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Bullboard - Stock Discussion Forum Nova Mentis Life Science Corp C.NOVA

Alternate Symbol(s):  NMLSF

Nova Mentis Life Science Corp. is a Canadian biotechnology company. The Company is engaged in developing diagnostics and psilocybin-based therapeutics for neuroinflammatory disorders. The Company has orphan drug designation in both the United States and European Union for the use of psilocybin in the treatment of fragile X syndrome (FXS). Its focus is to diagnose and treat debilitating chronic... see more

CSE:NOVA - Post Discussion

Nova Mentis Life Science Corp > News Release this a.m...........
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Post by Iseneschal on Feb 09, 2021 8:43am

News Release this a.m...........

Nova Mentis ships psilocybin to Italy

2021-02-09 03:32 PT - News Release

Mr. Will Rascan reports

NOVA MENTIS PSILOCYBIN APPROVED FOR SHIPMENT TO ITALY

Nova Mentis Life Science Corp.'s proprietary psilocybin drug has been shipped to the laboratory of Dr. Viviana Trezza, Roma Tre University, Rome, Italy. Nova was notified by its U.S. drug manufacturer that the required controlled substances export application had been approved by the U.S. Department of Justice Drug Enforcement Division (DEA).

The psilocybin will be evaluated in the continuing prenatal valproic acid (VPA) model of autism spectrum disorder (ASD). In this model, which is well accepted by neuroscientists, pregnant rats are exposed to VPA and the resultant offspring have ASD behavioural symptoms. This animal model mimics the behavioural and social deficits seen in human ASD.

"Psychedelic research is currently undergoing a renaissance and we, at Nova, are exuberant that the U.S. DEA has seen fit to approve the shipment of our proprietary psilocybin to Italy to be evaluated in ASD," stated Marvin S. Hausman, MD, chairman, Nova's scientific advisory board. "We look forward with great anticipation to be able to report that our drug ameliorated the social behavioural abnormalities in ASD. The therapeutic doses that will be established in the animal model will be extrapolated to a human study that is currently being designed."

The shipped psilocybin, greater than 95-per-cent purity, will be used to treat ASD offspring that have severe behavioural symptoms. This preclinical ASD diagnostic and treatment study began in January, 2021, and fecal specimens are being collected to measure changes that occur in the microbial environment within the intestines of pregnant mothers and offspring after VPA exposure of the pregnant mothers.

A Nova ASD microbiome diagnostic index is being generated that will be potentially applicable to establish subsets of disorders to be treated with psychedelic compounds within the human spectrum called ASD. Animals with severe ASD behavioural symptoms are scheduled in the current study to undergo treatment with Nova's proprietary psilocybin. Comparisons will be made with control animals. The treatment phase will begin once ASD symptomatic pups have been weened away from the mother.

The study is designed to determine the efficacy of psilocybin in ASD and to establish therapeutic amounts of the drug to be used in a coming human trial. Nova intends to file an investigational new drug (IND) application with U.S. and European regulatory agencies as soon as possible to begin phase 1 human trials.

About Nova Mentis Life Science Corp.

Nova Mentis Life Science is a Canada-based biotechnology company that is focused on the emerging field of psychedelic medicine. The company aims to become a global leader in this field by integrating the latest state-of-the-art medical and scientific technology into its drug development program. The goal is to diagnose and treat debilitating chronic conditions that have unmet medical needs, such as autism spectrum disorder (ASD)

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