This Could Be One of the Best Ways to Treat Mental Health Issues for Millions
Over the last 20 years, “The number of psychopharmacological drugs research programs in larger drug firms has shrunk by 70% in the past decade,” reported The Guardian. “In general the larger companies have walked away from psychiatry. There are a few companies who have maintained efforts in the area but 70% tells you it’s been a pretty remarkable departure. Many withdrew from neuroscience entirely.” Of course, that needs to change, which is why companies like Silo Wellness (CSE:SILO),
Tryp Therapeutics Inc. (CSE:TRYP),
Field Trip Health Ltd. (CSE:FTRP)(OTC:FTRPF), and
Psychedelics Could be Your Next Multi-Billion-Dollar Opportunity
It may only be a matter of time before mind-altering drugs make their way into Big Pharma treatments for mental health issues, such as depression, anxiety, obsessive compulsive disorder, trauma, and addiction. If that happens, the industry could be worth well over $100 billion, as noted by analyst at Eight Capital, benefiting companies such as
Silo Wellness (CSE:SINO),
Compass Pathways Inc. (NASDAQ:CMPS),
HAVN Life Sciences Inc. (CSE:HAVN), and
Tryp Therapeutics Inc. (CSE:TRYP).
Helping even more, a bill to decriminalize psychedelics in California is moving forward. In fact, according to Benzinga, “Introduced in February by Sen. Scott Wiener, SB 519 would remove penalties for the possession, personal use and social sharing of certain natural and synthetic psychoactive drugs including psilocybin, psilocyn, DMT, ibogaine, mescaline, LSD, ketamine and MDMA.”
Kentucky Expands Suicide Prevention Resources Amid Pandemic / Public News Service publicnewsservice.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnewsservice.org Daily Mail and Mail on Sunday newspapers.
38,000 doses of COVID-19 vaccine administered in New York State
Gov. Cuomo says that New York has administered more doses of the vaccine than any other state. The state is also developing vaccine kits for remote areas. Author: Emyle Watkins Updated: 7:53 PM EST December 21, 2020
ALBANY, N.Y. Governor Andrew Cuomo announced Monday that New York State has administered 38,000 doses of the COVID-19 vaccine, which his office says is the highest total in the nation.
The state expects to see 466,000 doses of the vaccine arrive in the next week, including 346,200 doses of the Moderna vaccine and 120,000 doses of the Pfizer vaccine.
This comes on the same day the country has begun its vaccine program for nursing homes and long term care facilities, including 618 in New York. The program is expected to take six weeks.
Elmira Star-Gazette
Confirmed cases of COVID-19 in Steuben County spiked by 123 since Saturday, and contact tracing investigations led by health officials point to 50 locations where spread may have been possible.
Those who tested positive are under isolation and all known exposure risks have been notified.
“As predicted, we have had multiple positive cases and a number of contacts traced back to Thanksgiving gatherings,” said Public Health Director Darlene Smith.
Of the new cases, 26 people had contact with previously reported positive cases and 13 people had contact on Thanksgiving with people who tested positive, some from out of the county or state.