Mind Medicine ($MNMD) Doses First Patient in Phase 2b Trial to Treat Generalized Anxiety Disorder

August 25, 2022 at 16:20 PM EDT

Mind Medicine (MNMD), a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, has announced first patient dosing in its Phase 2b dose-optimization trial of MM-120, a pharmaceutically optimized form of lysergic acid diethylamide for the treatment of Generalized Anxiety Disorder.

The Phase 2b trial in patients diagnosed with GAD is a multi-center, parallel, randomized, double-blind, placebo-controlled, dose-optimization study. The trial plans to enroll 200 participants who will receive a single administration of up to 200 µg of MM-120 or placebo. The primary objective is to determine the reduction in anxiety symptoms 4 weeks after a single administration of MM-120, compared across the five treatment arms.

"The initiation of our Phase 2b clinical trial, the largest well-controlled clinical trial of LSD ever conducted, represents a major milestone for MindMed and for the many patients suffering from GAD," said Robert Barrow, CEO of MindMed. "This exciting next step in the advancement of LSD builds on the positive topline data presented by our partners at University Hospital Basel in May 2022, which demonstrated the rapid, durable, and statistically significant effects of LSD and its potential to safely mitigate symptoms of anxiety and depression."

MindMed trades on NASDAQ under the ticker symbol MNMD. For more information visit www.greenstocknews.com.

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