Psyence Biomedical Ltd. (PBM) To Invest Up To $5M In PsyLabs, Execute ~$9M Share Exchange
Psyence Biomedical Ltd. agreed to invest up to $5M in PsyLabs and a reciprocal ~$9M share-for-share exchange to support a planned U.S. ibogaine program in Texas, subject to approvals and conditions.Material DetailsContext by AI AnalystPBM is early-stage, moving to secure manufacturing and a U.S. st…