Next-Gen Psychedelics Companies SciSparc And Clearmind Collaboration File 3 Patents
The ongoing collaboration between SciSparc Ltd. (NASDAQ:SPRC) and Clearmind Medicine Inc. (NASDAQ:CMND) (CSE:CMND) (FSE: CWY) resulted in the Tuesday filing of three patent applications under the International Patent Cooperation Treaty.
SciSparc, a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central nervous system and Clearmind, a biotech company focused on the discovery and development of novel psychedelic-derived therapeutics, jointly announced that the three patent applications refer to novel proprietary combinations of lysergic acid diethylamide (LSD), psilocybin, N,N-dimethyltryptamine (DMT) and Palmitoylethanolamide (PEA), the active ingredient of SciSparc’s proprietary CannAmide.
The patents seek to protect the companies’ psychedelic compound combinations, ensuring exclusive rights to their …