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home / news releases / CYBN:CC - Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Pioneering Efforts as Studies Research Show Psilocybin's Potential in Treating AUD


CYBN:CC - Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Pioneering Efforts as Studies Research Show Psilocybin's Potential in Treating AUD

  • A new study shows promise in treating alcohol addiction with psychedelic mushroom compound, psilocybin
  • These results align with efforts and expectations of Cybin, a leading ethical biopharmaceutical company championing psilocybin
  • After receiving FDA approval, the company is moving forward with a first-in-human clinical trial evaluating CYB003

A new study published in JAMA Psychiatry offers hope for those struggling with alcoholism (https://ibn.fm/jV5o9), showing promise in treating alcohol addiction with the psychedelic compound psilocybin. This news aligns with initiatives of Cybin (NEO: CYBN) (NYSE American: CYBN), a leading ethical biopharmaceutical company, which has a drug in development, CYB003, for the treatment of alcohol use disorder (“AUD”) and major depressive disorder (“MDD”) (https://ibn.fm/5IPD1).

In addition to reporting three million deaths annually attributed to alcohol use (5.3% of all deaths), the World Health Organization (“WHO”) states that the harmful use of alcohol is a causal factor in more than...

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NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at http://ibn.fm/CYBN

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Stock Information

Company Name: CYBIN INC.
Stock Symbol: CYBN:CC
Market: AQNC

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