As psychedelics near approval, there’s no consensus on how they work

Attendees at the Psychedelic Science conference heard an array of explanations for the potential benefits of psychedelic drugs.

Jul 4, 2023 - 20:00
As psychedelics near approval, there’s no consensus on how they work

DENVER — The founder of Field Trip, a chain of shuttered ketamine clinics currently facing insolvency, put forward an unexpected theory of how psychedelics work to treat depression last month. “The truth is, almost all of the effect of psychedelic-assisted therapy could be placebo,” said Ronan Levy, speaking at a five-day conference on the emerging field of psychedelic medicine. “Personally I don’t have a problem with that. The outcomes are the outcomes, and that’s really what matters in my view.”

While there’s evidence to support the idea (which, if correct, would make Field Trip’s $5,250 price for six ketamine sessions an unusually expensive placebo effect), attendees at Psychedelic Science 2023 heard an array of explanations for the potential benefits of psychedelic drugs for people with various mental illnesses.

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