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Novamind to Present at H.C. Wainwright 23rd Annual Global Investment Conference

Novamind to Present at H.C. Wainwright 23rd Annual Global Investment Conference

TORONTO, ON / September 8, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce its participation in the H.C. Wainwright 23rd Annual Global Investment Conference (“the Conference”), taking place virtually on September 13-15, 2021.

Novamind’s CEO and Director, Yaron Conforti, will present the Company’s business model focused on growing a national network of psychiatry clinics and clinical research sites to rapidly scale access to psychedelic medicine.

The corporate presentation will be available to registered Conference attendees for on-demand viewing beginning at 7:00 AM EST on September 13.

Qualified investors can learn more about the Conference and register to schedule a one-on-one meeting with Novamind’s management here.

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Samantha DeLenardo, VP, Communications
Email: media@novamind.ca

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

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Novamind Divests Non-Core Retreat Investment

Company to focus on its growing network of clinics and clinical research sites in the U.S.

TORONTO, ON / August 11, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, today announced that it has completed the sale of the Company’s investment in the Synthesis Institute, a leader in psychedelic retreats and practitioner training programs located in the Netherlands (“Synthesis”).

Novamind led Synthesis’ seed financing in 2019 with a strategic investment of €750,000 (the “Strategic Investment”). Pursuant to the terms of an agreement between Synthesis and Novamind, Synthesis purchased Novamind’s Strategic Investment for €1,200,000 yielding a 60 per cent return on investment.

“Novamind was a strategic investor in Synthesis at an early stage, helping to influence the company’s direction and expansion,” said Rachel Aidan, Chief Executive Officer of Synthesis. “We remain aligned in our common mission to increase access to safe, regulated psychedelic-assisted healing.”

Novamind realized gross proceeds of approximately CAN$1,760,000 from the sale of its Strategic Investment in Synthesis (“Sale Proceeds”). Including the Sale Proceeds, Novamind’s balance sheet is strengthened with a total of CAN$9,207,945 in cash and short-term investments, and no debt (unaudited figures as at August 10, 2021).

Novamind further announced that it has elected not to proceed with a proposed investment in the Circadia Center, a retreat company operating in Costa Rica. Exiting the Company’s investments in Synthesis and Circadia is a strategic decision that enables Novamind to focus on the expansion of its network of clinics and clinical research sites located in the United States.

“Novamind has experienced rapid growth in its two core businesses,” said Yaron Conforti, Chief Executive Officer and Director. “We’ve established a unique and scalable business model that serves clients at our clinics and drug developers at our research sites. We are now exclusively focused on the continued growth of our clinic and contract research organization businesses, with near-term expansion into other U.S. states and an exciting pipeline of clinical trials.”

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

About the Synthesis Institute
Founded in 2018, Synthesis is a legal, scientist-backed psychedelic wellness, research and education platform outside of Amsterdam. Synthesis is pioneering models for transformative wellness through professional, clinically-inspired psychedelic experiences and training, providing unprecedented access for people seeking alternative therapies, as well as new modes of study for researchers investigating the effects of psychedelics in a professional setting. For more information, or to set up an exploration call, visit www.synthesisinstitute.com and www.synthesisretreat.com.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Samantha DeLenardo, VP, Communications
Email: media@novamind.ca

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

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Novamind Strengthens Mental Health Expertise, Adds Communications Leader

Samantha DeLenardo joins from CAMH, Canada’s largest mental health teaching hospital and leader in mental health research

TORONTO, ON / August 6, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, today announced the appointment of Samantha DeLenardo as Vice President, Communications to lead Novamind’s communications, marketing and investor relations.

Ms. DeLenardo has spent most of her career in the healthcare sector and has proven expertise in communicating the strategic priorities of large and complex healthcare organizations. She joins Novamind from the Centre for Addiction and Mental Health (CAMH), Canada’s largest mental health teaching hospital and leader in mental health research. During this time, she managed internal and external communications, led the successful implementation of the online COVID-19 and mental health resource hub, and co-authored the hospital’s latest strategic plan with senior leadership.

