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Pharmala Biotech Holdings Inc C.MDMA

Alternate Symbol(s):  MDXXF

PharmAla Biotech Holdings Inc. is a Canada-based biotechnology company. The Company is focused on the development, manufacture and sales of methylenedioxy methamphetamine (MDMA) and methylenedioxy phenethylamines (MDXX) class molecules in service to the burgeoning clinical research community and growing commercial use cases in select jurisdictions. The Company has three primary business lines: the manufacture of MDMA and MDXX class molecules for sale to clinical researchers in both the commercial and academic sphere, the research and development of novel MDXX class compounds which offer unique benefits above and beyond known substances, and the development of novel delivery mechanisms for MDMA and MDXX class compounds. Its research and development unit has completed proof-of-concept research into several IP families, including ALA-002, its lead drug candidate. It works with laboratories across Canada to develop novel processes for the supply of LaNeo MDMA and other MDXX substances.


CSE:MDMA - Post by User

Post by inviolablspiriton Jun 06, 2024 10:31am
138 Views
Post# 36075157

Looking ahead

Looking aheadAs mentioned by Nick, his focus is places outside the US, so Pharmala will continue to truck ahead.  Nothing has really changed for them. There are many drugs that are approved In Europe and Canada that are not approved in the US.  As Nick pointed out in his last interview the cost to do business in the US is about $100 million or more for clinical trials.   So his focus has always been other countries.  And other countries will moving to do their own clinical studies which is where Pharmala comes in as a possible supplier or partner.  
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