Psyence BioMed Achieves Milestone in Natural Ibogaine HCl Production and Strengthens Balance Sheet With No Debt and $12m Cash [Canadian Business Journal (Canada)]
Psyence Biomedical Ltd. - Ordinary Shares (PBM)
Company Research
Source: Canadian Business Journal
NEW YORK, Jan. 05, 2026 (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 a significant scientific and manufacturing achievement.Through its investment in PsyLabs, Psyence BioMed has become the first Nasdaq-listed company to produce GMP-compliant, high-purity ibogaine hydrochloride (Ibogaine HCl) derived from a naturally extracted, ethically sourced supply in Africa. Ibogaine HCl is the purified, stabilised, crystalline salt form of ibogaine used in clinical and therapeutic settings and represents the standard pharmaceutical format for this compound. Conversion to the hydrochloride salt improves stability, solubility, purity, and dosing precision, aligning the material with regulated medical, research, and pharmaceutical development requirements.“The successful production of GMP-compliant Ibogaine HCl represen
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News
- Psyence BioMed Announces Effective Date for 1-for-6.25 Reverse Stock SplitGlobeNewswire
- Psyence BioMed Approves 2026 Financial Strategy, Board Authorizes Share Buyback on Value OpportunityGlobeNewswire
- Psyence BioMed Achieves Milestone in Natural Ibogaine HCl Production and Strengthens Balance Sheet With No Debt and $12m CashGlobeNewswire
- Psyence BioMed Announces Approval for Use of PsyLabs' Psilocybin Product in Phase IIb Clinical Trial [Yahoo! Finance]Yahoo! Finance
- Psyence BioMed Announces Approval for Use of PsyLabs’ Psilocybin Product in Phase IIb Clinical Trial [Canadian Business Journal (Canada)]Canadian Business Journal
PBM
Sec Filings
- 1/14/26 - Form 6-K
- 1/13/26 - Form SCHEDULE
- 1/13/26 - Form 6-K
- PBM's page on the SEC website