MycroDose Therapeutics and HAVN Life Sciences Partner Up in Psychedelic Research

MycroDose Therapeutics has announced their plans to partner with HAVN Life Sciences, a  Vancouver based biotechnology company. Each of these companies are focused on research and development of psychedelic compounds. HAVN Life Sciences is specifically focused on the standardized extraction of psychedelic compounds for the creation of APIs. 

MycroDose Therapeutics is one of the few private companies to be granted a Schedule 1 License to research four psychedelic compounds by the DEA.

  1. Psilocybin
  2. MDMA
  3. DMT
  4. LSD

This partnership will be apparent as HAVN Life Sciences will export their naturally derived psilocybin to MycroDose Therapeutics, where it will be used in the development of advanced drug delivery (ADD) systems. These ADD systems will aim to treat mental health and cognitive degenerative diseases.

This is the beginning of the formation of an important supply chain to support the growing field of psychedelic research. This supply chain will be important to beginning the legal and licensed distribution of naturally derived GMP psilocybin throughout the United States. Distribution will include pharmaceutical companies, research institutions, and nonprofits, effectively increasing the body of research and access to naturally derived products in the field.

Are you developing new pharmaceuticals for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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