NeuroTonix is involved in the development of a new type of drug called a psilocybin analog. This drug has been shown to be more effective than antidepressant drugs at relieving symptoms of anxiety and depression, without causing side effects such as nausea or weight gain.
The company's first product, NeurotoninXR, has already been granted Fast Track designation by the FDA for its ability to help patients who suffer from symptoms of depression and anxiety.