It was in 2016 when several small-scale clinical studies using psilocybin ¡ª the active ingredient in ¡®magic¡¯ mushrooms ¡ª reported promising results. Phase II trials have now shown that one administration of psilocybin can produce statistically significant clinical effects for depression and anxiety
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2. This early clinical success led the US Food and Drug Administration to grant psilocybin its coveted ¡®Breakthrough Therapy¡¯ designation for treatment-resistant depression. Psilocybin is now being evaluated in phase III trials for treatment-resistant depression....