…law on plants and fungi… better path to reregulation
To recoup the tens-to-hundreds of millions of dollars invested in securing FDA approval and related patents, and then the expense of thereafter marketing their wares for a profit, the corporate owners of these future FDA-approved psychedelics are not acting out of principled charity or for the goodwill of all humankind. They are going to make their money, either in the pricing of the medicine or in the coupling of it to clinical services.
This not a rant against pharmaceutical companies, capitalism, or therapeutic services. It’s far from such, and each plays a necessary and vital role in this story. Without pharmaceutical company efforts, there would be no story. This is simply an observation that plant and fungi medicines are nothing more than unrefined nature, metaphorically and literally as cheap as dirt. With simplicity of that sort as competition, pharmaceutical companies are going to have a tough time keeping the genie in their “bottle of exclusivity.” This is not the circumstance where a retort of, “If you don’t like our prices, try to manufacture your own ibuprofen” ends the conversation. With psychoactive plants, if you do not like industrial prices, you can easily forage or home grow for pennies or free.
Original Article (Psychedelics Today):
Uniform model law on plants and fungi medicines: a better path to reregulation
Artwork Fair Use: Jeetendra23