On August 7th, Cybin, a leader in developing differentiated, next-generation therapeutics, received European regulatory approval to begin its Phase 3 EMBRACE study in Ireland, Greece, and Poland. The study has already been approved by the Healthcare Products Regulatory Agency (MHRA) in the UK. EMBRACE is the second study in Cybin’s PARADIGM program to assess the effectiveness of CYB003 as an adjunctive treatment for Major Depressive Disorder (MDD). CYB003 is a proprietary analogue of psilocin, the active ingredient in “magic mushrooms”.
EMBRACE will enrol 330 participants who live with moderate to severe MDD, whose symptoms are not adequately managed by traditional antidepressant treatments. This move ahead is supported by the promising Phase 2 data, which showed that 71% of participants treated with CYB003 were in full remission from their symptoms. 100% of participants responded to treatment at 12 months, after only two 16mg doses of CYB003. The primary goal of Phase 3 is to measure CYB003 against a placebo against the change in depressive symptoms six weeks following the initial dose.
The complete PARADIGM program will consist of 550 participants worldwide, with roughly 105 clinical sites in the US, Europe, the UK, and Australia. Thus far, conclusions are very positive, but Cybin does urge some caution, describing their conclusions so far, and future plans, as “forward-looking statements”, also stating that:
The efficacy of [psychedelics] has not been confirmed by approved research. There is no assurance that the use of psilocin, psychedelic tryptamine, tryptamine derivatives or other psychedelic compounds can diagnose, treat, cure or prevent any disease or condition.
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