Psychedelic Therapies Show Promise in Treating Depression

TL;DR Summary
A drug related to the psychedelic DMT, BPL-003, shows promising results in treating difficult depression, boosting biotech stocks and indicating a potential shift in FDA attitudes towards psychedelic medicines for mental health conditions.
- A Promising Depression Drug Works. Psychedelics Are Back. Barron's
- Beckley and atai Leadership Unpack Phase 2b Data, Take Aim at GH’s Dosing Model Psychedelic Alpha
- Psychedelic nasal spray shows promise against depression Financial Times
- Psychedelic therapy shows promise in mid-stage study in treatment-resistant depression STAT
- Atai and Beckley, set to merge, reveal study success for psychedelic drug BioPharma Dive
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