Traumatic Brain Injury: Six Psychedelics Companies Target $120 Billion Market

Bright future for psychedelics TBI R&D

With a half-dozen companies in the psychedelics industry already with announced plans for TBI-related research, some investors may see this R&D niche as crowded.

But with a huge treatment population and an equally huge treatment market to target (estimated to reach $182 billion by 2027), there are more than enough revenue dollars on the table for second- and third-place finishers in this derby to be well-rewarded by the market.

The growing interest in this research extends beyond the psychedelic drug industry itself. The Ultimate Fighting Championship (UFC) and its MMA competitors have already turned to self-medicating with psilocybin – as a therapy for their own head traumas.

In an industry article, former champion and now coach Muhammad Lawal acknowledged knowing several MMA fighters using psilocybin therapeutically and he recently tried psilocybin mushrooms himself.

“It’s hard to explain – it’s like a reboot,” he stated. “The next day, you feel kind of like a new person.”

Investors in psychedelic stocks have heard plenty of similar anecdotal reports (or clinical studies) where patients have reported a “reboot” through psychedelics-based therapies. However, such testimonials have typically occurred in connection with depression or PTSD – where formal clinical research has already advanced to the Phase II/Phase III stage.

TBI research represents a major extension in the breadth of psychedelics R&D, into one of the largest of all medical treatment markets.

If clinical research into TBI can replicate the success being seen with clinical trials for depression and PTSD (and there is no reason to believe it won’t), then psychedelics investors have just been handed yet another major investment opportunity in this emerging industry.

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Disclaimer: The writer holds shares in Mind Cure Health. Mind Cure Health is a client of Psychedelic Stock Watch.

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James Hunter 1 month ago Member's comment

Thanks for sharing: RVV mentioned in article: "Revive Therapeutics (CAN: RVV / US: $RVVTF) plans to seek IND status from the FDA in Q2 2021, for its psilocybin-based research on TBI. With a different (non-psychedelic) drug already in a Phase III clinical trial, Revive has more experience in formal clinical research. But TBI is not the principal focus of its R&D."

James Hunter 1 month ago Member's comment

Bright future for psychedelics TBI R&D

With a half-dozen companies in the psychedelics industry already with announced plans for TBI-related research, some investors may see this R&D niche as crowded.

But with a huge treatment population and an equally huge treatment market to target (estimated to reach $182 billion by 2027), there are more than enough revenue dollars on the table for second- and third-place finishers in this derby to be well-rewarded by the market.