PharmAla Biotech Australia Contracts with UK-based CDMO for Manufacture of ALA-002 Drug Substance

Executive Summary
- PharmAla Biotech Australia has secured a contract with a UK‑based CDMO to manufacture the drug substance for its novel MDMA formulation ALA‑002.
- The partnership is a key prerequisite for launching the Phase 2a/2b clinical trial of ALA‑002 in 2026 targeting Social Anxiety Disorder.
- The company completed one of two scheduled shipments of LaNeo™ MDMA to Mount Sinai’s Parsons Research Center for use in ongoing psychedelic‑healing research.
Key Details
- Contract with UK CDMO:
- Sub‑contract awarded to an undisclosed United Kingdom contract development and manufacturing organization (CDMO) for process development and bulk manufacture of ALA‑002 drug substance.
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Execution follows a global RFP conducted by PharmAla Biotech Australia.
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ALA‑002 Development Milestone:
- First new active pharmaceutical ingredient (API) development since 2022.
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Patent‑protected, non‑racemic MDMA formulation intended for Phase 2a/2b clinical trials in 2026.
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Clinical Trial Timeline:
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Planned initiation of Phase 2a/2b trial to evaluate ALA‑002 for Social Anxiety Disorder in 2026, contingent on successful manufacturing scale‑up.
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Shipment to Mount Sinai:
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Completed one of two contracted shipments of LaNeo™ MDMA to the Parsons Research Center at Mt. Sinai Hospital for clinical research purposes (originally announced Oct 21, 2024).
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Forward‑Looking Statements:
- The release contains forward‑looking information regarding manufacturing timelines, trial initiation, and regulatory expectations.
Notable Quotes
“PharmAla Australia worked diligently, executing a global RFP search to find our ideal partner for process development and manufacturing of the ALA‑002 drug product components,” – Nick Kadysh, Founding CEO, PharmAla Biotech.
“This is an important and necessary step to us executing our ALA‑002 Phase 2 clinical trial in 2026, and the first time since 2022 that PharmAla will be developing a wholly new Active Pharmaceutical Ingredient for human use.” – Nick Kadysh, Founding CEO, PharmAla Biotech.