Psychedelic Bulletin: Beckley Psytech Raises $80m in Series B; Bright Minds Biosciences Reports Positive Preclinical Findings; Psychedelics DNA Test Called Into Question

Beckley Psytech made headlines this week when they announced the closing of an oversubscribed Series B financing, raising around $80m to advance their low-dose psilocybin and 5-MeO-DMT programs. Elsewhere, Bright Minds Biosciences reported positive preclinical results, suggesting that their proprietary 5-HT2C agonist may be efficacious in reducing seizure duration and frequency in a rare…

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