Press Release
Revolutionizing Mental Healthcare With The Rise Of Ketamine And Psychedelic Therapies
–News Direct–
By Faith Ashmore, Benzinga
In the world of mental healthcare, there has been growing criticism over traditional drugs that treat depression. Traditional drugs that treat depression, such as selective serotonin reuptake inhibitors (SSRIs) and serotonin-norepinephrine reuptake inhibitors (SNRIs), primarily target the levels of neurotransmitters in the brain, specifically serotonin and norepinephrine, to alleviate symptoms of depression. These medications work by blocking the reuptake of these neurotransmitters, allowing them to accumulate in the brain and enhance mood regulation.
However, SSRIs and SNRIs have received criticism for their potential side effects, such as sexual dysfunction, weight gain and withdrawal symptoms. More and more studies are coming out questioning their efficacy as well. As antidepressants are looking less shiny to consumers and scientists, it begs the question, what is the alternative?
Is Ketamine The Answer To Hard To Treat Mental Illnesses?
In recent years, alternative treatments for hard-to-treat mental illnesses like treatment-resistant depression (TRD), bipolar 2 and PTSD have become increasingly common and sought-after. Drugs like MDMA and ketamine have gotten attention for being often more effective and less dangerous than traditional medicine. Ketamine, which is a dissociative anesthetic, targets the glutamate system in the brain, specifically the NMDA receptors, and modulates the release of neurotransmitters like glutamate. By doing so, ketamine can rapidly improve depressive symptoms, often within hours or days, in contrast to the weeks or months that traditional antidepressants may require.
Psychedelics, like ketamine, are emerging as a potential treatment option for mental health conditions by disrupting rigid neural pathways associated with depression, anxiety, and other disorders. Research indicates that these substances have the potential to promote neuroplasticity and restore neural circuits, ultimately leading to improved mental health outcomes. For patients who are struggling under the weight of a difficult-to-treat mental illness, these alternatives can be life-saving. Even high-profile celebrities like Elon Musk have opened up about their success with ketamine as a depression treatment.
Companies like SiloPharma Inc. (NASDAQ: SILO) are at the forefront of developing alternative treatments for conditions such as depression. With a focus on underserved areas, including PTSD, stress-induced psychiatric disorders, chronic pain and central nervous system diseases, SiloPharma aims to provide novel therapeutics to address these unmet needs. They have built a growing pipeline of opportunities, leveraging the promising potential of psychedelic drugs and conventional formulations.
The company recently conducted a study in partnership with Columbia University, which explored new pathways involved in mood regulation. This study yielded promising results, showing significant improvements in patient mood stability without the common side effects of existing antidepressants. As a result, Silo has successfully progressed SPC-15 through pre-clinical development and is now preparing to submit a pre-investigational New Drug Application (IND) to the FDA. This application will focus on SPC-15's use in treating PTSD, a lead indication for the drug.
The recently completed study demonstrated marked improvements in mood stability, which we see as a potentially significant development for combatting depression and preventing relapse, said Silo CEO Eric Weisblum. While advancing our SPC-15 program in PTSD to the clinic remains our top pipeline priority, we are excited about these encouraging new results and the additional potential for treating millions of people affected by depression which could ultimately expand our pipeline.
Silo has exercised its option to license SPC-15 from Columbia University, as outlined in its sponsored research and option agreement established in 2021. The license agreement, currently in the finalization stage, will grant Silo the exclusive rights to further develop, manufacture and distribute SPC-15 globally. Completion of the exclusive license agreement is expected by the first half of 2024.
SiloPharma is not alone in the pursuit of alternative treatment for mental health; Atai Life Sciences (NASDAQ: ATAI) and Field Trip Health Ltd (NASDAQ: FTRP) are both exploring R-ketamine and MDMA treatments, respectively. For patients who are in desperate need of alternative treatment, ketamine is looking like a viable option, and companies like SiloPharma are helping to make that more possible.
Featured photo by Pawel Czerwinski on Unsplash.
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.
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View source version on newsdirect.com: https://newsdirect.com/news/revolutionizing-mental-healthcare-with-the-rise-of-ketamine-and-psychedelic-therapies-112359353
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Press Release
Entrepreneur Joseph Majeesh Shares Insightful Blog on Achieving Work-Life Balance Without Sacrificing Success
Calgary, Canada, 26th November 2024, ZEX PR WIRE, Entrepreneur and business leader Joseph Majeesh has been featured in an exclusive online blog discussing one of the most pressing challenges for today’s entrepreneurs: achieving work-life balance while maintaining productivity. In his thought-provoking article, Work-Life Balance for Entrepreneurs: How to Stay Productive Without Burning Out, Majeesh shares his personal experiences and strategies for navigating the demands of entrepreneurship without losing sight of personal well-being.
