Jul 13, 2021 WeSana Health has entered into an agreement to acquire PsyTech in a CA$21,000,000 ($17M) – in All-Stock Transaction deal.

WeSana Health (CSE: WESA) is based in Homer Glen, Illinois, United States. “We’re on a mission to revolutionize the treatment of neurological health and performance through personalized medicine, including novel formulations, technology and psychedelics.” The company, founded by NHL Player Daniel Carcillo, is leading the development of psychedelics and other medicines for the treatment of traumatic brain injury.

Acquirer’s Website: www.wesanahealth.com

PsyTech is based in Chicago, Illinois, United States. “We believe that psychedelics have the potential to change the way we treat a wide array of mental health issues.” The company “Tovana Solutions,” clinical software-as-a-service (SaaS) platform, eases access to clinical protocols and tracks their efficacy by collecting data on both providers and patients, as well as real-time tracking, patient management and analysis.

Acquirer’s Website: psytechglobal.com