Psychedelic Compound-Based Drug Stock, Mind Medicine, Up 56% Last Week
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The 5 constituents in the munKNEE Psychedelic Compound-Based Drug Stocks Index were UP 3.4%, on average, last week and below is how each constituent stock performed, in descending order, and YTD, plus any recent news, commentary, and/or analysis on each company:
- Mind Medicine (MNMD): UP 55.7% last week; UP 165.0% YTD
- Atai Life Sciences (ATAI): DOWN 1.4% last week; UP 48.9% YTD
- is focused on the use of ketamine, DMT and ibogaine. Go here for much more extensive information on Ketamine and here for much more extensive information on DMT.
- Latest News, Commentary and/or Analysis:
- atai Life Sciences Announces First Participant Dosed in Phase 1b Trial of VLS-01
- GH Research (GHRS): DOWN 4.6% last week; UP 39.8% YTD
- is primarily focused on the use of mebufotenin, the new International non-proprietary name for 5-MeO-DMT, which stands for 5-MethOxy-N,N-DiMeThyltryptamine.
- Latest News, Commentary and/or Analysis:
- Compass Pathways (CMPS): DOWN 5.2% last week; UP 24.3% YTD
- is focused on the use of psilocybin (magic mushrooms) in their research. Go here for much more extensive information on Psilocybin.
- Latest News, Commentary and/or Analysis:
- Incannex Healthcare (IXHL): DOWN 23.9% last week; DOWN 10.1% YTD
- is researching and developing therapies and products with the world's largest portfolio of medicinal cannabinoid and psychedelic pharmaceutical products.
- Latest News, Commentary and/or Analysis: None
Summary
The munKNEE Psychedelic compound-Based Drug Stocks Index went UP 3.4% last week and is now UP 44.1% YTD.
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Disclosure: None
This article has been composed with the exclusive application of the human intelligence (HI) of the author. No artificial intelligence (AI) technology has been deployed. ...
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