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Mind Medicine (MindMed) Inc N.MMED.WR


Primary Symbol: MNMD Alternate Symbol(s):  N.MMED.WS | N.MMED.WA | N.MMED

Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen drug classes, including MM-120 and MM-402, the Company's product candidates. MM120, is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that it is developing for the treatment of generalized anxiety disorder (GAD). MM-120 is also being studied in a subperceptual repeat administration dosing regimen for the treatment of attention deficit hyperactivity disorder (ADHD). MM-402, also referred to as R(-)-MDMA, is the Company's form of the R-enantiomer of 3,4-methylenedioxymethampheta (MDMA), which the Company is developing for the treatment of autism spectrum disorder (ASD).


NDAQ:MNMD - Post by User

Post by Jimineeon Feb 11, 2021 9:21pm
312 Views
Post# 32548699

How do psychedelic companies make money?

How do psychedelic companies make money?I see three types of activities and some companies will have all three.

1) growing, producing, manufacturing drugs
2) psychotherapy services accompanying use of drugs
3) associated services, eg media, patient management, etc.

(1) I know drugs are being patented, but how different will these drugs --- even if they are synthesized -- be from what can be bought on the grey market, as now occurs for marijuana which underprices the legal product?

(2) I wonder how profitable these services can be. Also, stand alone psychotherapists, with much lower overheads, could compete directly with these companies.

(3) What kind of companies here will be profitable?

Thankyou for your assistance.
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