Emyria Expands Specialist AP Team - First Female for MDMA-AT
Released
Released
Announcement PDF
Delivering & developing new treatments for mental
health & neurological conditions
ASX Announcement | 05 April 2024
Emyria Expands Authorised Prescriber Team with First Female
Specialist Approved for MDMA-Assisted Therapy for PTSD
HIGHLIGHTS
Emyria’s second psychiatrist receives "Authorised Prescriber" (AP) approval from the TGA.
Authorisation reflects Emyria's dedication to expanding mental health care treatment
options under the strict regulatory, ethical, and safety frameworks mandated by the TGA.
Emyria’s second AP is believed to be the first, and currently only, female Authorised
Prescriber for MDMA-assisted therapy in Australia.
An additional AP increases Emyria’s capacity for trials and patient care, and aligns with
current clinical facility expansion efforts.
Emyria Limited (ASX: EMD) (“Emyria”, or the “Company”) focused on delivering and
developing new treatments for mental health and select neurological conditions, is pleased
to announce the Company’s first female psychiatry specialist has been granted "Authorised
Prescriber" status by the Therapeutic Goods Administration (TGA). The authorisation enables
the prescribing of MDMA according to an ethics committee endorsed care model developed
by Emyria 1 and within the strict regulatory framework established by the TGA for the
treatment of Post-Traumatic Stress Disorder (PTSD). 2
Market Potential - Unmet Needs in Post-Traumatic Stress Disorder (PTSD) Treatment:
PTSD affects approximately 1 million Australians 3. With up to one third of patients failing to
benefit from conventional therapies, there is a growing need amongst patients and clinicians
for more effective treatments. MDMA-assisted therapy (MDMA-AT) is being evaluated as a
treatment for PTSD and multiple Phase 3 clinical trials have been conducted by MAPS in the
USA. 4, 5 However, very few clinical services can provide and evaluating these therapies given
the complex coordination required.
Emyria is currently evaluating MDMA-AT therapy for PTSD in an ethics-approved clinical trial
(EMDMA-001) as well as under the Company’s active Authorised Prescriber program via a
recent binding research service agreement with charity Reach Wellness to evaluate the
treatment for first responders with PTSD. 6
Commercialisation Strategy
Emyria is at the forefront of addressing the significant unmet need in PTSD treatment and
has invested substantially over the past few years in establishing the comprehensive support
infrastructure required to deliver and evaluate new treatments like MDMA-AT. The
Company’s expertise comprises navigating regulatory frameworks, conducting clinical trials,
and developing ethical, patient-centred care models for direct patient care.
Emyria ASX Announcement | 05 Apr 2024
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Commercialisation Strategy (Continued)
Additional Authorised Prescribers on staff directly supports the Company’s efforts by
providing more capacity for clinical trials, patient care and associated service revenues.
To capitalise on its unique suite of capabilities, Emyria is exploring the potential of a scalable
commercialisation strategy that involves licensing its model via clinical partnerships with
mental health care providers across Australia as well as engaging with large health payers
with the goal of helping improve access to new treatments for patients that may benefit.
Expansion Model
Emyria’s infrastructure supports the delivery and evaluation of multiple psychedelic-assisted
therapies. Recognising the potential of various psychedelic-assisted approaches in treating a
range of mental health conditions, Emyria plans to expand its treatment portfolio to include
ketamine- and psilocybin-assisted therapies in the longer term.
There are currently no products containing psilocybin or MDMA included in the Australian
Register of Therapeutic Goods (ARTG) that have been evaluated by the TGA for safety, quality
and efficacy. However, there is now sufficient evidence that psilocybin and MDMA will
potentially be effective in the treatment of treatment-resistant depression (TRD) and PTSD,
respectively, for certain patients. In particular, clinical trials have shown promise when they
are used in combination with psychotherapy conducted in strictly controlled medical
settings.
By leveraging the Company’s existing capabilities and infrastructure, Emyria aims to
become a comprehensive provider of specialist-led, legal, psychedelic-assisted therapies
where allowed and indicated.
Long-term Innovation Pipeline
The Company is utilising the revenues and data generated from its clinical services to
support proprietary innovation efforts including new care models and novel drug
development. The Company is currently advancing an ambitious MDMA analogue
development program with global partners, the University of Western Australia (UWA) and
the National Institute of Health (NIH) in the USA.7 The Company has also been given a clear
search report from the international patent examiner 7, indicating the novelty and potential
patentability of a massive library of novel MDMA analogues with the potential to become a
new treatments for PTSD.
Dr. Michael Winlo, CEO, commented: "Our second authorisation demonstrates Emyria’s
commitment and ability to increase our service capacity to evaluate emerging treatments
for mental health within the strict regulatory frameworks established by the TGA.
“Our initial focus is on evaluating MDMA-assisted therapy for PTSD. With the female
incidence of PTSD almost twice that of males, we are pleased to support an approach that
acknowledges and addresses the specific needs of women suffering from PTSD by
supporting the first approved female Authorised Prescriber for MDMA-AT.
