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Psychedelic drugs are going mainstream

  • Posted on July 21, 2026
  • By Financial Times
  • 1 Views
  • 1 min read
In brief

The psychedelic medicine industry is transitioning from academic research to viable commercial opportunities. Psilocybin and LSD-based therapies are gaining regulatory approval and investor interest for treating mental health disorders. Major pharmaceutical companies and specialized biotech firms are now developing clinical protocols, securing funding, and advancing through FDA trials. This shift represents a fundamental change in how society perceives and utilizes these compounds for therapeutic purposes, moving beyond decades of prohibition toward evidence-based medical applications.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Psychedelic drugs are going mainstream
Psychedelic drugs are going mainstream

Commercial success is looking less theoretical for treatments based on mushrooms and LSD
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Author
Financial Times

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