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Universal Ibogaine Inc IBOGF


Primary Symbol: V.IBO

Universal Ibogaine Inc. is a Canada-based life sciences company. The Company is transforming addiction treatment using medicalized ibogaine through a planned Canadian clinical trial focused on opioid use disorders. The Company is engaged in developing a holistic addiction treatment protocol at its Kelburn Recovery Center (located near Winnipeg, Manitoba), which paired with the planned ibogaine detox protocol, is intended to treat addiction and improve the lives of individuals and families affected by addiction. Ibogaine is a naturally occurring molecule derived from the root bark of the iboga tree and other plants. It is a potent and serious medical psychedelic which has addiction interrupting properties. Ibogaine targets multiple receptors across multiple sites in the brain and metabolizes into noribogaine, a serotonin re-uptake inhibitor that remains in the body for 1-4 months, associated with elimination of addictive cravings.


TSXV:IBO - Post by User

Post by Oldschool2022on Sep 21, 2022 9:51pm
148 Views
Post# 34978039

Up 12% today on 15 million shares- this news after the bell!

Up 12% today on 15 million shares- this news after the bell!

 

Universal Ibogaine to reopen Kelburn clinic Oct. 17

 

2022-09-21 20:17 ET - News Release

 

Dr. Ian Rabb reports

UNIVERSAL IBOGAINE ANNOUNCES KELBURN REOPENING DATE

Universal Ibogaine Inc.'s research and development clinic, the Kelburn Mental Health and Addiction Recovery Centre, is scheduled to reopen and commence business operations on Oct. 17, 2022.

Dr. Ian Rabb, Universal Ibogaine chief clinics officer, stated: "Progress is going remarkably well on the renovations and program development, we have key hires in place, and we are excited to open and start helping people again. We are looking at about 50 per cent of our expanded occupancy when we open the doors again in October as of today. We have a large referral network for clients, and the situation with the addiction and opioid crisis is still only getting worse by the day so we will likely be full pretty quickly. We are also quite pleased with the progress we are making on the ibogaine clinical trial process. We will be the first legal ibogaine clinic in Canada. This could be the turning point in the opioid crisis."

About Universal Ibogaine Inc.

Universal Ibogaine is a life sciences company, with a mission to transform addiction treatment using medicalized ibogaine through a planned Canadian clinical trial focused on opioid use disorder and ultimately to utilize that protocol globally through planned future licensing agreements. 

Universal Ibogaine is concurrently developing a state-of-the-art holistic addiction treatment protocol at its Kelburn Recovery Centre that, when paired with the planned ibogaine detox protocol, is intended to revolutionize the way addiction is treated, and drastically improve the lives of individuals and families affected by addiction.

We seek Safe Harbor.

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