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We exist to help bridge the gap between the exciting world of psychedelic medicine and the companies being built around it.
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Breaking: $PBM agrees to invest up to $5 million in PsyLabs, including $2.4 million committed, plus a roughly $9 million share swap to support a potential Texas trial of ibogaine for opioid use disorder.
Breaking: $ENVB receives its third U.S. patent allowance for EVM401, covering non-hallucinogenic mescaline-derived drug candidates for potential PTSD and other mental health treatments.
Breaking: $DFTX receives FDA Breakthrough Therapy designation for DT120 in major depression after a positive Phase 3 trial showed durable improvement through Week 12.
Breaking: $DFTX receives FDA Breakthrough Therapy designation for DT120 in major depression after a positive Phase 3 trial showed durable improvement through Week 12.
Breaking: $HELP completes enrollment in its Phase 3 HLP003 depression trial with topline data expected in Q4, while Q1 net loss widens to $47.8 million and cash stands at $166.4 million.
Breaking: $CMPS partners with the U.S. Department of Veterans Affairs on a five-site trial of COMP360 psilocybin for veterans with treatment-resistant depression, including those with PTSD.
Eli Lilly has entered into a new deal to acquire AtaiBeckley for up to $3.5 billion in the drugmaker’s first ever psychedelic drug discovery acquisition.
$ATAI$LLY@C_Angermayerthenew.money/article/eli-lil…
Definium Therapeutics has just completed a massive new capital raise.
And they are aiming to use it to bring their most advanced psychedelic derived drug into commercialization.
$DFTXthenew.money/article/definiu…
Breaking: $CMND completes treatment of all 24 participants across four cohorts in Part A of its FDA-regulated Phase I/II CMND-100 trial for alcohol use disorder and will review the data before advancing to the next stage.
Breaking: $OPTH completes its first export of naturally derived psilocybin to the United Kingdom, supplying biomass and finished 5mg capsules for a planned Phase 2 clinical trial under Health Canada and UK Home Office authorization.
Breaking: $ATAI launches a Patient Impact Grant Program awarding three $20,000 grants to mental health non-profits focused on community support, education, stigma reduction and independent research.
Breaking: $CMPS reports Q1 2026 results with cash and cash equivalents of ~$216M, providing runway into 2027 as it advances late-stage COMP360 psilocybin trials toward potential commercialization for treatment-resistant depression.
Psychedelic medicines are getting a big boost of support from the White House.
And it might be just the beginning of reshaping the future of psychedelic drugs in America.
thenew.money/article/theres-…