Bringing psychedelics into the drug development fold

Psychedelics have gone mainstream. Criminalization and decades of stigma have given way to high expectations for the therapeutic power of psychedelics in an array of mental health contexts.

But even as a large swath of society has done a U-turn in its opinion of psychedelics, investor sentiment has cooled in recent years, as first-generation psychedelic therapies revealed the manifold difficulties of the business model needed to commercialize them. ...