NeonMind And BioScript Solutions Announce Strategic Partnership Expanding NeonMind’s Specialty Clinic Network For Interventional Psychiatry Treatments
NeonMind And BioScript Solutions Announce Strategic Partnership Expanding NeonMind’s
Specialty Clinic Network For Interventional Psychiatry Treatments
Vancouver, B.C. – March 03, 2022, NeonMind Biosciences Inc. (CSE: NEON) (OTCQB: NMDBF) (FRA: 6UF)
(“NeonMind'' or the “ Company”), an integrated drug development and wellness company focused on
bringing innovative psychedelic -based treatments to people suffering from obesity and mental health
disorders, announced today a strategic partnership with BioScript Solutions, a Canadian leader in specialty
care. Under the terms of the partnership, NeonMind and BioScript Solutions will leverage BioScript
Solutions’ extensive national network of community -based infusion clinics to expand access to
NeonMind’s interventional psychiatry and unique treatment programs for Canadians.
Since 2001, BioScript Solutions’ clinical network has been providing patients with a safe, comfortable
environment to receive specialty therapies for chronic health conditions. With over 100 conv eniently
located clinics across the country, run by a team of highly experienced nurses, BioScript remains
committed to being at the forefront of innovative patient care. NeonMind expects to select and announce
its first location within BioScript Solutions ’ network in the first half of 2022. The Company expects to
provide care through additional clinic locations throughout 2022, expanding to further locations and
services in 2023 and beyond.
“We are thrilled to advance the development of our specialty clinics division through our partnership with
BioScript Solutions,” said Robert Tessarolo, President & CEO of NeonMind. “We now have multiple
strategic partnerships in place with leading specialty care providers and have built an enhanced clinic
network with greater reach. This positions us well to identify and open high -impact clinic locations that
will serve local community needs and expedite our time to market. We look forward to working with
BioScript Solutions to bring the therapeutic benefits of interventional psychiatry including evidence-based
innovative therapies such as psychedelic modalities to mental health patients across the nation.”
Commenting on the partnership, Chris Dalseg, Vice-President Strategic Growth and Marketing of BioScript
Solutions, said, “This partnership with NeonMind is part of our ongoing mission to simplify access to
specialty care for Canadians from coast to coast, and directly within their own communities. Mental health
continues to be a growing global health concern, and we are thrilled to be able to continue expanding the
breadth of our services supporting NeonMind’s novel approach to mental health treatments.”
About BioScript Solutions®
For over 20 years, BioScript Solutions has been committed to helping people with chronic illnesses
achieve the best possible health outcomes. With our total care approach, we simplify access to complex
drug therapies and deliver full-service specialty care solutions at every stage of the patients' treatment
journey. Through our logistics and distribution operations, specialty pharmacies, patient support
programs and clinical services, BioScript Solutions® has the capability to manage the needs of
manufacturers, payors, prescribers, and health care practitioners across Canada ― today, and
tomorrow. To learn more, please visit www.bioscript.ca.
About NeonMind Biosciences Inc.
NeonMind operates two divisions: (i) a pharmaceutical division engaged in drug development of
psychedelic compounds with two lead psilocybin-based drug candidates targeting obesity; and (ii) a
medical services division focused on launching specialty mental health clinics that integrate psychedelic
therapeutics into traditional psychotherapy settings.
In its pharmaceutical division, NeonMind has two distinct psilocybin drug development programs
targeting obesity. NeonMind’s lead candidate, NEO-001, employs psilocybin as an agonist at the
serotonin 5- HT2A receptor, which is involved in the hallucinogenic effect of psychedelics. The
Company’s second drug candidate, NEO-002, employs low-dose psilocybin as an agonist at the 5-HT2C
receptor, which controls appetite.
NeonMind and its strategic partners are building NeonMind-branded specialty mental health clinics in
Canada that incorporate evidence-based innovative interventional psychiatry treatments to address a
variety of mental health needs. For more information on NeonMind, go to
www.NeonMindBiosciences.com.
Rob Tessarolo, President & Chief Executive Officer, NeonMind Biosciences Inc.
Tel: 416-750-3101
Investor Relations:
KCSA Strategic Communications
Scott Eckstein/Tim Regan
Tel: 212-896-1210
The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this news
release.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward- looking information. These
statements relate to future events or NeonMind’s future performance. The use of any of the words "could",
"expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to
matters that are not historical facts are intended to identify forward- looking information and are based
on NeonMind’s current belief or assumptions as to the outcome and timing of such future events. Act ual
future results may differ materially. In particular, NeonMind’s drug development plans, its ability to retain
key personnel, and its expectation as to the development of its intellectual property and other steps in its
preclinical and clinical drug dev elopment constitute forward- looking information. Actual results and
developments may differ materially from those contemplated by forward- looking information. Readers
are cautioned not to place undue reliance on forward- looking information. The statements made in this
press release are made as of the date hereof. NeonMind disclaims any intention or obligation to publicly
update or revise any forward-looking information, whether as a result of new information, future events
or otherwise, except as may be expressly required by applicable securities laws.