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TACT523
Tactogen is a Benefit corporation, public benefit corporation and startup company, start-up pharmaceutical company based in Palo Alto, California that is developing novel MDMA-like entactogens and psychedelic drug, psychedelics as medicines. Its stated goal is to develop new MDMA-like drugs with improved effectiveness, tolerability, and drug safety, safety, as well as gentleness and accessibility, for treatment of psychiatric disorders and other conditions. Tactogen was co-founded by neuroscientist Matthew J. Baggott and Luke Pustejovsky in 2020. Baggott is the chief executive officer (CEO) while Pustejovsky is the chief operating officer (COO). Drug candidates Tactogen has patented various novel entactogen-like compounds from different chemical class, chemical families. These include substituted benzofuran, benzofurans like 5-MAPB, 5-MBPB, and BK-5-MAPB, substituted benzothiophene, benzothiophenes like 5-MAPBT, substituted α-alkyltryptamine, α-alkyltryptamines like BK-NM-AMT an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Benefit Corporation
In business, and only in United States corporate law, a benefit corporation (or in some states, a public benefit corporation) is a type of for-profit corporate entity whose goals include making a positive impact on society. Laws concerning conventional corporations typically do not define the "best interest of society", which has led some to believe that increasing shareholder value (profits and/or share price) is the only overarching or compelling interest of a corporation. Benefit corporations explicitly specify that profit is not their only goal. An ordinary corporation may change to a benefit corporation merely by stating in its approved corporate bylaws that it is a benefit corporation. A company chooses to become a benefit corporation in order to operate as a traditional for-profit business while simultaneously addressing social, economic, and/or environmental needs. For example, a 2013 study done by MBA students at the University of Maryland showed that one main reas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
