InvestorNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Secures IRB Approval to Commence Study of Psilocybin Formulation in Treatment of Major Depressive Disorder

May 18, 2021

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has announced that the Institutional Review Board (“IRB”) at the University of the West Indies Hospital in Jamaica has granted approval to commence the study of its sublingual psilocybin formulation (“CYB001”) in a Phase II clinical trial for patients suffering with major depressive disorder (“MDD”). Commencement of the trial is subject to final confirmation of study material specifications by Jamaica’s Ministry of Health. “IRB approval for our study protocols is an important step forward to begin testing our proprietary psilocybin formulation delivered via absorption under the tongue in patients with major depressive disorder,” said Cybin CEO Doug Drysdale. “We are planning several additional studies to expand our clinical understanding of this potentially ground-breaking therapeutic. Cybin continues to expand on its four active drug programs targeting depression, addiction and other psychiatric conditions alongside its growing portfolio of 50+ proprietary psychedelic molecules. This latest IRB approval moves Cybin closer to unlocking the potential of more scalable therapeutics.”

To view the full press release, visit https://ibn.fm/oZTrB

About Cybin Inc.

Cybin is a leading biotechnology company focused on progressing psychedelic therapeutics for mental illness and addiction by utilizing proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for psychiatric disorders. For more information, visit the company’s website at www.Cybin.com.

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

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

More News

My broken office printer has more job security than me: Corporate employee's rant on why a machine can't be disposed unlike humans goes viral
Oct 30, 2026
My broken office printer has more job security than me: Corporate employee's rant on why a machine can't be disposed unlike humans goes viral

A corporate employee's account of a printer that has been broken since 2021 but cannot be disposed of because of company policies has sparked online reactions. After repeated rejections from Finance and Facilities, the employee was eventually made the machine's official custodian, joking that it had more job security than he did.

eMudhra appoints KPMG to conduct independent review of TLS certificate incident
Oct 30, 2026
eMudhra appoints KPMG to conduct independent review of TLS certificate incident

Digital trust provider eMudhra appointed KPMG to conduct an independent review of a recent TLS certificate incident. This appointment follows a commitment made by the company to ensure clarity regarding the incident. The incident involved weak private keys associated with several certificate authorities, which remained undetected for a significant period. As a result, eMudhra has withdrawn from its global SSL/TLS certificate business due to security concerns.

Nepalese NGO plans to set up India-Nepal joint tourism council
Oct 30, 2026
Nepalese NGO plans to set up India-Nepal joint tourism council

The proposed council will bring together tourism experts, travel and tour operators, hotel and resort managers, hospitality professionals and other stakeholders from both countries

Rs 5 Lay's packet, Rs 8,000 compensation! Man finds just 4 grams of chips instead of 15 grams; court orders PepsiCo to pay with interest
Oct 30, 2026
Rs 5 Lay's packet, Rs 8,000 compensation! Man finds just 4 grams of chips instead of 15 grams; court orders PepsiCo to pay with interest

A Jaipur consumer commission has directed PepsiCo to pay Rs 8,000 in compensation and litigation expenses to a customer who alleged that a Rs 5 Lay's packet contained only 4 grams of chips instead of the declared 15 grams. The company must also refund Rs 5 with 6% annual interest. The complaint against retailer Metro Cash & Carry was dismissed.

World Wrestling Championships: Manisha Bhanwala A Win Away From Creating History
Oct 30, 2026
World Wrestling Championships: Manisha Bhanwala A Win Away From Creating History

Manisha Bhanwala advanced to the women's 59kg final at the World Championships, keeping India's gold medal hopes alive.

Delhi air force ground closure: Why govt is reclaiming prime Lutyens land near PM house including Race Club, Jaipur Polo Ground and Gymkhana Club
Oct 30, 2026
Delhi air force ground closure: Why govt is reclaiming prime Lutyens land near PM house including Race Club, Jaipur Polo Ground and Gymkhana Club

The closure of the Air Force Sports Complex on October 28 is the latest development in the government's drive to reclaim prime land near Lok Kalyan Marg. After taking over the Delhi Race Club and Jaipur Polo Ground and terminating the Delhi Gymkhana Club's lease, questions remain over the Centre's plans for these properties.

DHFL Case: Delhi court rejects CBI plea for additional charges against Wadhawan brothers, says it cannot review charge order
Oct 30, 2026
DHFL Case: Delhi court rejects CBI plea for additional charges against Wadhawan brothers, says it cannot review charge order

A special court in Delhi denied the CBI's request for additional charges against Kapil Wadhawan and Dheeraj Wadhawan. The court stated that it could not review its earlier decisions except for clerical errors. Special Judge Sanjeev Kumar Malhotra noted that charges had already been properly framed against the accused. The CBI's arguments for new charges were deemed unsubstantiated and informal.

DHFL Case: Delhi court rejects CBI plea for additional charges against Wadhawan brothers, says it cannot review charge order
Oct 30, 2026
DHFL Case: Delhi court rejects CBI plea for additional charges against Wadhawan brothers, says it cannot review charge order

A special court in Delhi denied the CBI's request for additional charges against Kapil Wadhawan and Dheeraj Wadhawan. The court stated that it could not review its earlier decisions except for clerical errors. Special Judge Sanjeev Kumar Malhotra noted that charges had already been properly framed against the accused. The CBI's arguments for new charges were deemed unsubstantiated and informal.

Elon Musk warns  ‘game over’ if Democrats sweep 2028 elections
Oct 30, 2026
Elon Musk warns ‘game over’ if Democrats sweep 2028 elections

Elon Musk has urged voters to back Republican Senate candidates in the November 3 midterms, warning that a future Democratic sweep of the presidency and Congress could lead to changes such as DC and Puerto Rico statehood and an expanded Supreme Court. His intervention comes as he pours hundreds of millions of dollars into Republican candidates and political groups, making him one of the most influential donors of the election cycle.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Daily World Feed

Get yourself immersed in engaging topics right here. Daily World Feed is a multi-platform media, providing you latest breaking news straight from the industry.

Sign Up