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Lusaris launches with $60 million

Gina Vitale

C&EN Global Enterprise November 7, 2022 DOI: 10.1021/cen-10039-buscon17 via OpenAlex

Summary

AI-generated from the abstract

Lusaris Therapeutics launched with $60 million in series A financing to develop serotonergic neuroplastogens for severe neuropsychiatric and neurological conditions. These compounds are said to induce favorable neural plasticity. Its lead candidate for treatment-resistant depression is a sublingual dissolvable tablet formulation of the psychedelic 5-MeO-DMT, using technology exclusively licensed from Catalent.

Study at a glance

Characteristics Peer reviewed
Intervention 5-MeO-DMT
Keywords Depression economics Medicine
Key finding Lusaris Therapeutics is developing a sublingual formulation of 5-MeO-DMT as a treatment for treatment-resistant depression.

Abstract

Lusaris Therapeutics has launched with $60 million in series A financing to develop therapies for severe neuropsychiatric and neurological conditions. The start-up says the type of compounds it is developing, serotonergic neuroplastogens, are able to induce favorable neural plasticity. Its lead candidate, for treatment-resistant depression, is a formulation of the psychedelic 5-Methoxy- N , N -dimethyltryptamine (5-MeO-DMT) that is administered as a dissolvable tablet under the tongue. The firm has exclusively licensed fast-dissolving tablet technology from Catalent for the lead candidate.

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