Emyria: Receives positive initial MDMA-analogue screening results

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Emyria Receives positive initial MDMA-analogue screening results

  • Emyria (EMD) receives positive results from the first batch of MDMA analogues screened for neuroreceptor activity from pharmaceutical development company, Eurofin
  • Results highlighted novel compounds with greater potency compared with MDMA for certain neuroreceptors at the test concentrations
  • The company says the early results are promising, with very few compounds excluded due to possible off-target concerns at the test concentrations
  • A second batch of compounds from the original analogue library is now being prepared for initial screening
  • The company is up 6.67 per cent, trading at 40 cents at 1:40 pm AEDT
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