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Psychedelic drugs: A market poised for takeoff

With success in clinical trials for a range of mental disorders, psychedelics may soon move to the medical mainstream.

Psychedelic drugs are showing efficacy in clinical trials for a range of conditions, from post-traumatic stress disorder to depression. With the market expected to grow to $6.8 billion by 2027, psychedelics are attracting the attention of large biopharma companies looking to get in on a new growth area. For example, the drug MDMA, in 2021 was shown to have significant benefits in the treatment of PTSD when used in combination with in-patient therapy. As these drugs move from the medical fringes to the mainstream, they have attracted $1.8 billion in venture capital investment. Most big pharma companies have remained on the sidelines until regulators give their approval for a variety of treatments.

If you are interested in the future market for psychedelic drugs for medical purposes, this paper is a chance to find out which companies have taken the forefront in development. 

Image of Dr. Varun Renjen

Dr. Varun Renjen

Managing Director, Life Sciences Deal Advisory and Strategy

Image of Jeff Stoll

Jeff Stoll

Principal, National Strategy Life Sciences Leader

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Dive into our thinking:

Psychedelic Drugs

A market poised for takeoff

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