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MindMed is a clinical-stage biopharmaceutical company developing novel product candidates—primarily psychedelic-inspired small molecules—to treat brain health disorders. Its lead asset, MM120 ODT, has advanced to Phase 3 trials in generalized anxiety disorder. The company also has ongoing development of MM120 ODT for major depressive disorder and additional preclinical or early clinical assets targeting psychiatric conditions. In December 2024, MindMed joined the Nasdaq Biotechnology Index after raising $250 million to support its expanded pipeline.
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