{"id":72432,"date":"2023-07-03T13:42:28","date_gmt":"2023-07-03T17:42:28","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/australia-becomes-1st-country-to-allow-patients-with-depression-ptsd-take-psychedelics-72432"},"modified":"2023-07-03T13:42:28","modified_gmt":"2023-07-03T17:42:28","slug":"australia-becomes-1st-country-to-allow-patients-with-depression-ptsd-take-psychedelics","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/australia-becomes-1st-country-to-allow-patients-with-depression-ptsd-take-psychedelics-72432","title":{"rendered":"Australia becomes 1st country to allow patients with depression, PTSD take psychedelics"},"content":{"rendered":"<div>\n<p>Australia is now the first country to allow psychiatrists to prescribe certain psychedelic substances to patients with depression or post-traumatic stress disorder.<\/p>\n<p>Beginning Saturday, Australian physicians can prescribe doses of MDMA, also known as ecstasy, for PTSD. Psilocybin, the psychoactive ingredient in psychedelic mushrooms, can be given to people who have hard-to-treat depression. The country put the two drugs on the list of <a href=\"https:\/\/www.foxnews.com\/category\/health\/healthy-living\/medications\" target=\"_blank\" rel=\"noopener\">approved medicines<\/a> by the Therapeutic Goods Administration.<\/p>\n<p>Scientists in Australia were surprised by the move, which was announced in February but took effect July 1. One scientist said it puts Australia &#8220;at the forefront of research in this field.&#8221;<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/health\/migraine-nasal-spray-pfizer-snags-fda-approval-expected-summer-launch\" target=\"_blank\" rel=\"noopener\"><strong><u>MIGRAINE NASAL SPRAY FROM PFIZER SNAGS FDA APPROVAL FOR EXPECTED SUMMER LAUNCH<\/u><\/strong><\/a><\/p>\n<p>Chris Langmead, deputy director of the Neuromedicines Discovery Centre at the Monash Institute of Pharmaceutical Sciences, said there have been very few advancements on treatment of persistent mental health issues in the last 50 years.<\/p>\n<p>The growing cultural acceptance has led two U.S. states to approve measures for their use: <a href=\"https:\/\/www.foxnews.com\/category\/us\/us-regions\/west\/oregon\" target=\"_blank\" rel=\"noopener\">Oregon was the first<\/a> to legalize the adult use of psilocybin, and Colorado\u2019s voters decriminalized psilocybin in 2022. Days ago, President Joe Biden\u2019s youngest brother said in a radio interview that the president has been &#8220;very open-minded&#8221; in conversations the two have had about the benefits of psychedelics as a form of medical treatment.<\/p>\n<p>The U.S. Food and Drug Administration designated psilocybin as a &#8220;breakthrough therapy&#8221; in 2018, a label that\u2019s designed to speed the development and review of drugs to treat a serious condition. Psychedelics researchers have benefited from federal grants, including Johns Hopkins, and the FDA released draft guidance late last month for researchers designing clinical trials testing psychedelic drugs as potential treatments for a variety of medical conditions.<\/p>\n<p>Still, the American Psychiatric Association has not endorsed the use of psychedelics in treatment, noting the FDA has yet to offer a final determination.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/health\/migraine-vs-headache-how-to-tell-differenc\"><strong><u>MIGRAINE VS. HEADACHE: HOW TO TELL THE DIFFERENCE AND WHEN TO SEEK HELP<\/u><\/strong><\/a><\/p>\n<p>And medical experts in the U.S. and elsewhere, <a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/australia\" target=\"_blank\" rel=\"noopener\">Australia included<\/a>, have cautioned that more research is needed on the drugs\u2019 efficacy and the extent of the risks of psychedelics, which can cause hallucinations.<\/p>\n<p>&#8220;There are concerns that evidence remains inadequate and moving to clinical service is premature; that incompetent or poorly equipped clinicians could flood the space; that treatment will be unaffordable for most; that formal oversight of training, treatment, and patient outcomes will be minimal or ill-informed,&#8221; said Dr. Paul Liknaitzky, head of Monash University\u2019s Clinical Psychedelic Lab.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/download\" target=\"_blank\" rel=\"noopener\"><strong><u>CLICK HERE TO GET THE FOX NEWS APP<\/u><\/strong><\/a><\/p>\n<p>Plus, the drugs will be expensive in Australia \u2014 roughly $6,600 U.S. dollars per patient for treatment.<\/p>\n<p>Litnaitzky said the opportunity for Australians to access <a href=\"https:\/\/www.foxnews.com\/category\/us\/crime\/drugs\" target=\"_blank\" rel=\"noopener\">the drugs<\/a> for specific conditions is unique.<\/p>\n<p>&#8220;There\u2019s excitement about drug policy progress,&#8221; he said, &#8220;&#8230; about the prospect of being able to offer patients more suitable and tailored treatment without the constraints imposed by clinical trials and rigid protocols.&#8221;<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/australia-1st-country-patients-depression-ptsd-psychedelics\">Source &#8211; https:\/\/www.foxnews.com\/world\/australia-1st-country-patients-depression-ptsd-psychedelics <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia is now the first country to allow psychiatrists to prescribe certain psychedelic substances to patients with depression or post-traumatic stress disorder. Beginning Saturday, Australian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-72432","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia becomes 1st country to allow patients with depression, PTSD take psychedelics - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/australia-becomes-1st-country-to-allow-patients-with-depression-ptsd-take-psychedelics-72432\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia becomes 1st country to allow patients with depression, PTSD take psychedelics - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Australia is now the first country to allow psychiatrists to prescribe certain psychedelic substances to patients with depression or post-traumatic stress disorder. 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