Lexology April 17, 2024
The development of psychedelic drugs for medicinal uses has substantially expanded since 2020, as evidenced by an exponential growth in Drug Enforcement Administration (DEA) production quotas for both psilocybin and psilocin. In 2024, these quotas grew to 20,000 g and 24,000 g, respectively, from just 30 g and 50 g in 2020.
Reflecting the growing interest in this drug development opportunity, on April 12, 2024, American University brought together leaders in neuroscience, medicine, policy, and law to discuss the future of psychedelic drug therapy. Speakers included scientific and medical experts as well as pharmaceutical companies and patient advocates. The symposium discussion shed light on the potential promise of psychedelic drug product therapy, as well as potential challenges for clinical trials...
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