Dr. Neilank Jha Appointed as Executive Chairman and Chief Executive Officer of Psycheceutical Bioscience Inc.

MIAMI, FL / ACCESSWIRE / December 12, 2023 / Psycheceutical Bioscience, Inc. ("Psycheceutical" or the "Company") (OTC PINK:BWVI), a bioscience company dedicated to developing cutting-edge technologies for the next generation of treatments for neurological diseases, is thrilled to announce the appointment of Dr. Neilank K. Jha as its new Executive Chairman and Chief Executive Officer.

Dr. Jha is recognized for his extensive experience and wealth of knowledge in medicine, research and development, mergers and acquisitions, and restructuring. Most importantly, he brings an innovative vision to help the Company as it seeks to pioneer advancements in the field of neuroscience and Brain-Computer Interface (BCI) technologies.

"I am thrilled to join such an innovative and dynamic company," said Dr. Jha. "Psycheceutical Bioscience's dedication to advancing neuroscience research and drug development is truly inspiring, and I am excited to work with the team towards developing novel treatments that can potentially change the lives of those suffering from neurological disorders."

Chad Harman, who has successfully led the Company as CEO, will be transitioning to the role of Chief Operating Officer, focusing on the critical operational aspects and strategic goals of the Company. Harman will also be taking on the title of President of the Company's wholly-owned subsidiary Psycheceutical, Inc., with a focus on developing novel technologies for the delivery of safe, effective and non-hallucinogenic psychedelic medicines for mental health treatments.

"We are absolutely delighted to welcome Dr. Jha to Psycheceutical Bioscience," said Harman. "I am confident that his rich medical background and optimistic entrepreneurial spirit makes Dr. Jha the ideal leader to accelerate our commitment to delivering groundbreaking treatments for neurological conditions to make a positive impact on the lives of millions of people worldwide."

Dr. Jha's multidisciplinary background makes him uniquely positioned to leverage Psycheceutical Bioscience's existing expertise in biotechnology and neuroscience and merge it with next-generation technology to expand into the BCI space. With this evolution, the Company will continue to focus on leading advancements in neuroscience and creating opportunities for groundbreaking research and development in BCI technologies.