bubka
2 days ago
I know the uber longs here donโt believe Iโm a long. I think Iโve been a long here a lot longer than most. Seriously, after all the pumping I just feel like anyone new to this stock doing due diligence might need a dose of reality.
Could this turn out to be successful? Absolutely! It can be hugely successful. But this is a developmental biotech. The risks here are real and thereโs always going to be bigger chance of failure due to bad financing, running out of money, trial failure, government intervention, etc.
These attacks started last December when Jack said we would get bought out for 30-40 billion dollars in 12 to 18 months. I joked and said โYeah, that or another reverse split!โ
The Uber longs lost their mind! Jack called me names and said he was going to put me on ignore. I guess he couldnโt stand missing out on my input because he answers all my posts. lol
I went through the reverse split just a couple of years ago and reinvested more just to watch it seemingly dwindle away everyday.
This stock is down another 25% in the less than 2 months since the last earnings report and has been severely diluted twice this year, once right before the ER. These are danger signals and Iโm going to mention here. I will get called bad names but I think it needs to be mentioned since all we get here is nonstop pumping!
Good luck to all longs, but just know there are no slam dunks in this level of investing. Only invest what you can afford to lose.
Jack Torrance
2 days ago
Odds at this stage of clinical trials, with great results thus far and a Breakthrough Therapy Designation, and with MindMed's backing and cash supply, are probably 80% or better. And if FDA approved, a $40B buyout would be a steal. What part are you having trouble understanding? Legitimately curious how someone could be this obtuse about a psyche medication that could potentially be prescribed to hundreds of millions of people worldwide. And it's not a one-time treatment. It would be a long-term treatment, like anti-depressants. Many, many sales to each patient.
Get. A. Clue.
MomsSpaghetti
1 week ago
Sermo Barometer Finds 94% of Global Mental Healthcare Professionals Are Open to Integrating Psychedelic Treatments Into Their Practices If Legalized
Survey of 400+ healthcare professionals examines familiarity, barriers, training, and misconceptions of psychedelic and dissociative drug treatments
https://www.businesswire.com/news/home/20240924302874/en/Sermo-Barometer-Finds-94-of-Global-Mental-Healthcare-Professionals-Are-Open-to-Integrating-Psychedelic-Treatments-Into-Their-Practices-If-Legalized
September 24, 2024 10:00 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--The 34th Barometer from Sermo, an online physician and provider community and leader in healthcare insights, surveyed 430+ mental healthcare providers around the world, including psychiatrists, general practice physicians, and advanced practice providers, on their sentiments about psychedelic and dissociative drug treatments, finding that 94% would be open to integrating these treatments into their practices if legalized in their countries. Worldwide, there has been growing interest from industry, government, media, and patients in psychedelics for the treatment of mental health conditions. 89% of HCPs surveyed believe that psychedelic medicines have unique therapeutic potential compared to traditional medications in treating patients with significant mental health conditions, such as treatment-resistant depression, post-traumatic stress disorder, and anorexia nervosa.
Existing Familiarity with Psychedelics:
HCPs are keeping up with developing research about psychedelics for the treatment of mental health conditions. The majority of surveyed healthcare professionals (67%) were either moderately or extensively familiar with the current clinical research on psychedelic and dissociative drugs. Surveyed psychiatrists had more familiarity (71%) with clinical research than other specialties. Ketamine is the most well-known psychedelic and dissociative drug among surveyed HCPs, with 45% indicating they are extremely or very familiar with its use in treating mental health disorders. This is followed by MDMA at 29%, LSD at 26%, and psilocybin at 25%.
According to one anonymous Sermo U.S. psychiatrist and survey respondent, โPsychedelics may have potential significant benefits but they also carry significant risks. If we are to introduce them as psychiatric treatments there needs to be research on their safety and efficacy. They need to be regulated and safety measures need to be put into place. It's important that the right patients obtain benefit and that people do not abuse them. It's important that they be medically supervised to prevent just anyone from using them. Once enough research has been done, I see them integrating into psychiatric care like esketamine, with strict measures in place.โ
Potential Barriers & Practice Integration:
If legalized, HCPs feel there are many barriers to integrating psychedelic and dissociative drug treatments into their practices. Healthcare professionals report needing clinical guidelines (80%), comprehensive training programs (78%), and guidance to legal considerations (60%).
HCPs do not view psychedelic and dissociative drugs as a first-line treatment, with nearly half (45%) of surveyed HCPs citing lack of response to traditional treatments as key criteria to prescribe psychedelic and dissociative drugs to a patient.
Patients are also open to the idea of psychedelic and dissociative drug treatments. 79% of those surveyed report that they noticed increasing patient interest in psychedelics as a treatment option. When asked why they felt patients are more open, the most common answer was a growing acceptance of alternative mental health treatments (64%) and increased media coverage of psychedelics (60%).
Agreement with FDA Decisions Varies by Treatment:
U.S. healthcare professionals arenโt always in agreement with the FDA's decisions. Despite the recent decision not to grant MDMA approval for the treatment of PTSD, 52% of HCPs believe an exception should be made for veterans, who have spent years lobbying for the drug, to receive the treatment. However, 73% agreed with the FDAโs decision to grant LSD-based medications breakthrough status for the treatment of generalized anxiety.
Two U.S. states have already decriminalized psilocybin (magic mushrooms) creating easy access for residents to purchase, possess, and grow them. While many healthcare professionals are open to the future of psychedelics to treat mental health conditions, the majority (61%) do not feel patients should be able to readily access psilocybin without medical intervention for the purposes of treating depression, addiction, and PTSD.
Eye on Ketamine:
52% of surveyed HCPs believe that ketamine is being prescribed โoff-labelโ too often. Two-thirds (67%) of surveyed HCPs believe compounding pharmacies should not be allowed to distribute Ketamine.
This survey was fielded August 28th- September 4th as the 34th edition of Sermoโs ongoing Barometer study. The survey included 431 psychiatrists, general practice physicians, and advanced practice providers who have treated a patient for a mental health condition in the last year from the U.S., Canada, Australia, Germany, Italy, Spain, France, and the UK.
To explore more findings, visit: https://app.sermo.com/barometer