FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9), a life sciences holding company dedicated to building a portfolio of assets and biotech solutions, today shared preclinical data demonstrating the potentially disease-modifying effects of Lucid-MS, its lead drug candidate for the potential treatment of multiple sclerosis in the animal models of MS. According to the update, InvestmentPitch.com has produced a video discussing the news. Based on over a decade of research, Lucid-MS is a patented neuroprotective new chemical entity that affects protein citrullination and myelin structure, which are associated with the severity of MS lesions. FSD Pharma has released a video explaining its preclinical results in order to demonstrate the unique potential therapeutic value of Lucid-MS. As shown in the video, the subject mouse treated with Lucid-MS demonstrated an improvement in clinical score when compared with the mouse that received the placebo, with the subject showing clinical signs similar to those in a healthy mouse by the end of the study.
In addition, FSD Pharma has announced that Anthony Durkacz, the company’s interim CEO, will present at the H.C. Wainwright 2nd Annual Virtual Psychedelics Conference to be held on Dec. 6, 2021. Durkacz’s presentation will be available on-demand for conference attendees starting at 7:00 a.m. ET on the day of the event, as well as accessible to view on the investor relations section of FSD’s website. Members of FSD Pharma’s management team will also be available for one-on-one investor meetings during the conference.
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About FSD Pharma Inc.
FSD Pharma is a biotechnology company with three drug candidates in different stages of development. FSD BioSciences Inc. is focused on pharmaceutical research and development of its lead compound, ultra-micronized palmitoyl ethylamine (“PEA”) or FSD-PEA (formerly called FSD-201). Through its wholly owned subsidiary, Lucid, the company is also focused on the research and development of its lead compounds, Lucid-PSYCH (formerly Lucid-201) and Lucid-MS (formerly Lucid-21-302). Lucid PSYCH is a molecular compound identified for the potential treatment of mental health disorders. Lucid-MS is a molecular compound identified for the potential treatment of neurodegenerative disorders. For more information, visit the company’s website at www.FSDPharma.com.
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