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Bloomberg Businessweek

Illegal Ecstasy Takes Step Toward Becoming Legal Drug for PTSD

Jun 4, 2024
29:55
Snipd AI
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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Podcast summary created with Snipd AI

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.

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