It took more than two decades for MD­MA to reach the FDA. In two months, its prospects cracked. What hap­pens next?

Lykos Ther­a­peu­tics had planned to be the first com­pa­ny to bring PTSD pa­tients a much-need­ed new treat­ment. Then in May, an in­flu­en­tial out­side group raised …

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