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Emyria Ltd ( (AU:EMD) ) has issued an update.
Emyria Limited is expanding its Perth clinic to meet the growing demand for PTSD treatments, supported by a landmark agreement with Medibank Private Ltd. This expansion marks the first time psychedelic-assisted care is covered by private health insurance in Australia, validating Emyria’s clinical protocols and providing a scalable reimbursement pathway. The company is also preparing for its first interstate expansion in Brisbane, partnering with Avive Health to establish a national network of clinics. This strategic move positions Emyria as a first-mover in an emerging sector, with the potential to support predictable, recurring revenues and strengthen its partnerships with insurers, hospitals, and regulators.
More about Emyria Ltd
Emyria Limited is a leader in developing and delivering innovative mental health treatments, focusing on scalable, capital-light expansion strategies. The company is known for its Empax platform, which provides evidence-backed, insurer-funded mental health care, and aims to become Australia’s leading provider in this sector.
Average Trading Volume: 3,239,557
Technical Sentiment Signal: Hold
Current Market Cap: A$27.52M
For a thorough assessment of EMD stock, go to TipRanks’ Stock Analysis page.