CAMH to make use of Filament’s pure psilocybin drug candidate for a scientific trial finding out treatment-resistant despair
VANCOUVER, BC, Nov. 17, 2022 /CNW/ – Filament Well being Corp. (OTCQB: FLHLF) (NEO: FH) (FSE: 7QS) (“Filament” or the “Firm“), a scientific‐stage pure psychedelic drug growth firm, right now introduced an settlement with the Centre for Dependancy and Psychological Well being (CAMH), Canada’s largest psychological well being educating hospital and one of many world’s main analysis centres within the subject. Filament will provide CAMH with its pure psilocybin drug candidate for a proposed scientific trial finding out the results of psilocybin for treatment-resistant despair (TRD). The trial will probably be funded by the first ever Canadian federal grant to review psilocybin.
“Therapy-resistant despair impacts thousands and thousands of individuals and is a number one reason for incapacity worldwide, and present remedies are restricted by both poor efficacy or tolerability,” mentioned Dr. Ishrat Husain, the CAMH trial’s lead investigator. “Present scientific knowledge means that psilocybin exhibits promise for treating treatment-resistant despair; our intention is to broaden on this analysis by analyzing whether or not psychedelic results are crucial to realize an antidepressant response. The trial design depends upon a provide of secure, top quality psilocybin so Filament Well being’s assist is essential to our success.”
Therapy-resistant despair (TRD) impacts as much as a 3rd of all depressed people, and leads to substantial purposeful decline and excessive mortality charges. Present remedy choices for TRD, can have both insufficient efficacy, antagonistic results, or are troublesome to entry. With this trial, CAMH intends to find out whether or not psychedelic-assisted psychotherapy with psilocybin is a viable various remedy, and whether or not psychedelic results are crucial for efficacy.
“CAMH is likely one of the world’s most well-regarded psychological well being analysis establishments,” mentioned Benjamin Lightburn, Chief Government Officer and Co-Founding father of Filament Well being. “We’re proud to donate our pure psilocybin drug candidate to assist this very important analysis. It is one other necessary step in our mission of getting secure, pure psychedelics into the palms of everybody who wants them, as quickly as attainable.
The scientific trial utility is below evaluate by Well being Canada with approval anticipated by January 2023.
ABOUT FILAMENT HEALTH (OTCQB: FLHLF) (NEO: FH) (FSE: 7QS)
Filament Well being is a clinical-stage pure psychedelic drug growth firm. We imagine that secure, standardized, naturally-derived psychedelic medicines can enhance the lives of many, and our mission is to see them within the palms of everybody who wants them as quickly as attainable. Filament’s platform of proprietary mental property permits the invention, growth, and supply of pure psychedelic medicines for scientific growth. We’re paving the best way with the first-ever pure psychedelic drug candidates.
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SOURCE Filament Well being Corp.
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