in march, algernon, which has also filed provisional patents for new forms of dmt, submitted a package to the fda regarding the design and scope of the company’s preclinical and early phase stroke clinical programs.
earlier this month, algernon says it received positive feedback from the fda regarding its planned phase 1 clinical trial, which is set to begin later this year with the u.k.-based hammersmith medicines research, a company that provides clinical trials for the pharmaceutical industry and is licensed to work with psychedelic drugs.
one of the consultant’s on the trial is dr. david nutt, a psychiatrist and a neuropsychopharmacology professor at imperial college london and formerly the u.k. government’s top drug adviser.
“the idea is can we stimulate neurogenesis without being psychedelic? and i think that’s a really clever idea. no one knows. but if it works, it’s very exciting,” dr. nutt tells the growthop.
the idea is clever for a few reasons, he says. it’s a novel approach and because the drug will be administered intravenously, at sub-psychedelic levels, there is flexibility with the dosing and the duration of action.
“how you keep it a sub-psychedelic dose is going to be challenging, and we’ve got some ideas about that, but also if people are conscious, they can talk to you. if they start to say ‘i don’t like the side effects i’m seeing, i’m thinking funny thoughts,’ you can just turn it off and literally within a minute the effect dissipates.”