WASHINGTON — Yesterday, Representatives Lou Correa (CA-46) and General Jack Bergman (MI-01), Co-Chairs of the Congressional Psychedelic Advancing Therapies (PATH) Caucus, met with Department of Veterans Affairs (VA) Secretary Doug Collins to discuss psychedelic-assisted therapies research and access for veterans struggling with PTSD and other invisible wounds. Reps. Correa (Middle), Bergman (Right) Pose for Photo […]
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Market reaction to recent readouts from Compass Pathways and Beckley Psytech/atai in treatment-resistant depression speaks to the hurdles psychedelic therapies must clear to quell concerns about commercial viability. Over the past three weeks, psychedelics companies and investors have gotten their first look at two key readouts that could influence momentum in the space. Late last […]
Though UK-based pharmaceutical company Compass Pathways reached its primary endpoint from its June 23 Phase 3 trial to use synthetic psilocybin for treatment-resistant depression (TRD), investors were seemingly underwhelmed. That same day, shares plunged 46% to a record low of $2.35 a share for the biotech firm. But Kabir Nath, CEO of Compass, defends the […]
Marine Corps veteran Ryan Roberts participates in a mock therapy session in a psilocybin dosing room with assistant professor Amanda Tamman, who is supporting Baylor College of Medicine’s psilocybin study for veterans with PTSD at the Menninger Clinic in Houston. A new Texas law that will provide up to $50 million to study ibogaine reflects […]
Dr. Cameron Lacey has spent years studying how psychedelics might help treat depression and other mood disorders. Last week, he became the first and only psychiatrist in New Zealand allowed to prescribe psilocybin, the hallucinogenic found in “magic mushrooms.” The approval from New Zealand’s health ministry is the latest boost to a growing global movement […]
Then in August, the Food and Drug Administration rejected drugmaker Lykos Therapeutics’ application to offer ecstasy, alongside therapy, as a treatment for PTSD. FDA advisers worried the company’s researchers were more evangelists than scientists and determined that they’d failed to prove their regimen was either safe or effective. Republicans complained the loudest. “These technocrats think […]