Bright Minds Biosciences to Collaborate with Firefly Neuroscience to Collaborate following BREAKTHROUGH Study

October 21, 2024

DENVER, Colo., Oct 21, 2024 (247marketnews.com)- Bright Minds Biosciences (NASDAQ: DRUG) that it is again collaborating with Firefly Neuroscience (NASDAQ: AIFF) to thoroughly evaluate the electroencephalogram (EEG) data in Bright Minds’ BREAKTHROUGH study, an open-label Phase 2 clinical trial evaluating the safety, tolerability, and efficacy of BMB-101, in adult patients with classic Absence Epilepsy and Developmental Epileptic Encephalopathy (DEE).

Bright Minds and Firefly previously collaborated to analyze the data from Bright Minds’ first-in-human Phase 1 study of BMB-101 using Firefly’s BNA technology platform.

Ian McDonald, CEO of Bright Minds Biosciences, commented, “After successful use of the BNA platform to analyze the data from our Phase 1 study, we look forward to once again collaborating with the Firefly team at the conclusion of our Phase 2 program for our lead compound, BMB-101, to provide valuable insights into the EEG recordings during the study.

“We believe BMB-101 has the potential to be a best-in-class 5-HT2C agonist. This compound is not only poised to make a significant impact in both the DEE and Absence Epilepsy communities, but also has broad applicability across the 30% of all epilepsy patients who experience drug resistance.”

MoBot posted Bright Minds (NASDAQ: DRUG) on last at $1.426, before it ran to a new 52-week high of $79.02.

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