Majeesh, an experienced professional known for his success in franchise development and recruitment, delves into the importance of balance for sustainable growth. Drawing from years of building businesses across industries, including managing major projects in Canada and operating renowned franchises like Dairy Queen, he offers actionable advice tailored for entrepreneurs.
“Entrepreneurship is exciting but also demanding. Achieving a balance between work and life isn’t about reducing ambition—it’s about ensuring you have the energy, focus, and clarity to excel in both areas,” Majeesh explains in the blog.
Key Takeaways from the Blog
Majeesh highlights several strategies for avoiding burnout and achieving sustainable success:
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Time Management: Entrepreneurs should prioritize tasks based on urgency and importance, allowing for a focus on high-impact work while delegating less critical responsibilities.
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Setting Boundaries: Defining work hours and communicating them to clients and teams helps maintain separation between professional and personal life.
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Self-Care: Incorporating exercise, healthy eating, and mindfulness into daily routines ensures physical and mental well-being.
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Learning to Say No: By focusing on projects and opportunities that align with their goals, entrepreneurs can avoid unnecessary distractions.
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Leveraging Technology: Tools for automation and scheduling can improve efficiency without overwhelming personal time.
Through these practical approaches, Majeesh emphasizes that achieving balance is not only possible but also vital for long-term success.
Majeesh’s Commitment to Entrepreneurial Growth
With a career spanning multiple industries, Joseph Majeesh’s journey is marked by resilience, innovation, and a commitment to creating opportunities. His ability to manage diverse ventures while fostering personal growth and community engagement has earned him respect in the business world.
This latest blog reflects his dedication to empowering fellow entrepreneurs with actionable insights and personal experiences. “Success isn’t just about building a thriving business; it’s about living a fulfilling life,” Majeesh says.
About Joseph Majeesh
Joseph Majeesh is a Calgary-based entrepreneur with expertise in recruitment, franchise development, and business management. From humble beginnings in Kerala, India, to leading successful ventures in Canada, Majeesh’s career is a testament to vision and hard work. He is known for his innovative approach to business and his passion for building opportunities that impact lives positively.
To read the full blog, click here.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Miami Beach CPA Firm, LLC Expands Forensic Accounting Services to Combat Financial Fraud Across Key Industries
Miami, FL, 26th November 2024, ZEX PR WIRE, Miami Beach CPA Firm, LLC, a leading provider of accounting, tax, and consulting services, has announced an expansion of its forensic accounting services to strengthen its fight against financial fraud across essential sectors, including real estate, healthcare, hospitality, and technology. With increased threats of fraud across industries, the firm’s enhanced forensic accounting services are designed to help businesses identify financial discrepancies, investigate fraudulent activity, and implement effective strategies to safeguard financial integrity.
According to the firm, the expansion comes in response to a growing demand for specialized accounting expertise to address complex financial fraud cases, especially in industries vulnerable to financial crimes. With a team of seasoned Certified Public Accountants (CPAs) skilled in forensic analysis, Miami Beach CPA Firm leverages advanced data analytics tools and a meticulous approach to uncovering financial irregularities and fraudulent patterns.
“At Miami Beach CPA Firm, we recognize that the stakes for businesses today are higher than ever when it comes to protecting financial assets from fraud,” says the company spokesperson. “Our forensic accounting services are built on precision, confidentiality, and the ability to adapt to each client’s unique industry challenges. This expansion underscores our commitment to offering specialized services that directly support our clients’ need to combat financial fraud effectively.”
The firm’s forensic accounting services cater to various scenarios, including embezzlement, insurance fraud, misappropriation of funds, and financial statement manipulation. Leveraging Miami Beach CPA Firm’s depth of experience, the forensic accounting team follows a multi-phase approach: gathering and analyzing financial data, identifying potential indicators of fraud, and presenting clear, defensible findings for legal proceedings when required. The firm’s services are especially beneficial in legal contexts, where expert testimony and detailed financial analysis are essential for successful outcomes.
Miami Beach CPA Firm has built a reputation for excellence in accounting and tax services, serving a diverse client base across Miami and beyond. Their services are customized to meet the demands of each client, with a focus on protecting their financial interests through advanced, client-centric solutions. By expanding its forensic accounting capabilities, Miami Beach CPA Firm, LLC aims to reinforce its leadership position in the accounting sector while making a positive impact on the financial security of businesses across multiple industries.
For more information on Miami Beach CPA Firm’s forensic accounting services and how they can support your business in the fight against financial fraud, please visit https://miamibeachcpafirm.com/.
About Miami Beach CPA Firm, LLC
Miami Beach CPA Firm, LLC is a full-service accounting firm based in Miami, Florida, specializing in accounting, tax, and consulting services for individuals and businesses across various sectors. With a commitment to personalized and expert service, the firm assists clients with tax planning, financial consulting, forensic accounting, and more.
