, is developing 5-MeO-DMT, the psychoactive compound found in the Sonoran Desert toad and some plants, to target treatment-resistant depression as well.often do thorough checks into the validity and strength of patents, there's a big drawback to betting on a company that doesn't have its patents granted: You don't know what else is out there.
The companies Insider spoke with said they actively researched prior patents and roadblocks to IP strategies. But experts say that at this stage, it's impossible to know whether your company's pending patent is one of a kind. But it can take anywhere between a year and three years before patents receive final approval. Until then, the person or company that filed the application doesn't officially own the rights to anything.— Atai Life Sciences, Compass Pathways, GH Research, MindMed, and Cybin — have submitted or already own the rights to at least 157 patents, according to public filings reviewed by Insider, and have acquired others through deals.
Which patents are granted has the potential to upend the ways that companies have thus far been able to raise money, Chris Byrnes, a registered patent attorney and IP-risk advisor, told Insider.
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