Clearmind Medicine (CMND) recently signed a non-binding term sheet with Dr. Glitter Pty Ltd, a health technology company that has developed ActivCrystal technology, an oral delivery format that encapsulates active ingredients in crystals that are tasteless, odorless, made from natural ingredients, and designed to be sprinkled on meals. The companies plan to collaborate on the development and commercialization of Clearminds MEAI-based alcohol substitute and Dr Glitter Pty Ltds ActivCrystal technology.
The companies will work together to develop MEAI-based alcohol alternative aimed to naturally replicate the known sensations from drinking alcohol without the associated health risks or hangover. In ActivCrystal format, Clearminds MEAI-based alcohol alternative may be sprinkled into users choice of beverage or food.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.