Dr. Marty McCary

Well, it did a couple things.

It said that the FDA will be issuing national priority vouchers for a rapid and expeditious review of new products that are psychedelics.

That is what we call in medicine perception-altering drugs or serotonin 2A agonists.

These are drugs that have been...

known as street drugs, but doctors have found tremendous therapeutic value in some of the clinical studies.

The second thing it did, we made it known that the FDA has cleared the first ibogaine product in an investigation on new drug registration.

That allows human trials.

It paves the way for more studies.

And so those two announcements were from the FDA, and there was a third announcement that we're going to see $50 million in research to go to these types of studies to try to unlock why some veterans are describing profound and dramatic stories of benefit.

And finally, the DEA and the FDA are going to work together to create a pathway so that people can get access to these drugs, not in a pharmacy shelf or behind the counter, but in a controlled medical setting with supervision.

Well, first of all, there really is no good therapy right now for somebody who's suffering from PTSD, traumatic brain injury, and some forms of addiction.

Nothing really works that well.

We've seen some preliminary data in the New England Journal of Medicine and other prestigious journals that there can be an up to 30% to 40% remission rate

for some of these difficult to treat conditions.

We also have the data from individuals that are telling dramatic stories of how they were suicidal and they were able to get their life back.

We don't know exactly how these drugs work, but there seems to be a description that during the treatment,

Individuals are able to almost relive some of the experiences that haunt them, at times understanding them better or reconciling with those involved or getting some closure.

So in this class of medications, it's a rough experience on the body.

Nobody finishes the treatment and says, oh, I'd like to do that again.

These are traumatic experiences where somebody is nauseous.