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Clearmind Medicine Announces Publication of Six Innovative Patents in Hong Kong for Next-Generation Psychedelic-Based Combination Therapies
Globenewswire· 2026-03-17 13:15
Core Viewpoint - Clearmind Medicine Inc. has announced the publication of six patents in Hong Kong, focusing on innovative combination therapies that integrate Palmitoylethanolamide (PEA) with various psychedelic compounds to address under-treated health issues [1][2][3] Group 1: Patent Publication and Innovations - The newly published patents protect formulations that combine PEA with MDMA, LSD, Ketamine, Ibogaine, Psilocybin, and DMT, aiming to enhance therapeutic potential and improve safety and tolerability for mental health and neurological conditions [2] - The company currently holds a total of nineteen patent families, which include 31 granted patents, and plans to seek additional patents as opportunities arise [5] Group 2: Company Strategy and Objectives - Clearmind is focused on developing non-hallucinogenic, neuroplastogen-derived therapeutics to tackle significant health problems, including alcohol use disorder [4] - The CEO emphasized the strategic combination of PEA with well-characterized psychedelics to build a robust pipeline of next-generation candidates aimed at addressing unmet needs in mental health [3]
Universal Ibogaine Inc. provides update on intent to file Clinical Trial Application with Health Canada and confirms securing of Ibogaine drug supply
Thenewswire· 2025-09-04 23:00
Company Overview - Universal Ibogaine Inc. (UI) is a life sciences company focused on transforming addiction treatment using medicalized ibogaine, specifically targeting opioid use disorder through a planned clinical trial in Canada [4] - The company is also developing a holistic addiction treatment protocol at its Kelburn Recovery Centre, aimed at revolutionizing addiction treatment and improving the lives of affected individuals and families [4] Clinical Trial Announcement - UI intends to file a Clinical Trial Application (CTA) with Health Canada within 90 days to investigate ibogaine as a treatment for opioid use disorder [1] - The company has secured a reliable supply of pharmaceutical-grade ibogaine, produced in compliance with Good Manufacturing Practice (GMP) standards, ensuring quality and safety for the clinical trial [2] Leadership Statement - CEO Nick Karos emphasized the company's commitment to advancing innovative addiction therapies and expressed confidence in conducting rigorous clinical studies focused on patient safety and therapeutic effectiveness [3]
Corporate Update, August 2025
Globenewswire· 2025-08-04 12:30
Core Insights - Psyence BioMed is advancing its mission to develop safe and effective psychedelic therapies for mental health challenges, with significant progress in clinical development, regulatory compliance, and strategic partnerships [2][11][14] Clinical Development - The company is executing a clinical trial in partnership with Southern Star Research, aiming to expand patient access and accelerate enrollment [3] - A Steering Committee has been established to guide the development of a study on psilocybin for Alcohol Use Disorder, with plans to conduct the study in South Africa [6] - The partnership with PsyLabs is crucial for the Ibogaine program, with successful production of a GMP-aligned Ibogaine Total Alkaloid extract [7][9] Financial Position - As of August 4, 2025, Psyence BioMed reported a strong cash balance of $11.4 million and no outstanding debt, positioning the company for growth opportunities [11] - The company regained compliance with Nasdaq listing requirements in June 2025, marking a significant milestone in its growth [12] Strategic Vision - The company aims to build a resilient biotechnology firm focused on nature-derived psychedelic therapies, with a commitment to long-term value creation [14][18] - Psyence BioMed is positioned to lead in ethical and scalable production of ibogaine, leveraging its unique sourcing capabilities in Africa [17] Market Outlook - The global market for psilocybin-assisted therapy is projected to grow from $1.5 billion in 2024 to $3.3 billion by 2031, driven by increasing acceptance of psychedelic therapies [27][18]
Psyence BioMed's Strategic Collaboration with PsyLabs Yields Breakthrough in High-Purity Ibogaine Production
GlobeNewswire News Room· 2025-07-31 11:30
Core Insights - Psyence Biomedical Ltd. announced that its strategic partner PsyLabs has successfully produced a GMP-aligned Ibogaine Total Alkaloid extract, meeting food-grade microbial safety standards verified by a third-party laboratory [1][3][4] - The company has continued its investment in PsyLabs, reflecting its commitment to supporting the development of scalable and compliant psychedelic APIs [1][4] - PsyLabs aims to further increase purity levels of its products, including Ibogaine HCL and Psilocybin Isolate, to meet growing global demand [2][4] Company Overview - PsyLabs is a federally licensed psychedelic Active Pharmaceutical Ingredient (API) development company, focusing on the cultivation, extraction, and export of various psychedelic compounds to legal medical and research markets [6][7] - The company has successfully exported psilocybin products to multiple countries, including Canada, the UK, Portugal, and Slovenia, and supplies purified extracts to its UK-based CMO partner [6][7] - Psyence Biomedical Ltd. is a vertically integrated biopharmaceutical company specializing in psychedelic-based therapeutics, being the first life sciences biotechnology company focused on nature-derived psilocybin and ibogaine to be listed on Nasdaq [7]
