Neural Therapeutics Inc.

Neural is a drug-discovery company focusing on plant-based active substances with the goal of delivering beneficial, over-the-counter dietary supplements and psychedelic-based therapeutic medicines to treat serious mental ailments where no significant treatment is available today. Neural's key ingredient is mescaline derived from sustainable legal and cultivated sources, including the San Pedro cactus.

Recent News

Neural Therapeutics Announces Closing of First Tranche of Private Placement and Debt Settlement and Change of Auditors

Toronto, Ontario--(Newsfile Corp. - October 2, 2023) - Neural Therapeutics Inc. ("Neural" or the "Company"), an ethnobotanical drug-discovery and development company, is pleased to announce that it has closed the first tranche of the private placement ("Private Placement") for gross proceeds of $293,346.42 and completed debt settlement of approximately $327,845.49 ("Debt Settlement"). Ian Campbell, CEO of Neural Therapeutics commented: "While the capital markets environment for junior life...

2023-10-02 4:30 PM EDT

Neural Therapeutics Receives Key Permission from Peruvian Government to Harvest and Work with the San Pedro Cactus Containing Mescaline

Permission enables company to conduct research with potentially patentable outcomesRare permission granted due to Company's commitment to knowledge transfer and species preservationResearch Partnership with Universidad Peruana Cayetano HerediaToronto, Ontario--(Newsfile Corp. - July 27, 2023) - Neural Therapeutics Inc. ("Neural" or the "Company") is pleased to announce that after nearly 11 months of a rigorous review process, the Company has received a key permission from Servicio Nacional...

2023-07-27 7:30 AM EDT

Neural Therapeutics Inc. Closes Rights Offering

Toronto, Ontario--(Newsfile Corp. - July 14, 2023) - Neural Therapeutics Inc. (the "Company" or "Neural"), an ethnobotanical drug-discovery and development company, is pleased to announce that it has closed its previously announced rights offering which expired on July 7, 2023 (the "Rights Offering").In connection with the closing of the Rights Offering, the Company issued 5,595,992 common shares in the capital of Neural (the "Neural Shares") at the subscription price of $0.03 per Neural...

2023-07-14 5:00 PM EDT

Neural Therapeutics Provides Corporate Update

Toronto, Ontario--(Newsfile Corp. - June 20, 2023) - Neural Therapeutics Inc. ("Neural" or the "Company") is pleased to provide the following corporate update, describing the progress made with the execution of the corporate strategy towards developing a mescaline-based psychedelic for mental health treatment.Spin-Out Completed and DTC Eligibility ReceivedOn May 23, 2023, Neural completed its spin-out from Vertical Peak Holdings Inc. (formerly High Fusion Inc.), as a result of which, Neural...

2023-06-20 8:13 AM EDT

Neural Therapeutics Inc. Announces Launch of Rights Offering and Concurrent Private Placement

Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Neural Therapeutics Inc. (the "Company" or "Neural") an ethnobotanical drug-discovery and development company announces it is undertaking a rights offering to raise gross proceeds of up to $1,184,080 (the "Rights Offering") and a non-brokered private placement of up to $900,000 ("Concurrent Private Placement"). Ian Campbell, CEO of Neural commented: "While the overall capital market conditions for junior life sciences companies continue to...

2023-06-13 5:09 PM EDT

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