Psyence Appoints Intellectual Property Expert to Its Board of Directors

TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Psyence Group Inc. (CSE: PSYG | OTCQB: PSYGF) (“Psyence” or the “Company”) is pleased to announce the appointment of Christopher Bull to the board of directors of the Company effective immediately.

Mr. Bull is a qualified chemical engineer, attorney, patent attorney and Certified Licensing Professional. Over his 30-year career Mr. Bull has been an investor, director, founder, and advisor to a range of successful companies in Europe and North America with novel technologies in the fields of pharmaceuticals, biotechnology, food sciences, chemical processing, and extraction technologies. He is recognized for his skills in relation to the development and execution of venture capital investment, patent and intellectual property strategies for high-technology companies and has received a number of international awards in recognition hereof.

“I am excited to join the board as Psyence commences its first clinical trial in the field of palliative care, says Christopher Bull. “The company is incredibly well positioned to carve out a strong commercial and patent position in extraction, formulation and treatment regimes for pharmaceutical grade psilocybin and psilocin products.”

Commenting on his appointment Dr. Neil Maresky, Chief Executive Officer Psyence Group says; “we are fortunate to attract Christopher to the board, his expertise in venture capital and intellectual property will be critical as we continue with our strategy to develop standardized pharmaceutical grade psilocybin and psilocin products for research, clinical trials, and drug development.

ABOUT PSYENCE GROUP: www.psyence.com

Psyence is a life science biotechnology company listed on the Canadian Securities Exchange (CSE: PSYG) and quoted on the OTCQB (OTCQB: PSYGF), with a focus on natural psychedelics. Psyence works with natural psilocybin products for the healing of psychological trauma and its mental health consequences in the context of palliative care. Our name “Psyence” combines the words psychedelic and science to affirm our commitment to producing psychedelic medicines developed through evidence-based research.

Informed by nature and guided by science, we built and operate one of the world’s first federally licensed commercial psilocybin mushroom cultivation and production facilities in Southern Africa. Our team brings international experience in both business and science and includes experts in mycology, neurology, palliative care, and drug development.  We work to develop advanced natural psilocybin products for clinical research and development.