Shares of psychedelic-focused biotech firms surged in premarket trading following a presidential executive order. The directive aims to accelerate research and expand access to psychedelic-based treatments.
- President Trump signed an executive order to expedite psychedelic research
- Compass Pathways Plc shares spiked up to 39%
- AtaiBeckley Inc. shares surged 32%
- Definium Therapeutics and GH Research saw gains of 27% and 20% respectively
- The order aims to reduce barriers to access and clinical study
Sign up free to read the full analysis
Create a free account to unlock full AI-curated market articles, personalized alerts, and more.