“We are excited to be building a unique company that is both directly helping patients
today, while also applying its revenue and unique data insights to support a long-term
innovation agenda. “
Emyria ASX Announcement | 05 Apr 2024
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Risks associated with the use of Psilocybin, MDMA and Ketamine 8
All medicines carry risks and specialist prescribers, such as registered psychiatrists, are best
placed to assess the suitability of a new medication against a patient’s individual
circumstances and medical history before proceeding. Adverse effects of psilocybin can
include temporary increase in blood pressure and a raised heart rate. Adverse effects of
MDMA include high blood pressure, increased pulse rate, faintness, and panic attacks, and in
some rare cases it can cause loss of consciousness or trigger seizures. Other side effects
include involuntary jaw clenching, decreased appetite, restless legs, nausea, headache,
sweating and muscle/joint stiffness. These effects of psilocybin and MDMA are unlikely at
low doses in the treatment regimens used in psychedelic-assisted psychotherapy while
appropriately managed in a controlled environment with direct medical supervision.
Ketamine has potential to cause acute physical, psychiatric, psychotomimetic and cognitive
side effects following a single dose and cumulative side effects resulting from repeated
dosing. The majority of studies of ketamine in depression have examined side effects only
acutely and after a single dose, with limited studies examining safety in repeated doses.
Acute physical adverse effects of ketamine include hypertension, sedation, nausea or
vomiting, headache, poor coordination, poor concentration, dizziness, blurred vision, and
restlessness. The potential of ketamine to induce acute hypertension, lower urinary tract
dysfunction and interstitial cystitis, and alter hepatic function, and noting that ketamine is
metabolised by the liver, warrant screening for relevant pre-existing conditions.
References:
1.
2.
3.
4.
5.
6.
7.
8.
See ASX release 30 October 2023
https://www.tga.gov.au/news/media-releases/change-classification-psilocybin-and-mdma-ena
ble-prescribing-authorised-psychiatrists
The availability of these products is subject to the safety and efficacy of the products being
tested through clinical trials. Emyria makes no representations or warranties as to the safety or
efficacy of the products or the products’ ability (or the ability of its key compounds) to be used
in the treatment of indications such as PTSD. There are currently no approved products
containing MDMA that the TGA has evaluated for quality, safety and efficacy. Consumers should
be aware that MDMA may cause side effects, as set out in the “Risks associated with the use of
MDMA” in this announcement.
https://www.phoenixaustralia.org/news/ptsd-awareness-day-2022/
Mitchell, J.M., et al. MDMA-assisted therapy for severe PTSD: Nat Med 27, 1025–1033 (2021)
Mitchell, J.M., et al. MDMA-assisted therapy for moderate to severe PTSD: Nat Med (2023).
https://doi.org/10.1038/s41591-023-02565-4
See ASX release 02 April 2024
See ASX release 28 February 2024
https://www.ranzcp.org/getmedia/75baa529-2b71-419f-993a-2ff64ede50fe/cm-use-of-ketaminein-psychiatric-practice.pdf
This release has been approved by the Board of Emyria.
FOR FURTHER INFORMATION
Managing Director
Michael Winlo
+61 (0) 8 6559 2800
mwinlo@emyria.com
Emyria ASX Announcement | 05 Apr 2024
Media Contact
Haley Chartres
+61 (0) 423 139 163
haley@hck.digital
Corporate Advisor
Sufian Ahmed
+61 (0) 412 316 162
info@62capital.com.au
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emyria.com
Emyria Limited is focused on developing and delivering new treatments for mental health and select
neurological conditions through through an integrated model of direct clinical services and drug
development:
generates
Emyria Healthcare: Evidence-based treatment for patients not finding relief from
conventional care while also helping evaluate emerging new therapies like
MDMA-assisted therapy for PTSD 1
Emyria Data: Robust and ethically-sourced Real-World Data gathered with patients
and used to improve Emyria’s unique therapy and drug development programs.
informs
Emyria’s Pipeline: One of the world's largest libraries of unique MDMA-like
compounds developed in partnership with the University of Western Australia seeking
new psychedelic-assisted therapies and treatments for neurological diseases as well as
highly potent dose forms of Ultra-Pure CBD seeking registration for a range of mental
health and neuroscience indications.
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Investorhub.emyria.com Interact with Emyria’s announcements and updates
by asking questions and comments, which our team can respond to where possible.
CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS Any statements in this press release about
future expectations, plans and prospects for the Company, the Company’s strategy, future operations, and
other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,”
“predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar
expressions, constitute forward-looking statements. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various important factors, including: the
Company’s ability to successfully develop its product candidates and timely complete its planned clinical
programs and the Company’s ability to obtain marketing approvals for its product candidates. In addition,
the forward-looking statements included in this press release represents the Company’s views as of the
date hereof. The Company anticipates that subsequent events and developments will cause the
Company’s views to change. However, while the Company may elect to update these forward-looking
statements at some point in the future, the Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as representing the Company’s views as of any
date subsequent to the date hereof.
Emyria ASX Announcement | 05 Apr 2024
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