Jun. 27 at 8:24 PM
$HELP GREAT NEWS: Psychedelic Treatments Are on The Verge of FDA Approval. Why Texas is Pushing For Them...
Psychedelic treatments are moving closer to federal approval, with the U.S. Food and Drug Administration taking steps to fast-track several compounds under review.
The agency recently said three companies will receive National Priority Vouchers to speed their psychedelic drugs through the approval process.
These include two psilocybin compounds for treatment-resistant depression and major depressive disorder, and methylone, a drug similar to MDMA, for post-traumatic stress disorder. Each previously received Breakthrough Therapy designation (Cybn:
$HELP has received BTD), which the FDA awards to therapies for serious conditions that demonstrate a substantial improvement over currently available therapies.
That announcement came one week after President Donald Trump signed a psychedelics executive order.
https://www.houstonpublicmedia.org/articles/news/health-science/2026/05/05/550958/