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10 Best Psychedelic Companies to Watch

10 Best Psychedelic Companies to Watch
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

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5 Best Psychedelic Companies to Watch - Insider Monkey

5 Best Psychedelic Companies to Watch - Insider Monkey
insidermonkey.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidermonkey.com Daily Mail and Mail on Sunday newspapers.

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Apple (AAPL), Mind Cure Health (MCURF) - The Digital Therapeutics Market Is Redefining Psychedelic Research And Patient Care

The following article is sponsored by Mind Cure. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only.
Digital therapeutics (DTx) are a form of patient care that are gaining momentum in the medical industry and the effects of the pandemic have only accelerated this growth.
In 2019, Insider Intelligence projected that the digital therapeutics industry would reach a market value of $9 billion by 2025. Although last year, their projections increased dramatically with the market value of DTx expected to hit nearly $56 billion in the next five years. ....

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As the Focus on Psychedelic Stocks Increases, So Do the Valuations

As the Focus on Psychedelic Stocks Increases, So Do the Valuations
The only companies that have Phase 2 clinical trials now are Compass Pathways, Mind Medicine, Cybin, and Mydecine Innovations.
With so many new IPOs and companies launching in the psychedelic industry it s important to fully evaluate the major factors of success or failure in the industry. There are various steps that companies take to have a drug approved and to successfully complete them it takes years and tens of millions of dollars. The further ahead a company moves in the approval process, the more valuable the company becomes, and that is why there is so much excitement for Compass Pathways (CMPS) . Institutional and retail investors are in a frenzy to get a position. The company is in Phase 2b and has received a Breakthrough Therapy designation from the FDA, meaning that their therapy has the potential to be more effective than available medications. ....

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