…facing a holdup at the FDA in bringing its LSD program to more patients… didn’t dive into what issues the agency flagged before it made its decision. Not a whole lot is known about the New York biotech except that Barrow, formerly interim CEO and chief development officer, stepped into the full-time CEO role about…
The FDA’s move is the latest blow to the psychedelic industry’s attempts to use LSD and other compounds such as psilocybin for therapeutic purposes. Mind Medicine’s shares fell 10.4% to $1.46 before the bell. In November, shares of Compass Pathways (CMPS.O) fell roughly 16% due to safety concerns on its experimental drug COMP360, which uses…
…that’s just what Rick Doblin and Carol Rosin say they did – and they still believe introducing psychedelics into nuclear negotiations can produce positive results. Reached for comment about the impact of Doblin and Rosin’s covert action, author Michael Pollan said: “I think it’s highly unlikely Rick’s gift reached its intended recipient – surely someone…
Washington State Attorney General Bob Ferguson, who had objected to Purdue’s reorganization, also praised [Judge Colleen] McMahon’s decision. “There cannot be two forms of justice – one for ordinary Americans and a different one for billionaires,” Ferguson said. “I’m prepared to take this fight all the way to the Supreme Court, if necessary, to ensure…
Do the Sacklers bear responsibility for a crisis that helped make them billionaires but killed thousands of Americans? Yes. In a statement issued after the judge’s order, Connecticut Attorney General William Tong called it “a seismic victory for justice and accountability.” In a recent telephone interview, he called upon the Sackler family “to do the…
“We’re making graphene-like materials for a thousandth of the price – and we’re doing it with waste.” Tesla’s new million-mile battery is made from lithium-iron phosphate, which is supposed to last twice as long as conventional lithium-ion batteries. While more abundant and cheaper than lithium-ion, lithium-iron-phosphate still can’t compete with the apparently far-more-powerful (and renewable) hemp… Original…
U.S. District Judge Colleen McMahon in Manhattan found that a bankruptcy judge overstepped his authority by approving the plan that gave the Sacklers immunity in return for $4.5 billion for those harmed by Purdue… has overturned a bankruptcy settlement worth more than $4 billion which granted immunity from opioid lawsuits to members of the Sackler…
The committee of lawyers for the local governments suing the drug industry in federal courts called Tuesday’s verdict [11/23/21] “a milestone victory” and “overdue reckoning.” Not only were the drugs approved by the Food and Drug Administration (F.D.A.)… but the D.E.A. also set the annual limit on how many opioids could be produced in the…
“It’s time for psychedelic medicine to climb down from the ivory tower and into the community,” said Dr Belser. A recent survey… of adults in Oregon – the first state in the United States to legalize the therapeutic use of psilocybin mushrooms – found that on average, people would be willing to pay $100 for a psilocybin therapy…
The legalization campaign’s focus on vets as leading advocates is not without controversy. Carlos Plazola, co-founder of the advocacy group Decriminalize Nature, said he was disappointed by the movement’s overemphasis on the struggles of service members. He said a broader cross section of people of color should have their experiences heard. “We understand the value…
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