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Enveric Biosciences reports positive preclinical results for depression/anxiety drug candidate EB-003.
Enveric Biosciences (ENVB) reported encouraging preclinical safety and pharmacology results for its lead drug candidate, EB-003, aimed at treating mental health disorders like depression and anxiety.
The compound selectively targets serotonergic receptors with minimal off-target effects, reducing safety concerns.
Despite these positive results, the company's stock fell over 10%.
Enveric plans to file an Investigational New Drug application by Q3 2025 and begin clinical development by year-end.
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Enveric Biosciences reporta resultados preclínicos positivos para el candidato a fármaco de depresión/ansiedad EB-003.