RE:Why Would Enveric Do This?This may be the "link" to MBIO I suggested in the first post. According to the Enveric website their next step for this particular formulation was in looking to do an FIH (first in human trial) in Australia. What better way to accomplish this then through a collaboration with an existing company (MBIO) that has already achieved several regulatory approvals for this type of research.
As SleepyDog said on CEO today and has repeated here before, MBIO is at the same stages of clinical trials as MindMed with a fraction of the market cap. Should MBIO start to get the same press who knows where the the sp could land in the not too distant future. It certainly doesn't hurt if this collaboration with a NASDAQ listed company comes to fruition.
GLTE!!! Always carry out your own DD!
https://www.enveric.com/pipeline/#eb-373