PharmAla Biotech Holdings, Inc. (TSE:MDMA) has released an update.
PharmAla Biotech Holdings Inc. has announced that the US Patent and Trademark Office granted a patent for their novel compound, P-1, which shows promise in treating neurological and psychiatric conditions with a low risk of abuse. The drug, now called APA-001, demonstrated beneficial properties in rodent models, including pro-social behavior and potential for inducing neuroplasticity. With its readiness for pre-clinical and clinical development, APA-001 could revolutionize the treatment of psychological trauma, brain injuries, and fear disorders.
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