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Psyence Biomed on track to begin recruitment this quarter, and to announce Adjustment Disorder topline data in the second half of 2025. NEW YORK, Oct. 24, 2024  -- Psyence Biomedical Ltd.   today announced the recruitment of Perth, Australia-based Empax Center as the second trial site for Psyence’s Biomed ongoing Phase IIb clinical trial of nature-derived psilocybin as a potential treatment for Adjustment Disorder in Palliative Care.“Having Empax Center as our second clinical trial site adds a cutting-edge facility specializing in mental health treatments, including psychedelic-assisted therapies, and also helps position us to enroll this important study as quickly and efficiently as possible,” stated Dr. Clive Ward-Able, Medical Director of Psyence Biomed. “We look forward to initiating patient treatments soon and working towards topline data in the second half of 2025 ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/NTgIdxqiLMziWZlqTH9KVQ--~B/aD04NTt3PTIwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/globenewswire.com/2b362d1b510647247b266a9002bacf8d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/NTgIdxqiLMziWZlqTH9KVQ--~B/aD04NTt3PTIwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/globenewswire.com/2b362d1b510647247b266a9002bacf8d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/psyence-biomed-announces-recruitment-second-110000341.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PBMWW","PBM"],"gpt_icon":0},{"id":"2477507374","title":"Inside CVS and Walgreens’ downturn: How misguided M&A damaged America’s drugstores","url":"https://stock-news.laohu8.com/highlight/detail?id=2477507374","media":"Fortune","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477507374?lang=en_us&edition=fundamental","pubTime":"2024-10-24 16:00","pubTimestamp":1729756800,"startTime":"0","endTime":"0","summary":"Last week, CVS Health CEO Karen Lynch was pushed out of a role that had made her the most powerful woman in American business for years, atop a company with 2023 revenue of $358 billion.The company's poor financial performance last quarter and weak profit forecast proved to be the last straw for the CVS board. It had tired of her inability to successfully bring together the different business components of a company that, through a slew of expensive M&A deals, had become a Frankenstein.Let’s take CVS. Its transformation from the Chain Value Store drugstore chain founded in 1963 to the sixth-largest company on the Fortune 500 began in earnest in 2007, when it bought pharmacy benefits manager Caremark for $21 billion. While that deal proved beneficial to CVS, notably by helping to build a larger mail-order pharmacy and making it a big player in the booming pharmacy benefit manager  market, later deals were too costly and made CVS too unwieldy to manage effectively. In 2018, CVS paid $68 ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/kZxMohhgoc8zen2t_rm7Cg--~B/aD0xMzgzO3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/d83eb13fac36e745a30f66d974b274cd","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kZxMohhgoc8zen2t_rm7Cg--~B/aD0xMzgzO3c9MjA0ODthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/fortune_175/d83eb13fac36e745a30f66d974b274cd"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/inside-cvs-walgreens-downturn-misguided-080000102.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["IE00BSNM7G36.USD","LU0211331839.USD","BK4196","BK4139","LU0162691827.USD","LU0072461881.USD","LU0320765489.SGD","WBA","LU1571399168.USD","IE00BZ1G4Q59.USD","BK4550","BK4588","LU0061475181.USD","BK4585","BK4504","LU0006061336.USD","LU0208291251.USD","IE00BKVL7J92.USD","BK4581","LU1059921491.USD","CVS","LU0070302665.USD","LU1699723380.USD","PBM"],"gpt_icon":0},{"id":"2477956294","title":"Psyence Biomedical Plans Key Shareholder Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2477956294","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2477956294?lang=en_us&edition=fundamental","pubTime":"2024-10-24 04:29","pubTimestamp":1729715341,"startTime":"0","endTime":"0","summary":"Psyence Biomedical (PBM) has released an update. Psyence Biomedical Ltd. has announced an upcoming annual and special meeting of shareholders on No...