Exec Limelight: Dr. Joseph Tucker, Head Of State & & Chief Executive Officer of MagicMed Industries Inc.

Executive Spotlight: Dr. Joseph Tucker, President & CEO of MagicMed Industries Inc.


Dr. Joseph Tucker is a skilled exec that has actually constructed a number of openly traded biotechnology firms. Dr. Tucker was a creator as well as President of Stem Cell Therapy, which he took public on the TSX (TSX: SSS). Trillium Therapies (NASDAQ: TRIL, TSX: TRIL) obtained Stem Cell Therapies in 2013. Dr. Tucker has actually additionally held the placement of Founder as well as President of Epimeron Inc., a College of Calgary start-up obtained in the development of Willow Biosciences Inc. (TSX: WLLW). At Willow, Dr. Tucker functioned as Exec Chairman as well as Principal Operating Policeman. Before establishing firms, Dr. Tucker was a health care expert with 2 financial investment financial institutions as well as has actually additionally operated in modern technology commercialization for a college modern technology transfer workplace. Dr. Tucker obtained his Ph.D. in Biochemistry And Biology as well as Molecular Biology from the College of Calgary.

GMR Exec Limelight Meeting Q&A:

Complete Name: Joseph Tucker

Title: Chief Executive Officer

Business: MagicMed Industries Inc.

Years at present business: 1– given that creation

Many effective expert success prior to psychedelics: I established as well as took public both Stem Cell Therapies (TSX: SSS, currently NASDAQ: TRIL) as well as Epimeron Inc. (currently TSX: WLLW, Willow Biosciences).

Business Goal: To open the complete capacity of psychedelic-derived medications for the therapy of neurological as well as emotional indicators.

Business’s most effective accomplishment: Within one year of the beginning of MagicMed (Might 2020), we increased $10M, submitted 15 license applications, produced the Psybrary TM as well as PsyAI TM, as well as participated in a clear-cut contract to combine right into Enveric Biosciences (NASDAQ: ENVB) in an all supply purchase.

Has the business increased any type of resources (yes or no): Yes

if so, just how much?: $ 10M

Any kind of intend on elevating resources in the future? Yes. The merging with Enveric Biosciences (NASDAQ: ENVB) allows us to take our ideal brand-new hallucinogen prospects with professional tests ourselves. This will certainly need more resources raising, which will certainly be helped with with our NASDAQ listing. 2 financial investment financial institutions have actually released protection currently.

Crucial business 5 year objective: We mean to develop as well as progress with professional tests a durable pipe of medication prospects to satisfy various crucial unmet clinical demands. We anticipate to have a profile of around 5 different brand-new medication prospects progressing with differing phases of professional growth within 5 years.

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