Psyence BioMed begins dosing patients in phase IIb psilocybin trial

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Psyence BioMed Initiates Patient Dosing in Phase IIb Trial Evaluating NPX-5 for Adjustment Disorder

April 23, 2026 7:00 AM EDT

NEW YORK, April 23, 2026 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (Psyence BioMed or the Company), a clinical-stage biopharmaceutical company developing nature-derived psychedelic therapeutics, today announced that the first patient has been dosed in its Phase IIb clinical trial evaluating NPX-5 (25mg of nature-derived psilocybin) for the treatment of Adjustment Disorder in patients with cancer in a palliative care setting.

The initiation of dosing represents the first active clinical evaluation of NPX-5 at scale and marks the Companys transition into systematic human data generation across its Australian clinical network.

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