Numinus Bioscience said that it is prepared to supply psilocybin in whole mushroom form, through three packaged doses equivalent to 10, 15, and 25mg of psilocybin
Numinus Wellness Inc. (TSX-V:NUMI, OTC:LKYSF) said that its research facility– Numinus Bioscience– has been included on Health Canada’s list of federally licensed psilocybin producers.
This list is available by request to those seeking access to psilocybin through the Special Access Program (SAP), and clinical researchers.
The SAP is a federal program that allows healthcare professionals to apply for access to non-marketed medications that have not yet been approved for sale, when such medications show clinical evidence of safety and efficacy and are intended to treat patients with a severe or life-threatening illness.
Earlier this month, Health Canada added certain psychedelic compounds to the SAP that were previously available only through clinical trials.
“Through our inclusion, we look forward to collaborating with healthcare providers and other groups to ensure people in need receive efficacious treatments,” said Sharan Sidhu, general manager, Numinus Bioscience.
At this time, Numinus Bioscience said that it is prepared to supply psilocybin in whole mushroom form, through three packaged doses equivalent to 10, 15, and 25mg of psilocybin. These doses are produced under Good Agricultural and Collection Practices and tested for potency and impurities to support patient safety and practitioner confidence.
“Numinus is glad to see Health Canada committing to broadened mental healthcare access, starting with those in most need,” said Payton Nyquvest, CEO of Numinus. “As clinical evidence grows, we look forward to making more treatments available and further advancing the development of psychedelic therapies and mental health innovations.”
With sufficient clinical data, Numinus may also make available other products that are currently being developed in its IP pipeline, should those meet the standards identified by Health Canada. With its Dealer’s License and research facility, Numinus Bioscience is permitted to conduct several activities in addition to the production of psilocybin, including assembly, sale, export, analytical testing, and R&D of ketamine, LSD, and MDMA.
OTCQX trading
The company also announced that it will commence trading on the OTCQX Best Market in the US under the symbol ‘NUMIF’.
“Graduating to the OTCQX is a first step towards further accessing US-based investors,” said Nyquvest. “As we grow our network of Numinus Health wellness clinics to include locations in the US– and build a stronger brand presence in this important market –we will also look to establish an even greater profile with the U.S. investment community.”
The company noted that trading on the OTCQX will provide greater visibility and accessibility of Numinus in the US.
