Massachusetts General Hospital to Study How Psychedelics Influence the Brain

Massachusetts General Hospital is partnering with Atai Life Sciences to study the effects of psychedelics on the human brain.

Atai Life Sciences is a biotech firm focused on developing medications to manage schizophrenia while also working on creating alternative treatments for various mental health conditions such as anxiety and depression.

The two organizations decided to work together after the hospital set up a program, named the Center for Neuroscience of Psychedelics, to study psychedelic therapy. A psychiatric at the hospital, Jerrold Rosenbaum is the head of the program and has specialized in the treatment of psychiatric disorders. Rosenbaum stated that there was a need to better comprehend the effects that psychedelics had on the human brain.

Rosenbaum revealed that he became interested in the psychedelic therapy field after a friend began studying the subject, which prompted Rosenbaum to reevaluate his perceptions on psychedelic substances. His friend is now serving as the director of the Center for Neuroscience of Psychedelics advisory council.

Rosenbaum explained that in the beginning he perceived hallucinogens as recreational drugs that had been banned from being studied for many years. However, as he begun to learn more about the substances, he realized that psychedelics presented an opportunity that had yet to be developed.

The Center for Neuroscience of Psychedelics is currently focused on neuroplasticity, which refers to the ability of the cells in the brain to alter themselves. Recent research has demonstrated that psychedelics enhance this activity in the brain, which may change how depression influences the brain.

Atai’s chief scientific officer Srinivas Rao explained that psychedelic therapy would help boost the effects of psychedelic substances by making use of the neuroplastic state.  Atai and Massachusetts General are not revealing the particular substances that will be tested in the lab or on animals; neither are they disclosing the financial terms of their partnerships. However, Stephen Haggarty, who is the hospital’s researcher co-leading the collaboration, stated that it would involve psychedelics that were not similar to psilocybin, describing them as the next generation of psychedelics. Additionally, Haggarty stated that the molecule showed a lot of potential based on reports of the molecule in human beings.

Earlier in November, Atai Life Sciences had announced that it had raised more than $125 million in financing, which would be used to support the testing and development of psychiatric treatments. This brought the company’s total funding to roughly $250 million.

Atai Life Sciences was established in 2018 by Compass Pathways as a way for the organization to raise funds.

Atai isn’t the only company looking to develop psychedelic medicines. Cybin Inc. (NEO: CYBN) (OTC: CLXPF) is also intent on developing psychedelic medicines, especially given the encouraging preliminary research results showing the potential of these substances in treating mental illnesses.

NOTE TO INVESTORS: The latest news and updates relating to Cybin Inc. (NEO: CYBN) (OTC: CLXPF) are available in the company’s newsroom at https://ibn.fm/CYBN

About PsychedelicNewsWire

PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.

To receive instant SMS alerts, text “Groovy” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.PsychedelicNewsWire.com

Please see full terms of use and disclaimers on the PsychedelicNewsWire website applicable to all content provided by PNW, wherever published or re-published: https://www.PsychedelicNewsWire.com/Disclaimer

Do you have questions or are you interested in working with PNW? Ask our Editor

PsychedelicNewsWire (PNW)
San Francisco, California
www.PsychedelicNewsWire.com
415.949.5050 Office
Editor@PsychedelicWire.com

PsychedelicNewsWire is part of the InvestorBrandNetwork.

Archives

Select A Month

PsychedelicNewsWire Currently Accepts

Bitcoin

Bitcoin

Bitcoin Cash

Bitcoin Cash

Ethereum

Ethereum

Litecoin

Litecoin

USD Coin

USD Coin

Contact us: 415.949.5050