Bloomberg News Consumer Reporter Tiffany Kary discusses MDMA's potential as a treatment for PTSD. Bloomberg Opinion Editor Mark Gongloff talks about global heating effects on temperatures. Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani covers Intel's challenge to Nvidia in AI chip dominance.
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Quick takeaways
Ecstasy is making progress as a legal PTSD treatment, potentially revolutionizing psychiatric care.
Intel targets Nvidia in AI chip competition, signaling advancements in semiconductor technology.
Deep dives
Potential Impact of MDMA as a PTSD Treatment
The podcast explores the FDA's review of a new drug based on MDMA to treat post-traumatic stress disorder (PTSD). If approved, the drug could be the first in over 20 years for PTSD. Some concerns involve running clinical trials with a control group when the effects of the drug are noticeable, challenging traditional trial standards. The potential approval holds significance for the 13 million PTSD sufferers, especially veterans. It could also set a precedent for the broader psychedelics industry, marking a new approach by the FDA.
Novel Approaches in PTSD Treatment
The drug under review for PTSD, previously known as MAPS and now by Lycos Therapeutics, introduces a unique therapy combining MDMA with psychedelic-assisted talk therapy. This innovative therapy raises questions about clinical trial standards, reporting negative events, and achieving proper review alignment. The therapy's distinct approach and challenges underscore the need for effective PTSD treatments beyond traditional methods.
Challenges in Clinical Trials and Therapeutic Efficacy
The discussion highlights the unprecedented nature of the therapy, requiring thorough reviews of both the drug and the associated therapy's impact. Clinical trials face scrutiny over maintaining a placebo group's integrity when the drug’s effects are evident. Questions linger about the therapy's efficacy, potential biases in reporting, and the separation of drug effects from therapeutic outcomes, showcasing the complexities of evaluating novel treatment approaches.
Implications of Treatment Outcome and Future Development
The potential approval of the MDMA-based PTSD drug signifies a critical milestone in psychiatric treatment and regulatory evaluation, hinting at broader industry advancements. If the drug's approval is delayed or faces challenges, it could prompt a reevaluation of trial methods and explore alternative drug analogs. The drug's success could revolutionize current PTSD treatments, offering hope for effective solutions and setting a precedent for subsequent psychedelic therapies.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Consumer Reporter Tiffany Kary discusses how almost forty years after it was banned, ecstasy is taking a big step toward becoming a licensed treatment for post traumatic stress disorder. Bloomberg Opinion Editor Mark Gongloff explains that persistent global heating makes it less likely that even a broad cooling weather pattern can halt the inexorable rise in temperatures. Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani talks about Intel taking aim at Nvidia in the fight for AI chip dominance. And we Drive to the Close with Kathy Entwistle, Managing Director at Morgan Stanley Private Wealth Management. Hosts: Carol Massar, Tim Stenovec and Emily Graffeo. Producer: Paul Brennan.