🍄 The One Thing to Succeed in the Psychedelics Industry is NOT What You Think It Is 🚀
🍄 The One Thing to Succeed in the Psychedelics Industry is NOT What You Think It Is 🚀
💊 Interview of Nick Kadysh, CEO at PharmAla Biotech (MDMA.CSE)
Welcome back to The Microdose Diet a newsletter about personal and professional development using alternative medicines 🍄
In the latest episode, I engaged in an insightful discussion with Nick Kadysh, the founding President & CEO at PharmAla Biotech (MDMA.CSE), the Chair of the board of directors at Psychedelics Canada and the Founding Board Member at Cortexa.
PharmAla is a Canadian biotechnology company focusing on 2 activities:
💊 The manufacturing of MDMA for human use, where researchers and medical professionals are the clients. Globally, PharmAla is one of only two manufacturers in that niche, the other one being MAPS.
💊 The development of early-stage drugs. PharmAla researches and develops novel components of MDMA. MDMA is the first “psychedelic” molecule likely to be granted regulatory approval as a medicine, having already completed one Phase III trial.
In this episode, we discuss:
Why we have experienced such underinvestment in mental health care 🧠
How expertise in regulatory matters is a prerequisite to be successful in the psychedelics industry 👩⚖️
How different the psychedelics industry is from the cannabis industry (hint: biotech vs. agriculture) 🌿
The polemic around the costs of Psychedelic Assisted Therapy 🍄
Listen to the episode here, on Spotify or Apple Podcasts.
Once you've finished the episode, I’d love to hear your thoughts! Comment to share your views ✍️
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About The Microdose Diet
The Microdose Diet by Peggy Van de Plassche focuses on personal and professional development using alternative medicines, such as microdosing psilocybin, tapping meditation, journaling, guided meditation and visualization ✨
I am Peggy Van de Plassche, a former banker and VC who now speaks and writes about the psychedelic industry & the benefits of microdosing psilocybin. I created The Microdose Diet - the 90 Day Plan for Success and Happiness🍾
Thanks for reading, listening, and watching 🙏
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This newsletter is designed to entertain and inform, not provide medical advice. You should always consult your doctor when it comes to your personal health or before you start any treatment 🩺