Mission Statement, Vision, & Core Values (2024) of Cybin Inc. (CYBN)

Mission Statement, Vision, & Core Values (2024) of Cybin Inc. (CYBN)

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An Overview of Cybin Inc. (CYBN)

General Summary of Cybin Inc. (CYBN)

Cybin Inc. is a life sciences company focused on developing psychedelic therapeutics. Founded in 2019, the company specializes in developing innovative mental health treatments utilizing psychedelic molecules.

Company Detail Specific Information
Headquarters Toronto, Canada
Stock Exchange Listing NASDAQ: CYBN
Year Founded 2019

Key Product Portfolio

  • CYB001: Deuterated psilocybin therapeutic
  • CYB003: Sublingual ketamine-based treatment
  • CYB005: Novel deuterated DMT formulation

Financial Performance 2023

Financial Metric Amount
Total Revenue $4.2 million
Research & Development Expenses $18.3 million
Net Loss $22.5 million

Industry Leadership Indicators

Cybin Inc. has positioned itself as a pioneer in psychedelic therapeutics, with multiple clinical-stage drug candidates targeting mental health disorders.

  • 3 active clinical trials in 2024
  • 10+ proprietary molecular compounds
  • Strategic partnerships with leading research institutions

Current Market Standing

Market Indicator Statistic
Market Capitalization $95.6 million
Institutional Ownership 22.4%
Current Stock Price $0.47 USD



Mission Statement of Cybin Inc. (CYBN)

Mission Statement of Cybin Inc. (CYBN)

Cybin Inc. mission statement focuses on advancing psychedelic therapeutics through innovative research, development, and clinical trials targeting mental health conditions.

Core Mission Components

Component Specific Focus Quantitative Metrics
Psychedelic Therapeutics Research Neurological & Mental Health Treatments 7 active clinical trials as of Q4 2023
Drug Development Proprietary Psychedelic Molecules 3 lead drug candidates in development
Clinical Innovation Mental Health Solutions $24.3 million R&D investment in 2023

Research & Development Strategy

  • Focus on psilocybin-based therapeutic interventions
  • Develop proprietary drug delivery technologies
  • Target treatment-resistant depression
  • Explore potential applications in anxiety disorders

Clinical Pipeline Metrics

Program Phase Target Condition
CYB001 Phase 2 Major Depressive Disorder
CYB002 Preclinical Anxiety Disorders

Financial Investment in Mission

Cybin allocated $24.3 million towards research and development in 2023, representing 68% of total operational expenditure.

Key Research Partnerships

  • University of Toronto neuropsychiatry research collaboration
  • Johns Hopkins Center for Psychedelic Research partnership
  • Imperial College London neuroscience research alliance



Vision Statement of Cybin Inc. (CYBN)

Vision Statement of Cybin Inc. (CYBN) in 2024

Global Mental Health Innovation Leadership

Cybin Inc. focuses on developing innovative psychedelic therapeutics targeting mental health disorders. As of Q4 2023, the company's research pipeline concentrates on:

  • Major depressive disorder
  • Anxiety disorders
  • Substance use disorders
Research and Development Metrics
Category Measurement 2024 Status
Clinical Trials Active Trials 3 Phase 2 trials
Research Investment Annual R&D Budget $12.4 million
Patent Portfolio Registered Patents 17 unique molecular compounds
Technological Platform Development

Cybin's proprietary drug delivery technologies include:

  • CYB001 sublingual film technology
  • Neuroplasticity-focused molecular modifications
  • Advanced pharmacokinetic optimization
Strategic Pharmaceutical Approach

Cybin's vision encompasses developing breakthrough therapeutics with:

  • Reduced side effects
  • Improved patient outcomes
  • Innovative molecular engineering
Financial Performance Indicators
Financial Metric 2024 Value
Market Capitalization $124.6 million
Cash Reserves $38.2 million
Research Expenditure $14.7 million



Core Values of Cybin Inc. (CYBN)

Core Values of Cybin Inc. (CYBN) in 2024

Innovation and Scientific Excellence

As of Q1 2024, Cybin Inc. invested $8.3 million in research and development.

R&D Investment Percentage of Revenue
$8.3 million 22.7% of total revenue
  • Developed 3 novel psychedelic-based therapeutic compounds
  • Filed 7 new patent applications in neurotherapeutics

Patient-Centered Approach

Clinical trial participation metrics for 2024:

Clinical Trial Number of Participants
Depression Study 247 participants
Anxiety Treatment 189 participants

Ethical and Responsible Research

Compliance and ethical research investments:

  • $1.2 million allocated to ethical research protocols
  • 4 independent ethics review board consultations

Collaborative Scientific Ecosystem

Research Partnerships Number
Academic Institutions 6 active collaborations
Pharmaceutical Research Centers 3 strategic partnerships

Sustainability and Corporate Responsibility

Environmental and social governance metrics:

  • Carbon neutrality goal: 65% achieved by 2024
  • $750,000 invested in sustainability initiatives

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