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What Next TBD: Big Pharma’s Bet on Psychedelics

Slate News

Slate Podcasts

News, News Commentary, Politics

4.66K Ratings

🗓️ 14 August 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

The psychedelic renaissance is here. But not everyone’s on board. Guest: John Semley Host: Sonari Glinton Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Psychedelic

0:07.6

The very word makes me think, paisley, tie-dye, taking trips and getting high.

0:13.8

But the idea of getting magic mushrooms from real medical doctors?

0:18.0

Well, a few decades ago if you told me that, I would ask you, more do you smoking?

0:22.8

The current reality?

0:24.4

Psychedelic drugs are still classified as schedule one drugs.

0:28.4

Everyone drugs or drugs with no current, accepted medical use and a high potential for abuse.

0:35.7

But as regulations around these drugs are beginning to loosen, they're becoming accepted treatments

0:41.5

for a host of mental health issues.

0:43.7

For real focus is on transforming mental health care.

0:46.5

And that's something that really needs to happen for lots of people.

0:50.8

That's George Goldsmith.

0:51.8

He's the CEO of Compass Pathways.

0:54.6

A biotech company that's been investing money in research on psychedelics.

0:59.5

The goal to cash in on the potential benefits psychedelics that have for mental health.

1:05.3

Compass is one of these major biofarma players that has entered the scene that's really

1:11.1

focused on psychedelic drugs.

1:14.1

They were for a time the highest valued publicly traded company that specializes in psychedelics.

1:20.1

Which I think to me is even a weird thing to say at all that there's any publicly traded

1:23.8

psychedelics companies these days.

1:26.2

And that's John Simley.

1:27.6

He covers psychedelics and the pharmaceutical industry.

...

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