11:38:05 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Cybin Inc
Symbol CYBN
Shares Issued 171,516,801
Close 2022-10-07 C$ 0.82
Market Cap C$ 140,643,777
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Cybin recognizes World Mental Health Day

2022-10-11 00:16 ET - News Release

Mr. Doug Drysdale reports

CYBIN & THE CHOPRA FOUNDATION RECOGNIZE WORLD MENTAL HEALTH DAY

Cybin Inc. and The Chopra Foundation, a not-for-profit organization dedicated to improving health and well-being, founded by Dr. Deepak Chopra, join everyone in recognizing World Mental Health Day. The two organizations continue to work toward the research and education of psychedelic-based therapies and their role in enhancing well-being and consciousness.

According to the World Health Organization (WHO), over 900 million people are affected by mental illness around the world. The pandemic has increased the number of individuals who are affected by different forms of mental illness. In 2021, the WHO released data that over 280 million people were affected by depression.

"World Mental Health Day sends a reminder that our mental health is just as important as our physical health," said Doug Drysdale, Cybin's chief executive officer. "At Cybin, mental health and well-being is at the centre of everything that we do. It's this value that drives us to invest our energy and resources to discover new and innovative treatment options for mental health conditions. The commitment from organizations like The Chopra Foundation plays a critical role in this goal, and we are proud to partner with the foundation to continue to educate and support what is possible for the treatment of mental health from psychedelics."

This year's World Mental Health Day theme is make mental health and well-being for all a global priority, and marks an opportunity for people with mental health conditions, advocates, governments, employers, employees and other stakeholders to come together to recognize progress in the field and to be vocal about what is needed to ensure mental health and well-being become a global priority for all. These initiatives are at the forefront of the work that Cybin and The Chopra Foundation are doing together to ensure that everyone has access to well-being resources, including those in underserved communities. An example of these initiatives is through The Chopra Foundation's never alone movement.

"The Chopra Foundation is committed to working with Cybin for creative and holistic solutions for alleviating the immense human suffering from mental disorders," said Mr. Chopra, The Chopra Foundation founder, chairman of the board and director. "Psychedelics research, creating support communities, emotional [artificial intelligence] and love in action through NeverAlone.love are just some of the areas we are working together on."

"On World Mental Health Day, we recognize the urgency and desperate need to provide resources to those that are suffering. For that, we are grateful for the collaboration between Cybin and the Chopra Foundation, which is meaningful on multiple levels," said Poonacha Machaiah, chief executive officer of The Chopra Foundation. "Mental health and longevity are core pillars of the Chopra Foundation, and we look forward to continuing to create an impact through our partnership with Cybin."

About Cybin Inc.

Cybin is a leading ethical biopharmaceutical company, working with a network of world-class partners and internationally recognized scientists, on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in Canada, the United States, the United Kingdom, the Netherlands and Ireland. The company is focused on progressing psychedelics to therapeutics by engineering proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches and treatment regimens for mental health disorders.

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