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-0.0117573532283895 -0.01177688371548 -0.0254286941916332 -0.0234756454825984 0.00386703644388892 -0.00589820710128524 -0.00589820710128524 0.00191398773485398
Stock impact report

Psychedelic drug makers rally as Trump orders FDA to expedite reviews [Yahoo! Finance]

AtaiBeckley Inc. (ATAI) 
US:NASDAQ Investor Relations: ir.atai.net.cn
Company Research Source: Yahoo! Finance
President Donald Trump signed an executive ?order directing health regulators to speed up reviews of psychedelic ?drugs and boosted federal research funding. Shares of Atai Life Sciences jumped 21% before the bell, while ?Definium Therapeutics rose 15% and Compass Pathways climbed 26%. GH Research gained 19%, Enveric BioSciences added 7%, and U.S.-listed shares of Cybin were up about 15%. The executive order, issued on Saturday, tells the U.S. Food and Drug Administration to ?fast-track reviews of treatments ?such as ibogaine, a psychedelic compound being studied for mental health conditions including post-traumatic stress disorder, depression and addiction. The order ?directs the agency to give Commissioner's National Priority Vouchers to psychedelic drugs that have the "breakthrough therapy" tag, potentially cutting the review time to 1 to 2 ?months from ?the usual 6 to 10 months. FDA ?Commissioner Marty Makary on Saturday ?said decisions on the drugs could come as soon as t Show less Read more
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