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Tryp Therapeutics Inc.: Tryp Therapeutics Announces Q2 2021 Financial Results


Tryp Therapeutics Inc.: Tryp Therapeutics Announces Q2 2021 Financial Results
Tryp or the
Company ), today announced its interim financial results for the three and six month periods ended February 28, 2021. Complete financial statements along with related management discussion and analysis can be found in the System for Electronic Document Analysis and Retrieval, the electronic filing system for the disclosure documents of issuers across Canada at www.SEDAR.com.
The reported period included the completion of Tryp s Initial Public Offering; significant additions to the Company s executive team and Scientific Advisory Board; advancements with Tryp s manufacturing program for synthetic psilocybin; and the announcement of a collaboration with the University of Florida on clinical trial activities for eating disorders. ....

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Baystreet.ca - This Could Be One of the Best Ways to Treat Mental Health Issues for Millions


This Could Be One of the Best Ways to Treat Mental Health Issues for Millions
Over the last 20 years, “The number of psychopharmacological drugs research programs in larger drug firms has shrunk by 70% in the past decade,” reported The Guardian. “In general the larger companies have walked away from psychiatry. There are a few companies who have maintained efforts in the area but 70% tells you it’s been a pretty remarkable departure. Many withdrew from neuroscience entirely.” Of course, that needs to change, which is why companies like
Silo Wellness (CSE:SILO),
Tryp Therapeutics Inc. (CSE:TRYP),
Field Trip Health Ltd. (CSE:FTRP)(OTC:FTRPF), and ....

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Baystreet.ca - Psychedelics Could be Your Next Multi-Billion-Dollar Opportunity


Psychedelics Could be Your Next Multi-Billion-Dollar Opportunity
It may only be a matter of time before mind-altering drugs make their way into Big Pharma treatments for mental health issues, such as depression, anxiety, obsessive compulsive disorder, trauma, and addiction. If that happens, the industry could be worth well over $100 billion, as noted by analyst at Eight Capital, benefiting companies such as
Silo Wellness (CSE:SINO),
Compass Pathways Inc. (NASDAQ:CMPS),
HAVN Life Sciences Inc. (CSE:HAVN), and
Tryp Therapeutics Inc. (CSE:TRYP).
Helping even more, a bill to decriminalize psychedelics in California is moving forward. In fact, according to Benzinga, “Introduced in February by Sen. Scott Wiener, SB 519 would remove penalties for the possession, personal use and social sharing of certain natural and synthetic psychoactive drugs including psilocybin, psilocyn, DMT, ibogaine, mescaline, LSD, ketamine and MDMA.” ....

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