10:31:58 EDT Thu 18 Apr 2024
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Numinus Wellness Inc
Symbol NUMI
Shares Issued 203,782,229
Close 2022-01-26 C$ 0.60
Market Cap C$ 122,269,337
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Numinus research unit receives psilocybin licence

2022-01-27 11:18 ET - News Release

Mr. Payton Nyquvest reports

NUMINUS IDENTIFIED AS A LICENSED PSILOCYBIN SUPPLIER BY HEALTH CANADA

Numinus Wellness Inc.'s 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 health care 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 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 health care providers and other groups to ensure people in need receive efficacious treatments," said Sharan Sidhu, science officer and general manager, Numinus Bioscience.

At this time, Numinus Bioscience is prepared to supply psilocybin in whole mushroom form, through three packaged doses equivalent to 10, 15 and 25 milligrams 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. 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 licence 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 research and development of ketamine, LSD and MDMA.

"Numinus is glad to see Health Canada committing to broadened mental health care access, starting with those in most need," said Payton Nyquvest, chief executive officer and founder, 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."

About Numinus Wellness Inc.

Numinus Wellness helps people to heal and be well through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Numinus model, including psychedelic production, research and clinic care, is at the forefront of a transformation aimed at healing rather than managing symptoms for depression, anxiety, trauma, pain and substance use. Numinus is leading the integration of psychedelic-assisted therapies into mainstream clinical practice and building the foundation for a healthier society.

We seek Safe Harbor.

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