Psychedelic Stocks Surge
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The president's facilitation of research and FDA review could help make psychedelics available to approved patients. But what about everyone else?
Surging interest in the purported benefits of psychedelic drugs has given rise to a new industry: psychedelic retreats.
Shares of several pharmaceutical companies were up after President Trump signed an executive order aimed at accelerating research, development access to psychedelic medicines for the treatment of mental illnesses.
Trump said on Saturday the directive would “dramatically accelerate” access to research and potential treatments.
Helus Pharma™ (Nasdaq: HELP) (Cboe CA: HELP), a clinical stage pharmaceutical company committed to helping minds heal by developing novel serotonergic agonists (“NSAs”), today welcomed the White House Executive Order aimed at accelerating research,
President Trump has signed an executive order to expand research into psychedelic drugs for mental health treatment. Dr. Marty Makary, commissioner of the Food and Drug Administration, joins CBS News to discuss.