The UK company Beckley Psytech is the latest biotech to raise investor funding to support the evaluation of psychedelic compounds, and in particular the serotonin 5HT2-alpha agonist, psilocybin, as potential therapeutics, a sector that has seen companies marshalling resources to develop their candidates, often with weighty financial backing.
For example, the Berlin, Germany-based company atai Life Sciences BV raised $258
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