Mycotopia Therapies and Agile Pharmaceutical Solutions plan to conduct oversight and development of the tablet in Jamaica and explore the possibility of partnering with Havn Life Sciences (CSE: HAVN) (OTC Pink: HAVLF) in Jamaica for raw materials and developing the tablet. In August Mycotopia Therapies, Inc. announced it had entered into a Psilocybin Supply Agreement with Havn Life Sciences to purchase naturally-derived psilocybin. Should the Joint Venture be granted Health Canada Psychedelics License, the terms of the agreement call for moving the operations to Canada for final testing to prove efficacy of the tablet.

Sublingual tablets are placed under the tongue. There, they dissolve rapidly beneath the tongue and enter directly into the tiny blood vessels beneath. Via these capillaries, sublingual drugs can enter the bloodstream much more quickly than oral medications. Sublingual tablets dispense the full amount of medication directly into the bloodstream without experiencing liver metabolism. As a result, physicians can prescribe smaller dosages that are guaranteed to reach their intended target. Because a sublingual dose of medicine is administered and absorbed under the tongue, it bypasses the stomach and its contents on its way to the bloodstream. As a result, sublingual drugs do not interact with foods and other medications before absorption. The dosage does not cause or experience interference by other medications and does not cause the gastrointestinal irritation of some oral medications. Individuals who have trouble swallowing or have pill aversions sometimes avoid taking medications due to the stress caused by oral medications. Sublingual versions of the same medicines can make taking prescription medications much easier, as the tablet does not need to be swallowed.

Moe Harati, Ph.D., Founder & CEO of Agile Pharmaceuticals Solutions Inc., said, "This partnership will help us to combine forces and help people live a longer healthier happier life by utilizing Agile Pharma’s intellectual property & expertise in developing innovative high-quality products and Mycotopia’s outreach and resources."

Prof. Dr. Bankole Johnson, Medical Advisor to Mycotopia Therapies‘ Board, said, “An interesting development, which may allow future further exploration of psychedelics to treat psychiatric disorders.” Bankole A. Johnson, DSc, MD, MPhil, FRCPsych is a licensed physician and board-certified psychiatrist throughout Europe and the United States who served as Alumni Professor and Chairman of the Department of Psychiatry and Neurobehavioral Sciences at the University of Virginia. Dr. Johnson's primary area of research expertise is the psychopharmacology of medications for treating addictions, and he is well known in the field for his discovery that topiramate, a gamma-aminobutyric acid (GABA) facilitator and glutamate antagonist, an effective treatment for alcoholism.

https://www.globenewswire.com/news-release/2021/11/17/2336391/0/en/Mycotopia-Therapies-Announces-Plan-to-Develop-Psychedelic-Sublingual-Tablet-to-Help-Treat-Depression.html