Here to Serve Holding Corp. Acquires 15% Ownership in Kaiyon Biotech Inc., a Psilocybin Biotech Company
Here to Serve Holding Corp. (HTSC), a holding company that searches for undervalued assets, acquired a 15% non-dilutive stake in Kaiyon Biotech Inc. through its subsidiary, ICF Industries. Kaiyon Biotech Inc. is a South Korea based company that received approval from the Korean Food and Drug Administration (KFDA) to study the positive effects of psilocybin. President of ICF Industries says the doctors at Kaiyon are “early recipients” of the KFDA approval and believes that they are “amongst the best in the world”.