Own Barbie Doll Inspired by Iconic ‘Titanic’ Oscars Performance
Celine Dion’s comeback year now includes a Barbie doll. Mattel has unveiled a new collectible doll honoring the Canadian superstar, recreating her look from the 1998 Academy Awards, where she performed “My Heart Will Go On” from James Cameron’s “Titanic.” The $60 doll is available exclusively through Mattel Creations. The Barbie Signature release features Dion’s […]
List Of Hollywood & Media Layoffs From Paramount To Warner Bros Discovery To CNN & More
Media layoffs across the entertainment industry are hitting hard after the past two years’ avalanche of job cuts. The unfortunate trend can still be felt following the Covid-19 pandemic, dual Hollywood strikes and — the latest event to hit Los Angeles hard: a series of wildfires that broke out in January 2025. As the entertainment […]
Steve Hilton, Republican Candidate for Governor, Rolls Out Expanded Hollywood Plan
Steve Hilton, the Republican contender for California governor, rolled out a plan Wednesday to revive Hollywood production that includes increased tax credits and state-backed financing for studio repairs. Hilton, who is trailing Democrat Xavier Becerra in the polls, had previously promised to eliminate the $750 million cap on the state’s film incentive and to include […]
Emmitt Smith Talks ‘Dancing with the Stars,’ Taylor Swift’s Impact on the NFL and the State of the Dallas Cowboys Under Dak Prescott: ‘He’s the Best We’ve Got’
This is a big year for Emmitt Smith. The NFL’s all-time leading rusher, Hall of Famer and anchor of the Dallas Cowboys’ hard-partying dynasty that won three Super Bowls in the ‘90s is celebrating the 30-year anniversary of his final Super Bowl win — which also happens to be the last time the Cowboys won […]
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.