ASX Health Stocks: Psilocybin drug shows promise for fibromyalgia pain relief

August 12, 2024

As featured on Stockhead


Tryptamine’s Phase 2a trial shows promise for fibromyalgia


Tryptamine Therapeutics (ASX:TYP) has shared promising results from its Phase 2a clinical trial on fibromyalgia, conducted with the University of Michigan and presented at the IASP 2024 World Congress on Pain.


Fibromyalgia is a chronic condition characterised by widespread musculoskeletal pain, fatigue, and other symptoms such as sleep disturbances and cognitive difficulties.


The trial involved patients taking TRP-8802, an oral psilocybin formulation, along with psychotherapy.


Every patient in the study reported improvements in pain, sleep, and overall quality of life one month after treatment. They also experienced reductions in anxiety and enhanced cognitive abilities, with one patient noting an unexpected return of their sense of smell after a past COVID-19 infection.


These results not only highlight the potential of psychedelic-assisted therapy for fibromyalgia, a condition with limited treatment options, but also strengthen Tryptamine’s intellectual property and clinical trial strategy.


The company now plans to build on this success with a Phase 2 trial of TRP-8803, an intravenous psilocin treatment, set to begin in early 2025.