Shares if ibogaine-related biotech companies are trading higher after President Trump said in a social media post that the University of Miami shared its 1994 ibogaine Investigational New Drug Application with the government, which will help accelerate development as a medical treatment in the U.S.

Psyence Biomedical Completes Investment in PsyLabs Following Milestone Achievement

Psyence Biomedical Ltd. has finalized a $2,599,896 investment in Psyence Labs Ltd. after achieving key regulatory and manufacturing milestones for its ibogaine program.

Psyence Biomedical Completes Its Additional Investment In PsyLabs Of $2,599,896

Psyence Biomedical Ltd. (NASDAQ:PBM) ("Psyence BioMed" or the "Company") today announced that both milestones attached to its backstop subscription commitment in Psyence Labs Ltd. ("PsyLabs")

Psyence Biomedical Signs Manufacturing Services Agreement With DEA-Registered Benuvia For Planned U.S. Manufacture Of Pharmaceutical-Grade Ibogaine Active Pharmaceutical Ingredient

Benuvia operates an 83,000-square-foot, DEA-registered controlled-substance manufacturing facility in Round Rock, Texas, with capabilities spanning development through commercial-scale productionPartnership is intended

Psyence Biomedical Unit TIRC Signs Binding Term Sheet With Psyence Labs For An Exclusive License, Supply And Wholesale Distribution Arrangement For Psylabs’ Pharmaceutical-Grade Ibogaine In The U.S.

The term sheet is binding on the parties and is to be superseded by a definitive agreement, which the parties have agreed to conclude on or before November 30, 2026; if a definitive agreement is not signed by that date,

12 Health Care Stocks Moving In Wednesday's Pre-Market Session

Gainers Tenon Medical (NASDAQ:TNON) stock rose 122.5% to $12.13 during Wednesday's pre-market session. The market value of their outstanding shares is at $3.6 million. As per the news, the Q2 earnings report came

President Trump Say In A Social Media Post That The University Of Miami Shared Its 1994 Ibogaine Investigational New Drug Application With The Government, Which Will Help Accelerate Development As A Medical Treatment In The U.S.