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Atai/Beckley Merger Comes At A Transformative Time For Psychedelics

 
• By Kevin Grogan

All eyes are on the upcoming readout of BPL-003 for treatment-resistant depression.

(Shutterstock)

Atai Life Sciences of Germany’s proposed acquisition of private UK firm Beckley Psytech to create a psychedelic mental health powerhouse at a time when US regulators and politicians are sending encouraging signs to the space has gone down well with analysts.

The deal, which comes after Atai made a $50m investment in January last year for a 36% stake in Beckley,...

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