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TORONTO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (TSX:REUN, NASDAQ:REUN) ("Reunion" or the "Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions and MPM BioImpact ("MPM") are pleased to announce the completion of the previously announced plan of arrangement (the "Arrangement") effective today, whereby MPM acquired Reunion in an all-cash transaction valued at approximately US$13.1 million by way of a court-approved plan of arrangement under Section 192 of the Canada Business Corporations Act. Pursuant to the terms and conditions of a definitive arrangement agr
TORONTO, July 14, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (TSX:REUN, NASDAQ:REUN) ("Reunion" or the "Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions is pleased to announce that, earlier today, the Ontario Superior Court of Justice (Commercial List) granted a final order approving the proposed arrangement (the "Arrangement") under Section 192 of the Canada Business Corporations Act, with affiliates of MPM BioImpact ("MPM"). As previously announced, the Arrangement was approved by shareholders of the Company at its special meeting of shareholders held on July 12, 2
TORONTO, July 13, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (TSX:REUN, NASDAQ:REUN) ("Reunion" or the "Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, is pleased to announce the voting results of the special meeting of shareholders of Reunion held yesterday, July 12, 2023 (the "Meeting"). At the Meeting, shareholders voted in favour of a special resolution (the "Arrangement Resolution") to approve the proposed plan of arrangement (the "Arrangement") under Section 192 of the Canada Business Corporations Act, whereby affiliates of MPM BioImpact would acquire Reu
Common Shareholders to Receive Consideration of US$1.12 Per Share in Cash from the Arrangement Agreement with MPM BioImpact; Special Shareholder Meeting Scheduled July 12 Presented Encouraging Phase 1 Final Analysis at American Society of Clinical Psychopharmacology Annual Meeting TORONTO, June 29, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or the "Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, today reported fiscal results for the fourth quarter and year ended March 31, 2023 and provided a corporate update. Corporate Updates
NEW YORK, June 03, 2023 (GLOBE NEWSWIRE) -- GreenLight Biosciences Holdings, PBC (NASDAQ:GRNA) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of GRNA to a group of buyers led by Fall Line Capital, LLC for $0.30 per share in cash. If you are a GRNA investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected]. Arlington Asset Investment Corp. (NYSE:AAIC) Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connect
Reunion Common Shareholders to Receive Consideration of US$1.12 Per Share in Cash Represents a 43.1% Premium to the 30-Day Volume Weighted Average Price Reunion Presents Encouraging Phase 1 Final Analysis at American Society of Clinical Psychopharmacology Annual Meeting, Enabling Advancement into Phase 2 in 2H 2023 TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or the "Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that it has entered into a definitive arrangement agreement dated May 31, 2023 (the
TORONTO, April 25, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that management will host a corporate presentation at the 2023 Bloom Burton & Co. Healthcare Investor Conference being held on April 25-26 at the Metro Toronto Convention Centre in Toronto, Ontario, Canada. Reunion's presentation will take place on Wednesday, April 26 at 2:30 PM ET. A webcast of the presentation is accessible via this link: https://wsw.com/webcast/bloomburton8/reun/2772638.