“At Novamind, we care deeply about the clients and families we serve,” said DeLenardo. “We are prepared to meet this transformative moment for psychedelics and mental health, thanks in large part to the courage and years of advocacy by people with lived expertise and medical practitioners. Novamind understands both the responsibility and opportunity before us, and I look forward to sharing the Company’s story with the world.”

Ms. DeLenardo’s experience leading high-performing teams, nurturing relationships with key stakeholders and navigating healthcare systems and allied services will be critical in supporting Novamind’s U.S. expansion strategy for clinics and research sites. She will also provide key leadership to the Company’s social purpose initiatives by leveraging her humanitarian experiences as the co-founder of a national charity for post-secondary student-athlete mental health.

Yaron Conforti, Chief Executive Officer and Director of Novamind added, “Samantha is a strategic addition to our management team. Her unique experience gained from senior roles at CAMH and her ongoing contributions to the mental health sector will be invaluable as we drive conversations and strategic impact with a broad range of stakeholders and accelerate access to mental health services through the expansion of our clinic network.”

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Samantha DeLenardo, VP, Communications
Email: media@novamind.ca

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

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The company that’s about to double in size

Novamind Opens 5th Location Specialized in Integrative Psychiatry for Patients with Treatment-Resistant Conditions

From 4 to 8 clinics in 1 month!

Novamind (NM) is on track to double its network of clinics over the next few weeks, with the goal of expanding access to psychedelic-assisted therapy if granted FDA approval. The company opened its fifth clinic in Utah today and will open three more in the state by September before expanding to other states by the end of the year. The clinics will serve as referral centers for patients with treatment-resistant conditions including depression, eating disorders, PTSD and OCD.

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Novamind Has Applied to Have its Common Shares Posted for Trading on the OTCQB in the United States

Aims to increase visibility and facilitate investment for United States investors

TORONTO, ON / July 21, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce that it has submitted its application to have its common shares posted for trading on the OTCQB® Venture Market (the “OTCQB”), a U.S. trading platform operated by the OTC Markets Group, Inc. The Company has also applied for Depository Trust Company (DTC) eligibility which would greatly simplify the process of trading the Company’s common shares.

The posting of the Company’s common shares for trading on the OTCQB remains subject to the approval of the OTC Markets Group, Inc. and the satisfaction of applicable eligibility requirements. The Company currently trades and will continue to trade on the Canadian Securities Exchange (“CSE”) under its existing symbol “NM” and on the Frankfurt Stock Exchange (“FSE”) under its existing symbol “HN2”.

“Having the Company’s common shares posted for trading on the OTCQB and providing a more efficient way of trading our shares will be an important milestone in our strategy of building awareness and enhancing accessibility amongst United States investors looking for exposure to the growth potential of Novamind’s mental health and psychedelic medicine business,” said Yaron Conforti, CEO and Director of Novamind.

The OTCQB offers investors transparent trading in entrepreneurial and development stage U.S. and international companies that may not yet qualify for OTCQX. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

About OTC Markets Group
OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Disclaimer
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements relating to the common shares of the Company being posted for trading on the OTCQB and other statements that are not historical facts. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the failure to satisfy the requirements of the OTCQB and other risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

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Novamind Selected as Research Site for Bionomics’ PTSD Clinical Trial

Cedar Clinical Research to Host Phase IIb Trial for a Novel PTSD Treatment

TORONTO, ON / July 8, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce that its wholly owned subsidiary, Cedar Clinical Research (“CCR”) has been selected as a research site for a clinical trial sponsored by Bionomics Limited (“Bionomics”).

