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Psyence Biomedical Ltd. Invests in Psyence Labs Ltd. to Enhance Strategic Relationship and Supply Chain Capabilities
Psyence Biomedical Ltd. has announced an equity investment in its subsidiary, Psyence Labs Ltd., through a share-for-share exchange, valuing PsyLabs at US$5 million. This strategic move, which involves Psyence BioMed issuing approximately 1.15 million common shares, will result in PsyLabs owning about 49.98% of Psyence BioMed, strengthening their partnership and securing supply of psychedelic compounds. The transaction is set to close around February 25, 2026, and aims to enhance Psyence BioMed’s long-term supply strategy for its clinical and commercialization programs.