Quantum Biopharma Provides Corporate Update


Quantum is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc. (“Lucid“), Quantum is focused on the research and development of its lead compound, Lucid-MS. Lucid-MS is a patented new chemical entity shown to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. Quantum invented UNBUZZD™ and spun out its OTC version to a company, Unbuzzd Wellness Inc. (“Unbuzzd“) (formerly, Celly Nutrition Corp.), led by industry veterans. Quantum retains ownership of 19.48% (as of June 30, 2026) of Unbuzzd at www.unbuzzd.com. The agreement with Unbuzzd also includes royalty payments of 7% of sales from unbuzzd™ until payments to Quantum total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Quantum retains 100% of the rights to develop similar products or alternative formulations specifically for pharmaceutical and medical uses.



Source link

  • Related Posts

    The Best Portable Air Conditioners of 2026

    If you want fresh, cool air without the stress of a window AC installation, a portable air conditioner can be a great solution. Think of these appliances as AC units…

    Stellantis is considering closing and selling Brampton assembly plant, Unifor says

    Listen to this article Estimated 5 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    WATCH: Rescued baby spider monkeys find a new home at the Nashville Zoo

    WATCH:  Rescued baby spider monkeys find a new home at the Nashville Zoo

    Tokyo’s Sushi Bus Combines Conveyor Belt Dining With Open-Air Sightseeing

    Tokyo’s Sushi Bus Combines Conveyor Belt Dining With Open-Air Sightseeing

    Miami’s Lionel Messi fined by MLS for slapping opponent

    Miami’s Lionel Messi fined by MLS for slapping opponent

    The Best Portable Air Conditioners of 2026

    The Best Portable Air Conditioners of 2026

    Chris Selley: On Canada-U.S. trade negotiations, what are we even doing?

    Chris Selley: On Canada-U.S. trade negotiations, what are we even doing?

    Stellantis is considering closing and selling Brampton assembly plant, Unifor says

    Stellantis is considering closing and selling Brampton assembly plant, Unifor says