How much is a psilocybin patent application worth?
PharmaTher $PHRM sells psilocybin program to Revive Therapeutics $RVV
Includes full rights to PharmaTher’s psilocybin IP:
Pre-clinical work + three psilocybin provisional applications
1/4
PharmaTher $PHRM sells psilocybin program to Revive Therapeutics $RVV
Includes full rights to PharmaTher’s psilocybin IP:
Pre-clinical work + three psilocybin provisional applications
1/4
https://twitter.com/psilocybinalpha/status/1362053866892705792
Purchase price for PharmaTher’s psilocybin IP:
–$3 million in cash
–$4 million in securities
–up to $3 million in milestone payments
–“low single digit royalty” on future net sales
2/4
–$3 million in cash
–$4 million in securities
–up to $3 million in milestone payments
–“low single digit royalty” on future net sales
2/4
More on PharmaTher’s:
Psilocybin combination therapies:
Psilocybin in treatment of cancer:
Microneedle delivery technology, which it retains after the sale:
3/4
Psilocybin combination therapies:
https://twitter.com/calyxlaw/status/1338875186846691330?s=21
Psilocybin in treatment of cancer:
https://twitter.com/calyxlaw/status/1328560268411080704?s=21
Microneedle delivery technology, which it retains after the sale:
https://twitter.com/calyxlaw/status/1356303958642282496?s=21
3/4
The Psilocybin Patent Filings Tracker on @PsilocybinAlpha is updated to reflect the sale & change in ownership:
psilocybinalpha.com/data/psilocybi…
4/4
psilocybinalpha.com/data/psilocybi…
4/4
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