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/psyence-biomedical-plans-key-shareholder-meeting?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/psyence-biomedical-plans-key-shareholder-meeting?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PBM","BK4139"],"gpt_icon":0},{"id":"2476583280","title":"CVS Stock Plummets as It Replaces CEO","url":"https://stock-news.laohu8.com/highlight/detail?id=2476583280","media":"Investopedia","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476583280?lang=en_us&edition=fundamental","pubTime":"2024-10-18 19:08","pubTimestamp":1729249730,"startTime":"0","endTime":"0","summary":"Shares of CVS Health fell sharply Friday morning following the announcement that it is replacing CEO Karen Lynch.Company veteran David Joyner is taking over the top job effective immediately, CVS announced Friday.The pharmacy and healthcare company also gave lower-than-expected profit projections for the third quarter. CVS is scheduled to report earnings next month.CVS Health  stock tumbled 10% Friday morning after the pharmacy and healthcare giant announced the replacement of Chief Executive Officer  Karen Lynch with David Joyner, a longtime company veteran who most recently ran Caremark, its pharmacy benefit manager .Joyner is taking the top job effective immediately, CVS said, as the company has weathered a difficult year of sales at its namesake pharmacies and problems with its bets on Medicare coverage that have led it to lower its full-year outlook several times already.Newly appointed executive chairman Roger Farah said the board believes it was \"the right time to make a change,","market":"us","thumbnail":"https://www.investopedia.com/thmb/B4hgR-CA7usWaGhe-Tpu4OR8R3I=/4000x2668/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2175298419-4758552f10e74fa788e017c1c163d46d.jpg","type":0,"news_type":0,"thumbnails":["https://www.investopedia.com/thmb/B4hgR-CA7usWaGhe-Tpu4OR8R3I=/4000x2668/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-2175298419-4758552f10e74fa788e017c1c163d46d.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.investopedia.com/cvs-stock-plummets-as-it-replaces-ceo-8730261","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"investopedia_highlight","symbols":["LU1059921491.USD","CEO","BK4585","CVS","BK4588","LU0162691827.USD","IE00BSNM7G36.USD","CVS.AU","LU0070302665.USD","LU0072461881.USD","LU0006061336.USD","IE00BKVL7J92.USD","BK4550","LU1699723380.USD","LU0211331839.USD","BK4196","PBM","BK4504","LU0320765489.SGD","BK4581","LU0208291251.USD","IE00BZ1G4Q59.USD","LU1571399168.USD","LU0061475181.USD","BK4139"],"gpt_icon":0},{"id":"2476808141","title":"BRIEF-Psyence Biomedical Says Confident That PsyLabs Is On Track To Produce GMP Certified, Nature-Derived Psychedelic APIs","url":"https://stock-news.laohu8.com/highlight/detail?id=2476808141","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2476808141?lang=en_us&edition=fundamental","pubTime":"2024-10-17 19:26","pubTimestamp":1729164385,"startTime":"0","endTime":"0","summary":"Oct 17  - Psyence Biomedical Ltd   :   * PSYENCE BIOMED PROVIDES PROGRESS UPDATE ON PSYLABS E.U. GOOD MANUFACTURING PRACTICES  CERTIFIED ACTIVE PHARMACEUTICAL INGREDIENT  DEVELOPMENT   * PSYENCE BIOMEDICAL LTD:  CONFIDENT IS ON TRACK TO PRODUCE GMP CERTIFIED, NATURE-DERIVED PSYCHEDELIC APISSource text for Eikon:    Further company coverage:    ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1861219969.SGD","LU1854104046.USD","BK4503","LU1861214812.USD","BK4141","LU1861215975.USD","BK4551","BK4588","BK4023","LU0348723411.USD","BK4585","LU0724618433.USD","LU1978683503.SGD","LU1861220033.SGD","LU1548497426.USD","ON","BK4535","LU1720051017.SGD","PBM","LU2360107325.USD","LU1854103824.USD","IE00BZ199S13.USD","LU2357305700.SGD","IE00BD6J9T35.USD","LU1720051108.HKD","BK4512","BK4139","LU0124384867.USD","LU2298322129.HKD"],"gpt_icon":1},{"id":"2476514581","title":"Psyence Biomed Provides Progress Update on Psylabs E.u. 