03:01:06 EDT Wed 22 Apr 2026
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Red Light Holland Corp
Symbol TRIP
Shares Issued 410,852,552
Close 2026-04-21 C$ 0.035
Market Cap C$ 14,379,839
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Red Light notes psychedelic policy shift for Kala Bio

2026-04-21 16:33 ET - News Release

Mr. Avi Minkowitz of Kala Bio reports

KALA BIO CELEBRATES TRUMP EXECUTIVE ORDER AS GAME-CHANGER FOR PSYCHEDELIC MEDICINE

Red Light Holland Corp. has noted Kala Bio Inc. has celebrated the landmark executive order signed by U.S. President Donald J. Trump on April 18, 2026. The order directs the Food and Drug Administration to prioritize the review of psychedelic compounds, instructs the DEA to reduce research restrictions, establishes expanded patient access pathways under the Right to Try Act and allocates $50-million in federal funding to accelerate psychedelic therapy research, representing the most sweeping shift in U.S. federal psychedelic policy in decades.

The executive order arrives at a pivotal moment, and Kala is uniquely and strategically positioned to capitalize on this seismic policy shift. Kala congratulates its client, Red Light, on this transformative federal policy shift. With expanded patient access pathways, reduced DEA research restrictions and national priority review signals from the FDA, Red Light's psychedelic drug development programs are positioned to advance with materially stronger regulatory and commercial momentum and to deliver on the full clinical and therapeutic promise of its portfolio within a supportive federal framework. Kala is proud that Red Light's development strategy is supported by Kala's proprietary Researgency.ai agentic artificial intelligence platform, licensed worldwide from Younet AI.

As disclosed on March 18, 2026, Red Light engaged Kala's Researgency.ai agentic AI platform, licensed worldwide from Younet AI, to support its clinical development strategy, including clinical planning, protocol optimization and scenario modelling. Today's policy announcement reinforces Researgency.ai's commercial relevance to the psychedelic drug development sector and underscores Kala's position as the dedicated AI infrastructure partner for the broader biotechnology industry.

"President Trump's executive order is the clearest signal yet that psychedelic medicine is moving from underresearched science to mainstream health care, and Kala is already embedded to capitalize on this revolution. We are thrilled to have Red Light Holland as one of our Researgency.ai clients, and today's policy shift materially strengthens the outlook for their programs. As psychedelic medicine moves toward multisession, dose-optimized protocols under a supportive federal framework, clinical development becomes materially more complex, with more variables, more patient subgroups and more decision points. Researgency.ai delivers compounding value by providing secure, on-premises agentic AI applied to proprietary biological and clinical data. We congratulate Red Light on this transformative moment for the industry and look forward to expanding our role as the dedicated AI infrastructure partner for the psychedelic and broader biotech industries," said Avi Minkowitz, chief executive officer of Kala Bio.

About Kala Bio Inc.

Kala Bio is a clinical-stage biopharmaceutical company building a dedicated, on-premises AI infrastructure platform for the biotechnology industry. The company's dual strategy combines a proprietary biologics pipeline -- including its mesenchymal stem cell secretome platform and FDA orphan drug and fast track designated product candidates -- with a scalable AI platform-as-a-service business designed to deploy secure, purpose-built AI solutions directly within biotech and pharmaceutical client environments.

Through its exclusive worldwide licence for the Researgency AI research platform from Younet, Kala intends to serve as the dedicated AI infrastructure partner for the biotechnology industry, enabling organizations of all sizes to unlock the value of their proprietary biological data without surrendering control. Kala is advancing an agentic transformation strategy for biomedical organizations through Researgency.ai, a platform designed to enable scalable, governed deployment of AI agents across research, documentation and operational workflows. The company's focus on enterprise security, real-time performance and seamless integration positions it at the forefront of innovation in the life science AI sector.

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