Psilera Inc. Secures National Institutes of Health Grant for AUD Research
Small Business Innovation Research Grant will advance a novel neuroplastogen towards IND as potential treatment for Alcohol Use Disorder (AUD).
The 3-year, milestone-driven grant from the National Institute on Alcohol Abuse and Alcoholism (NIAAA) is worth up to
"We are thankful to the NIH for this funding which will enable us to quickly advance our research into AUD," said Dr.
In the
In pre-clinical studies, Psilera's novel psilocybin derivative shows potential as a new, non-opioid treatment for alcohol consumption. Leveraging the Psilera Third Eye™ platform, this unique neuroplastogen was selected from a large compound library and screening campaign focused on the serotonin receptor 5-HT2A. It has passed initial pre-clinical safety and toxicity assessments and specifically targets the serotonergic and glutaminergic pathways often affected by AUD.
This new therapy from Psilera, if approved, would provide AUD patients with a non-hallucinogenic and non-addictive treatment alternative where there currently isn't one. Ideally, this could allow for at-home administration of therapy, greatly reducing the stigma and burdens around AUD treatment.
About Psilera:
Psilera is a biotechnology research and development company founded to create medicines that change the way the world thinks. By harnessing the potential of natural products, the company advances neuroplastic therapies to help patients suffering from neurodegeneration and addiction. Psilera has amassed a leading pipeline of next-generation neuroplastogens including PSIL-006, a first-in-class therapeutic for the treatment of frontotemporal dementia (FTD). To learn more about this new era in mindful medicine visit www.psilera.com.
Media Contact:
Psilera Inc.
MDL Strategic Communications
[email protected]
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SOURCE Psilera Inc.
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