09 November 2021

PSILOCYBIN: Business Magic Solutions for Depression Therapies

Business

Magic Mushroom-Based Therapy for Depression Shows Promise

A mock patient in trial site therapy room.
A mock patient in trial site therapy room. Source: Compass Pathways Plc
By  and 
November 9, 2021, 5:00 AM MST Updated on November 9, 2021, 5:24 AM MST
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Compass Pathways Plc’s experimental therapy based on psilocybin, or so-called magic mushrooms, showed promise in a midstage clinical trial in patients whose depression didn’t improve from other treatments. 

Nearly a quarter of the people treated with the highest dose of Compass Pathways’ drug candidate, called COMP360, saw the severity of their depression reduced after three months, as measured on a scale used by psychiatrists. COMP360 is a patented formulation of the active ingredient in psychedelic mushrooms.

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