Landscape

THE MARKET - MENTAL HEALTH

Mental health is increasingly recognized as one of the biggest medical issues in the world. This costs countries both directly, through medication and hospitalization, and indirectly, through productivity losses.

10th

Suicide was the 10th leading cause of death in the US in 2017(Centers for Disease Control)

18%

In any given year, over 18% of US adults suffer from mental illness(healthypeople.gov)

$200B

Mental health costs the US economy nearly $200 billion USD each year(Forbes)

$16B

The global antidepressant drugs market was estimated to be over $13.5 billion USD in 2018, and is predicted to rise to nearly $16 billion USD by 2025.(Brand Essence Research)

ADVANTAGES IN TREATMENT

Early studies indicate that psilocybin possesses huge advantages over existing treatments for mental health problems.

Ongoing clinical trials are discovering the uses of psilocybin in the treatment of addiction and other mental health problems. Watch the recent 60 Minutes documentary (broadcast 13th October 2019) below that explores current efforts to treat harmful mental health issues.

https://www.cbsnews.com/news/psychedelic-drugs-lsd-active-agent-in-magic-mushrooms-to-treat-addiction-depression-anxiety-60-minutes-2019-12-29/