A clinical trial's positive results led to an LSD formulation receiving breakthrough therapy status from the FDA for treating generalized anxiety disorder. The drug by Mind Medicine Inc. showed promising efficacy and safety in phase 2b trials.
Key Points
FDA granted breakthrough therapy status to MM120 for generalized anxiety disorder
MM120 showed 48% remission rate and improved symptoms for 65% of patients in phase 2b trial
Still needs to undergo standard FDA approval process including phase III trials
Pros
Positive results from clinical trials
Recognition by FDA for meeting unmet medical need
Cons
Possible adverse effects like illusions, hallucinations, and anxiety