TORONTO, April 25, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that on April 19, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market ("NASDAQ") indicating that, based upon the closing bid price of the Company's common shares for the 30 consecutive business day period between March 7, 2023, through April 18, 2023, the Company did not meet the minimum bid price of U.S. $1.00 per common share required for continued listi
- Seasoned Psychiatrist and Global Pharmaceutical R&D Executive with Over Two Decades of Experience in Clinical Development, Including at Eli Lilly, Johnson & Johnson, Bristol Myers Squibb and Sunovion Pharmaceuticals TORONTO, April 03, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that it has appointed psychiatrist Fred Grossman, D.O., FAPA, to its Board of Directors. Dr. Grossman has over two decades of experience in clinical development and medical affairs, ph
TORONTO, March 27, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that the Company's first-in-human results for lead asset, RE104, have been accepted for a poster presentation at the 2023 American Society of Clinical Psychopharmacology (ASCP) Annual Meeting, taking place on May 30 through June 2 in Miami. Dr. Robert Alexander, Reunion's Chief Medical Officer, will share the findings on RE104, a proprietary, novel serotonergic psychedelic being developed as a potent
Company Completed Phase 1 Interim Data Analysis for Lead Asset, RE104, Which Showed Strong Safety and Tolerability with Differentiated Profile; Final Data Anticipated in Mid-2023 Continued to Strengthen Executive Team; Named Dr. Robert Alexander as Chief Medical Officer At December 31, 2022, Reunion Held CAD $32.4 Million in Cash and Cash Equivalents TORONTO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, today provided a business update and re
TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that the Company plans to release its business update and financial results for Reunion's fiscal 2023 third quarter ended December 31, 2022, before market open on Tuesday, February 14, 2023. The Company will hold a conference call and webcast to discuss its results at 8:30 a.m. ET the same day. To access the call, please dial 1-877-407-9716 (within the U.S.) or 1-201-493-6779 (outside the U.S.) and provide conferen
- Seasoned Psychiatrist and Global Pharmaceutical R&D Executive with Over Two Decades of Experience in Clinical Development, Including at Eli Lilly, Johnson & Johnson, Bristol Myers Squibb and Sunovion Pharmaceuticals TORONTO, April 03, 2023 (GLOBE NEWSWIRE) -- Reunion Neuroscience Inc. (NASDAQ:REUN, TSX:REUN) ("Reunion" or "the Company"), a clinical-stage biopharmaceutical company committed to developing innovative and patented therapeutic solutions for underserved mental health conditions, announced today that it has appointed psychiatrist Fred Grossman, D.O., FAPA, to its Board of Directors. Dr. Grossman has over two decades of experience in clinical development and medical affairs, ph
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First Ever Professional Practice Guidelines For Psychedelic-Assisted Therapy Published The American Psychedelic Practitioners Association (APPA) and BrainFutures have published the first-ever set of professional practice guidelines for the provision of psychedelic-assisted therapy. APPA is the national entity advocating for the integration of psychedelics into the U.S. healthcare system. The partners say the specificity of the psychedelic therapy model -combining psychedelic administration and therapy in the same session- calls for practitioners to hold “new processes and competencies.” Learn more HERE. DMT As A Treatment For Stroke? Phase 2 Study Looks Closer Algernon NeuroScience (AGN
Clinical-stage psychedelics biotech Reunion Neuroscience (NASDAQ:REUN) and MPM BioImpact have completed their announced plan of arrangement for MPM’s acquisition of Reunion for approximately $13.1 million. The company’s shareholders approved the transaction proposal at a special meeting on July 12, and the Ontario Superior Court of Justice for commercial list did so on July 14. Following Section 192 of the Canadian BCA and terms and conditions of the definitive arrangement agreement dated May 31, all holders of Reunion’s outstanding common shares are entitled to receive $1.12 in cash for each share held immediately prior to the effective time of the arrangement. All registered shareholde
Minneapolis Mayor Deprioritizes Psychedelics: 'We Should Be In The Business Of Helping People' Minneapolis Mayor Jacob Frey recently signed an executive order effectively deprioritizing criminal prosecution for possession, use, purchase, cultivation and engaging in practices with “entheogenic plants or plant compounds." The order also averts the use of local resources in support of federal and state actions against the substances “unless required by law.” The edict only applies to “natural” substances and excludes any synthetic ones. Moreover, it doesn’t refer to them as “psychedelics,” but instead as “naturally-occurring psychoactive compounds” or “entheogens.” Keep reading HERE. Germ
