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Psyence BioMed's Texas subsidiary, TIRC, has signed a binding term sheet with PsyLabs granting exclusive U.S. rights to develop, supply, and distribute PsyLabs' pharmaceutical-grade ibogaine. The agreement includes an exclusive license, supply, and distribution arrangement, with TIRC paying up to $1.3 million in milestones, an annual exclusivity fee, and royalties. PsyLabs retains rights outside the U.S. The term sheet is subject to a definitive ...
09-28 11:00
Transactions include an investment of up to US$5 million in PsyLabs and an approximately US$9 million value-matched share exchange Highlights The Company is actively advancing plans for a potential ibogaine clinical trial in Texas for Opioid Use Disorder (OUD). Texas Ibogaine Research Corporation (T...
09-23 19:02
Psyence BioMed has agreed to invest up to $5 million in PsyLabs and exchange shares worth approximately $9 million each to support the development of a U.S. ibogaine program for Opioid Use Disorder. A subsidiary, TIRC, has been established in Texas to coordinate regulatory and clinical activities. The investment and share exchange aim to align the companies' resources for clinical research and manufacturing.
09-23 11:00
Psyence Biomedical Ltd. has established Texas Ibogaine Research Corporation (TIRC) to coordinate U.S. ibogaine development, supply, and clinical activities. TIRC will hold U.S. rights to pharmaceutical-grade ibogaine developed by PsyLabs, with plans to engage in regulatory and clinical development. Jody Aufrichtig leads TIRC, aiming to advance research and development for U.S. patients.
09-14 11:00
Psyence BioMed Ltd. welcomed President Trump's announcement supporting the accelerated development of ibogaine as a potential medical treatment in the U.S. The company, which specializes in nature-derived psychedelic compounds, holds a significant stake in PsyLabs, a GMP-compliant manufacturer of ibogaine hydrochloride. Psyence BioMed is positioned to contribute to the regulated clinical development of ibogaine, aligning with the federal governme...
08-18 21:23
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LaCorium AcquisitionThe Company today is also announcing a definitive agreement to acquire LaCorium Health ("LaCorium"), for approximately $150 million in cash. The transaction, subject to customary conditions, is
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