Field Trip Health have developed a novel psychedelic compound FT-104. FT-104 is a synthetic serotonin-2A (5HT2A) agonist whose active component has serotonin-2A potency similar to psilocybin however, FT-104 is expected to produce a reliably shorter duration of psychoactivity (2-3 hours) than psilocybin, and has high bioavailability after administration.
Field Trip are conducting preclinical activities with FT-104 which will enable commencement of Phase I trials in early 2022.
This Phase IIa study will build on the results of Phase Is trials and assess the effectiveness of FT-104 against placebo for a particular indication in patients with the disease or condition under study, including narrowing the optimal dose, the potential utility, and common short-term side effects of the molecule.
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Sponsors & Collaborators
Field TripField Trip is a company that offers psychedelics therapies. It has several locations (US/CA) that provides ketamine-assisted therapy. It has raised $19.5M in Series A & B funding rounds.