Psyence Biomedical Ltd. engages in the development of botanical psilocybin-based psychedelic medicines. It also evaluates natural psilocybin for the treatment of adjustment disorder in patients with an incurable cancer diagnosis in a palliative care context. The company’s lead product candidate is PEX010, which is in Phase IIb clinical study, a capsule containing naturally sourced psilocybin for treatment of anxiety and depression, including associated ailments, such as post-traumatic stress disorder, stress, grief, and adjustment disorder in the context of palliative care. It has a partnership with iNGENu Pty Ltd to conduct a Phase IIb clinical trial of PEX010 in psilocybin-assisted psychotherapy for the treatment of AjD due to incurable cancer. The company is based in Toronto, Canada. Psyence Biomedical Ltd. operates as a subsidiary of Psyence Group Inc.
Metrics to compare | PBM | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipPBMPeersSector | |
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P/E Ratio | −0.1x | −2.1x | −0.5x | |
PEG Ratio | 0.00 | −0.03 | 0.00 | |
Price/Book | −2.1x | 1.2x | 2.6x | |
Price / LTM Sales | - | 4.8x | 2.9x | |
Upside (Analyst Target) | - | 397.9% | 45.8% | |
Fair Value Upside | Unlock | 7.5% | 8.6% | Unlock |