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Enveric Biosciences Nears Key Clinical Milestone with Novel Drug Candidate
Enveric Biosciences is advancing its lead drug candidate, EB-003, toward human clinical trials with an Investigational New Drug (IND) application targeted for 2026. EB-003 is a neuroplastogenic molecule designed to treat depression and anxiety disorders without hallucinogenic side effects. The company is in a strong financial position, being debt-free, which analysts view as a significant advantage as it prepares for the capital-intensive clinical phase.