Texas will fully fund clinical trials into the medical effects of ibogaine

AUSTIN (Nexstar) — A program designed to conduct drug development clinical trials for a psychedelic drug in Texas hit a road bump after the state could not find a drug company to help develop a FDA-approved drug.

Lt. Gov. Dan Patrick and Texas House Speaker Dustin Burrows jointly announced the state would proceed with its own research program on Tuesday.

“We intend to fully fund this program, and will work in partnership with our great medical research teams in Texas to conduct the research,” the joint statement from the leaders of the Texas legislature read…

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