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MycoMedica Life Sciences

Data updated

1 Drug Candidate3 Trials

MycoMedica Life Sciences PBC is a public benefit corporation developing low-dose psilocybin medicines for psychiatric and neurological disorders. Their lead candidate MLS101 is in Phase 1 clinical development, with PMDD as the lead indication and OUD and OCD as additional targets. Based in Shelton, Washington.

Pipeline Intelligence

Developer Momentum

Programme tracker
Active candidates
1

All tracked candidates active

Active programmes
1

All tracked programmes active

Lead stage
Phase I

Current furthest stage

Forecast coverage
1 of 1

1 active programme with forecast fields

Latest sourced update

MycoMedica Programs - Low-Dose Psilocybin Trials

Jun 27, 2026 - company-website - MycoMedica Life Sciences - MLS101 (Low-Dose Psilocybin)

Next known catalyst

Phase I publication

Q4 2026 - MLS101 (Low-Dose Psilocybin) / MLS101 Phase 1 Programme (SAD/MAD/Neuroimaging) — Australia - Confidence: 40%

5 sources0 pipeline-linked trials0 pipeline-linked papers

Development Programmes

1

MLS101 (Low-Dose Psilocybin)

Psilocybin
Phase I

PMDD, OCD, OUD — novel low-dose paradigm targeting 5-HT1A and 5-HT2A receptors

Programme Tracker

Obsessive-Compulsive Disorder (OCD)

Primary: Australia (TGA)
Phase IActive

Forecast

Phase I publication - Likely: Q4 2026

Three MLS101 Phase 1 studies are completed on ClinicalTrials.gov, including the fMRI/translational study NCT07050368 with actual completion on 2026-01-13 and last update posted 2026-02-13. No public Phase 1 data package or Phase 2 start was found in this pass.

Milestones

Phase I started

Completed

Actual: Jan 1, 2024

NCT06326606 Phase 1 SAD/MAD study initiated in Adelaide, Australia — safety, tolerability, PK of MLS101 in healthy volunteers

Why it matters: First-in-human study for MLS101. Conducted in Australia via TGA Clinical Trial Notification scheme for regulatory speed. SAD/MAD design establishes dose range and safety profile for the low-dose paradigm.

Watch next: Phase 1 data disclosure

Phase I started

Completed

Actual: Jun 19, 2024

Two additional Phase 1 studies initiated: NCT06643637 (multiple-dose) and NCT07050368 (brain activity/neuroimaging)

Why it matters: Progressive Phase 1 programme — from single-dose safety to multiple-dose to neuroimaging — builds a comprehensive clinical pharmacology package for IND/regulatory submission. The neuroimaging study will provide mechanistic evidence for the low-dose paradigm.

Watch next: Phase 1 results disclosure and Phase 2 planning

Phase I completed

Completed

Actual: May 1, 2025

NCT06326606 SAD/MAD study completed

Why it matters: Completion of the first Phase 1 enables dose selection for subsequent multiple-dose and neuroimaging studies. Results not yet publicly disclosed.

Funding milestone

Completed

Actual: Jun 1, 2022

$60M Series A-II raised (ARTIS Ventures, True Ventures, Obvious Ventures)

Why it matters: MycoMedica is one of the best-funded private psilocybin companies, with ~$60-89M raised. Co-founded by Paul Stamets (legendary mycologist) and Pamela Kryskow (physician). The low-dose paradigm is genuinely differentiated — MLS101 targets 5-HT1A and 5-HT2A at doses designed to reduce patient burden and eliminate the need for clinical supervision.

Recorded Events

May 1, 2025: Phase I completed

Jun 19, 2024: Phase I started

Jan 1, 2024: Phase I started

Jun 1, 2022: Funding milestone

Evidence Links

MycoMedica Programs - Low-Dose Psilocybin Trials

company-website - MycoMedica Life Sciences - Jun 27, 2026 - Verified

Company programmes page describes safety-focused low-dose psilocybin trials and the dosing paradigm for MLS101.

ClinicalTrials.gov NCT06326606 - MLS101 Dose Escalation Study

clinical-trial-registry - ClinicalTrials.gov - Oct 9, 2024 - Verified

ClinicalTrials.gov registry for completed Phase 1 MLS101 dose-escalation study; last update posted 2024-10-09.

ClinicalTrials.gov NCT06643637 - Multiple Doses of MLS101

clinical-trial-registry - ClinicalTrials.gov - Jun 12, 2025 - Verified

ClinicalTrials.gov registry for completed Phase 1 multiple-dose MLS101 study; last update posted 2025-06-12.

ClinicalTrials.gov NCT07050368 - MLS101 Brain Activity Study

clinical-trial-registry - ClinicalTrials.gov - Feb 13, 2026 - Verified

ClinicalTrials.gov registry for completed Phase 1 fMRI/translational MLS101 study; last update posted 2026-02-13.

MycoMedica secures $60M funding for fungi-based drug development

Press release - MycoMedica Life Sciences / Yahoo Finance - Jun 1, 2022 - Verified

Release reports $60M financing to fuel fungi-based drug development for psychiatric and neurological disorders.

Similar Developers

Reference points selected from shared pipeline stage, indications, compounds, regulatory pathways, and evidence footprint.

View landscape
Ceruvia Lifesciences
Phase II2 active candidates2 trials
shared compound: Psilocybinsame indication: Obsessive-Compulsive Disorder (OCD)similar active pipeline sizeboth have forecast coverage
Lobe Sciences
Phase I1 active candidate1 trial
shared compound: PsilocybinPhase I peersimilar active pipeline sizeboth have forecast coverage
Scottsdale Research Institute
Phase I1 active candidate
shared compound: PsilocybinPhase I peersimilar active pipeline sizeboth have forecast coverage
MSICS Pharma
Phase II1 active candidate
shared compound: Psilocybinsame indication: Obsessive-Compulsive Disorder (OCD)similar active pipeline sizeboth have forecast coverage

Quick Facts

Type
Public Benefit Corporation
Lead Stage
Phase I
Website
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