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STAT·May 6·1 min read
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Trump executive order accelerates psychedelic drug development with priority review vouchers, funding and expanded right-to-try

May 6, 2026·read at STAT ↗RegulatoryPositive

President Trump signed an executive order that aims to speed the development and approval of psychedelic medicines.

The order directs the FDA to issue priority review vouchers, expands right-to-try pathways for ibogaine, allocates $50 million in ARPA-H funding, and authorizes the DEA to expedite scheduling of FDA‑approved psychedelics.

Recent FDA actions reflect this momentum, including priority review vouchers to Compass and Usona for psilocybin programs, a voucher to Otsuka for methylone, and clearance for DemeRx’s noribogaine trial.

The order also launches a collaboration with the Veterans Affairs to explore psychedelic therapies for veterans, indicating broader governmental support.

source

This writeup was produced by pharmadog from original reporting by STAT.

Original headline: “Opinion: Trump’s executive order on psychedelics is the right move. But is my field ready for it?”

read at STAT ↗
1,571 words · retrieved May 8
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companies & drugs in this story

companies
OTSUKA3LEADINGWM TECHNOLOGY, INC.
drugs
(aeruginascin + baeocystin + psilocybin)5MYCO-0035Oral Psilocybin5Psilocybin (Microneedle Patch)5psilocybin5SRX-25esketamine
topics
Approval4Psychiatry & CNS3AdComAlzheimer's DiseaseCardiologyMajor Depression

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