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BC-US--Insider Q&A-Filament Health
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In crowded field of psychedelic startups, Filament CEO makes case for 'natural' drugs

More drugmakers are seeking to harness the medical potential of psychedelics for treating depression, addiction and other hard-to-treat conditions

By MATTHEW PERRONE
Published - Nov 13, 2023, 09:30 AM ET
Last Updated - Nov 13, 2023, 09:30 AM EST

A recent boom in psychedelic research has given way to a bumper crop of startups seeking to harness the potential of mind-altering drugs for treating depression, addiction and other conditions.

In this crowded field, Vancouver-based Filament Health has a unique approach: extracting drugs like psilocybin and mescaline from natural sources, including mushrooms and cacti, rather than synthesizing the ingredients in a laboratory.

Filament is studying its mushroom-based psilocybin as a treatment for opioid and stimulant use disorder. And more than a dozen other companies and academic centers are using the company's drugs in trials of depression, chronic pain and other disorders.

Filament CEO Benjamin Lightburn spoke with The Associated Press about the ethical, therapeutic and medical case for using naturally derived psychedelics. The answers have been edited for length and clarity.

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