Psychedelics Industry Sees Huge Interest from Pharmaceutical Sector Players
Various companies and experts are hailing psychedelics such as MDMA, LSD and psilocybin, as well as mind-altering substances such as ketamine, as the next revolutionary treatment for a number of mental health conditions. The surge in the popularity of psychedelic substances started almost a decade ago, with different research groups at the University of Zurich, Imperial College London, New York University, Johns Hopkins University and the University of California discovering the rapid and lasting effects of using psychedelics, including psilocybin, to treat small groups of individuals with existential distress and treatment-resistant depression. The results from these studies broke the model…