Mind Cure Health Begins Manufacturing Synthetic Ibogaine

Mind Cure Health (CSE: MCUR) this morning announced that it has begun the first stage of the manufacture of pharmaceutical grade ibogaine. The compound is to be used by the company for both preclinical and clinical research.

The compound is being focused on by the company as a result of it being a naturally occurring psychoactive compound. It reportedly offers therapeutic potential for substance use disorders, and contains anti-addiction properties, while demonstrating unique and broad actions in the brain that impact multiple receptors and neurotransmitter systems.

The manufacture of a synthetic variant is a function of the limited natural sources of the compound due to global demand. By manufacturing the compound, it will enable Mindcure’s research team to have a predictable and standardized supply of the compound, ensuring consistent dosing and results.

“Ibogaine is among a few psychoactive alkaloids found in the iboga plant. Ibogaine offers incredible therapeutic potential, especially in the context of neuroregeneration. Manufacturing ibogaine gives us the ability to pursue promising research avenues and obtain high-quality results, without threatening the existence of the plant and limiting the natural supply of an amazing psychedelic.”

Dr. Ryan Hartwell, Chief Science Officer

The manufactured compound is currently slated to be ready for use in research by the fourth quarter of 2021.

Mind Cure Health last traded at $0.51 on the CSE.


FULL DISCLOSURE: Mind Cure Health is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Mind Cure Health on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

Mind Cure Announces new CTO, Geoff Belair

This morning Mind Cure Health Inc. (CSE: MCUR) announced the hiring of Geoff Belair as...

Thursday, October 15, 2020, 09:39:12 AM

Mind Cure Health Focuses On Research Into Psychedelics For Traumatic Brain Injury

Mind Cure Health (CSE: MCUR) as of this morning has seen the transition of one...

Wednesday, February 17, 2021, 07:27:04 AM

Mind Cure To Acquire LNG Energy Group In RTO Deal

Mind Cure Health (CSE: MCUR) is set to enter the energy sector. The firm this...

Friday, November 18, 2022, 09:32:12 AM

Mind Cure Receives Health Canada Approval For Sale Of Moonbeam Mushroom Products

Mind Cure Health (CSE: MCUR) has received the required authorizations from Health Canada for its...

Wednesday, September 23, 2020, 08:33:06 AM

Mind Cure Announces $10.0 Million Bought Deal Financing

Mind Cure Health (CSE: MCUR) this afternoon revealed that it is conducting a bought deal...

Thursday, January 21, 2021, 04:01:29 PM