Business

The Collapse of Field Trip Health

Once a big player in the ketamine clinic business, the implosion of Field Trip Health illustrates the perils encountered by some companies who entered the psychedelic space early.

Shifting Strategy, MAPS Turns to Equity Investment

In an effort to raise funding for commercialization of MDMA-assisted therapy, MAPS partnered with an investment bank to sell equity in its Public Benefit Corporation.

Synthesis Founder Confirms Bankruptcy of Dutch Sister Company

The CEO of Synthesis speaks out about the recent bankruptcy of the Dutch sister company that left the U.S. practitioner training program in upheaval. 

The Anatomy of Synthesis’ Collapse

What are the lessons for the psychedelic ecosystem from the collapse of Synthesis Institute?

Group Therapy Holds Promise for Psychedelic-Based Treatments

A clinical trial launched by Sunstone Therapies demonstrated the effectiveness of group therapy as part of psilocybin-assisted therapy for depression. 

Inside Synthesis Institute’s Implosion

The organization, including its Dutch retreats business and psychedelic facilitator training programs, plus a 124-acre property in Oregon, filed for bankruptcy this month, leaving its students and employees in limbo.

Do Psychedelics Demand an Innovative Approach to Patents?

Industry leaders are exploring alternative IP strategies that can fuel creativity in psychedelic medicine.

Gilgamesh Tweaks Known Psychedelics To Improve Therapies

The company has closed a $39 million round of financing to optimize existing substances, which they say will make them safer and more effective.

Regulatory Hurdles Challenge Oregon Psilocybin Providers

Entrepreneurs opening psilocybin businesses in Oregon face difficulties finding liability insurance and sympathetic landlords.

Tactogen Supports Community Investment in Drug Development

The company has launched a Community Stakeholder Initiative that allows more people to invest in next-generation MDMA-like medicines.