Texas can’t spend $50M for ibogaine trials. Feds may fill the gap
- Texas set aside $50 million for ibogaine trials, but the funding required a matching contribution from another source.
- No drug company submitted a proposal that met the state’s requirements.
- The federal government offered to match state investments in psychedelic research following an executive order signed by President Donald Trump.
- The Advanced Research Projects Agency for Health has not spent any of its $50 million allocation.
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Texas can’t spend $50M for ibogaine trials. Feds may fill the gap
(The Center Square) – Texas set aside $50 million for the psychoactive drug ibogaine trials on the condition that someone else match it. No drug company submitted a qualifying proposal. The federal government has offered to match state investments instead.
Texas can’t spend $50M for ibogaine trials. Feds may fill the gap - The Daily Bo Snerdley
(The Center Square) – Texas set aside $50 million for the psychoactive drug ibogaine trials on the condition that someone else match it. No drug company submitted a qualifying proposal. The federal government has offered to match state investments instead. Lt. Gov. Dan Patrick and Texas House Speaker Dustin Burrows said March 31 that the Texas Health and Human Services Commission had announced the day before that no drug company submitted a pr…
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