The Bionomics study is titled “A phase IIb, randomized, double blind, two arm study to investigate the effects of BNC210 tablet formulation compared to placebo in adults with post-traumatic stress disorder (“PTSD”)”. Lifetime and past-year prevalence rates of PTSD among American adults are 8.3 percent and 4.7 percent, respectively1. PTSD is associated with a wide range of problems, including difficulties at work, social dysfunction and physical health problems. In 2019, BNC210 received a Fast Track Designation from the U.S. Food and Drug Administration (FDA), a process designed to facilitate the development, and expedite the review of drugs to treat serious conditions and fill an unmet medical need.

“We look forward to investigating BNC210 as a potential treatment for PTSD, a condition that is in need of new treatment options,” said Dr. Reid Robison, Chief Medical Officer of Novamind and Principal Investigator at CCR. “This clinical trial leverages CCR’s established track record studying novel treatments for PTSD and other difficult to treat mental health conditions.”

CCR is experienced in hosting pediatric and adult phase I-IV clinical trials and investigator-led studies across a wide range of mental health conditions. Sponsors and partners include leading drug developers, academic institutions and non-profit organizations, such as Merck & Co., the Ketamine Research Foundation and the University of Texas, Austin. Including the study of BNC210, CCR is currently contracted for nine clinical trials and is evaluating a robust pipeline of additional research studies.

To learn more about the Bionomics study, please visit this link.

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

About Bionomics
Bionomics is a global, clinical stage biopharmaceutical company leveraging its proprietary platform technologies to discover and develop a deep pipeline of best in class, novel drug candidates. Bionomics’ lead drug candidate BNC210, currently in development for initiation of a second phase II trial for the treatment of PTSD, is a novel, proprietary negative allosteric modulator of the alpha-7 (α7) nicotinic acetylcholine receptor. Beyond BNC210, Bionomics has a strategic partnership with Merck & Co., Inc (known as MSD outside the United States and Canada). To learn more, please visit bionomics.com.au.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

1: https://onlinelibrary.wiley.com/doi/abs/10.1002/jts.21848

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Novamind Launches Psychedelic Therapy Frontiers Podcast

Aimed at an audience of psychedelic medicine researchers and clinicians

TORONTO, ON / ACCESSWIRE / June 30, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, today announced the launch of the Psychedelic Therapy Frontiers podcast (the “Podcast”). Aimed at an audience of psychedelic medicine researchers and clinicians, the Podcast is a blend of conversation-driven education and information. It is available on Spotify, Apple Podcasts, Youtube, iHeartRadio and Google Podcasts.

The Podcast is hosted by Novamind’s Dr. Stephen Thayer, Clinical Director, Education & Training and Dr. Reid Robison, Chief Medical Officer. Weekly Podcast episodes feature conversations between Dr. Thayer and Dr. Robison about issues that are of special interest to the psychedelic medicine and research community. The hosts are often joined by their peers in mental healthcare or clinical research. Discussions cover topics including the practice of effective and ethical psychedelic-assisted psychotherapy, trip-sitting, harm-reduction, equitable access to care, and more.

Responding to unprecedented levels of interest from mental health professionals, the launch of the Podcast is one of several planned initiatives from Novamind’s Education & Training division, lead by Dr. Thayer. These training programs will leverage therapy protocols in development at Novamind, expanding access to innovative treatment for conditions including eating disorders, depression, cancer-related depression and end-of-life anxiety.

Dr. Thayer has over 10 years of experience teaching and training mental health professionals in both university and clinical settings. He also received specialized training in treating combat trauma during his service as a U.S. Air Force psychologist and has helped thousands of patients suffering from a wide range of mental health conditions as a private practitioner.

“Psychedelics are the next frontier of psychiatric medicine, and we’re helping professionals learn more about our specialized practice with actionable information. The need for specialized tools in mental healthcare has never been greater,” said Dr. Thayer.

