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Texas Invests $50 Million in Ibogaine Research for Addiction Treatment, Advocates Still Eye Tri-State

  • Texas Governor Greg Abbott signed Senate Bill 2308 on Wednesday in Austin, allocating $50 million to study ibogaine as a medication.
  • The bill establishes a partnership among academic institutions, medical centers, and pharmaceutical companies to carry out FDA-approved clinical studies on ibogaine for treating addiction and mental health disorders.
  • Stanford Medicine's 2024 study showed ibogaine combined with magnesium safely reduces PTSD, anxiety, depression, and improves cognitive function in veterans with brain injuries.
  • Bryan Hubbard, American Ibogaine Initiative director, said, "It has no recreational purpose whatsoever," and noted Indiana plans to start ibogaine research in January 2026.
  • Texas’s investment positions it as a leader in psychedelic research and may prompt other states to fund addiction treatments using ibogaine.
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The Washington Post broke the news in on Monday, June 9, 2025.
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