Sam Altman and others in Silicon Valley bet drugs like MDMA will transform treatment for mental health
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Small Pharma, a small Canadian start-up that is modifying the psychedelic DMT to treat depression, recently revealedfrom a study that failed to excite investors. “These results are extremely promising but they had no effect on the share price, zero,” said Jan Hardorp, a founding partner at venture capital firm re.Mind Capital that has invested in the company.
“I remember looking at it thinking, like, ‘That can’t be real, it’s too good,’” he recalled in an interview.these days leading a revolution in artificial intelligence, helming the firm that mesmerized and unnerved much of the public with the release of a chatbot that could, at a prompt, churn out humanlike text. But he still sees unrealized potential in psychedelics and eagerly backed Journey’s mission.
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