As co-host of the Podcast, Dr. Reid Robison, a board-certified psychiatrist, brings a depth of clinical experience. He is adjunct faculty at the University of Utah, founder of the Polizzi Free Clinic, and was voted “Best Psychiatrist in Utah” in 2020. Over the past decade, Dr. Robison has led over 200 clinical trials in neuropsychiatry. Notably, he served as Coordinating Investigator for the Multidisciplinary Association for Psychedelic Studies (MAPS) MDMA-assisted psychotherapy study of eating disorders. As an early adopter and researcher of ketamine in psychiatry, Dr. Robison has facilitated thousands of ketamine and SpravatoTM sessions and has trained countless clinicians in ketamine-assisted psychotherapy.

“As evidence continues to grow in support of the healing potential of psychedelic therapies, we’re seeing not only a dramatic shift in public opinion but also a strong interest by clinicians in learning how to best incorporate psychedelic-assisted psychotherapy into their mental health practices,” said Dr. Robison. “Psychedelic Therapy Frontiers is a way of openly sharing what we’ve learned about working with psychedelic medicines, intending to expand access to these treatment modalities for healing and growth.”

To listen to the Podcast, click here.

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

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Novamind Opens 5th Location Specialized in Integrative Psychiatry for Patients with Treatment-Resistant Conditions

Company executes organic growth mandate, on track to open four new clinics by Q3 2021

TORONTO, ON / July 29, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce that it has completed the construction of a new clinic focused on integrative psychiatric care and clinical research in Draper, Utah (the “New Clinic”). The New Clinic is centrally located along the Wasatch Front, where the majority of Utah’s population resides and will serve as a referral center for clients with treatment-resistant mental health conditions including depression, eating disorders, post-traumatic stress disorder (PTSD), and obsessive-compulsive disorder (OCD).

With the opening of the New Clinic, Novamind is on track to open four new locations in Utah by September 2021, doubling the size of its network to eight clinics. Through strategic acquisitions and accelerated organic growth, Novamind anticipates expanding across other US states by the end of 2021.

The New Clinic is purposefully planned and built to provide the most ideal setting to conduct psychedelic-assisted psychotherapy. It thoughtfully incorporates design elements from Novamind’s new flagship clinic concept that will be unveiled to the public in the near future. The New Clinic enables client access to the Company’s innovative, evidence-based therapies in individual and group settings, and will also serve as a key training site for clinicians. Upon future U.S. Food and Drug Administration (FDA) approval, the New Clinic anticipates providing more psychedelic therapies and medicines including MDMA and psilocybin.

“We are on a mission to reduce suffering and optimize wellness and are committed to shaping the future of psychedelic medicine in a responsible and accessible way,” said Dr. Reid Robison, Novamind’s Chief Medical Officer. “With traditional mental health treatments proving ineffective for too many, we look forward to providing psychedelic-assisted psychotherapy at the Draper clinic for treatment-resistant conditions.”

The New Clinic is also home to a dedicated clinical research facility, supported by Novamind’s expertise in trial design and implementation. When appropriate, clients of the New Clinic may consent to participate in clinical trials for psychedelic medicine and other research-stage treatments. The New Clinic will also host research studies to validate Novamind’s evidenced-based psychedelic-assisted psychotherapy protocols for treatment-resistant conditions.

“Opening the new Draper site is in direct response to overwhelming patient demand at our clinics, but it’s also part of a much larger initiative,” said Yaron Conforti, CEO and Director of Novamind. “Access to a broader range of treatments has never been more critical for people in need of mental healthcare, and Novamind is in a unique position to provide that access through our national expansion.”

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

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Novamind Welcomes Dr. Paul Thielking as Chief Scientific Officer

  • Led first-of-its-kind study of group psilocybin therapy for cancer patients with depression
  • Co-Investigator on a study to evaluate ketamine as a treatment for opioid use disorder
  • Will lead Novamind’s clinical research arm focused on psychedelic medicine

 

TORONTO, ON / ACCESSWIRE / June 23, 2021 / Novamind Inc. (CSE: NM | OTC: NVMDF | FSE: HN2) (“Novamind” or the “Company”), a leading mental health company specialized in psychedelic medicine, is pleased to announce the appointment of Dr. Paul Thielking as Chief Scientific Officer and Principal Investigator of Novamind.

