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-0.0981963927855713 -0.0527722110888445 -0.118236472945892 -0.131596526386106 -0.0995323981295925 -0.131596526386106 -0.0674682698730795 -0.123580494321977
Stock impact report

Psyence Group's NASDAQ-Listed Associate, Psyence Biomedical, Announces Initiation of First Trial Site in Australia for its Phase IIb Study of Nature Derived Psilocybin as a Potential Treat...

Psyence Biomedical Ltd. - Ordinary Shares (PBM) 
Company Research Source: GlobeNewswire
NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Psyence Group Inc ("Psyence Group") (CSE: PSYG), a life science biotechnology company pioneering the use of nature-derived psilocybin in mental health and wellbeing, is pleased to announce that its NASDAQ-listed associate, Psyence Biomedical Ltd (NASDAQ: PBM) ("PBM" or "Psyence Biomed"), has successfully completed the first site initiation visit at the first Australian clinical trial site for PBM’s Phase IIb study of nature derived (non-synthetic) psilocybin as a potential treatment for Adjustment Disorder in the Palliative Care context. According to a news release issued by Psyence Biomed on Monday, September 9, 2024, it has entered into partnerships with Fluence, a global leader in professional education and training for psychedelic therapy research, and iNGENu CRO Pty Ltd (“iNGENu”), an Australian clinical research organization (CRO), to support the study as reported in July as well as the successful export of the drug product, PE Show less Read more
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