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FSD Pharma to Attend 41st Annual J.P. Morgan Healthcare Conference 2023 TORONTO--(BUSINESS WIRE)

Key Takeaway: FSD Pharma Inc. announced its attendance at the 41st Annual J.P. Morgan Healthcare Conference from January 9-12, 2023, in San Francisco. Key executives, including CEO Dr. Lakshmi P. Kotra, will represent the company, which focuses on developing innovative biopharmaceutical products. FSD Pharma has multiple drug candidates under development, including FSD201 for inflammatory diseases and other compounds for mental health and neurodegenerative disorders. The conference serves as a key networking platform for industry leaders and emerging companies.

Market Sentiment Analysis

POSITIVE FACTORS

  • FSD Pharma is participating in a major healthcare conference, increasing visibility.
  • The company has multiple drug candidates in various stages of development.
  • Attendance by senior executives may strengthen industry relationships.

CONCERNS & RISKS

  • The drug development efforts are at a very early stage and uncertain.
  • Forward-looking statements indicate the possibility of unmet expectations in clinical results.
  • Factors like competition and regulatory approval present ongoing risks.

Full Press Release Details

FSD Pharma to Attend 41st Annual J.P. Morgan Healthcare Conference 2023

TORONTO--(BUSINESS WIRE)--January 6, 2023--FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) ("FSD Pharma" or the "Company"), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech
solutions to address ailments affecting millions worldwide, announced today that senior executive management is attending the 41st Annual J.P. Morgan Healthcare Conference being held January 9-12, 2023, in San Francisco, California. The J.P.
Morgan Healthcare Conference is the largest and most informative healthcare investment symposium in the industry, connecting global industry leaders, emerging fast-growth companies, innovative technology creators and members of the investment
Dr. Lakshmi P. Kotra, Director at FSD Pharma and Chief Executive Officer of the Company's wholly owned subsidiary Lucid Psycheceuticals, and Zeeshan Saeed, Founder and President of FSD Pharma, will be in attendance and available for in-person
meetings throughout the conference.
FSD Pharma Inc. is a biotechnology company with three drug candidates in different stages of development. FSD BioSciences, Inc., a wholly owned subsidiary, is focused on pharmaceutical research and development of its lead compound, FSD201, a
proprietary ultra-micronized PEA formulation, for the treatment of inflammatory diseases. Lucid Psycheceuticals Inc., a wholly owned subsidiary, is focused on the research and development of its lead compounds, Lucid-Psych and Lucid-MS.
Lucid-Psych is a molecular compound identified for the potential treatment of mental health disorders. Lucid-MS is a molecular compound identified for the potential treatment of neurodegenerative disorders.
Forward Looking Information
Certain statements contained herein are "forward-looking statements." Often, but not always, forward-looking statement can be identified by the use of words such as "plans", "expects", "expected", "scheduled", "estimates", "intends",
"anticipates", "hopes", "planned" or "believes", or variations of such words and phrases, or states that certain actions, events or results "may", "could", "would", "might", "potentially" or "will" be taken, occur or be achieved.
Forward-looking statements contained in this press release include statements relating to the future of FSD Pharma Inc. FSD Pharma cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is
cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
Since forward-looking statements relate to future events and conditions, by their very nature they require making assumptions and involve inherent risks and uncertainties. The Company cautions that although it is believed that the assumptions
are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking statements. Factors that may cause such material
differences include without limitation: the fact that the drug development efforts of both Lucid and FSD BioSciences are at a very early stage; the fact that preclinical drug development is uncertain, and the drug product candidates of Lucid
and FSD BioSciences may never advance to clinical trials; the fact that results of preclinical studies and early-stage clinical trials may not be predictive of the results of later stage clinical trials; the uncertain outcome, cost, and timing
of product development activities, preclinical studies and clinical trials of Lucid and FSD BioSciences; the uncertain clinical development process, including the risk that clinical trials may not have an effective design or generate positive
results; the potential inability to obtain or maintain regulatory approval of the drug product candidates of Lucid and FSD BioSciences; the introduction of competing drugs that are safer, more effective or less expensive than, or otherwise
superior to, the drug product candidates of Lucid and FSD BioSciences; the initiation, conduct, and completion of preclinical studies and clinical trials may be delayed, adversely affected, or impacted by COVID-19 related issues; the potential
inability to obtain adequate financing; the potential inability to obtain or maintain intellectual property protection for the drug product candidates of Lucid and FSD BioSciences; and other risks. Further information regarding factors that may
cause actual results to differ materially are included in the Company's annual and other reports filed from time to time with the Canadian Securities Administrators on SEDAR (www.sedar.com) and with the U.S. Securities and Exchange Commission
on EDGAR (www.sec.gov) under the heading "Risk Factors." Any forward-looking statement contained in this release speaks only as of its date. The Company does not undertake to update any forward-looking statements, except to the extent required
by applicable securities laws.

Contacts

Zeeshan Saeed, Founder, President and Executive Co-Chairman of the Board, FSD Pharma Inc.
Telephone: (416) 854-8884

Frequently Asked Questions

When will FSD Pharma attend the J.P. Morgan Conference?

FSD Pharma will attend the J.P. Morgan Healthcare Conference from January 9-12, 2023.

Who from FSD Pharma will be at the conference?

Dr. Lakshmi P. Kotra and Zeeshan Saeed will represent FSD Pharma at the event.

What is FSD Pharma focused on developing?

FSD Pharma is focused on innovative assets for inflammatory and mental health disorders.

What are the lead compounds of FSD's subsidiaries?

FSD's subsidiaries focus on FSD201, Lucid-Psych, and Lucid-MS for various disorders.

What is important about FSD Pharma's forward-looking statements?

FSD Pharma's forward-looking statements involve risks and uncertainties that could impact results.

Last updated: Jan 6, 2023