Psyence BioMed partner produces high-purity ibogaine extract

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Psyence BioMed’s Strategic Collaboration with PsyLabs Yields Breakthrough in High-Purity Ibogaine Production

July 31, 2025 7:30 AM EDT

NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (Psyence BioMed or the Company) is pleased to announce that its strategic partner, PsyLabs a leader in the production of purified psychedelic compounds has successfully produced a GMP-aligned Ibogaine Total Alkaloid extract. The high-purity extract met all microbial safety standards for food-grade consumption, as verified by an accredited third-party laboratory. In 2024, Psyence BioMed acquired an equity stake in PsyLabs and continued that investment in 2025. This achievement reflects the impact of Psyence BioMeds ongoing investment and collaboration, which continues to support PsyLabs development of... More