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    Journey Colab Secures $12 M Series A Funding for Phase 1 Trial of Mescaline H Cl (jour-001) for Treatment of Alcohol Use Disorder

    Details:

    The funding will be used to accelerate the development of Journey Colab’s portfolio of psychedelic compounds. Journey Colab’s lead compound, Mescaline HCl (JOUR-001), is being developed for the treatment of Alcohol Use Disorder (AUD).


    Lead Product(s): Mescaline

    Therapeutic Area: Psychiatry/Psychology Product Name: JOUR-001

    Highest Development Status: PreclinicalProduct Type: Small molecule

    Partner/Sponsor/Collaborator: MBX Capital

    Deal Size: $12.0 million Upfront Cash: Undisclosed

    Deal Type: Series A Financing September 07, 2021

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