Psychedelics News August 2020

News about psychedelics hasn’t slowed down a bit during August. Everyone was delighted by the news that MAPS raised the $30 million they need to get MDMA-assisted psychotherapy through Phase III of FDA trials. Within a span of 6 months, they were able to raise this money from both large (from both aisles) and small donors (2700 in total).

Accessibility of psychedelics also saw two major steps forward happen. Usona Institute (a non-profit) found a way to make psilocybin at scale, and will make that knowledge public. In Canada four patients got access to end-of-life anxiety therapy with psilocybin. Many theorize that this may open a door for greater access both for this specific group and the wider population. Seeing the numerous positive articles written about it, the public perception is changing for the better.

Psychedelics companies announced multiple clinical trials. The most interesting being a study that combines LSD and MDMA, by MindMed and Liechti Labs. Other companies announced various products from orally dissolvable films for the administration of psilocybin (Revive) to an app to use during your next trip (Field Trip).

Do also see our Psychedelics Research August 2020 blog.

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