SmallCapsDaily: Pasithea Therapeutics Emerges as a Major Player in the Biotech Industry
NEW YORK, NY - ( NewMediaWire ) - October 04, 2021 - Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the research and discovery of new and effective treatments for psychiatric and neurological disorders, was the focus of a featured article recently in leading financial news website and publisher, SmallCapsDaily. The coverage is a comprehensive overview of Pasithea Therapeutics’ progression as a development stage company within the biotechnology industry, with a focus on mental health disorders. SmallCapsDaily explores the unique and attractive aspects of Pasithea Therapeutics, such as its parallel revenue stream and profitable business line, which is generating sufficient cash flows to finance the Company’s drug research. The SmallCapsDaily coverage illustrates that Pasithea Therapeutics’ positioning and its focus on the research and development of treatments catering to psychiatric and neurological disorders, has primed the Company to emerge as a major player in the biotechnology market.
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Pasithea Therapeutics’ operations are focused on developing drugs that target the pathophysiology underlying psychiatric and neurological disorders and it is developing novel pharmacological agents that have an increased level of effectiveness on patients suffering from illnesses such as depression, PTSD (post-traumatic stress disorder), schizophrenia, and others.
Pasithea Therapeutics is currently building its drug development pipeline and will be going through the standard IND (Investigational New Drug) application process; it should take a couple of years to commercialize the Company’s first set of therapies.
Pasithea Therapeutics has a simultaneous revenue stream launching soon, in the form of intravenous ketamine infusions and related business support services to registered mental health clinics. The company has already established partnerships in locations across Los Angeles, New York City and London.
About Pasithea Therapeutics Corp.
Pasithea Therapeutics Corp. is a biotechnology company focused on the research and discovery of new and effective treatments for psychiatric and neurological disorders. Its biotech operations will focus on developing drugs that target the pathophysiology underlying such disorders rather than symptomatic treatments, with the goal of developing new pharmacological agents that display significant advantages over conventional therapies with respect to efficacy and tolerability.
The Company’s secondary operations focus on providing business support services to anti-depression clinics in the United Kingdom and in the United States. The Company’s operations in the United Kingdom will involve providing business support services to registered healthcare providers who will assess patients, and if appropriate, administer intravenous infusions of ketamine, and the Company’s operations in the United States will involve providing business support services to entities that furnish similar services to patients who personally pay for those services. Pasithea has partnered with two successful clinics for immediate exposure in locations across Los Angeles, New York City and London.
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