Enveric Biosciences (NASDAQ:ENVB) announced the completion of preclinical pharmacokinetic (PK) studies of EB-003, which support its oral bioavailability and targeted non-hallucinogenic profile.
EB-003 is a potential first-in-class neuroplastogen designed to promote neuroplasticity without inducing hallucinations, targeting patients with challenging mental health disorders. The company is focused on advancing EB-003 toward clinical trials for the treatment of neuropsychiatric disorders.
“Completion of these animal PK studies further supports our efforts to develop conveniently delivered, orally-available drugs with the potential to harness neuroplastic properties without inducing hallucinations,” said Joseph Tucker, Ph.D., CEO of Enveric.
“The additional data gained in these animal studies enhances our understanding of the preclinical profile of this drug candidate and brings us a step closer to finalizing the data package for the EB-003 Investigational New Drug (IND) application, which we anticipate submitting to the U.S. Food and Drug Administration in the second half of 2025,” Dr. Tucker added.