Clearmind Medicine Reveals Submission of U.S. Patent Application Aimed at Treating Binge Behavior Disorders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 19 2025
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Should l Buy SPRC?
Source: Globenewswire
Patent Application Announcement: Clearmind Medicine Inc. has published a U.S. patent application for a combination therapy using 5-methoxy-2-aminoindane (MEAI) and N-Acylethanolamines, targeting binge behavior disorders such as excessive alcohol consumption and binge eating.
Collaboration and Efficacy: The patent application is part of Clearmind's collaboration with SciSparc Ltd., and preclinical data suggests that the combination of MEAI and PEA may provide a safer and more effective treatment for substance use disorders and addictions.
Intellectual Property Portfolio: Clearmind has filed 13 patents related to its research on MEAI and N-Acylethanolamines, expanding its intellectual property portfolio, which currently includes 19 patent families and 31 granted patents.
Company Mission: The CEO of Clearmind emphasizes the company's commitment to developing next-generation treatments for binge behaviors, aiming to address significant unmet needs in addiction medicine and enhance their position in psychedelic therapeutics.
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About SPRC
Scisparc Ltd, former Therapix Biosciences Ltd is a Israel-based pharmaceutical company commited into creating and enhancing technologies and assets based on cannabinoid pharmaceuticals. The company is engaged in drug development programs based on repurposing a cannabinoid (Dronabinol): THX-110 for the treatment of Tourette syndrome (TS), for the treatment of Obstructive Sleep Apnea (OSA), and the treatment of Pain; THX-130 for the treatment of Mild Cognitive Impairment (MCI) and Traumatic Brain Injury (TBI); THX-150 for the treatment of infectious diseases; and THX-160 for the treatment of pain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Share Payment Structure: NeuroThera will issue 56,600,000 common shares to the Selling Shareholders, who may also receive up to $2.5 million in earn-out payments based on CliniQuantum's patent applications and fundraising achievements, further incentivizing innovation.
- Technological Innovation Potential: CliniQuantum focuses on leveraging quantum computing to enhance clinical trials, aiming to accelerate research by processing complex datasets, and this acquisition will strengthen SciSparc's competitive edge in the pharmaceutical industry and drive cutting-edge product development.
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See More
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- Significant Market Potential: The global weight loss drugs market was valued at approximately $37 billion in 2025 and is projected to reach $226 billion by 2035, indicating a strong demand for innovative alternatives, positioning Clearmind's new therapy to capture a share of this rapidly growing market.
- Strengthened Partnerships: The development of this therapy is bolstered by collaboration with NeuroThera Labs Inc., integrating Clearmind's MEAI platform with PEA to offer a safer and more cost-effective treatment option compared to GLP-1 agonists, enhancing the company's competitive edge in the biotech sector.
- Strategic Development Focus: CEO Dr. Adi Zuloff-Shani emphasized the company's commitment to developing innovative therapies to address underserved metabolic and neurological health issues, further solidifying its leadership position in the biotechnology industry.
See More
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- FDA Approval: Fortress Biotech's ZYCUBO gains FDA approval as the first treatment for Menkes Disease, showing nearly an 80% reduction in mortality risk when used early, laying a solid foundation for future market expansion and revenue growth.
- Acquisition Deal: Boston Scientific's $14.5 billion acquisition of Penumbra reflects its strategic expansion in interventional therapies, expected to enhance its leadership in vascular treatments and drive future revenue growth.
- Clinical Trial Progress: Creative Medical's CELZ-201 shows significant improvement in 79% of patients in the ADAPT trial for chronic lower back pain, indicating the therapy's clinical potential and likely attracting further investment and partnership opportunities.
See More
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- Commercialization Strategy: The company plans to begin commercializing the acquired technologies immediately upon closing the deal, aiming to accelerate market penetration by replicating existing successful distribution models, particularly in North America, Europe, and Latin America.
- Equity Issuance Terms: Under the agreement, SciSparc will issue ordinary shares representing approximately 19.99% of its outstanding stock to the seller at closing, with the potential to issue pre-funded warrants to optimize its capital structure as needed.
- Expected Closing Timeline: SciSparc anticipates closing the acquisition by March 8, 2026, contingent upon satisfying customary conditions, including regulatory approvals, which will provide a significant opportunity for the company to enter new medical segments.
See More
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- Plan Submission Deadline: Under Nasdaq rules, SciSparc must submit a compliance restoration plan by February 26, 2026, and if accepted, may receive an extension of up to 180 days to demonstrate compliance, impacting the company's future listing status.
- Future Compliance Expectations: SciSparc anticipates regaining compliance by December 31, 2025, through proceeds from the $4.2 million debenture conversion in August 2025 and a registered direct offering completed in November 2025, reflecting confidence in financial recovery.
- Stock Price Fluctuation: Following the announcement, SciSparc's stock price fell by 2.05% to $1.43, indicating market concerns regarding the company's compliance capabilities, which may also affect investor confidence and future financing opportunities.
See More
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- Market Potential: According to The Business Research Company, the global market for opioids is projected to reach approximately $5.5 to $5.7 billion in 2024, and NeuroThera's new technology could provide safer and more effective alternatives, addressing the urgent need for opioid substitutes.
- Clinical Research Findings: In pre-clinical studies, NeuroThera's drug combination demonstrated significant analgesic effects, prolonging the pain-relieving duration of opioids while reducing psychological side effects, indicating its potential value in clinical applications.
- Strategic Implications: The patent acquisition not only enhances NeuroThera's competitive position in the market but also lays the groundwork for SciSparc's innovative development in the opioid sector, potentially accelerating future drug development and commercialization efforts.
See More
