Psyence BioMed Invests in PsyLabs to Establish Ibogaine Operations in Africa

Reuters
Nov 12
Psyence BioMed Invests in PsyLabs to Establish Ibogaine Operations in Africa

Psyence BioMed, a biopharmaceutical company focused on nature-derived psilocybin and ibogaine therapies, has made a strategic equity investment in PsyLabs. Through this investment, Psyence BioMed becomes the only publicly listed psychedelics company with active operations and manufacturing capabilities based in Africa, the original source of ibogaine. The partnership strengthens Psyence BioMed's supply chain and positions the company to deliver sustainable, ethical, and science-driven psychedelic therapies to a global market. Shareholders are expected to benefit from early access to pipeline products, intellectual property development, and secure supply channels as demand for psychedelic APIs grows worldwide.

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: GNW9573651-en) on November 12, 2025, and is solely responsible for the information contained therein.

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