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In September 2024, Psyence Biomed entered into a worldwide, exclusive royalty-bearing IP licensing agreement with PsyLabs for pharmaceutical-grade, EU GMP certified, nature-derived psilocybin to be evaluated in future clinical trials as a potential treatment for Alcohol Use Disorder  and other Substance Use Disorders , and for commercial supply, if approved.Following the successful export of its psilocybin extract to its CDMO in the UK, PsyLabs has now entered phase two of its development process. The CDMO has commenced work on upscaling the purification process to validate its commercial viability, ensuring that the extraction methodology developed by PsyLabs can be ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PBM","AUD","BK4023","BK6100","BK6520","NQmain","BK4551","CDMO","PRGS","BK4097","BK4125","BK4139","LU2065732104.USD","BK4535","BK4503","OTX.SI"],"gpt_icon":1},{"id":"2475739565","title":"BRIEF-Psyence Group Enters Into Debt-For-Equity Swap Agreement With Its Nasdaq-Listed Associate, Psyence Biomedical","url":"https://stock-news.laohu8.com/highlight/detail?id=2475739565","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2475739565?lang=en_us&edition=fundamental","pubTime":"2024-10-14 22:51","pubTimestamp":1728917468,"startTime":"0","endTime":"0","summary":"Oct 14 (Reuters) - PSYENCE GROUP INC:    * PSYENCE GROUP ENTERS INTO DEBT-FOR-EQUITY SWAP AGREEMENT WITH ITS NASDAQ-LISTED ASSOCIATE, PSYENCE BIOMEDICAL   * PSYENCE GROUP INC - PSYENCE BIOMED TO ISSUE 2.8 MILLION SHARES AT $0.50 EACH((Reuters.Briefs@thomsonreuters.com))","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4588","BK4215","TQQQ","BK4585","PSQ","IE00B64PRP62.GBP",".IXIC","IE00B3QW5Z07.USD","QID","LU2210150020.SGD","NDAQ","IE00BKPKM429.USD","PBM","LU2095319765.USD","LU2210149790.SGD","NQmain","QLD","SQQQ","MNQmain","IE00BGHQF748.EUR","BK4112","BK4139","EQR"],"gpt_icon":0},{"id":"2475714393","title":"Psyence Group Inc - Psyence Biomed to Issue 2.8 Mln Shares at $0.50 Each","url":"https://stock-news.laohu8.com/highlight/detail?id=2475714393","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2475714393?lang=en_us&edition=fundamental","pubTime":"2024-10-14 22:43","pubTimestamp":1728916988,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241014:nTUA40XM59:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4139","PBM"],"gpt_icon":0},{"id":"2475393734","title":"Psyence Group Enters Into Debt-for-Equity Swap Agreement With Its Nasdaq-Listed Associate, Psyence Biomedical","url":"https://stock-news.laohu8.com/highlight/detail?id=2475393734","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2475393734?lang=en_us&edition=fundamental","pubTime":"2024-10-14 22:43","pubTimestamp":1728916988,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241014:nTUA40XM59:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["PBM","BK4139"],"gpt_icon":0},{"id":"2475695423","title":"Is Elevance Health (ELV) a Top Healthcare Stock to Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2475695423","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2475695423?lang=en_us&edition=fundamental","pubTime":"2024-10-14 20:27","pubTimestamp":1728908879,"startTime":"0","endTime":"0","summary":"We recently published a list of 7 Most Profitable Cheap Stocks To Invest In. In this article, we are going to take a look at where Elevance Health  stands against the other most profitable cheap stocks to invest in.To compile our list of the 7 most profitable cheap stocks to invest in, we used the Finviz and Yahoo stock screeners to compile an initial list of the 40 largest companies by market cap that are trading at a forward P/E ratio of under 20 as of October 7. From that list, we narrowed our choices to 7 stocks with positive TTM net income and 5-year net income growth informed by reputable sources, including SeekingAlpha, which provided insights into 5-year growth rates, and Macrotrends, which supplied information on trailing twelve-month  net income. 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