As Reunion Neuroscience (NASDAQ:REUN) and Mindset Pharma (OTC:MSSTF) continue their court battle over claims on a novel 4-OH-DiPT prodrug, private biotech company Terran Biosciences has also filed a patent application over a proprietary polymorph, reported Noah Smith. 4-HO-DiPT is a psychedelic compound with LSD and psilocin-like effects, but holding a shorter onset of action and duration. Reunion filed a lawsuit against Mindset Pharma back in March, stating the latter’s purposeful copy of its lead drug candidate RE104 and its following IP claims, which eventually obstructed Reunion’s operations forward. Terran Biosciences has filed a patent application for solid forms of 4-OH-DiPT hemi
Clinical-stage psychedelics company Reunion Neuroscience (NASDAQ:REUN) is about to close on its take-private transaction with MPM BioImpact affiliates, as shareholders voted for a special resolution approving the proposed arrangement plan on July 12. Following suit, the Ontario Superior Court of Justice granted a final order approving the proposed arrangement under Section 192 of Canada’s BCA. Both companies entered a definitive arrangement agreement for the acquisition of Reunion in an all-cash transaction of $13.1 million this past May 31. They anticipate closing on or about July 21, 2023. The arrangement resolution required the approval of at least two-thirds (66%) of the votes cast by
https://www.marijuanamoment.net/california-psilocybin-legalization-campaign-cleared-to-collect-signatures-for-2024-ballot-initiative/ California officials have cleared a campaign to begin signature gathering for a 2024 ballot initiative to legalize the possession, sale and regulated therapeutic use of psilocybin. It’s one of at least two campaigns in the state that are seeking to enact psychedelics reform through the ballot process next year. Decriminalize California, which has previously sought ballot placement for similar measures in two prior election cycles, announced over the weekend that the state attorney general’s office approved the title and summary for the current initiative on
https://www.marijuanamoment.net/bipartisan-lawmakers-push-for-marijuana-and-psychedelics-amendments-to-defense-bill-but-committee-action-is-delayed/Bipartisan lawmakers pushed for the adoption of marijuana and psychedelics amendments as part of a large-scale defense bill at a House committee meeting on Tuesday—but the proposals' fate remains uncertain following complications over unrelated measures being pushed by conservative members.The House Rules Committee did clear 290 largely non-controversial amendments to the National Defense Authorization Act (NDAA) for floor votes as the leadership negotiates with House Freedom Caucus members who are demanding adoption of contentious measures on is
World's Largest Psychedelics Conference Boasts 12K Attendees The Multidisciplinary Association for Psychedelic Studies (MAPS) sponsored a Psychedelic Science conference in Denver last week, which gathered over 12,000 people from the entire psychedelics spectrum. The list of attendees included the most knowledgeable individuals in the field, as well as grassroots organizations, practitioners, scientists, politicians, veterans, celebrities, publicly traded companies and psychonauts including famed podcast host Dr. Andrew Huberman; NFL star quarterback Aaron Rodgers; and actor Jaden Smith, who advocate awareness expansion and access to psychedelic-assisted therapies as mental health treatment
Clinical-stage psychedelics firm Reunion Neuroscience Inc. (NASDAQ:REUN) reported fiscal results for the fourth quarter and year ended March 31 plus corporate updates. Here's a breakdown of the report: Cash and cash equivalents of $20.9 (CA$27.7) million as of March 31, compared to $48 million held on the same date in 2022. R&D expenses of $3.3 and $9.8 million for the three and twelve-month periods, compared to $1.7 and $5.3 million for the same periods in 2022. G&A expenses of $3 and $9.8 million for the three and twelve-month periods ended March 31, 2023 compared to $2.3 and $8.3 million for the same periods in 2022. Cash used in operating activities totaled $21 mil
Reunion Neuroscience (NASDAQ:REUN) reported its Q4 earnings results on Thursday, June 29, 2023 at 07:30 AM. Here's what investors need to know about the announcement. Earnings Reunion Neuroscience missed estimated earnings by 41.38%, reporting an EPS of $-0.41 versus an estimate of $-0.29. Revenue was down $1.36 million from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.16 which was followed by a 0.8% increase in the share price the next day. To track all earnings releases for Reunion Neuroscience visit their earnings calendar here. This article was generated by Benzinga's automated content engine and reviewed by an editor.