for anxiety and opioid use disorder, applied for an up-listing on the Nasdaq on Monday.
“Besides psychedelic medicines, there are very few transformative and new approaches to mental health,” says Rahn. “Institutional and Wall Street investors are recognizing that there needs to be novel approaches to these vast problems and if they are psychedelic medicines, so be it.” The company’s founding asset is 18-MC, a non-hallucinogenic version of ibogaine, which has been used in rites passages in West Africa for hundreds of years and more recently as an underground treatment for opioid withdrawal. The company hopes 18-MC could become the “antibiotic for addiction,” says Rahn. Dr. Stanley Glick, the inventor of 18-MC, joined MindMed last year and is preparing a phase two study targeting opioid withdrawal and opioid use disorder.
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La source: CNBC - 🏆 12. / 72 Lire la suite »
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La source: CNBC - 🏆 12. / 72 Lire la suite »
Amazon and three other most loved Nasdaq 100 stocks have seen September slumpsAmazon, PayPal, Alphabet and Facebook — the stocks with the most buy ratings on the Nasdaq 100 — have fallen by double digits this month. 4th Q not looking good? Amazon still has a Price-to-Earnings ratio of 116 which is absurd. its easy to get swayed by day to day investment news. Get a long term investment strategy and sit it out come rain or sun. either value or growth investment, whichever you choose.
La source: CNBC - 🏆 12. / 72 Lire la suite »