$PBM

PSYENCE BIOMEDICAL LTD.

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

Psyence BioMed announced the dosing of the first patient in its Phase IIb clinical trial for NPX-5, a nature-derived psilocybin candidate, to treat Adjustment Disorder in cancer patients in palliative care. This marks the initial large-scale clinical evaluation of NPX-5 across an expanded Australian site network, aiming to assess its safety and therapeutic potential. The study expects to generate data on clinical response, safety, tolerability, and treatment durability to inform future development strategies.