Journey to treatment: Lobe Sciences CEO touts targeted low dose for better patient outcomesYoutube
Lobe Sciences (CSE:LOBE,OTCQB:LOBEF) takes a different approach to psychedelic treatment using low-dose sub-psychedelic stimulation targeting the right receptor to achieve better patient outcomes.
“Our whole philosophy is that we don’t believe you have to go on a psychedelic trip to benefit from therapeutic interventions,” said Lobe Sciences CEO Philip J. Young. “The business model where patients are confined to a clinic for eight to 12 hours and undergo a psychedelic trip, is not for me the best way to create a global pharmaceutical market.”
Lobe Sciences is a life sciences company focused on the research and development of psychedelic drugs to treat neurological disorders and trauma. The company has made progress in developing a psilocybin-based treatment for anxiety disorders and is also targeting a treatment for a pediatric orphan disease indication.
“Children really need therapeutic intervention and support,” Young explained.
“We are now in a position where we control our drug supply. We have clinical development plans, and we will actually dose our first patient in clinical trials this month,” he said.
Young said his company is about to submit an investigational new drug application to the U.S. Food and Drug Administration for its orphan disease drug for a pediatric indication. It will also begin its first human study using its proprietary compounds.
Lobe Sciences recently expanded its patent portfolio by filing international patents for methods and devices that treat mild traumatic brain injury and post-traumatic stress disorder.
Watch the full interview with Lobe Sciences CEO Philip J. Young above.
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