Magdalena Biosciences, Inc.


Joint venture formed in 2023 to develop pharmaceutical-grade botanical drug candidates for mental health indications. States an accelerated development timeline from plant collection to initiation of clinical proof-of-concept studies (12–24 months). Holds an exclusive license to a large, characterized library of medicinal plants and plant extracts and pursues IND-enabled drug development under FDA Botanical Drug Guidance.

Industries

Health Care
Medical
Biotechnology Research

Nr. of Employees

small (1-50)


Products

Pipeline of IND-enabled botanical drug candidates

A portfolio of botanical drug candidates under development for ADHD, schizophrenia, anxiety and depression, intended to be advanced to IND-enabling studies and clinical proof-of-concept trials.

Expertise Areas

  • Botanical drug development
  • Ethnobotany and sustainable sourcing
  • Preclinical pharmacology for neuropsychiatric indications
  • IND-enabling study execution
  • Show More (4)

Key Technologies

  • Botanical extraction and purification
  • Standardized botanical formulation
  • Analytical chemistry for phytochemical characterization
  • Preclinical pharmacology assays
  • Show More (4)

News & Updates

Press release about authorization of an access and benefit-sharing agreement to support research.

Announcement of initiation of preclinical studies evaluating plant extracts for multiple mental health indications.

Joint venture formed in 2023 with a funding commitment of US $1,000,000 from an external investor to support botanical drug development.

Importation of coca leaf material for research and a related access and benefit-sharing agreement authorized by Peru's INIA.


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