Psyence BioMed’s Strategic Collaboration with PsyLabs Yields Breakthrough in High-Purity Ibogaine Production
Globenewswire· 2025-07-31 11:30
Core Insights - Psyence Biomedical Ltd. announced that its strategic partner PsyLabs has successfully produced a GMP-aligned Ibogaine Total Alkaloid extract, meeting food-grade microbial safety standards [1][3][4] - The achievement reflects Psyence BioMed's ongoing investment and collaboration with PsyLabs, which aims to develop scalable and compliant psychedelic APIs [1][4] - PsyLabs is focused on increasing purity levels of its products and expanding its chemistry production area to meet growing demand for psychedelic compounds [2][4] Company Overview - PsyLabs is a federally licensed company specializing in the cultivation, extraction, and export of psychedelic compounds, including psilocybin and ibogaine, to legal medical and research markets [6][7] - The company has successfully exported psilocybin products to multiple countries, including Canada, the UK, and Portugal, and supplies purified extracts to its UK-based CMO partner [6][7] - Psyence BioMed is a vertically integrated biopharmaceutical company focused on developing nature-derived psychedelic medicine, particularly for unmet mental health needs [7] Strategic Developments - PsyLabs' extraction division is expanding to ensure consistent production of high-purity psychedelic APIs, including Ibogaine HCL and Psilocybin Isolate [4][5] - The company emphasizes its commitment to refining processes for higher purity levels to support the increasing demand for quality psychedelic APIs [4][5] - PsyLabs aims to provide a reliable and ethically sourced supply of Ibogaine to licensed research institutions and developers worldwide [5]
Ibogaine: Can an African Root Help Solve the U.S. Opioid Crisis?
Overview of Ibeine Treatment - Ibeine, a powerful psychedelic, is presented as a potentially effective but radical alternative treatment for opioid addiction, capable of erasing years of addiction and withdrawal symptoms in a single session [1] - Despite its potential, ibeine remains illegal in the US due to safety concerns, although it is legally available in countries like Mexico and Brazil under varying regulations [2][4] - The medical subculture surrounding ibeine treatment is described as an uncontrolled experiment, existing largely outside mainstream medicine [3] Current Opioid Addiction Treatment Landscape - The standard treatment for opioid addiction in the US is opioid replacement therapy, which involves substituting illegal opioids with opioid medications to reduce withdrawal symptoms and cravings [5] - Current treatments, while effective in reducing harm, are not very effective at achieving complete opioid abstinence [5] - Medications like buprenorphine and methadone are considered the best legal treatment options for opioid addiction in the US [5] Ibeine Efficacy and Risks - Formal clinical trials of ibeine in the US have not been conducted, and the available evidence comes from small observational studies [6] - A 2017 study indicated that 30% of participants reported never using opioids again after ibeine treatment, while another study reported 75% of patients remained opioid-free for a year [6] - Ibeine treatment carries risks, especially without proper screening and medical supervision, making it inaccessible to most Americans addicted to opioids [2][7]
X @Bloomberg
Bloomberg· 2025-06-30 16:00
Regulatory Landscape - Colorado is formally reviewing ibogaine for potential legal availability as a treatment for substance use disorders and mental health conditions [1] - This review could position Colorado as the first to legalize the hallucinogen for treatment purposes [1]
This Deadly Drug Can Also Erase Addiction ‘Virtually Overnight’ | WSJ
Overview of Ibogaine Treatment - Ibogaine is presented as a radical alternative treatment for opioid addiction, distinct from standard approaches [1] - The treatment is illegal in the US due to potential risks, yet sought after by Americans in other countries [2] - Ibogaine is a psychoactive compound from the Tabernanthe iboga shrub, used traditionally in West African ceremonies [3][4] Efficacy and Research - Observational studies suggest ibogaine can interrupt opioid dependence, but it is not a cure [18] - A 2017 study indicated 30% of participants reported no opioid use after ibogaine treatment, while another reported 75% opioid-free for a year [18] - Formal clinical trials are lacking in the US, but Texas is allocating millions in state funds for ibogaine research [17][21] Treatment Process and Risks - Ibogaine treatment involves medically supervised sessions, including heart monitoring, and can induce intense visions and physical reactions [6][10][11] - The primary risk associated with ibogaine is cardiotoxicity and potential death, necessitating careful screening and medical supervision [19] - Treatment costs range from approximately $5,000 to $15,000, making it inaccessible for many [22] Alternative Treatments and Perspectives - Standard opioid addiction treatment in the US involves opioid replacement therapy, but some find it ineffective [14][15] - Experts emphasize that current legal treatments like buprenorphine and methadone remain the best options in the US [16] - Ibogaine is viewed as a "negative pattern interrupter" that can help individuals overcome heroin addiction rapidly [18]