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Details:
LSR-1019, is a best-in-class sublingual formulation of 5-Methoxy-N,N-dimethyltryptamine (5-MeO-DMT), a fast-acting and rapidly clearing serotonergic psychedelic, in development for patients with treatment-resistant depression (TRD) and other severe neuropsychiatric disorders.
Lead Product(s): Mebufotenin
Therapeutic Area: Psychiatry/Psychology Product Name: LSR-1019
Highest Development Status: IND EnablingProduct Type: Small molecule
Partner/Sponsor/Collaborator: RA Capital Management
Deal Size: $60.0 million Upfront Cash: Undisclosed
Deal Type: Series A Financing November 02, 2022