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πŸ„ The One Thing to Succeed in the Psychedelics Industry is NOT What You Think It Is πŸš€

πŸ’Š Interview of Nick Kadysh, CEO at PharmAla Biotech (MDMA.CSE)

Welcome back to The Microdose Diet a newsletter about personal and professional development using alternative medicines πŸ„

In the latest episode, I engaged in an insightful discussion with Nick Kadysh, the founding President & CEO at PharmAla Biotech (MDMA.CSE), the Chair of the board of directors at Psychedelics Canada and the Founding Board Member at Cortexa.

PharmAla is a Canadian biotechnology company focusing on 2 activities:

πŸ’Š The manufacturing of MDMA for human use, where researchers and medical professionals are the clients. Globally, PharmAla is one of only two manufacturers in that niche, the other one being MAPS.

πŸ’Š The development of early-stage drugs. PharmAla researches and develops novel components of MDMA. MDMA is the first β€œpsychedelic” molecule likely to be granted regulatory approval as a medicine, having already completed one Phase III trial.

Learn More about PharmAla.

Link Here

In this episode, we discuss:

  • Why we have experienced such underinvestment in mental health care 🧠

  • How expertise in regulatory matters is a prerequisite to be successful in the psychedelics industry πŸ‘©β€βš–οΈ

  • How different the psychedelics industry is from the cannabis industry (hint: biotech vs. agriculture) 🌿

  • The polemic around the costs of Psychedelic Assisted Therapy πŸ„

Listen to the episode here, on Spotify or Apple Podcasts.

Once you've finished the episode, I’d love to hear your thoughts! Comment to share your views ✍️

P.S. Do you know someone who would enjoy The Microdose Diet podcast? Feel free to share this newsletter by clicking the link below and hitting the ❀️ button on this post to help me support more people on Substack πŸ™

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About The Microdose Diet

The Microdose Diet by Peggy Van de Plassche focuses on personal and professional development using alternative medicines, such as microdosing psilocybin, tapping meditation, journaling, guided meditation and visualization ✨

I am Peggy Van de Plassche, a former banker and VC who now speaks and writes about the psychedelic industry & the benefits of microdosing psilocybin. I created The Microdose Diet - the 90 Day Plan for Success and Happiness🍾

Thanks for reading, listening, and watching πŸ™

Peggy

Follow me on Twitter & Instagram.

This newsletter is designed to entertain and inform, not provide medical advice. You should always consult your doctor when it comes to your personal health or before you start any treatment 🩺

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