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Psyence BioMed CEO Letter Highlights Clinical Progress, Ethical Sourcing of Ibogaine, Strong Cash Position and Expanding Leadership in Longevity Science
Globenewswire· 2025-12-09 12:00
Core Insights - Psyence Biomedical Ltd. is positioned as a leader in nature-derived psychedelic therapies, focusing on psilocybin and ibogaine for mental health needs, and has outlined its strategic vision for 2026 in its year-end letter [1][2] Clinical Progress - The company has initiated a Phase IIb clinical trial for psilocybin-assisted psychotherapy targeting Adjustment Disorder in palliative care, with multiple patients dosed across Australian clinical sites [3] - Psyence BioMed ended the year with over USD $9 million in cash reserves and is debt-free, indicating strong financial health [3] Manufacturing and Supply Chain - A multi-million-dollar investment in PsyLabs has enhanced the company's vertical integration, ensuring a GMP-compliant supply of psilocybin and ibogaine for current and future programs [4] - The company achieved a breakthrough in high purity ibogaine production, reinforcing its manufacturing capabilities [4] Regulatory Environment - The Australian Therapeutic Goods Administration's public consultation on psilocybin-assisted therapy for existential distress is a significant regulatory development that aligns with the company's clinical trial efforts [5] Longevity Science Focus - Psyence BioMed is uniquely positioned as the only publicly listed psychedelics company investing in longevity science, emphasizing the emotional and neurobiological aspects of aging [6] 2026 Strategic Outlook - The company plans to accelerate enrollment in its Phase IIb clinical trial, expand its manufacturing footprint, and explore additional longevity-focused indications and strategic partnerships throughout 2026 [6]
Psyence BioMed Announces Groundbreaking Psilocybin Longevity Research Program
Globenewswire· 2025-11-25 12:00
Core Insights - Psyence Biomedical Ltd. is the first publicly listed company to investigate the potential impact of psilocybin on longevity, collaborating with researchers in South Africa [1][6] - The initiative aims to explore psilocybin's effects on biological markers associated with aging, which could redefine human longevity and transform aging [1][6] Industry Context - Longevity science is gaining global attention due to aging populations and rising healthcare costs, with public figures like Bryan Johnson promoting psychedelic therapies for longevity [2][6] - Scientific literature supports the intersection of psychedelics and aging biology, with preclinical research indicating that psilocin can extend survival in aged mouse models and increase the lifespan of human cells by over 50% [2] Research Initiative - Psyence BioMed is developing a preclinical protocol to evaluate psilocybin's influence on biological mechanisms related to aging, focusing on biomarkers of cellular stress, inflammation, and mitochondrial function [3] - The research will be led by Dr. Tanya Calvey, a recognized neuroscientist specializing in neuropsychopharmacology, to rigorously investigate the effects of psilocybin on aging [4][5] Strategic Positioning - The initiative complements Psyence BioMed's existing clinical programs, including psilocybin-assisted therapy trials for palliative care patients, advancing the company's mission to explore the therapeutic potential of psilocybin and ibogaine [7] - The company is positioned at the forefront of a new therapeutic arena, with significant interest in understanding how psilocybin may influence biological aging [6]
Psyence BioMed Reaches Major Breakthrough in Pharmaceutical-Grade Ibogaine Supply for Worldwide Clinical and Therapeutic Markets
Globenewswire· 2025-11-20 12:00
Core Viewpoint - Psyence Biomedical Ltd. has established a sustainable supply of high-potency iboga bark through its partnership with PsyLabs, which is crucial for the clinical development of ibogaine for substance use disorders [1][2][4] Group 1: Supply Chain and Product Development - The collaboration with PsyLabs ensures a long-term supply of GMP-compliant ibogaine, with the first 50 kg received and being processed into pharmaceutical-grade ibogaine HCL and Total Alkaloid Extracts [2][3] - The company is committed to ethical sourcing and sustainability, ensuring that ibogaine and related alkaloids are derived from Tabernanthe iboga and Voacanga africana while respecting cultural traditions and benefiting source communities [3][4] Group 2: Strategic Positioning and Market Leadership - The establishment of a reliable and ethically sourced supply chain positions Psyence BioMed as a leader in the emerging ibogaine sector, enhancing its competitive advantage as international interest in ibogaine grows [4] - The company aims to set a new standard for ethical psychedelic production, emphasizing partnerships with traditional knowledge holders rather than treating them merely as suppliers [4][6] Group 3: Company Overview - Psyence Biomedical Ltd. is a vertically integrated biopharmaceutical company focused on developing nature-derived psilocybin and ibogaine-based psychedelic medicine, addressing unmet mental health needs [6] - The company is the first life sciences biotechnology firm specializing in psychedelic therapeutics to be listed on Nasdaq, reflecting its commitment to an evidence-based approach in developing safe and effective treatments [6]
Psyence BioMed Establishes Ibogaine Operations in Africa Through Strategic Investment in PsyLabs
Globenewswire· 2025-11-12 12:00
Core Viewpoint - Psyence BioMed is positioned as the only publicly listed psychedelics company with active operations and manufacturing capabilities in Africa, enhancing its access to ibogaine, a compound derived from the Tabernanthe iboga shrub, which is crucial for developing therapies for mental health needs [1][2]. Company Overview - Psyence BioMed focuses on nature-derived psilocybin and ibogaine therapies to address unmet mental health needs, particularly in palliative care [10]. - The company has established a strategic investment in PsyLabs, which operates a GMP-compliant facility in Southern Africa, producing highly purified psychedelic compounds [3][9]. Strategic Positioning - By operating at the source of ibogaine, Psyence BioMed can ensure sustainable and responsible access to this compound, allowing for quality control from cultivation to finished product [2][3]. - The vertical integration of Psyence BioMed's operations strengthens supply security and scalability, positioning the company favorably within the psychedelics sector [3][8]. Market Trends - There is a global surge in interest and research surrounding ibogaine as a potential treatment for addiction and mental health disorders, with significant findings indicating its effectiveness in reducing PTSD symptoms among veterans [4][5]. - The State of Texas has allocated $50 million for clinical research on ibogaine, aiming to develop FDA-approved treatments for opioid use disorder, which reflects growing governmental support for psychedelic medicine [5]. Industry Developments - Major pharmaceutical companies, such as AbbVie, are increasingly investing in psychedelic compounds, highlighting the clinical potential of ibogaine and its analogs [6][7]. - Psyence BioMed is actively engaged in developing next-generation analogs of ibogaine, aligning with the industry's shift towards innovative therapeutic solutions [6][8]. Supply Chain and Compliance - PsyLabs is federally licensed to cultivate and export various psychedelic compounds, ensuring compliance with safety and traceability standards [9][10]. - The company's operations are supported by an ISO 22000-certified facility, emphasizing its commitment to high safety standards and regulatory compliance [10].
