FSD Pharma Info Armed with a strong balance sheet, solid pipeline, and renowned clinical team, FSD intends to advance its lead drug candidates through clinical trials with the goal of providing therapies to the millions suffering from neurodegenerative and neuropsychiatric conditions.
Additional FSD Highlights
- A strong balance sheet represented by no debt and over USD$43.2 million in cash as of June 30, 2021.
- Today there is no cure for Multiple Sclerosis (MS). FSD Pharma will attempt to change that for millions of suffering people. FSD’s proprietary compound Lucid-MS has shown promising results to reverse progressive MS, in several animal models
- Well-positioned to advance current pipeline and aggressively pursue additional acquisitions that present compelling opportunities across the psychedelics and innovative biotech space focused on “Total Brain Health”.
- Renowned clinical team led by Dr. Lakshmi P. Kotra, Senior Scientist at Krembil Brain Institute, University Health Network (UHN), and Professor of Medicinal Chemistry at the University of Toronto. Dr. Kotra serves as CEO of FSD Pharma’s wholly-owned subsidiary, Lucid Psycheceuticals.
With experienced leadership, a diverse pipeline of clinical assets accompanied by exclusive licensing rights, and therapies advancing to treat pervasive medical conditions, like inflammation, MS and Depression, FSD Pharma is on a strong trajectory for growth.
Relevant articles/videos:
FSD Pharma ‘excited’ to acquire pharma group Lucid Psycheceuticals to complement existing efforts
FSD Pharma to continue opportunistic acquisitions in endocannabinoid and psychedelic segments – executive
FSD Pharma, Developing Treatments for Mental Health Disorders