Clearmind Medicine Expanding IP Portfolio with New US Patent Application for Treatment of Depression

Clearmind Medicine Inc. (NASDAQ: CMND / CSE: CMND / FSE: CWY), a biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, announces the filing of a patent application seeking to protect its unique combination of MEAI and SciSparc’s Palmitoylethanolamide (PEA) for the treatment of depression.

The company filed a provisional patent application with the United States Patent and Trademark Office (USPTO) as part of its ongoing collaboration with SciSparc Ltd. (Nasdaq: SPRC) (“SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat central nervous system disorders.

This patent is an addition to Clearmind’s robust intellectual property portfolio that includes patents for MEAI as a binge behavior regulator, as an alcoholic beverage substitute and others.

The patent application refers to novel proprietary combinations of MEAI and SciSparc’s Palmitoylethanolamide (PEA), the active ingredient of its proprietary CannAmide™. It demonstrates Clearmind’s corporate mission to broaden the therapeutic psychedelic toolbox for patients with mental health disorders who await treatments with increased efficacy and safety while reducing cost.

Clearmind has a broad IP footprint in the psychedelic space with 24 patents in 14 patent families, nine of which have been granted in major jurisdictions like the US, Europe, China, and India. The company has already filed patent applications for the combination of Clearmind’s MEAI with SciSparc’s PEA compound for treating alcohol use disorder, cocaine addiction, and obesity and its related metabolic disorders.

Clearmind is a psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods or supplements.

The company’s intellectual portfolio currently consists of fourteen patent families. The company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.