Company News: ๐—”๐—ฑ๐˜ƒ๐—ฎ๐—ป๐—ฐ๐—ถ๐—ป๐—ด ๐—œ๐—ฏ๐—ผ๐—ด๐—ฎ๐—ถ๐—ป๐—ฒ ๐——๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—บ๐—ฒ๐—ป๐˜? ๐—ฌ๐—ผ๐˜‚ ๐— ๐—ฎ๐˜† ๐—•๐—ฒ ๐—ข๐˜ƒ๐—ฒ๐—ฟ๐—น๐—ผ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐—ฎ $50๐—  ๐—ข๐—ฝ๐—ฝ๐—ผ๐—ฟ๐˜๐˜‚๐—ป๐—ถ๐˜๐˜†

If your company is developing ibogaine or ibogaine analogs for clinical use, thereโ€™s a rare public-private opportunity in Texas you should be leveraging.

The Texas Legislature has allocated $50 million to support FDA-regulated ibogaine R&D, with a focus on partnerships involving Texas-based CDMOs and research organizations. The funding structure offers 1:1 matched support for qualified programs, but access depends on your ability to execute within the state.

At Benuvia, we are a GMP-certified, DEA Schedule I licensed CDMO located in Round Rock, Texas, with active quotas for ibogaine and four additional psychedelic compounds. We recently secured a federal NIH contract to manufacture psilocybin, reinforcing our capabilities in highly regulated Schedule I development.

Based on publicly available information, Benuvia is uniquely positioned in Texas as the primary GMP CDMO with DEA Schedule I authorization for psychedelics, a critical requirement for developers looking to align with the stateโ€™s ibogaine funding initiative.

๐—ช๐—ฒโ€™๐—ฟ๐—ฒ ๐—ฎ๐—น๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐˜† ๐˜„๐—ผ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด ๐˜„๐—ถ๐˜๐—ต ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜†-๐˜€๐˜๐—ฎ๐—ด๐—ฒ ๐—ฑ๐—ฒ๐˜ƒ๐—ฒ๐—น๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜€ ๐˜๐—ผ:

โ€ข Enable GMP ibogaine manufacturing (API and drug product)
โ€ข Provide CMC and regulatory support toward IND or clinical trials
โ€ข Align projects with Texasโ€™s public-private co-investment structure

If youโ€™re evaluating options to accelerate ibogaine development, with both funding and execution in mind, weโ€™d welcome a conversation.
Connect with us directly to explore a partnership with Benuvia.