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FDA to speed up review of 3 psychedelics as mental health treatments 

April 24, 2026
Pharmalot Columnist, Senior Writer
Jenny Kane/AP

STAT+ | FDA to speed up review of three psychedelics as mental health treatments

After Trump administration prodding, FDA offers priority review of psychedelic drugs from Compass Pathways, Usona Institute, and Transcend Therapeutics.

By Elaine Chen, Damian Garde, and Daniel Payne


STAT+ | A biotech VC on what Eli Lilly saw in a struggling cancer startup for $3.2B

Kelonia came within a week of running out of cash three times. Now it's being bought by a pharma giant for big money.

By Allison DeAngelis, Adam Feuerstein, and Elaine Chen


STAT+ | Trump’s boosting of psychedelics, cannabis signal a new era in GOP drug policy

The Trump administration, in a stark departure from the "Just Say No" era, is funding psychedelics research and rescheduling marijuana.

By Lev Facher



A CAR-T biotech’s dramatic turnaround, and drugmakers’ tactics to drive more scripts

STAT reporters discuss how one biotech that almost shut down got acquired by Eli Lilly and how drugmakers are trying to drive more scripts.

By Allison DeAngelis, Elaine Chen, and Adam Feuerstein


STAT+ | Up and Down the Ladder: The latest comings and goings

From new hires to departures, promotions and transfers, here are the latest comings and goings in the pharmaceutical industry.

By Ed Silverman


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