Targeting innovative treatments for multiple sclerosis and other neuroinflammatory pathology
Englewood Cliffs, NJ, Feb. 18, 2021 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (OTCQB: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as depression, PTSD, Parkinson’s, and other rare neurological disorders, announced today that it has finalized its previously announced agreement to license an innovative Central nervous system-homing peptides for treatment of multiple sclerosis and other neuroinflammatory pathology, signing a Master License Agreement with the University of Maryland Baltimore.
Researchers at the University discovered this novel peptide and have completed preclinical studies supporting its efficacy.
Mr. Eric Weisblum, Chief Executive Officer of Silo Pharma, commented, “Silo Pharma is committed to innovation, merging traditional therapeutics with psychedelic research, and this novel drug delivery approach. Psilocybin may have the potential to bring relief to many people suffering from neurological disorders.”
About Silo Pharma
Silo Pharma is a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research for people suffering from indications such as depression, PTSD, Parkinson’s, and other rare neurological disorders. Silo’s mission is to identify assets to license and fund the research which we believe will be transformative to the well-being of patients and the health care industry. For more information, visit www.silopharma.com.
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