Single dose of next-generation psilocybin shows significant reduction in depression, with 20% no longer needing treatment | Spotlight on psychedelics

On October 31, 2023, the alternative medicine community woke up to unprecedented positive data demonstrating the safety and effectiveness of psilocybins in the treatment of depression.

Cybin, a biotechnology company working on next-generation psychedelic treatments, announced remarkable results from its Phase 2 clinical trial using a proprietary version of deuterated psilocybin for the treatment of depression. CYB003 is a next-generation psilocybin designed to provide a faster onset of action and to reduce the duration of effects, thereby reducing the financial barrier to accessing this medication in a medical setting.