Psyence Biomedical (PBM) Stock Analysis
NASDAQHealthcareBiotechnology
What Psyence Biomedical does
Psyence Biomedical Ltd. is dedicated to advancing psychedelic medicines formulated from botanical psilocybin. The firm is actively exploring natural psilocybin as a potential therapy for adjustment disorder experienced by patients with an incurable cancer diagnosis undergoing palliative care. Its leading investigational drug, PEX010, a capsule made with naturally sourced psilocybin, is currently in a Phase IIb clinical study. This product is being developed to treat anxiety, depression, and associated conditions such as post-traumatic stress disorder (PTSD), stress, grief, and adjustment disorder, especially in a palliative care context. Psyence Biomedical has partnered with iNGENu Pty Ltd to conduct a Phase IIb clinical trial of PEX010, utilizing psilocybin-assisted psychotherapy for adjustment disorder arising from incurable cancer. Additionally, the company holds a strategic alliance with PsyLabs for the manufacturing of Ibogaine. Headquartered in Toronto, Canada, Psyence Biomedical Ltd. functions as a subsidiary of Psyence Group Inc.
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Frequently asked questions
- What is the ticker symbol for Psyence Biomedical?
- Psyence Biomedical trades under the ticker PBM on NASDAQ.
- Which exchange is PBM listed on?
- PBM is listed on NASDAQ.
- What sector does Psyence Biomedical operate in?
- Psyence Biomedical is classified in the Healthcare sector (Biotechnology industry).
- How can PortView help analyze PBM in a portfolio?
- PortView shows PBM's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.
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