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Psyence
Canada Flag
Country
Country
Canada
Address
Address
200 Bay Street, Toronto, ON, M5J2J1
Telephone
Telephone
+1-416-477-1708

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PEX010 (psilocybin) reacts agonistically with serotonin (5-hydroxytryptamine) type 2A (5-HT2A) receptors to produce a “mystical-like” hallucinatory effect due to induced frontal hyper-frontality, which is investigated for the treatment of adjustment disorders.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 17, 2024

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Psilocybin reacts agonistically with serotonin (5-hydroxytryptamine) type 2A (5-HT2A) receptors to produce a “mystical-like” hallucinatory effect due to induced frontal hyper-frontality, which is investigated for the treatment of adjustment disorders.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: Undisclosed

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 06, 2024

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The net proceeds will be used to advance the Company's recently announced Phase IIb clinical trial in Australia using PEX010, a natural psilocybin drug candidate, for the healing of psychological trauma and its mental health consequences in the context of palliative care.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Undisclosed

Deal Size: $3.2 million Upfront Cash: Undisclosed

Deal Type: Private Placement August 21, 2023

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The net proceeds from the non-brokered private placement will be used to advance the Company's recently announced Phase IIb clinical trial in Australia using a natural PEX010 (psilocybin) in the palliative care setting and drug development.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Undisclosed

Deal Size: $0.8 million Upfront Cash: Undisclosed

Deal Type: Private Placement April 03, 2023

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The proceeds from will help to fund the design and conduct of Psyence’s Phase IIb clinical trial using a natural psilocybin drug candidate PEX010, in the palliative care setting.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Cantheon Capital

Deal Size: $1.3 million Upfront Cash: Undisclosed

Deal Type: Private Placement March 23, 2023

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Under the partnership, iNGENū will be responsible for jointly designing Psyence’s Phase IIb clinical trial, using a natural psilocybin drug candidate PEX010, in the palliative care setting.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Recipient: Ingenu

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Partnership March 21, 2023

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The resources are expected to provide the Combined Company with the capital to advance natural psilocybin (PEX010) into a Phase IIb clinical study to be conducted under an approved protocol in Australia


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Newcourt Acquisition Corp

Deal Size: Undisclosed Upfront Cash: Undisclosed

Deal Type: Merger January 09, 2023

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The agreement grants Psyence the worldwide right to commercialize Filament’s natural psilocybin drug candidate, PEX010 (psilocybin), within the context of palliative care.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: PEX010

Highest Development Status: Phase IIProduct Type: Small molecule

Recipient: Filament Health

Deal Size: $3.0 million Upfront Cash: Undisclosed

Deal Type: Licensing Agreement December 15, 2022

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Details:

Psyence works with natural psilocybin products for the healing of psychological trauma and its mental health consequences in the context of palliative care.


Lead Product(s): Psilocybine

Therapeutic Area: Psychiatry/Psychology Product Name: Undisclosed

Highest Development Status: UndisclosedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Brandon Kerzner

Deal Size: $2.1 million Upfront Cash: Undisclosed

Deal Type: Private Placement December 14, 2022

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The clinical trial will assess the efficacy and safety of psilocybin-assisted psychotherapy versus psychotherapy alone for the treatment of adjustment disorder due to an incurable cancer diagnosis. Psilocybin reduce patients’ stress and anxiety.


Lead Product(s): Psilocybin-assisted Psychotherapy

Therapeutic Area: Psychiatry/Psychology Product Name: Undisclosed

Highest Development Status: Phase IProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 19, 2022

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