Lophora and Beckley Psytech Limited, a private company dedicated to addressing neurological and psychiatric disorders through the novel application of psychedelic medicines, today announced the companies have entered into a research and development collaboration. Under the terms of the agreement Beckley Psytech will jointly fund continuing development of the Lophora pipeline and collaborate broadly on R&D.
Beckley Psytech is a clinical stage privately held company dedicated to helping patients suffering from neurological and psychiatric disorders by developing a broad pipeline of psychedelic compounds in rare and more common diseases. Our vision is for clinically validated psychedelic medicines to be integrated into modern medical practice in order to help patients with high unmet medical need around the world, suffering from Short-lasting unilateral neuralgiform headache attacks (SUNHA), treatment resistant depression and other profoundly debilitating conditions. Beckley Psytech was founded in 2019 leveraging some of the expertise developed over more than 20 years by the Beckley Foundation, an independent non-profit and world leader in psychedelic medicine research, and is based out of Oxford, United Kingdom.
Jesper Langgaard Kristensen, CSO of Lophora, commented: “Building on more than a decade’s worth of academic drug discovery, Lophora has unlocked the door to rational design of powerful new drugs to treat some of the most intractable CNS disorders, developing a countless array of new compounds that could serve as starting points for novel psychedelic medicines. Bringing together our vast portfolio of new proprietary ligands with Beckley Psytech’s clinical capabilities brings obvious synergies. We share Beckley Psytech’s vision of developing psychedelic compounds to address the significant unmet need in psychiatric and neurological disorders, and we look forward to enriching the pipeline with medicines that will make a difference.”
Cosmo Feilding Mellen, CEO of Beckley Psytech, said: “The Lophora partnership represents a significant milestone for Beckley Psytech. It brings access to NCEs that we can take into Phase 1 studies in the near term, coupled with access to a drug discovery pipeline that we can shape together as our experience ever deepens in the psychedelic drug development space. Beckley Psytech has been working diligently to build a first-class drug development capability. This partnership is hugely exciting for us as we look to develop a portfolio of clinical assets that provide solutions to the devastating effect of psychiatric and neurological disorders.”
Read press release from Beckley here: Beckley Psytech Bolsters Pipeline of Next-Generation Psychedelic Medicines With Research Collaboration and Strengthening of Relationship With Lophora ApS