Clearmind, Yissum Apply for International Patent for Psychedelics

Dow Jones08-17

By Stephen Nakrosis

Clearmind Medicine said it applied for an international patent for its psychedelic compounds, as well as their preparation methods and use in the treatment of mental disorders.

The submission under the international Patent Cooperation Treaty is part of the company's collaboration with the Yissum Research Development Co. of Hebrew University of Jerusalem, with which Clearmind has a licensing agreement.

Clearmind, of Vancouver, British Columbia, said the application refers to what it calls Generation 3.0 psychedelic compounds developed by the Israeli university's Dmitry Tsvelikhovsky.

The biotechnology company also said the submission would allow it to proceed to the national phase and submit applications to regional offices for patent protection in major jurisdictions such as the U.S., Europe, China and India.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

August 16, 2024 17:15 ET (21:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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