Psyence(PBM)

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Psyence BioMed to Present at the H.C. Wainwright 27th Annual Global Investment Conference September 8-10, 2025
Globenewswire· 2025-08-28 12:00
NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence BioMed” or the “Company”), a biopharmaceutical company advancing nature-derived psilocybin and ibogaine therapies for unmet mental health needs, today announced that it will present at the H.C. Wainwright 27th Annual Global Investment Conference, taking place September 8–10, 2025. The event, held at the Lotte New York Palace Hotel in New York City and virtually, features more than 550 corporate presentations from lea ...
Psyence BioMed's Strategic Collaboration with PsyLabs Yields Breakthrough in High-Purity Ibogaine Production
GlobeNewswire News Room· 2025-07-31 11:30
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence BioMed” or the “Company”) is pleased to announce that its strategic partner, PsyLabs – a leader in the production of purified psychedelic compounds – has successfully produced a GMP-aligned Ibogaine Total Alkaloid extract. The high-purity extract met all microbial safety standards for food-grade consumption, as verified by an accredited third-party laboratory. In 2024, Psyence BioMed acquired an equity stake in PsyLa ...
Psyence BioMed’s Strategic Collaboration with PsyLabs Yields Breakthrough in High-Purity Ibogaine Production
Globenewswire· 2025-07-31 11:30
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence BioMed” or the “Company”) is pleased to announce that its strategic partner, PsyLabs – a leader in the production of purified psychedelic compounds – has successfully produced a GMP-aligned Ibogaine Total Alkaloid extract. The high-purity extract met all microbial safety standards for food-grade consumption, as verified by an accredited third-party laboratory. In 2024, Psyence BioMed acquired an equity stake in PsyLa ...
CVS Health's Caremark to Lead CalPERS' PBM Vision: What's at Stake?
ZACKS· 2025-07-18 13:36
Core Insights - Rising prescription drug costs are a significant concern in healthcare, with pharmacy benefit managers (PBMs) under scrutiny for their management of drug benefits [1] - CVS Health's Caremark has secured a five-year contract with CalPERS, replacing OptumRx, to provide outpatient prescription drug benefits to nearly 587,000 members starting January 1, 2026 [2][8] - CVS Caremark was chosen for its ability to offer more affordable drug benefits and strong contract terms, including a $250 million risk for failing to meet cost control and clinical quality targets [3][8] Company Developments - CVS Caremark will manage formulary changes for CalPERS, promoting affordability in drug coverage, including weight management medications, potentially saving clients 10-15% annually [4][8] - CVS shares have increased by 6.3% over the past year, contrasting with a 17.7% decline in the industry [7] - The stock is trading at a forward one-year price-to-earnings ratio of 9.60, below the industry average of 14.00, and has a Value Score of A [9] Industry Trends - The global PBM market is growing, with CVS Caremark, OptumRx, and Express Scripts leading the market [5] - Elevance Health reported a 33% year-over-year increase in CarelonRx operating gains, driven by higher prescription volumes and recent acquisitions [5] - Humana has partnered with Epic to integrate health plan information into MyChart, enhancing access for Medicare Advantage members [6] Financial Outlook - Analyst estimates for CVS Health's earnings in 2025 and 2026 show an upward trend, with current estimates for the next year at $7.00 per share [10][11] - CVS currently holds a Zacks Rank 1 (Strong Buy), indicating positive market sentiment [11]
Pacific Bay Minerals Ltd. Announces $2 Million Private Placement to Advance Pereira-Velho Gold Project in Brazil
Newsfile· 2025-07-02 12:30
Core Viewpoint - Pacific Bay Minerals Ltd. is initiating a non-brokered private placement to raise up to $2,000,000 through the sale of 20,000,000 units at a price of $0.10 per unit [1][3] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with warrants exercisable at $0.15 per share for 24 months [2] - The company may pay finder's fees of 7% cash and 7% finder's warrants on completed subscriptions, subject to TSX Venture Exchange policies [3] - The offering is expected to close around July 17, 2025, pending regulatory approvals [3] Group 2: Use of Proceeds - Net proceeds will primarily fund the acquisition of the Pereira-Velho Gold Project in Brazil and early-stage exploration [4] - Remaining funds may support exploration on Canadian assets and general corporate activities [4] Group 3: Insider Participation - Certain insiders may participate in the offering, which will be treated as a related party transaction under TSX Venture Exchange Policy 5.9 [5] - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements [5] Group 4: Management Changes - Elton Pereira has transitioned to the role of Country Manager, Brazil, aligning with the company's focus on the Pereira-Velho Gold Project [7] Group 5: Company Overview - Pacific Bay Minerals is a Canadian mineral exploration company focused on acquiring, exploring, and developing mining projects, particularly the Pereira-Velho Gold Project in Brazil [8]
Psyence(PBM) - 2025 Q4 - Annual Report
2025-06-25 21:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...
