Top VCs in psychedelics say Big Pharma is knocking at the door — and it could fuel a wave of deals

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Psychedelics are only going to continue to move into the mainstream, said Simeon Schnapper, managing partner at JLS Fund, an investment firm that's made 22 deals in the space since 2019.

The Japanese pharma company Otsuka has also entered the space. In 2020, Otsuka's McQuade Center for Strategic Research and Development invested in

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