Incannex Healthcare Inc., a clinical-stage biopharmaceutical company, has announced a 50:50 joint venture with Mind Medicine Australia $(MMA)$ to establish a psychedelic-assisted therapies clinic in Melbourne. The new entity, Mind Medicine Australia Clinics, aims to deliver an integrated suite of services, including clinical operations, governance, and medical oversight, to support a network of authorized prescribers across Australia. This collaboration is set to enhance treatment access for individuals with complex mental health conditions such as PTSD and treatment-resistant depression by reducing costs and increasing capacity. The clinic will also serve as a Centre of Excellence for clinician training, strengthening Incannex's position in the next-generation mental health treatment sector. MMA, renowned for its role in the regulatory rescheduling of psilocybin and MDMA, will provide essential resources and expertise to ensure the success of this initiative.
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