7/2/2023 0 Comments Novamind subscription![]() Numinus announce the appointments of Dr. Reid Robison (MD) as Chief Clinical Officer and Dr. Paul Thielking (MD) as Chief Science Officer, who both join the Company from Novamind. They’d be relying on those resources to grow and scale what Novamind had from where it is today, and that will be a big focus for Numinus.īut resources in personnel will carry on. He says that Novamind built an amazing company on a shoestring budget, but Numinus Wellness has a robust marketing team, finance team, and other resources. But that can’t come at the expense of a good, strong infrastructure and foundations with traditional mental health treatment. With the changes to the regulatory environment, and Canada being on ‘ the precipice’ of making psychedelics accessible, there’s a necessity to be able to offer different treatments within a therapeutic setting, Nyquvest says. But diversification and cash runway, he agrees, are probably the top two priorities for any company seeking sustainability in this space. Part of the acquisition brings up efficiencies and improves margins, says Nyquvest. “We’re now without question the top revenue generating company in the space, but also with a very clear path to profitability.” Numinus Has Two Priorities Now In Developing A Sustainable Business Model ![]() “It continues with our commitment around scaling out this platform, and really where we see value being created within the psychedelic space,” Nyquvest says. Additionally, they gain four clinical research facilities and a dedicated psychedelics research lab. Acquisition Of Novamind Gives Numinus Wellness Control Of Wellness Clinics, Research FacilitiesĪ very exciting portion of the acquisition for Numinus is gaining control of thirteen wellness clinics previously run by Novamind. We’re happy to welcome CEO Payton Nyquvest back to The Dales Report to discuss the Friday news. (TSE: NUMI ) (OTCMKTS: NUMIF) is a mental healthcare company advancing innovative treatments and safe, evidence-based psychedelic assisted psychotherapy. Late last week, Numinus Wellness Inc issued a press release that they had completed the acquisition of Novamind and announced executive appointments.
0 Comments
Leave a Reply. |