Mental health disorders have long been a significant global challenge, affecting millions of individuals and placing an immense burden on healthcare systems worldwide. Despite substantial investments in research and development, many CNS disorders remain inadequately treated, highlighting the need for innovative approaches to mental health treatment.
While both compounds are in the pre-clinical development stage, Enveric plans to file a regulatory application to begin a first-in-human clinical trial for EB-003 in Australia and an Investigational New Drug application for EB-002 in the U.S.CEO Joseph Tucker believes that EB-003 is a groundbreaking neuroplastogen drug candidate that offers the potential to treat severe mental health disorders without the hallucinogenic effect typically associated with psychedelic-based molecules.
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