Revive Therapeutics Completes Psilocybin Oral Thin Film Strip Product

Revive Therapeutics (CSE: RVV) has completed its oral thin film strip product for psilocybin after several months of prototyping. The company made the announcement this morning that the product, developed via a research partnership with Reed Research Group from the University of Wisconsin-Madison, has been completed with several dosage ranges available.

The oral thin film strip products are capable of containing psilocybin dosages ranging from 1 mg to that of 20 mg. Current technical and scientific data is being processed on the product, however it is said to have demonstrated a sufficient tensile strength of the film, as well as positive results in terms of dissolution and disintegration and rate of dosage release from the composite.

The product is being treated as a unique delivery platform for therapeutic dosages ranging from 1 to 20 mg of psilocybin within the mouth. The orally dissolvable thin film provides benefits over other delivery methods in that it features rapid onset of action to the bloodstream, requires no chewing, swallowing or even water, while enabling accurate dosing and tasteful options.

“We are very pleased to have achieved this development milestone of our orally dissolvable thin film strip for psilocybin, which can be used in FDA human clinical studies and as a unique product for medical use in states where psilocybin therapy use is permitted, such as Oregon following the passage of Measure 109. .. Also, we are in a position to begin partnering with life sciences companies seeking to add unique offerings in their psychedelic-based product pipeline and with companies operating in the U.S. where psilocybin therapy use is legal.”

Michael Frank, CEO of Revive

The company is currently preparing to scale for manufacturing for future clinical studies now that the prototypes have been finalized. The product is expected to be used in future clinical studies involving the use of psilocybin and other psychedelic-based medicines.

Revive Therapeutics last traded at $0.18 on the CSE.


FULL DISCLOSURE: Revive Therapeutics is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Revive Therapeutics 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

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Gold Is Screaming Higher While Currencies Burn | Simon Ridgway – Rackla Metals

We Have the Highest-Grade Antimony Deposit in North America!? | Jim Atkinson -Antimony Resources

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Revive Therapeutics Announces Final Stages In Bucillamine Phase 3 Clinical Trial For COVID-19

Revive Therapeutics (CSE: RVV) provided on Tuesday updates regarding the phase 3 clinical trial for oral...

Wednesday, January 19, 2022, 09:28:00 AM

Growing Medical Acceptance of Psychedelics – The Daily Dive feat Derek Welsh of Revive Therapeutics

For our final episode of The Daily Dive this week, host Cassandra Leah is joined...

Friday, December 4, 2020, 01:00:00 PM

Revive Therapeutics Includes Treating Omicron Variant In Bucillamine Research

Revive Therapeutics (CSE: RVV) announced today that it is expanding its research on oral drug Bucillamine....

Friday, December 3, 2021, 02:56:00 PM

Revive Files IND Application With FDA For Phase 3 Clinical Study For COVID-19 Treatment

Revive Therapeutics (CSE: RVV) announced after the bell today that it has officially filed its...

Tuesday, June 30, 2020, 07:18:46 PM

Revive Selects Clinical Sites for FDA Phase 3 Clinical Trials

This morning Revive Therapeutics Ltd (CSE: RVV, OTV: RVVTF), announced they have selected five clinical...

Tuesday, September 29, 2020, 09:45:22 AM