Psychedelic drug makers rally as Trump orders FDA to expedite reviews - Yahoo Finance

Yahoo Finance
April 20, 2026
2 min read

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Psychedelic drug makers' stocks are rising after President Trump ordered the FDA to expedite reviews.

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President Trump has ordered the Food and Drug Administration (FDA) to expedite reviews of psychedelic drugs, leading to a rally among psychedelic drug makers. This directive signals a significant shift in federal policy regarding these substances, potentially accelerating their path to market for therapeutic uses. The move could open new avenues for mental health treatments, as companies developing psychedelics for conditions like PTSD and depression stand to benefit from faster regulatory approval. This action by the Trump administration reflects a growing interest in the potential medical applications of psychedelics.

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President Trump has ordered the FDA to expedite reviews for psychedelic drugs.

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Trump Administration's Push for Psychedelic Drug Treatments

President Donald Trump has signed an executive order to accelerate access to and research into psychedelic drug treatments. This move aims to expand the availability of substances like LSD, psilocybin, and ibogaine for mental health treatment and research.

Trump Administration's Psychedelic Drug Initiative

President Trump signed an executive order to accelerate access to psychedelic drug treatments and research for mental health. This initiative aims to expand the availability of substances like LSD, psilocybin, and ibogaine for medical use.

Trump's Executive Order on Psychedelic Research

President Trump signed an executive order to ease restrictions and accelerate research into psychedelics, including ibogaine, LSD, and psilocybin, for mental health treatments. This move aims to expand access to these substances and expedite their review process.

Trump's Psychedelics Research Initiative

President Trump signed an executive order to ease restrictions and accelerate research into psychedelics like ibogaine, LSD, and psilocybin for potential medical applications, particularly in mental health treatment. The initiative aims to expand access to these substances and expedite their review process.

Trump's Executive Order on Psychedelic Research

President Trump signed an executive order aimed at accelerating the federal review process for psychedelics. The order seeks to expand access to psychedelic drug treatments for mental health, specifically mentioning substances like ibogaine, LSD, and psilocybin.

Trump Administration Accelerates Psychedelic Drug Research

President Donald Trump has signed an executive order to fast-track the review and research of psychedelic drugs for mental health disorders. This move aims to accelerate access to treatments like psilocybin and ibogaine, with the President publicly endorsing their potential.

Trump Administration Accelerates Psychedelic Drug Research

President Donald Trump signed an executive order to accelerate research and review of psychedelic drugs like psilocybin and ibogaine for mental health treatments. This move aims to fast-track their potential medical applications, with figures like Joe Rogan joining the announcement.

Trump Administration's Psychedelic Drug Research Initiative

President Trump has signed an executive order to accelerate research and review of psychedelic drugs for mental health disorders, including psilocybin and ibogaine. This initiative aims to expand access to these therapies, with podcaster Joe Rogan reportedly influencing the decision.

Trump Executive Order on Psychedelic Drug Research

President Trump signed an executive order to accelerate research and access to psychedelic drug treatments for mental health disorders. The initiative aims to fast-track the review process for substances like psilocybin and ibogaine.

Trump Administration's Push for Psychedelic Drug Research

President Trump has signed an executive order to accelerate research and review processes for psychedelic-based therapies. This initiative, reportedly influenced by Joe Rogan, aims to loosen restrictions and explore the potential of psychedelics for mental health disorders.

Trump Administration's Psychedelic Drug Review

President Donald Trump has signed an executive order to accelerate the review and research of psychedelic-based therapies for mental health disorders. This move, reportedly influenced by figures like Joe Rogan, aims to fast-track access to treatments like ibogaine and psilocybin.

Trump Administration's Psychedelics Initiative

President Trump has signed an executive order to accelerate research and review of psychedelic drugs for mental health disorders, reportedly influenced by a text from podcaster Joe Rogan. This initiative aims to fast-track therapies like psilocybin and ibogaine.

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