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Cybin Inc CYBN


Primary Symbol: N.CYBN

Cybin Inc. is a Canada-based clinical-stage biopharmaceutical company. The Company creates psychedelic-based therapeutics to address the unmet need for treatment options for people who suffer from mental health conditions. Its N,N-dimethyltryptamine (DMT) and dDMT programs creates a dataset of systematic research on these psychedelic molecules. The Company is developing CYB003, a proprietary deuterated psilocybin analog for the treatment of major depressive disorder and CYB004, a proprietary deuterated dDMT molecule for generalized anxiety disorder and has a research pipeline of investigational psychedelic-based compounds. CYB003 moves to Phase III and CYB004 moves to Phase II. It has an intellectual property portfolio in the psychedelic drug development sector with over 30 patents granted and 160 patents pending. The Company operates in Canada, the United States, the United Kingdom, the Netherlands and Ireland.


NEO:CYBN - Post by User

Post by 88guy88on Nov 27, 2020 1:26pm
752 Views
Post# 31990231

The Plan

The Planaccording to the statement above the company is launching products in legal jurisdictions.....along with a couple of handfuls of other companies competing for the same space....Oregon Holland Brazil.....

the market is limited right now and the competition is lively...future markets are unknown

as far as studies go on the efficacy of benefits of psilocybin we have a study in early 2021 with results likely by June 2021.....other companies are also doing studies to prove benefits for depression and anxiety and such....but studies don't make money and profit...sales do

our competative edge is strip application although Revive has a similar strip application....we are all cashed up with 45 million 

the big question.....how do we excel in a overcroweded space with limited current market and really nothing proprietary......I think that explains the big out of shares at 70 cents....time will tell
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