Why psychedelic-assisted therapies?
Renaissance of psychedelic-assisted therapies
Psychedelic-assisted therapies are emerging as a potent new class of treatments for brain disorders, including addictions, as suggested by a rapidly growing, rigorous, and compelling body of research. Research on compounds with psychedelic properties began in the 1950s but was halted for several decades due to the so-called “war on drugs”. In recent years, it has restarted, with groundbreaking findings published in prestigious journals such as The Lancet, Nature Medicine, and the New England Journal of Medicine. Top-tier US universities like New York University, Johns Hopkins, and the University of California are following the example of Imperial College London in the UK, which in 2019 became the first to establish a center dedicated to the study of psychedelic compounds. Psychedelics are also increasingly being researched in the context of many neurological disorders.
The renaissance of research into the neuroscience and therapeutic applications of psychedelics therapies represents one of the most promising and important initiatives in brain science and neuropsychopharmacology in recent times.
Despite their enormous potential for healing, psychedelic substances are still classified as Schedule I drugs under the 1971 Convention on Psychotropic Drugs, causing major hurdles for research. Nonetheless, between 2017 and 2019, the US FDA granted Breakthrough Therapy designation to psychedelic therapy for three trials investigating: i) psilocybin for treatment resistant depression, ii) MDMA for post-traumatic stress disorder (PTSD) and iii) psilocybin for major depressive disorder. In 2024, the two additional breakthrough designations were granted for LSD for the treatment of generalized anxiety disorder (GAD) as well as an adjunctive psychedelic based therapy for the treatment of major depressive disorder. This has advanced further research using these psychedelic compounds in combination with psychotherapy to Phase 2 and Phase 3 trials. In 2022, Australia became the first country to officially regulate the medical use of psychedelics for the treatment of PTSD and depression. The first psychedelic-assisted therapy is most likely to be approved in the US in 2024 following the successful completion of the relevant phase 3 trial in 2023. Currently, there are around 16 ongoing clinical trials with psychedelic compounds in the EU for a range of brain disorders as well as for alleviating existential distress in end-of-life care.