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Press Release
Ammar Jali Shares Experience in Kilifi, Kenya, Highlighting the Unique Charm of Coastal Living and Local Connections
Michigan, US, 26th November 2024, ZEX PR WIRE, Seasoned traveler and entrepreneur Ammar Jali has added another unforgettable destination to his East African adventures: the coastal town of Kilifi, Kenya. Known for its warm Indian Ocean waters and vibrant local culture, Kilifi left a lasting impression on Jali, who immersed himself in the town’s relaxed lifestyle, enjoyed scuba diving in crystal-clear waters, and experienced an enchanting evening with new friends.
The Allure of Kilifi’s Coastal Waters
Located along Kenya’s northern coastline, Kilifi is celebrated for its serene beaches and inviting waters. Jali describes Kilifi’s coastline as nothing short of paradise, with turquoise waters that stretch for miles, making it a haven for ocean lovers and water sports enthusiasts alike. “The Indian Ocean along Kilifi’s coast is warm and welcoming,” he shares. “The gentle waves and clear waters make it ideal for activities like snorkeling and scuba diving, providing an intimate look at the vibrant marine life beneath the surface.”
Jali’s visit to Kilifi included a scuba diving excursion that took him into the heart of the ocean’s colorful coral reefs. “Diving in Kilifi was a surreal experience,” he recalls. “The clarity of the water allows you to see an incredible variety of marine life, from schools of tropical fish to intricate coral formations. It’s a reminder of the beauty that lies beneath the surface, often hidden from our daily view.” This underwater adventure gave Jali a newfound appreciation for Kilifi’s natural resources, which attract both locals and travelers seeking tranquil escapes.
Connecting with Locals and Making New Friends
While Kilifi’s coastline and ocean views were captivating, it was the people and culture that truly enriched Jali’s experience. During his stay, he had the opportunity to meet a local group of friends, Italian expatriates who had retired in Kilifi and made it their home. Their warmth and openness transformed a casual encounter into a genuine connection. “Meeting people who have chosen Kilifi as their place of retirement made me see the town in a new light,” says Jali. “Their stories of moving to Kilifi, drawn by its charm and relaxed pace of life, added a layer of depth to my visit.”
Invited to a dinner hosted by his new Italian friends, Jali had the chance to meet other locals, each with their own unique story and connection to Kilifi. Describing the evening as magical, he recalls how the gathering was filled with laughter, storytelling, and a shared appreciation for the coastal town that had brought them all together. “Sitting at a dinner table surrounded by people from different backgrounds, all united by their love for Kilifi, was an unforgettable experience,” he shares. “It reminded me that travel is not just about seeing new places, but about connecting with the people who call those places home.”
Kilifi’s Appeal to Retirees and Expatriates
Kilifi has become a popular destination not only for travelers but also for expatriates and retirees from around the world who seek a peaceful and fulfilling lifestyle. Its welcoming community, low cost of living, and picturesque surroundings have turned Kilifi into an appealing haven for those looking to settle down. Jali was intrigued by the lifestyle of his Italian friends, who had fully embraced Kilifi’s laid-back pace and found a sense of community among fellow residents. “It’s clear that Kilifi offers something special, a slower, more meaningful way of life where relationships and nature take center stage,” says Jali.
A Memorable Evening in Kilifi
Jali’s dinner with his Italian friends and other locals was filled with warmth and hospitality. Gathered around a table laden with freshly prepared dishes that highlighted the flavors of the coast, the evening offered a perfect blend of local culture and international camaraderie. “Sharing a meal in Kilifi with people from various backgrounds made me realize the town’s unique ability to bring people together,” reflects Jali. “There was something magical about the setting, the sound of the waves in the background, the laughter, and the genuine connection among everyone present.”
This evening in Kilifi provided Jali with a richer understanding of the town’s charm, beyond its natural beauty. For him, it represented the essence of travel: connecting with others, learning from their stories, and finding common ground. “Kilifi has a way of opening your heart and reminding you of the value of meaningful connections,” he says. “It’s these interactions that stay with you long after you’ve left the place.”
Embracing the Spirit of East African Travel
Reflecting on his experiences, Jali encourages travelers to explore Kilifi and the broader East African region with an open mind and a willingness to connect. “East Africa has so much to offer beyond its landscapes,” he emphasizes. “It’s the people, the unexpected friendships, and the shared experiences that make traveling here so transformative.” Jali’s time in Kilifi highlights his belief that the true beauty of travel lies in the stories we collect along the way and the connections we make with others.
For those considering a trip to Kilifi, Jali’s advice is to embrace both the adventure of the ocean and the warmth of its community. “Let Kilifi surprise you,” he suggests. “Spend time with the locals, share a meal, and take in the simple joys that make this place unforgettable. It’s a destination that will stay with you long after you’ve left its shores.”
To learn more visit: http://ammarjali-travel.com/
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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