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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

Comment by inviolablspiriton Jan 20, 2025 5:59pm
56 Views
Post# 36412472

RE:New Press Release - PharmAla To Supply Merhavim Mental Health Centre Clinical Trial in Exchange for Full Data License, in Partnership with MAPS Israel

RE:New Press Release - PharmAla To Supply Merhavim Mental Health Centre Clinical Trial in Exchange for Full Data License, in Partnership with MAPS IsraelI like the good will of PharmAla to step in and step up to provide the needed pills for MDMA-assisted therapy in an area of the world that is seeing so much trauma.  It's good Karma.  For a junior company on the stock exchange to do this is pretty much unheard of.  I know it is not without benefits to the company itself with their rights to the data collected in exchange for the pills, but it's nice to be invested in a company that seems to genuinely care about what they do and how they can help others.  Hopefully that also translates into a great investment, as Nick still has a responsibility to his shareholders.   Time will tell if all those involved with PharmAla in one way or the other (i.e. investor, company, client or patient) will prosper from the benefits of MDMA-assisted therapy and Pharmala's IP's.   Perhaps the ability to start providing pills for free in certain circumstances may suggest that financially the company is at the point of profitability. We will see very soon.  A possible win-win for all!
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