PharmAla Biotech Holdings, Inc. (TSE:MDMA) has released an update.
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PharmAla Biotech has expressed disappointment following the USFDA’s request for an additional Phase 3 trial for MDMA-assisted therapy for PTSD, which they supply for clinical trials. Despite this setback, the company remains optimistic due to its patent issuance for ALA-002, a novel MDMA derivative aimed at addressing safety concerns. PharmAla continues to support global clinical research and provides MDMA for treatments in Canada and Australia.
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