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FROM THE NEWS FEED

Psyence Biomedical’s Texas subsidiary has signed a binding term sheet giving it exclusive US rights to supply and distribute PsyLabs’ pharmaceutical-grade ibogaine.

2026-09-28 • Blossom Pulse

Article summary

Texas Ibogaine Research Corporation will receive exclusive US rights to PsyLabs’ ibogaine know-how, supply and wholesale distribution, while PsyLabs retains rights elsewhere. The arrangement includes up to approximately US$1.3 million in development and regulatory milestones, royalties and margin sharing, subject to a definitive agreement by 30 November 2026.

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