Cybin Inc.
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Cybin Inc. - overview
Established
2019
Location
Toronto, ON, Canada
Primary Industry
Biotechnology
About
Based in Toronto, Canada, and founded in 2019, Cybin Inc. , formerly known as Clarmin Explorations Inc. , develops psychedelic therapies for mental health disorders. The company was co-founded by Eric So, John Kanakis, and Paul Glavine.
In August 2023, Cybin Inc. , a portfolio company of Innovating Capital Management, Bail Capital, and Janus Henderson Investors, acquired Small Pharma Ltd. from ACF Investors. The company's platform offers therapeutic development and innovative drug delivery systems.
The company uses API Modification, Research and Develop, and Science Meets Technology for its therapeutic development. The company generated revenue of CAD 0. 86 million in its financial year 2020. The acquisition enables Cybin Inc.
to scale its intellectual property portfolio in psychedelic drug development.
Current Investors
Innovating Capital, Kearny Venture Partners, RA Capital Management
Primary Industry
Biotechnology
Sub Industries
Biopharmaceuticals, Mental Health Services, Pharmaceutical Research & Development
Website
www.cybin.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Cybin Inc. - timeline of key events
Cybin Inc. - financials
| Fiscal Year Ended | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 |
|---|---|---|---|---|---|
| Revenue (USD) | 864,000 | - | - | - | - |
| % Revenue Growth (YoY) | - | (100.0%) | - | - | - |
| EBITDA (USD) | (32,231,000) | (67,704,000) | - | - | - |
| Operating Income (USD) | (32,280,000) | (67,872,000) | - | - | - |
| Operating Margin | (3736.1%) | - | - | - | - |
| % EBITDA Margin | (3730.4%) | - | - | - | - |
| NET Income (USD) | (32,220,000) | (67,631,000) | - | - | - |
| % Net Margin | (3729.2%) | - | - | - | - |
Cybin Inc. - employee data
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