Psyence BioMed unit signs ibogaine license term sheet with PsyLabs

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Psyence BioMed Announces Exclusive U.S. Ibogaine Licence for Texas Ibogaine Research Corporation

September 28, 2026 7:00 AM EDT

Binding term sheet with PsyLabs provides Psyence BioMeds Texas subsidiary with exclusive U.S. development, supply and distribution rights to PsyLabs pharmaceutical-grade ibogaine, subject to a definitive agreement

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Psyence Biomedical Ltd. (Nasdaq: PBM) (Psyence BioMed or the Company) today announced that its wholly-owned Texas subsidiary, Texas Ibogaine Research Corporation (TIRC), has entered into a binding term sheet with Psyence Labs Ltd. (PsyLabs) under which PsyLabs will grant TIRC an exclusive license, supply and wholesale distribution arrangement for PsyLabs pharmaceutical-grade ibogaine in the United States.... More