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Optimi Health Corp (2)
Symbol OPTI
Shares Issued 5,725,867
Close 2026-10-26 C$ 4.40
Market Cap C$ 25,193,815
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Optimi Health sets up Australian distribution subsidiary

2026-10-26 18:11 ET - News Release

Mr. Dane Stevens reports

OPTIMI HEALTH ESTABLISHES OPTIMI AUSTRALIA PTY LTD AS DEDICATED DISTRIBUTION AND BUSINESS DEVELOPMENT ENTITY

Optimi Health Corp. has established Optimi Australia Pty. Ltd., a wholly owned subsidiary responsible for distribution and business development in Australia, and has appointed Adrian Jones as director of Australian operations.

Optimi Australia will handle the company's sales, distribution and prescriber relationships across the country. It will sell Optimi's finished drug products, five-milligram naturally derived psilocybin capsules, and 40 mg and 60 mg MDMA capsules, to clinics and pharmacies under Australia's Authorised Prescriber Scheme. All products are manufactured at the company's Health Canada-licensed GMP (good manufacturing practice) facility in Princeton, B.C.

Mr. Jones joins Optimi after more than 15 years at Bristol Myers Squibb, most recently as associate director, head of sales and marketing, for its Australian oncology and cardiovascular portfolios, where he led national commercial teams and served as launch lead for first-in-class therapies including Opdivo and Camzyos. His early career includes psychiatry roles with Eli Lilly and Hospira.

"Australia is our first commercial market and we believe demand from authorized prescribers there continues to grow," said Dane Stevens, chief executive officer of Optimi. "Optimi Australia puts our team on the ground, and in Adrian we have a leader with extensive experience launching new therapies in this market."

"My immediate focus is to understand the needs of the clinician and to help them deliver therapy as efficiently and effectively as possible," said Adrian Jones, director of Australian operations.

Authorized prescribers, clinics and pharmacies seeking product information or account setup can contact Adrian Jones at adrian@optimihealth.ca or visit the company's Australian website.

About Optimi Health Corp.

Optimi Health is a commercial-stage pharmaceutical company focused on developing, manufacturing and distributing GMP-grade psychedelic drug products for mental health therapies. As a Health Canada-licensed pharmaceutical manufacturer, Optimi produces validated MDMA and botanical psilocybin drug products at its GMP-compliant facility in British Columbia, Canada.

Optimi supplies both active pharmaceutical ingredients and finished dosage forms to regulated clinical and therapeutic programs internationally, with products currently prescribed to patients in Australia under the country's Authorised Prescriber Scheme and accessible in Canada through the Special Access Program. The company plans to advance a Health Canada-approved phase 2 clinical trial evaluating psilocybin-assisted therapy for major depressive disorder and a proposed Phase 3 clinical trial evaluating MDMA-assisted therapy for posttraumatic stress disorder.

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