A Year in Review
Our commentary and analysis of the past year, plus data, interviews and guest contributions.
While it is by no means exhaustive, this Review seeks to cover pertinent developments across research, funding and policy. Coverage is, where possible, bounded by the calendar year of 2022; though some guest contributions may have a broader remit or be more thematic in nature.
Shayla Love's Take on Psychedelics in 2022
2022 State of the Industry
2022 was a challenging year not only for psychedelics companies, but for the biotech industry—and the economy—more broadly. Despite the fact that investment firms like Morgan Stanley and ARK Invest lent legitimacy to psychedelics companies through published analyses, 2022 was undoubtedly difficult for many. The biotech sector writ large is also scrambling to make sense of how the Inflation Reduction Act will impact its commercial viability, and adjust accordingly.
In this section, we survey the financial health and commercial viability of the psychedelic industry across public and private markets, from both a macro and micro perspective. To do this, we employ in-house data, interviews and analysis of filings to provide commentary and analysis of fundraising, cash burn, and how companies are reacting to the financial squeeze.
Doing Things Differently
To round out our State of the Industry section, we’re looking at individuals and organisations that are challenging the status quo and encouraging us to look beyond ‘Business as Usual’.
Psychedelic Research and Drug Development in 2022
From basic science and neuroimaging through to late-stage drug development programs, here we attempt to review some of the key research and drug development milestones and themes from 2022.
A Perspective on Providers: Scaling PAT in a Time of Therapist Shortages
Psychedelic Policy & Law in 2022
Psychedelic drug policy reform initiatives continued to accelerate in 2022, with North America remaining the most active locale for such efforts. Given the fast-paced nature of such changes, this section briefly reviews a number of key initiatives and themes across the U.S., Canada and Europe.
Careers and Education
A very brief look at psychedelic careers and education via one panel and a guest contribution.
Looking Ahead to a Psychedelic 2023
As we enter a new year, we review our 2022 predictions and share some of the key themes we’re watching in 2023. At the foot of the page, we share an overview of psychedelic clinical trial readouts to expect in 2023.
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