In a double-blow to psychedelic therapy, the FDA has rejected an application for MDMA-assisted treatment of PTSD, while a prominent medical journal has retracted three key papers on the subject. The agency, which had granted Breakthrough Therapy Designation to MDMA in 2017, signaled it may be open to changing its mind if presented with data from an additional Phase 3 study.
FDA issues complete response letter for MDMA-assisted therapy. Several psychedelic stocks were down after FDA announced that it would issue a complete response letter (CRL) for MDMA-assisted therapy as a PTSD treatment, rejecting the efforts to legitimize the drug for post-traumatic stress disorder — at least for now.
Journal retractions add to woes
Compounding the setback for MDMA-assisted therapy, the medical journal Psychopharmacology retracted three papers related to MDMA use in PTSD treatment on August 12. In a post announcing the decision, the journal cited protocol violations amounting to unethical conduct at one study site.
Here’s a high-level overview of the varying perspectives from the June 4 advisory committee meeting.
Lykos Therapeutics expresses disappointment, questions FDA process
Lykos Therapeutics, whose parent is MAPS, expressed its dissatisfaction with the decision and the agency’s review process. In a press release, the organization noted concerns about the structure and conduct of the FDA advisory committee meeting held on June 4, 2024.
Broader implications for psychedelic research and investment
The FDA’s decision and the journal retractions have implications beyond MDMA therapy. This setback may slow progress across the entire field of psychedelic medicine, potentially affecting research and investment in various psychedelic-assisted treatments.
Psychedelic stocks face volatility amid regulatory challenges
The recent setback in MDMA research will do little to improve the trajectory of psychedelic stocks, which have experienced volatility over the past year. Some companies have seen significant growth, while others have faced challenges.
MAPS reaffirms commitment to MDMA research and advocacy
Despite the setback, MAPS remains committed to advancing MDMA-assisted therapy. The organization pledges to continue its 38-year-long advocacy for the development and FDA-approved research of this treatment.
Rick Doblin, PhD, Founder and President of MAPS, stated, “Our collective commitment to MDMA-assisted therapy remains unwavering. MAPS remains fully focused on supporting culturally appropriate research, rigorous science, and drug policy reform that empowers citizen advocacy in all areas of the world including those with high incidences of trauma and limited resources.”
Citations:
[1] https://ppl-ai-file-upload.s3.amazonaws.com/web/direct-files/1411521/226d2c10-4b6e-4142-b9aa-504e9d1d474d/paste.txt
Filed Under: clinical trials, Psychiatric/psychotropic drugs