atai Life Sciences Announces Strategic Partnership with IntelGenx

March 15, 2021 Articles 8:00 am

IntelGenx Technologies Corp. (TSX-V:IGX) (OTCQB:IGXT) today announced that its wholly owned subsidiary, IntelGenx Corp., a leader in pharmaceutical films, has agreed to the terms of a strategic partnership with atai Life Sciences, a clinical-stage biopharmaceutical company aiming to transform the treatment of mental health disorders, including an equity investment by atai, pursuant to which atai will initially acquire an approximate 25% interest in the Corporation. The Corporation also announced that atai has granted to IntelGenx a secured loan in the amount of US$2,000,000.

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