massive achievement now that #TGA has finally come onboard to reschedule #mdma and #psilocybin to S8, relief for all those suffering from #PTSD and treatment resistant depression who are seeking alternatives than currently approved therapies...
This news had been long time coming... Mindmedicine Australia to be congratulated on their consistent efforts year in year out trying to get the #TGA to down schedule it... $EMD is partnered with mindmedicineAU...
When it comes to therapeutic benefits of #MDMA, $EMD is at the forefront of it all on #ASX, they are also currently running phase 3 trials for EMD-RX5 "medicinal cannabis based" and its benefits into psychological distress...
Other #asx plays into #psychedelics are $LGP $CPH $IHL but they are solely into #psilcybin which has also been down schedule to S8.
pls read full statement on #tga website for full terms and conditions of this downschedule, LINK BELOW
https://www.tga.gov.au/news/media-releases/change-classification-psilocybin-and-mdma-enable-prescribing-authorised-psychiatrists
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