Psychedelics Too Trippy for FDA, But There Still May Be a Role in Behavioral Health Care

Late last week, the psychedelics industry received its latest blow when the FDA shot down Lykos Therapeutics’ application for MDMA-assisted therapy for treating PTSD. Many in the psychedelics industry had hailed Lykos Therapeutics’ treatment as the pioneer for regulatory clearance. However, the FDA sent the pharma company back to the drawing board for more testing, […]

Psychedelic Venture Studio Beckley Waves Acquires Ketamine Provider Nue Life

Psychedelic-focused venture studio Beckley Waves has acquired digital ketamine-assisted therapy (KAT) provider Nue Life. Beckley Waves seeks to improve access to well-being-enhancing medicines and tools in an industry that is dominated by “antiquated” approaches to mental health, according to Daniel Love, co-founder and partner at Beckley Waves and interim CEO of Nue Life. “At the […]

Why 2023 Could Be a Pivotal Year for Psychedelic-Assisted Treatment

After years of regulatory hurdles and societal stigma, psychedelic-assisted treatment for behavioral health conditions is coming into the spotlight. The growing popularity of psychedelics is due, in part, to promising research results and multiple states relaxing regulations. Now, 2023 could be a banner year for the treatment. Psychedelic legalization is going into effect in the […]

Virtual Ketamine Startup Nue Life Launches B2B Offering with New Partnership Program

Ketamine therapy startup Nue Life will offer its services to health systems, medical networks and prescribers in all 50 states through its new partnership program. Dubbed Nue Network, the program allows partners to provide patients with at-home ketamine treatment and integrated therapy programs. In addition to the medication, the program also gives patients access to […]

Movers & Shakers: Summit BHC Adds SVP From BCBS; Headspace Health Sees Board Turnover

Discovery Behavioral Health hires chief medical officer Los Alamitos, California-based Discovery Behavioral Health hired Dr. Matthew Ruble, a psychiatrist, as its chief medical officer. He reports to the company CEO and President John Peloquin. Discovery Behavioral Health operates 130 mental health, substance use and eating disorder treatment centers in 13 states. Before joining the company, […]