Texas invests $50M in psychedelic drug research to treat addiction
Medical Xpress
JUNE 16, 2025
The goal is to support clinical trials and bring in another $50 million in private investment to help ibogaine win approval from the U.S. The law directs Texas universities and hospitals to lead the research. Greg Abbott signed a bill last week approving $50 million in state funds for ibogaine research, The New York Times reported.
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