T O P

New to this subreddit just wanted to ask a question, did some research and found most clinical trials take 12-18 years to complete. How far along is MMED?

New to this subreddit just wanted to ask a question, did some research and found most clinical trials take 12-18 years to complete. How far along is MMED?

Unusual-Medicine-995

3-5 years hopefully, according to scheduling on investors' deck. strong possibility for revenue generation through digital technology platform, Project Albert, before that time


Tellmewhatingon990

How would Albert generate revenue?


EmanEwl

ever heard of the behemoth tech company called Teledoc


draxa

License its use to other pharmaceutical companies.


Tellmewhatingon990

Can you link to some more information on this? Or are there already existing models, is Albert a molecule?


draxa

No, it's technology. They bought a machine learning company and folded it into the project listed at the link below. https://www.prnewswire.com/news-releases/mindmed-to-launch-albert-a-digital-medicine-division-for-psychedelic-medicines-301179498.html


draxa

It's machine learning assisted therapy, so basically any of the psychedelic companies out there would benefit from access. So would therapists of all sort! Either monetization of its results or of the Albert itself


Unusual-Medicine-995

Everything everyone else has said is correct. Check the investors’ deck on MindMed’s website to see the 8 companies they’ve named as potential partnership opportunities for the technology. These would not be complimentary partnerships from mindmed


SignoreLanky11

They specified in their recent MD&A that Albert is not expected to generate revenue


DOnotRespawn

Mindmed bought years of clinical trial results, first with ibogaine and then with LSD. The press releases are both over a year old if you want to do some DD. The whole team working on ibogaine joined us and hospital Basel was invovled with the LSD. Just use custom date parameters on google.


GoferTeeth

Will do, thank you


DOnotRespawn

I just realized it took me hours of DD back in September to find out all that, so a simple search might not help you lol To help your quest, the ibogaine (mc-18) researchers were called **Savant HWP Inc** This is the press release of Mindmeds acquisition: [https://mindmed.co/news/news-press/mindmed-acquires-opioid-addiction-drug-candidate-based-on-the-natural-psychedelic-ibogaine/](https://mindmed.co/news/news-press/mindmed-acquires-opioid-addiction-drug-candidate-based-on-the-natural-psychedelic-ibogaine/) ​ This next article is from 2012. It talks about Savant HWP Inc and their vision of mc-18 [https://www.thefix.com/content/anti-addiction-drug-18-mc-begins-human-trials](https://www.thefix.com/content/anti-addiction-drug-18-mc-begins-human-trials) ​ So IMO the mc-18 trial have been going on since 2012, with a few years in between of inaction. ​ Here's the press release of the LSD data we bought [https://www.prnewswire.com/news-releases/mindmed-acquires-exclusive-license-to-eight-clinical-trials-of-lsd-partners-with-world-leading-psychedelic-research-laboratory-at-university-hospital-basel-301033261.html](https://www.prnewswire.com/news-releases/mindmed-acquires-exclusive-license-to-eight-clinical-trials-of-lsd-partners-with-world-leading-psychedelic-research-laboratory-at-university-hospital-basel-301033261.html)


GoferTeeth

This was super helpful!! thank you!


tomski1981

MMED is phase 1, 2a, 2b right now.. depending on the drug..


International-Risk86

How does the world have meds if shit takes 18 years


GoferTeeth

That’s a very very very silly question IMO. it actually took way longer than that for them to even discover ibuprofen. Lots and lots of people died before we discovered medicine... it just takes that long for clinical trials to complete because they need sufficient evidence for marketability. You can’t sell a drug that kills 10% of its users. it takes years to do that kind of research.


International-Risk86

Oh word let me know when you exit the early 1900's and talk about current conditions which is half, if not more, the time line thanks


GoferTeeth

Let me know when you stop talking out of your ass, thanks.


GoferTeeth

the “TiMeLinE” i’m talking about includes current conditions. that’s why i discovered that it takes 12-18 years for clinical trials. which means you are right, it is faster than what it was in the 1900’s i was just drawing a comparison.


International-Risk86

You mad bro? Well you better alert the mnmd team they lying to us by about 12 years


GoferTeeth

You can clearly see that most people are saying 3-5 years. i simply asked how far along we are with mmed clinical research. you’re not the brightest bulb are you? i thought we left the trolls on the yahoo finance board.


GoferTeeth

never said it would take mmed 12-18 years to finish their research. just discovered through some of my own that that is how long it usually takes. and someone said they started back in 2012 and if you could count to 10 you’d realize that’s already 9 years of work done.


International-Risk86

The company was started in 2019 so don't know which they you refer to


GoferTeeth

When i say they i’m referring to researchers, not MMED itself. The research was acquired by MMED and applied to their clinical trials. 9 years of work already completed, now add 3-5 years and you end up with 12-14 years. 4 years shy of the 18 it “usually” takes. Didn’t think i would have to break all of this down for you. That’s why i asked how far along mmed was in their trials, i never said it would take them the span of 18 years to complete them. I just found that it usually takes that long. But if you take research that was already done, and apply it to what mmed is doing. it APPEARS to have taken less time, when in reality it has not.