
Cybin Inc. (NEO: CYBN) (NYSE:CYBN) and Clinilabs Drug Development Corporation (Clinilabs) announced that the U.S. Drug Enforcement Agency (DEA) has granted a Schedule I license to support the first-in-human Phase 1/2a clinical trial of CYB003, a proprietary deuterated psilocybin analog being developed for the treatment of the major depressive disorder (MDD).
"Obtaining a DEA license for our Phase 1/2a trial is the final step clearing the way to begin dosing participants in our first-in-human study of CYB003. Our rigorous recruitment and enrollment process is well underway, and we are excited to commence dosing of our first cohort of participants,” said Doug Drysdale, CEO of Cybin in a press release procured by Benzinga.