Psyence BioMed Doses Multiple Patients and Expands Clinical Sites in Phase IIb Study for Adjustment Disorder in Palliative Care
Globenewswire· 2025-11-06 12:00
Core Insights - Psyence Biomedical Ltd. has achieved a significant clinical milestone by successfully dosing multiple patients in its Phase IIb clinical trial for nature-derived psilocybin as a treatment for Adjustment Disorder in palliative care [1][2][5] Company Overview - Psyence Biomedical Ltd. is a biopharmaceutical company focused on developing nature-derived psilocybin and ibogaine therapies for unmet mental health needs, particularly in palliative care [7] - The company is recognized as a global leader in late-stage psychedelic drug development and is the first life sciences biotechnology company specializing in this area to be listed on Nasdaq [2][7] Clinical Trial Details - The Phase IIb study is designed to meet regulatory expectations and includes a larger sample size, rigorous randomization, and a multi-site structure to enhance data reliability and generalizability [3][5] - The trial aims to enroll 87 patients across Australia, with participants receiving either 10 mg or 25 mg of psilocybin or a low-dose comparator of 1 mg, alongside structured psychotherapy [5] - The study will assess the efficacy, safety, and durability of response to psilocybin as a potential first-in-class treatment for Adjustment Disorder in palliative care settings [5][6] Operational Readiness - Patients have been dosed at two active clinical sites in Australia, with plans to expand to a third site to accelerate data collection, with topline results expected by the end of 2026 [4][6] - The operational readiness and recruitment efficiency of the company have been highlighted as key strengths in executing the trial [4][6]
Psyence BioMed Strengthens Strategic Partnership with PsyLabs Through USD $3,500,000 Follow-On Investment
Globenewswire· 2025-11-03 12:00
Core Insights - Psyence Biomedical Ltd. has made a follow-on investment of USD 3,500,000 in PsyLabs, enhancing its supply chain for psychedelic compounds [1][2] - This investment follows a previous investment of USD 500,000 in April 2025, indicating a strong commitment to securing high-quality, GMP-grade psychedelic ingredients [2][3] - The CEO of Psyence BioMed emphasized the strategic importance of this investment in building a fully integrated company focused on sustainable and scalable production [3] Company Overview - Psyence Biomedical Ltd. is a biopharmaceutical company specializing in nature-derived psilocybin and ibogaine therapies aimed at addressing unmet mental health needs [7] - It is the first life sciences biotechnology company focused on developing non-synthetic psychedelic medicine to be listed on Nasdaq [7] - The company aims to create safe, effective, and FDA-approved treatments for a range of mental health disorders [7] Partnership and Production - PsyLabs is recognized as a leading producer of purified psychedelic active pharmaceutical ingredients (APIs) and is federally licensed to cultivate and export various psychedelic compounds [9] - The partnership between Psyence BioMed and PsyLabs is strengthened through this investment, positioning Psyence as a leader in the emerging psychedelic therapeutics sector [5] - PsyLabs operates a state-of-the-art facility in Southern Africa, utilizing the region's botanical heritage under strict ethical and sustainable practices [4][10] Strategic Goals - The investment aims to secure a reliable supply of premium psychedelic compounds for Psyence BioMed's clinical research programs, ensuring long-term value for investors [2][3] - The company is focused on building a responsible global supply chain, which is crucial for advancing its clinical pipeline and commercial opportunities [3][5]
X @Bloomberg
Bloomberg· 2025-07-02 10:05
Psychedelic Medicine - Psychedelic medicine 行业关注 psilocybin(一种迷幻蘑菇中的活性成分)的潜力,这得益于最近的一项研究 [1] - Ibogaine(一种从非洲灌木 Iboga 中提取的物质)也被 Psychedelic medicine 行业关注,因为各州正在努力批准相关药物 [1]