Optimi
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01Clinical trialsDrug development

A clinical path to registration.

Optimi is advancing two Health Canada-authorized clinical trials of its own drug products: a Phase 2 study of natural psilocybin-assisted therapy for major depressive disorder, and a Phase 3 study of MDMA-assisted therapy for post-traumatic stress disorder. Both are expected to begin enrollment in 2027.

The trials build on Optimi's commercial foundation: a Health Canada Drug Establishment Licence, GMP manufacturing of both molecules, and active supply to regulated access programs in Australia and Canada.

Authorized trials
2Health Canada
Participants
Up to 300across both trials
Enrollment
2027both trials
Sites
Canadamulti-site
02PipelinePhase 1 · Phase 2 · Phase 3
Phase 2
Natural psilocybin
Major depressive disorder (MDD)
Ph 1Ph 2Ph 3
Design
Single supervised session combining natural psilocybin and psychotherapy
Participants
Up to 200
Sites
Multiple sites in Canada
Timing
Enrollment to begin 1H 2027; dosing complete by end of 2027
Primary efficacy endpoint
Change from baseline in Montgomery-Åsberg Depression Rating Scale (MADRS) total score
Read the announcement →
Phase 3
MDMA
Post-traumatic stress disorder (PTSD)
Ph 1Ph 2Ph 3
Design
Two supervised sessions combining MDMA and psychotherapy
Participants
Up to 100, with a focus on veterans and frontline workers
Sites
Multiple sites in Canada
Timing
Enrollment to begin in 2027
Primary efficacy endpoint
Change from baseline in Clinician-Administered PTSD Scale for DSM-5 (CAPS-5)
Read the announcement →
03Why it mattersCommercial + clinical
01

Own drug, own data

Optimi supplies its own GMP-manufactured drug product to both trials and holds exclusive ownership of the results, the datasets intended to support registration.

02

Natural-API differentiation

Most clinical-stage developers use synthetic psilocybin. Optimi's Phase 2 study evaluates naturally extracted psilocybin, among the largest studies of naturally derived psilocybin to date.

03

Commercial today

Unlike most drug developers, Optimi already supplies both molecules to authorized prescribers in Australia and through Canada's Special Access Program, generating revenue while the trials run.

04The unmet needSources below
TRD worldwide
100M+people¹
PTSD worldwide
300M+people¹
US adults with PTSD
~13Mestimate²
US adults with TRD
~3Mestimate²

1. McIntyre RS, et al. World Psychiatry. 2023;22(3):394–412. 2. Company estimates derived from various sources.

05Clinical leadership
Dr. Michael Blough

Dr. Michael Blough

Chief Clinical Development Officer

Medical researcher with 20+ years directing research programs spanning bench science, pre-clinical studies, and clinical trials. Led the development and Health Canada authorization of multiple clinical trials of psilocybin and MDMA for PTSD and treatment-resistant depression, and has worked with Optimi on clinical trial applications since 2022. Previously spent 15 years in brain cancer research, publishing 30+ peer-reviewed papers and leading a seven-year Terry Fox Research Institute national initiative. Oversees Optimi's Phase 2 and Phase 3 clinical programs.

The safety and efficacy of psilocybin- and MDMA-assisted therapy are still under investigation. No regulatory authority has approved psilocybin or MDMA as a marketed prescription medicine in the United States or Canada. Trial timing and design are forward-looking and subject to change; see the Company's continuous disclosure filings for risk factors.