Psyence BioMed Reports Phase IIb Trial Progress and Strengthened Cash Position

Reuters12-09

Psyence BioMed Reports Phase IIb Trial Progress and Strengthened Cash Position

Psyence Biomedical Ltd. announced a business update summarizing its achievements for 2025 and outlining its strategic vision for 2026. The company reported the recruitment and dosing of the first patients in a Phase IIb clinical trial evaluating psilocybin-assisted psychotherapy for the treatment of Adjustment Disorder in palliative care, with multiple patients dosed at several Australian sites. Psyence BioMed strengthened its manufacturing capabilities through a follow-on investment in PsyLabs, securing GMP-compliant psilocybin and ibogaine supply, and announced a breakthrough in high purity ibogaine production. The company ended 2025 debt-free, with over USD $9 million in cash reserves. Looking ahead to 2026, Psyence BioMed plans to accelerate clinical trial enrollment, expand its manufacturing footprint, pursue additional longevity-focused indications, and explore strategic partnerships.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Psyence Biomedical Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9598575) on December 09, 2025, and is solely responsible for the information contained therein.

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The company reported the recruitment and dosing of the first patients in a Phase IIb clinical trial evaluating psilocybin-assisted psychotherapy for the treatment of Adjustment Disorder in palliative care, with multiple patients dosed at several Australian sites. Psyence BioMed strengthened its manufacturing capabilities through a follow-on investment in PsyLabs, securing GMP-compliant psilocybin and ibogaine supply, and announced a breakthrough in high purity ibogaine production. The company ended 2025 debt-free, with over USD $9 million in cash reserves. Looking ahead to 2026, Psyence BioMed plans to accelerate clinical trial enrollment, expand its manufacturing footprint, pursue additional longevity-focused indications, and explore strategic partnerships.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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