Psilocybin shows promise in addressing brain injuries and binge eating, and several ASX-listed companies are engaging in this field.

February 21, 2025 11:00 AM AEDT | By Team Kalkine Media
 Psilocybin shows promise in addressing brain injuries and binge eating, and several ASX-listed companies are engaging in this field.
Image source: Shutterstock

Highlights

  • Psilocybin is being explored for its effects on brain health, emotional empathy, and disordered eating behaviors.
  • Australian research and production efforts are advancing medical applications for psilocybin-based therapies.
  • Studies continue to investigate psilocybin’s role in addressing complex mental health conditions.

Psilocybin, a naturally occurring psychedelic compound found in certain mushrooms, has gained significant attention for its therapeutic applications. While it has been historically associated with recreational use, emerging research is shedding light on its role in addressing a range of medical conditions. A key regulatory milestone was reached when Australia’s Therapeutic Goods Administration approved controlled medical use of psilocybin, paving the way for expanded research and clinical applications. This development has encouraged further investigations into its effectiveness in treatment-resistant depression and other conditions.

Applications in Brain Health

Researchers at Northeastern University have been examining psilocybin’s effects on brain injuries, particularly those resulting from repetitive mild trauma. These injuries, often linked to long-term neurological issues, have limited treatment options. Studies indicate that psilocybin may aid in neural recovery and enhance connectivity between brain regions. Such findings are especially relevant for individuals exposed to high-impact activities, including athletes and military personnel.

Exploring Empathy in Depression

A study conducted in Switzerland has examined psilocybin’s influence on emotional empathy in individuals experiencing depression. Participants in controlled settings reported a greater ability to connect with others, potentially addressing social withdrawal often seen in depressive conditions. While maintaining emotional balance remains essential, the ability to foster stronger interpersonal relationships could offer meaningful benefits in therapeutic settings.

Approaches to Binge Eating Disorder

Tryptamine Therapeutics (ASX:TYP) is conducting research into psilocybin’s effects on binge eating disorder. Their investigations focus on the development of TRP-8802, a compound formulated for controlled administration. Initial findings indicate a reduction in binge episodes, highlighting the importance of further exploration into psilocybin’s role in addressing compulsive eating behaviors.

Contributions from ASX-Listed Companies

Companies listed on the Australian Securities Exchange have been instrumental in advancing psilocybin research and production. Emyria (ASX:EMD) is conducting studies focused on treatment-resistant depression, while Bioxyne (ASX:BXN) is developing methods for large-scale production of psilocybin for therapeutic applications. Little Green Pharma (ASX:LGP) is actively engaged in clinical trials investigating psilocybin-assisted therapy for individuals who have not responded to conventional treatments.

Ongoing Developments in the Field

As scientific research continues to expand, new findings are shaping the understanding of psilocybin’s effects on mental health. With regulatory changes facilitating further clinical studies, medical applications are being examined in greater depth. Research institutions and pharmaceutical entities remain focused on developing safe and effective treatment protocols to address complex conditions through controlled psilocybin-based therapies.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.