CVS Sues Arkansas Over Law Banning PBM Ownership Of Pharmacies
Forbes· 2025-05-29 22:30
CVS Health Thursday sued Arkansas, trying to thwart a law the healthcare company said would lead to ... More the closure of all 23 CVS drugstores in the state, the company said May 29, 2025. In this photo, a sign marks the location of a new CVS pharmacy May 5, 2004 in Chicago, Illinois. (Photo by Scott Olson/Getty Images)Getty ImagesCVS Health Thursday sued the state of Arkansas, trying to thwart a law the healthcare company said would lead to the closure of all 23 CVS drugstores in the state.At issue is le ...
CVS Health Stock Rallies 38% in May: Is it a Buy Amid PBM Pressure?
ZACKS· 2025-05-14 20:01
Core Viewpoint - CVS Health shares have increased nearly 38% this month due to stronger-than-expected Q1 2025 results, despite concerns over store closures related to new PBM reform legislation [1][2] Financial Performance - CVS Health reported Q1 2025 adjusted EPS of $2.25 and adjusted operating income of $4.6 billion, exceeding market expectations [5] - The company raised its full-year adjusted EPS guidance to a range of $6 to $6.20, up from $5.75 to $6, reflecting confidence in operational strength across its core businesses [5] Management Changes - Brian Newman was appointed as CFO and Amy Compton-Phillips as CMO, positioning CVS to advance its long-term vision of becoming a trusted healthcare company [6] Digital Innovation - The CVS Health app is enhancing customer engagement by providing better visibility into care and real-time AI recommendations [7] Operational Efficiency - CVS Health is streamlining prior authorizations, with 95% of Aetna's requests processed within 24 hours, and is expanding its bundled cancer care model [8] - The pharmacy segment processes over 1.7 billion prescriptions annually, with strategic investments in technology driving performance [9] Affordability Initiatives - CVS is expanding access to therapies, partnering with Novo Nordisk to offer Wegovy at lower costs and leading the U.S. market with its low-cost Humira biosimilar, generating over $1 billion in savings for clients [10] Strategic Focus - CVS Health will exit the ACA individual exchange markets by 2026 due to losses, focusing instead on Medicare, commercial, and Medicaid plans [11] Regulatory Challenges - CVS is closing 23 pharmacies in Arkansas due to new legislation banning PBMs from owning pharmacies, which CVS argues will limit access and increase drug spending [12][14] Valuation Insights - CVS Health's forward P/E ratio is 9.46X, lower than the S&P 500's 21.37X, but higher than competitors Walgreens Boots and Herbalife [15][17] - The stock's premium may be justified by its scale and strategic focus on digital health and value-based care [17] Analyst Outlook - CVS Health is trading nearly 22% below its average price target according to 22 analysts, indicating strong upside potential [19] Investment Recommendation - Despite regulatory challenges, CVS Health remains a strong long-term investment due to its diversified business model and advancements in digital health [20]
Psyence Biomed Names Albert P. Garcia-Romeu, Ph.D. as Chair of its Newly Created Scientific Advisory Board
Globenewswire· 2025-02-26 13:00
Scientific Advisory Board will bring significant expertise in psilocybin research and clinical trial designNEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence Biomed” or the “Company”) today announced that it will work closely with Albert P. Garcia-Romeu, Ph.D., to chair and develop its newly created Scientific Advisory Board (SAB). Dr. Garcia-Romeu is a leading psychedelics researcher currently serving as Associate Professor in the Department of Psychiatry and Behavi ...
Psyence(PBM) - 2024 Q2 - Quarterly Report
2025-01-23 21:01
Exhibit 99.3 Psyence Biomedical Ltd. (Formerly the carve-out of Psyence Biomed Corp.) Consolidated Financial Statements For the years ended March 31, 2024 and 2023 Expressed in United States Dollars (USD $) PSYENCE BIOMEDICAL LTD. Consolidated Financial Statements Management's Responsibility for Financial Reporting The accompanying consolidated financial statements of the Company have been prepared by management in accordance with International Financial Reporting Standards. These financial statements conta ...