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home / articles / pharmala biotech signs sale agreement with numinus b mwn benzinga


NUMIF - PharmAla Biotech Signs Sale Agreement with Numinus | Benzinga

  • TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- PharmAla Biotech Holdings Inc. ("PharmAla" or the "Company") (CSE:MDMA, OTC:MDXXF), a biotechnology company focused on the research, development, and manufacturing of LaNeo™ MDMA and novel derivatives of MDMA (MDXX class molecules), is pleased to announce that it had entered into a binding sales agreement with Numinus Wellness Inc. ("Numinus") (TSX:NUMI, OTCQX:NUMIF) to provide its GMP LaNeo™ MDMA for a prospective clinical trial.

    "PharmAla wishes Numinus success in their clinical trial application, and looks forward to supporting them in their efforts," said Nick Kadysh, Founding CEO, PharmAla Biotech. "LaNeo™ is undoubtedly the drug product of choice for MDMA clinical trial practitioners in Canada, and around the world – and of course, increasingly, for prescribers as well."

    Poster Presentation at Behaviour, Biology, and Chemistry (BBC) Conference

    PharmAla is also pleased to announce that key data relating to the in-vivo performance of its ABA family of drug candidates was presented by Dr. Fantegrossi, and colleagues at the 16th annual Behaviour, Biology and Chemistry conference in San Antonio, Texas, from March 22-24. The poster, entitled In Vivo Characterization of MBDB and its Enantiomers in C57 and Autism-like BTBR Mice, presents key findings from the ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: Numinus Wellness Inc.
    Stock Symbol: NUMIF
    Market: OTC
    Website: numinus.ca

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