Psychedelics 2.0: Companies Explore Safer, More Targeted Therapies
Portfolio Pulse from Juan Spínelli
Companies like Mindstate Design Labs and Atai Life Sciences are developing new forms of psychedelics, termed Psychedelics 2.0, to offer mental health benefits with fewer risks. These innovations aim to address the challenges of traditional psychedelics, such as side effects and intensive monitoring requirements. Enveric Biosciences is exploring non-hallucinogenic psychedelics, potentially offering antidepressant-like benefits without extensive clinical sessions.
October 04, 2024 | 7:39 pm
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Atai Life Sciences is developing safer psychedelic therapies, like R-MDMA, to reduce side effects and monitoring needs, addressing FDA concerns.
Atai Life Sciences is directly involved in developing new psychedelic therapies that aim to reduce side effects and monitoring requirements, which could positively impact their stock if successful. The FDA's concerns highlight the importance of these innovations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Enveric Biosciences is exploring non-hallucinogenic psychedelics, potentially offering antidepressant-like benefits without extensive clinical sessions.
Enveric Biosciences is working on non-hallucinogenic psychedelics, which could revolutionize mental health treatment by offering benefits without the need for intensive monitoring, potentially boosting their market position.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70