Top Companies Racing to Help with Mental Health

September 6, 2021, By fierce,

Millions of people all over the world are struggling with mental health issues.  All thanks to the seemingly never-ending pandemic.  In fact, according to Mental Health America, in 2021, Youth mental health is worsening. 9.7% of youth in the U.S. have severe major depression, compared to 9.2% in last year’s dataset. Even before COVID-19, the prevalence of mental illness among adults was increasing. In 2017-2018, 19% of adults experienced a mental illness, an increase of 1.5 million people over last year’s dataset.”

Some of the top companies racing to help treat such mental health issues include AI/ML Innovations (CSE:AIML)(OTC:AIMLF), Reliq Health Technologies Inc. (TSXV:RHT)(OTC:RQHTF), Mydecine Innovations Group (CSE:MYCO)(OTC:MYCOF), Mind Medicine Inc. (NEO:MMED)(OTC:MMEDF), and Cybin Inc. (NEO:CYBN)(OTC:CLXPF).

In addition, “There is still unmet need for mental health treatment among youth and adults. 60% of youth with major depression did not receive any mental health treatment in 2017-2018. Even in states with the greatest access, over 38% are not receiving the mental health services they need. Among youth with severe depression, only 27.3% received consistent treatment. 23.6% of adults with a mental illness reported an unmet need for treatment in 2017-2018. This number has not declined since 2011.”

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