Nasdaq-listed MindMed Launches Human Trials OnDMT, The Psychedelic Ingredient In Ayahuasca

A First For Wall Street, But Just The Beginning For MindMed

“This continues to show our expansion beyond just the programs we've already got in our development pipeline. It's more evidence of the value of our collaboration with Dr. Liechti and University Hospital Basel,” said CEO Rob Barrow in an exclusive interview. The exec. said that the new program highlights the company’s edge, as it is able to research a wide variety of psychedelic molecules without having to deploy significant efforts on new infrastructure or personnel.

For these reasons MindMed is still cautious not to announce any formal development program to achieve FDA or EMA approval on DMT. “I think a lot has stagnated on this idea that there's one treatment indication for psychedelics,” says Barrow, emphasizing that these molecules have a broad potential beyond “just depression and anxiety.”

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