CSE: ABRT

Innovative mental health medicines

  • Biopharmaceutical drug discovery

  • Unique proprietary mental health medicines

  • Accelerated regulatory pathways

  • Patients with urgent and unmet needs

Our Target

PHARMACEUTICAL: KRN-101

A Psilocybin-based medicine derived from mycelium extracts, manufactured with our patented bioreactor technology

  • Natural
  • Standardized
  • Safe
  • Effective

LEAD INDICATION: CANCER-RELATED ANXIETY

  • No current treatment - unmet need
  • Fast expansion to addiction and PTSD
  • Access to early revenue in UK (through Real World Evidence)
  • Estimated revenue per patient $7,500
  • Patients currently suffering:
    • UK = 1 million
    • USA = 6 million
    • EU = 7 million

In the Media

“Psilocybin-assisted therapy is one of the most promising innovations for the treatment of depression seen for decades”
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Stock & Sector Performance

ABRT vs. Peers

Stoic Report (Oct 22)

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Psychedelics Index June

October 2022

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Key Assets

Value created from $4.7 million Series A raise

Canada

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  • Health Canada licensed lab

  • Government approved supplier (SAP)

  • Patent-protected bioreactor technology

  • In-house analytics

  • Fungi master cell-bank

Portugal

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  • GLP certified analytical and manufacturing lab

  • Scheduled substance license

  • Toxicological (animal) testing facility

  • KRN-101 manufacture for global distribution

UK

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  • Expert Clinical Advisory Board

  • Partnership with Manchester University

  • RWE Trial prepared - endorsed by National Cancer Research Institute (NCRI)

  • Clinical trial sites engaged

  • Patient pools identified

Australia

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  • First In-Human Studies

  • KRN-101 available for late-stage clinical trials

  • 43.5% cash rebate on all expenditure from Australian Govt.

  • Industry-leading partnerships

Accomplished Management Team

Previous experience...

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Next Steps:
Value Milestones

  • noun lab 1644333

    Pre-Clinical Studies Completed (Q4 2022)


    KRN-101 ready for regulatory submissions and available for licensing

  • noun people 5281919 1

    In-Human Study (Q2/Q3 2023)


    32 Patients
    43.5% rebate of all costs from Australian Govenment

  • noun pharmacy 4929640

    RWE Clinical Trial Initiation (Q4 2023)


    ~250 patients
    Cancer-related Distress
    Phase 2b (MHRA)

  • noun form 2268667

    FDA Application (Q4 2023)


    Phase 2b (FDA)
    Submissions for further trials in the US market

Clinical development programme with comparable valuations
AL Clinical Development Valuation Comparables
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