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Algernon Pharmaceuticals forms Algernon NeuroScience subsidiary to advance DMT stroke program

PRESS RELEASE: Paid content from News Direct Corporation
Press release content from News Direct Corporation. The AP news staff was not involved in its creation.
January 4, 2023 GMT
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--News Direct--

Algernon Pharmaceuticals CEO Christopher Moreau joined Proactive to share news that the company has decided to move its psychedelic DMT stroke program into a private company called Algernon NeuroScience. Moreau said AGN Neuro will stay private until it has advanced through to the completion of a Phase 2a stroke study planned for Q4, 2023. Following that, the company will consider a potential direct IPO listing on the NASDAQ.

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