Clearmind Medicine appoints ex-Red Bull exec to help develop alcohol substitute

Clearmind Medicine, an Israeli biotech focused on discovery and development of novel psychedelic-derived therapeutics, has appointed Nicholas Kadysh as special advisor for the development of MEAI as an alcohol substitute.

Kadysh, a former executive at Red Bull Canada and Juul Labs Canada, is a career expert on navigating complex regulatory challenges in the health and food industry. He is the founder of PharmAla Biotech, which manufactures MDMA- and MDXX-class molecules for pharmaceutical research, and the Board Chair of Psychedelics Canada, the trade association for the for-profit, legal Canadian psychedelics industry.

In parallel to developing its innovative novel psychedelic-derived drug candidate MEAI for treating addictions, Clearmind is also building a parallel track in which MEAI is deployed as an alcohol substitute. The company is currently preforming the safety studies for this.