Collaboration between under-the-radar R&D firm and Miami medical school could unlock the secret to solving the mental health crisis…
To understand one of the most exciting advantages under-the-radar Canadian R&D company Lobe Sciences (CSE:LOBE | OTC:GTSIF) has over its competition, you need to head over the Canadian border and way south…
To Florida, in fact.
And, specifically, to Miami.
You see, the University of Miami’s Miller School of Medicine is internationally recognised as a leader in medical research.
In 2019, it was awarded $149 million by the National Institutes of Health (NIH) to fund its work…
And it’s been ranked by the Blue Ridge Institute for Medical Research in the top 40 medical schools in America.
Bottom line is, it’s a good school.
But, crucially, the Miller School has a licence from the US Drug Enforcement Administration to conduct research using Schedule 1 controlled substances.
Why is this important?
Because it means it can carry out and support research into psychedelic drugs, such as psilocybin.
Indeed, the collaborative research between Lobe (CSE:LOBE | OTC:GTSIF) and the Miller School into post-traumatic stress disorder (PTSD) and mild traumatic brain injury (mTBI) is already yielding very promising results.
However, with the psychedelics industry now taking off (it’s forecast to see a 16% rise year on year), numerous other companies are exploring new medical treatments too.
For many though, there’s a snag. Without the support of a licenced medical institution, the hope for FDA approval will likely remain just that…a hope.
Thanks to its special collaboration with the Miller School, it is already able to make excellent inroads towards the potentially transformative goal of FDA approval.
MOVING CONFIDENTLY THROUGH THE FDA CYCLE
As you may know already, there are essentially four stages in what’s known as the FDA cycle: acquisition, discovery, clinical development, and approval.
Thanks to its acquisition of Eleusian Biosciences in July 2020, Lobe Sciences (CSE:LOBE | OTC:GTSIF) it already has five provisional patent applications for unique combinations of psychedelics and medical devices to be used in the treatment of PTSD and mTBI.
This makes it active in the acquisition stage.
This is good, but it is also where many companies can get stuck.
It is now advancing into the second stage of discovery in two different ways.
First, there are the preclinical trials being carried out with the Miller School of Medicine. This is a huge step in itself.
But second, it is also carrying out additional work with San Diego engineering firm VisionWorks, developing new technology to actually apply its medicines and those of other companies.
Yet what’s even more encouraging is the fact that the FDA has now granted ‘breakthrough therapy’ status to several clinical trials already using psilocybin (a key compound in psychedelic medicines) to treat severe treatment-resistant depression.
And, the US health regulatory has also agreed to give those suffering from PTSD greater access to MDMA-assisted psychotherapy.
These moves—together with various states in the US beginning to decriminalise the medicinal use of psilocybin—are all early signifiers of a much larger psychedelic medicine revolution afoot.
One that could eclipse the boom we saw when cannabis was widely legalised in the US a few years back.
READ OUR EXCLUSIVE REPORT TO LEARN HOW LOBE SCIENCES (CSE:LOBE | OTC:GTSIF) HAS CEMENTED A LEADING POSITION IN THE BOOMING PSYCHEDELIC MEDICINE SECTOR
Proven experience in the business
For one, its recently appointed Chief Medical Officer, Maghsoud Dariani, is not only one of the most sought-after experts in psychedelic medicine, but—as president of Focus Pharmaceuticals—he has already managed the development and FDA approval of similar products.
And he’s not the only member of the team with proven experience in this still developing industry.
Mr Dariani is joined by the likes of seasoned CEO Tom Baird, internationally revered professor of psychiatry and neurosciences, Dr Mark A. Geyer, and Jonathan Gilbert, who himself has found a number of successful biotech companies.
When you consider their knowledge about psychedelics, together with their vast experience in steering such businesses to success, you realise just how exciting an opportunity Lobe (CSE:LOBE | OTC:GTSIF) represents.
And then, when you see that the company’s current valuation is under C$10 million in an industry where the average valuation is estimated to be around C$44 million, you realise just how smart an investment it could be right now.
Indeed, the rewards could be huge…
INVESTING IN A REVOLUTION
The fact is, when it comes to what’s happening in the psychedelic medicine industry right now, it is not unreasonable to use words like revolution and transformation.
Big changes are on the horizon.
We’ve already seen how the FDA itself is embracing the science and how regulation is being reduced.
And we’ve seen the industry is already forecast to grow 16.3% year on year.
But the real reason this space is poised to explode is much more fundamental…
It’s because we are facing a global mental health crisis.
And it’s a very real challenge.
In fact, the World Health Organisation has called it a “silent epidemic”.
There’s no wonder when it’s estimated 13% of the global population suffer from some form of mental disorder.
That’s nearly a billion people.
And in the US alone, it’s thought that one in five have a mental health problem.
Yet, as it stands, there is no standard treatment for many of these conditions.
This is why so many people are keen to explore psychedelic medicine. It offers a potential way to help solve this crisis.
That’s why people are moving on this…
And it’s why they’re moving fast.
For example, one study showed up to 80% of cancer patients being micro-dosed with psychedelics demonstrated reduced stress and anxiety.
And another international study published in Psychopharmacology found 79% of participants felt their mental health improved as a result of microdosing psychedelic medicine.
These are promising results, but naturally, there is more work to be done and new breakthroughs are happening all the time.
However, one thing is very clear…
With so many people impacted by mental health issues around the world, the companies at the forefront of this coming revolution will surely reap the rewards.
And we’ve seen in its crucial collaboration with the Miller School on psychedelic medicines and its ongoing development of new delivery devices that it is making huge leaps forward.
It’s an extremely hopeful advance for all those around the world suffering with mental health issues.
IN OUR EXCLUSIVE REPORT WE LOOK AT HOW THE TEAM OF EXPERTS LEADING LOBE SCIENCES (CSE:LOBE | OTC:GTSIF) ARE BREAKING REVOLUTIONARY GROUND IN THE MENTAL ILLNESS TREATMENT MARKET
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