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Universal Ibogaine Inc V.IBO

Alternate Symbol(s):  IBOGF

Universal Ibogaine Inc. is a Canada-based life sciences company. The Company is transforming addiction treatment using medicalized ibogaine through a planned Canadian clinical trial focused on opioid use disorders. The Company is engaged in developing a holistic addiction treatment protocol at its Kelburn Recovery Center (located near Winnipeg, Manitoba), which paired with the planned ibogaine detox protocol, is intended to treat addiction and improve the lives of individuals and families affected by addiction. Ibogaine is a naturally occurring molecule derived from the root bark of the iboga tree and other plants. It is a potent and serious medical psychedelic which has addiction interrupting properties. Ibogaine targets multiple receptors across multiple sites in the brain and metabolizes into noribogaine, a serotonin re-uptake inhibitor that remains in the body for 1-4 months, associated with elimination of addictive cravings.


TSXV:IBO - Post by User

Post by AbbasHaideron Oct 12, 2021 3:13pm
92 Views
Post# 33998362

Universal Ibogaine is using alternative addiction treatments

Universal Ibogaine is using alternative addiction treatmentsBNN Bloomberg published an article about Universal Ibogaine Inc. The article discusses how current treatments are not effective in combatting drug addicition and Universal Ibogaine's alternative medicine treatment methods.

Universal Ibogaine’s focus on opioid addiction stems from a current limited effectiveness of substitution treatments that replace illicit potent opioids with less potent opioids that can be monitored. Unfortunately, the results of this method have not been sufficiently effective. As Dr. Rami Batal, CEO of Universal Ibogaine notes, “If you look at the relapse rate with substitution treatments, within a year, you might see nine out of ten patients relapse. And although every bit helps, and substitution therapy constitutes a good start in battling this complex illness, a success rate of 10 per cent clearly leaves much to be desired”
 

The company is developing a holistic and involved care model, ultimately to be centered on ibogaine detox, which views and tackles addiction as the complex, chronic, disease that it is. Addiction is at least as complicated as for example diabetes, and the approach to treating it should be equally multi-modal and prolonged. The company’s clinical approach will involve using ibogaine to disrupt addiction, eliminate cravings for several months, and create a window of clarity for patients in which multiple compatible and complimentary treatment modalities can be applied. The intent is to treat addiction by also addressing the underlying causes of addiction and concurrent mental and behavioral health disorders, such as depression and anxiety.

Find out more about Universal Ibogaine Inc: https://universalibogaine.com/

Read the full article: https://www.bnnbloomberg.ca/universal-ibogaine-is-spearheading-a-new-approach-to-addiction-treatment-1.1662167

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