Psyence Group Provides Corporate Update Following Successful Spac Spin Out of Therapeutic Division
Psyence Biomedical Ltd. (PBM)
Company Research
Source: GlobeNewswire
TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Further to the announcement by Psyence Group Inc ("Psyence Group" or the "Company") (CSE:PSYG) of the closing (the "Closing") of the business combination of its subsidiary, Psyence Biomedical Ltd ("PBM") (NASDAQ:PBM) with Newcourt Acquisition Corp ("Newcourt"), a special purpose acquisition company, (the "Business Combination" or "Spin-Out") and the subsequent listing of PBM on the NASDAQ stock exchange with the trading symbol "PBM", Psyence Group provides a corporate update. The Spin-Out Psyence Biomed II Corp. ("Psyence Biomed"), the therapeutics division of Psyence Group and target business of the Business Combination, is now a wholly-owned subsidiary of NASDAQ traded PBM. Psyence Biomed consists of the clinical trial business and the development of natural psilocybin products in the context of palliative care. It has partnered with iNGENu Pty Ltd ("iNGENu") to conduct Psyence Biomed’s clinical trial in palliative care. iNGENu is
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News
- Psyence Biomed Announces Phase IIb Clinical Trial Listing on the Australian New Zealand Clinical Trials Registry (ANZCTR)GlobeNewswire
- Psyence Group's NASDAQ Listed Associate, Psyence Biomedical Partners with Fluence and iNGENu CRO to Train Research Therapists for Phase IIb Psilocybin TrialGlobeNewswire
- Psyence Biomed Partners with Fluence and iNGENu CRO to Train Research Therapists for Phase IIb Psilocybin TrialGlobeNewswire
- Psyence Group Announces the Closing of the Previously Announced Strategic Restructuring of Its Non-Clinical BusinessGlobeNewswire
- Psyence Biomedical Welcomes Results of a Recent Study Highlighting Benefits of Nature Derived Psilocybin Vs. Synthetic PsilocybinGlobeNewswire