STAT July 25, 2024
Thomas R. Insel

Many people were stunned when an FDA advisory committee voted “no” on a new drug application for MDMA-assisted psychotherapy for post-traumatic stress disorder (PTSD) earlier this summer. I was not among them.

Several things were stacked against approval: The FDA greenlights only about 50 new drugs each year. Drug development is a high-risk business with an overall success rate between 10% and 20%. Most FDA applications for new drug approval are from massive global companies with decades of experience and deep pockets, while the application for MDMA-assisted psychotherapy was based on two philanthropy-funded trials of a Schedule I compound — insider speak for a drug with no currently accepted medical use and a high potential for abuse (MDMA’s street name...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Biotechnology, FDA, Govt Agencies, Pharma, Pharma / Biotech
Opinion: STAT+: The biggest challenge facing the FDA’s new Rare Disease Innovation Hub
STAT+: For this cancer-focused digital health startup, an FDA rejection meant the end of the road
Legacy medical devices keep regulators up at night
How the FDA sees its role vis-à-vis AI in healthcare
FDA, Health Canada give sneak peek into future AI regs

Share This Article