QualityStocksNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Planning Pilot Study of CYB004, Pursuing Multiple Opportunities to Secure, Support Patent Position for R&D
Cybin (NYSE American: CYBN) (NEO: CYBN), a leading ethical biopharmaceutical company working to advance psychedelic therapeutics for various psychiatric and neurological conditions, recently received its first official issued patent. The U.S. Patent and Trademark Office (“USPTO”) has granted patent 11,242,318 to Cybin’s proprietary CYB004, the company’s lead investigational proprietary DMT compound. According to Cybin CEO Doug Drysdale, the patent adds strong protection to the company’s growing intellectual property portfolio of psychedelic-based compounds, supporting and protecting the investments it is making in its CYB004 program. “Under the patent, allowed claims include a range of deuterated forms of DMT and 5-MeO-DMT; the…