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We believe we are one of the first researching teams designing drugs based on these metabolic interactions and we have multiple patents that we have filed based on our inventions. We have an exciting year ahead and will enjoy a tremendous amount of data to share with the community. Do you expect your collaboration with Miami University in Ohio to enable the rapid generation of stable psychoactive compounds cheaper and faster?

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Our initial collaboration is with Dr J. Andrew Jones who runs a lab in the chemical engineering department at Miami University. Dr Jones accomplished a research first! He and his team of students, post-docs and research professionals published and filed patents on the ability to engineer genetically modified bacteria to produce tryptamines cheaper, faster and greener than any published method.

We have expanded that research agreement and are taking advantage of the vivarium at Miami that we have full access to run a plethora of experiments on optimized tryptamines. We are not only working with the magic mushroom with these techniques, we are also studying other plants, fungi and non-natural products for an improved therapeutic benefit. We are also very open to partnership and collaboration within the community.

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You are working in the lab on several psychedelically inspired compounds from different fungi and plants. Will this work potentially lead to a new class of drugs? The entire purpose of the research being conducted at PsyBio Therapeutics is to improve patient outcome in a variety of indications. We have already moved two of our molecules outside of the research laboratories and are undergoing process development and the initiation of clinical batch manufacturing.

The other compounds that we are optimizing will undergo the same pathway. We are co-developing psilocybin as a monotherapy as we can provide drug cheaper, faster and greener than any other published method and the optimized cocktail as well.

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Are you preparing an investigational new drug IND application to study any of these compounds? Our goal is to at least file an IND on psilocybin by the end of the year and file on at least one optimized variation the following year. Where do you see the psychoactive medications industry in three to five years? And what does this mean for you as a company?

I believe that the treatment for depression and anxiety for the last 50 years has been barbaric. I personally think it is indisputable that we see this new therapy replace the market of toxic antidepressants. Why would anybody ever want to choose a typical antidepressant that takes weeks to start working and experience undesirable side effects when they can experience this novel therapy that is neither addictive nor lethal and based on published research, have an almost immediate positive therapeutic benefit. I think what separates us from a lot of biotechnology companies entering the space is our intellectual property position.

The most important foundations to any company is the team and what does the team own. Stacey begins by stating how the company is arguably 'three to five years ahead of many peers in terms of maturity model'. Numinus is a life sciences company with a focus on mental health and Data delayed 15 minutes unless otherwise indicated.

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Investor deep dive. Proactive: What are the reasons for PsyBio going public now? Is there any other core message the market needs to know about PsyBio? The ban affects individuals acting in or from the UK. Investors use these specified investments in order to leverage their capital in any give cryptoasset. Investors do this in order to capitalise on movements in price in the market.

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