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Synthetic Psilocybin Shows Strong Results in Treatment-Resistant Depression Trials

By

vinni2

3mo ago· 1 min readenNews

Summary

Compass Pathways, a British biotech company, announced strong results from two late-stage trials showing that a synthetic form of psilocybin (the active compound in magic mushrooms) can rapidly relieve symptoms in patients with treatment-resistant depression. The FDA is now reviewing the results, and if approved early next year, this would be the first psychedelic drug to become an approved medicine, validating years of biotech investment in psychedelic substances.

Key quotes

· 3 pulled
One of them may have hit the jackpot.
Compass Pathways, a British biotech, announced strong results in two late-stage trials showing that a synthetic form of psilocybin—the active compound in magic mushrooms—can rapidly relieve symptoms in patients with treatment-resistant depression (TRD).
If America's Food and Drug Administration (FDA) approves the drug, which could happen early next year, it would be the first psychedelic drug to become
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Regulators are now mulling the results of the late-stage trial

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