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Lead program: Preclinical
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1 domain / 2 areas / 1 specialization

Core One LabsCSE: COOL

Data updated

1 Drug Candidate

Canadian biotech developing biosynthetic psilocybin through its Vocan Biotechnologies subsidiary. Vocan's proprietary fermentation-based process produces pharmaceutical-grade psilocybin without mushroom cultivation. Signed a partnership with Cube Psytech for psychedelic drug development in December 2023.

Pipeline Intelligence

Developer Momentum

Programme tracker
Active candidates
1

All tracked candidates active

Active programmes
1

All tracked programmes active

Lead stage
Preclinical

Current furthest stage

Forecast coverage
1 of 1

1 active programme with forecast fields

Latest sourced update

Sourced update

Sep 20, 2025 - Regulatory filing - Canadian Securities Exchange - Vocan Biosynthetic Psilocybin / Vocan Biosynthetic Psilocybin Platform — DEFUNCT

Next known catalyst

No next milestone forecast yet.

3 sources0 pipeline-linked trials0 pipeline-linked papers

Development Programmes

1

Vocan Biosynthetic Psilocybin

Psilocybin
Preclinicalinactive

Mental health (psilocybin API supply) — programme abandoned

Programme Tracker

Major Depressive Disorder (MDD)

Primary: Canada (HC)
Pre-clinicalinactive

Company delisted from CSE September 2025; entire board resigned May 2025; programme abandoned

Milestones

preclinical-data

Cancelled

Why it matters: Core One Labs' Vocan platform used engineered yeast fermentation to produce pharmaceutical-grade psilocybin. The company never advanced beyond preclinical/platform stage.

Company milestone

Completed

Actual: Feb 1, 2024

Core One Labs enters default status with British Columbia Securities Commission (BCSC); BCSC prevented proposed equity financing critical to operations

Why it matters: Regulatory default blocked the company's ability to raise capital, effectively ending its pipeline ambitions. The BCSC action precipitated the company's collapse.

Company milestone

Completed

Actual: Aug 1, 2024

Core One Labs suspended from CSE trading (Bulletin 2024-0804)

Why it matters: Trading suspension followed the BCSC default, further isolating the company from capital markets.

Company milestone

Completed

Actual: May 1, 2025

Entire board of directors and executive management resign

Why it matters: Mass resignation signals complete abandonment of the company. No successor management was appointed.

Company milestone

Completed

Actual: Sep 19, 2025

Common shares delisted from CSE (Bulletin 2025-0920)

Why it matters: Final corporate death. Core One Labs held 4 provisional patents via Akome Biotech and 3 via Awakened Biosciences — IP status unknown post-delisting.

Recorded Events

Sep 19, 2025: Company milestone

May 1, 2025: Company milestone

Aug 1, 2024: Company milestone

Feb 1, 2024: Company milestone

Quick Facts

Type
Public Biotech
Ticker
CSE: COOL
Lead Stage
Preclinical
Website
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