Vancouver, British Columbia-(August 12, 2021) – Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1) (“Entheon” or the “Company“), a biotechnology company focused on developing psychedelic medicines to treat addiction, today announced the sponsorship of a clinical research study with Heading Health LLC (“Heading Health”) as institution and Dr. Steve Levine, MD, as principal investigator to determine the electroneurophysiologic effects of ketamine.
Entheon previously announced its business arrangement with Heading Health on January 4, 2021, a psychiatric clinic platform focused on the administration of psychedelic-assisted therapy to treat mental health disorders which includes Spravato, an FDA approved Ketamine product that is eligible for insurance reimbursement. Entheon is sponsoring the study in order to gain deeper insight into patients’ electroneurophysiologic response to psychedelic drug treatment. This study will gather EEG biomarker data and patient experience insight from individuals receiving ketamine for the purpose of testing two hypotheses: that clinical response to drug treatment can be accurately assessed during ketamine administration, and that EEG changes can predict long term response to drug treatment. The data obtained from the study will be incorporated into Entheon’s development efforts with the aim of creating treatment algorithms founded on objective measurements of response to treatment. This program, named Entheon IQ™, forms one of the pillars of Entheon’s efforts in drug development, genetics research, and EEG biomarker research, seeking to develop robust treatment algorithms through the analysis of data.
“We are delighted to be working with the amazing team at Heading Health to advance our understanding of the unique electroneurophysiological qualities of therapeutic drug states,” said Chief Executive Officer of Entheon, Timothy Ko. “We believe that EEG-based biomarkers will add a necessary element of empiricism to therapies and contribute to personalization and safety with which care is delivered.”
Mr. Tankel, Chief Executive Officer of Heading Health, commented, “Heading is pleased to further our partnership with Entheon, advancing psychedelic therapeutic research and enhancing patient access to affordable evidence-based treatments.”
About Entheon Biomedical Corp.
Entheon is a biotechnology research and development company committed to developing and commercializing a portfolio of safe and effective N,N-dimethyltryptamine based psychedelic therapeutic products (“DMT Products“) for the purposes of treating addiction and substance use disorders. Subject to obtaining all requisite regulatory approvals and permits, Entheon intends to generate revenue through the sale of its DMT Products to physicians, clinics and licensed psychiatrists in the United States, certain countries in the European Union and throughout Canada.
About Heading Health LLC
Founded in Austin, Texas, Heading Health provides a full-suite of therapies and diagnostic tools for the treatment of mental health challenges, including Spravato® (esketamine) nasal spray for treatment-resistant depression; Intramuscular (IM) ketamine; Transcranial magnetic stimulation (TMS); and Telepsychiatry for depression, anxiety, PTSD and OCD. Overseen by Dr. Steven Levine, a board-certified psychiatrist with over 10 years of clinic experience, the Heading Health management team is experienced in operating and scaling psychiatric clinics across multiple states, securing insurance coverage and pioneering the most efficient and effective breakthroughs in clinical research and technologies.
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