In his new role, Dr. Thielking will oversee all aspects of the Company’s investigator-led studies, originating within Novamind’s best-in-class research sites, and leveraging its contract research organization (CRO) expertise to pursue additional clinical trial mandates from leading psychedelic drug developers. He will also lead the development of Novamind’s psychedelic therapy protocols for conditions including cancer-related depression and end-of-life anxiety, available as treatments for clients and educational programs for clinicians.

Dr. Thielking is board certified in psychiatry and hospice & palliative medicine and has an outstanding track record in innovative clinical program development and research initiatives. Dr. Thielking led the Huntsman Cancer Institute’s (“HCI”) psycho-oncology service at the University of Utah, where he also taught medical students, psychiatry residents and palliative care physicians. At HCI, he successfully integrated ketamine-assisted psychotherapy services within an outpatient oncology clinic. In his previous role as Associate Professor in the Department of Psychiatry at the University of Utah, Dr. Thielking developed the foundation for a new psychedelic-assisted therapy and research program. In 2020, Dr. Thielking completed the California Institute of Integral Studies’ Certification of Psychedelic Therapy and Research.

“There is an urgent need to find better solutions for the millions of people who are suffering from mental health disorders. Advancing clinical research for psychedelic medicine to address treatment-resistant mental illnesses and supporting patients by developing novel approaches to care for underserved conditions like cancer-related depression, is the next step in my life’s work,” said Dr. Thielking. “Novamind’s growing network of clinics and clinical research sites will accelerate efforts to reach more people with more effective treatment options. I am thrilled to join Novamind’s senior leadership team.”

Dr. Thielking is uniquely positioned to lead Novamind in the role of Chief Scientific Officer. He is currently leading exciting new research initiatives, including a first-of-its-kind pilot study to administer psilocybin in a group setting for cancer patients with depression. Cancer patients have significantly higher rates of depression than the general population, and depression is associated with reduced quality of life, increased physical distress, increased desire for hastened death, and higher suicide rates. He is also the Co-Investigator on a study to evaluate the potential role of ketamine in opioid use disorder. In what’s been referred to as a “silent epidemic,” 70 percent of worldwide deaths attributed to drug use are related to opioids, according to the World Health Organization1.

Yaron Conforti, Novamind CEO and Director said: “Dr. Thielking brings world-class leadership to Novamind’s contract research organization. His expertise in clinical research and his track record for developing innovative treatments in psychiatry and hospice and palliative care will greatly enhance Novamind’s capabilities to scale access to psychedelic medicine.”

About Novamind
Novamind is a leading mental health company enabling safe access to psychedelic medicine through a network of clinics, retreats, and clinical research sites. Novamind provides ketamine-assisted psychotherapy and other novel treatments through its network of Cedar Psychiatry clinics and operates Cedar Clinical Research, a contract research organization specialized in clinical trials and evidence-based research for psychedelic medicine. Both Cedar Psychiatry and Cedar Clinical Research are wholly owned subsidiaries of Novamind. For more information on how Novamind is enhancing mental wellness and guiding people through their entire healing journey, visit novamind.ca.

Contact Information
Novamind
Yaron Conforti, CEO and Director
Telephone: +1 (647) 953 9512

Bill Mitoulas, Investor Relations
Email: bill@novamind.ca

Forward-Looking Statements
This news release contains forward-looking statements. All statements other than statements of historical fact included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations including the risks detailed from time to time in the Company’s public disclosure. The reader is cautioned not to place undue reliance on any forward-looking information. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable laws.

1 https://www.who.int/news-room/fact-sheets/detail/opioid-overdose