Fundz

Cybin To Acquire Small Pharma Inc.

PUBLIC · HELPAug 28, 2023

Acquiring Company

Helus Pharma

Acquired Company

Small Pharma

TorontoOtherManufacturingBiotechnologyHealth CarePharmaceuticalBiotechnologyHealth CareTherapeuticsPharmaceuticalBiopharma

Description

Cybin Inc. (NYSE American:CYBN) (NEO:CYBN) (“Cybin”), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, and Small Pharma Inc. (TSXV:DMT) (OTCQB:DMTTF) (“Small Pharma”), a U.K.-based biotechnology company focused on short-duration psychedelic therapies for mental health conditions, today announced that they have entered into a definitive arrangement agreement (the “Agreement”) pursuant to which Cybin will acquire all of Small Pharma’s issued and outstanding securities in an all-share transaction pursuant to a plan of arrangement (the “Transaction”).

Quick answer

Helus Pharma is acquiring Small Pharma, announced August 28, 2023. Helus Pharma is based in Toronto, Ontario, Canada.

How much did Helus Pharma pay for Small Pharma?
The deal value was not disclosed.
What does Helus Pharma do?
Helus Pharma is a mental health-focused biopharmaceutical company developing small-molecule Novel Serotonergic Agonists (NSAs) to improve treatment options.
Where are Helus Pharma and Small Pharma based?
Helus Pharma is based in Toronto, Ontario, Canada.
Who are the decision-makers at Helus Pharma?
Fundz holds 4 contacts at Helus Pharma. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Helus Pharma

Location

Toronto, Ontario, Canada

About

Helus Pharma is a mental health-focused biopharmaceutical company developing small-molecule Novel Serotonergic Agonists (NSAs) to improve treatment options. The company is advancing patient-centered innovation through clinical excellence to deliver meaningful and durable outcomes that support long-term healing.

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Frequently asked

Who acquired Small Pharma?

Small Pharma was acquired by Helus Pharma, based in Toronto. The deal was reported on August 28, 2023. Helus Pharma is a mental health-focused biopharmaceutical company developing small-molecule Novel Serotonergic Agonists (NSAs) to improve treatment options. Helus Pharma is publicly traded (HELP) and operates in Other.

When did Helus Pharma acquire Small Pharma?

Helus Pharma's acquisition of Small Pharma was reported on August 28, 2023. Cybin Inc. (NYSE American:CYBN) (NEO:CYBN) (“Cybin”), a clinical-stage biopharmaceutical company committed to revolutionizing mental healthcare by developing new and innovative psychedelic-based treatment options, and Small Pharma Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Small Pharma do?

Small Pharma is a biotechnology company progressing a pipeline of short-duration psychedelic-assisted therapies for the treatment of mental health conditions. Small Pharma has a portfolio of clinical-stage DMT-based assets, SPL026 and SPL028. It is privately held, operating in Biotechnology.

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