The global narcotic drug market is expected to reach $ 10.75 billion by 2027

Australia will soon test narcotic drugs as a treatment for mental illness, while California looks to decriminalize them completely. The market is expected to grow rapidly.

At present, society is experiencing an acute mental health crisis, which has been exacerbated tenfold by a pandemic that has drastically intensified feelings of loneliness, uncertainty and sadness.

In the US, there has been a 20% rise in the number of prescriptions for antidepressants and in the UK, where it is estimated that seven million adults are taking them, demand threatens to outpace supply.

With th Global Antidepressant Market The rush in the welds and the lack of adequate support systems in place to direct patients in the right direction, was never a more important moment for the introduction of narcotic drugs into mainstream medicine.

Fortunately, we are in the midst of a scientific renaissance as drug therapy research has newly acquired freedom with data The support for this is very positive, according to Global NewsWire, Is expected to reach the international market $ 10.75 billion by 2027.

Quickly proving to be a great remedy, capable of transforming mental health forever, it’s really starting to look like we’re about to make some serious changes.

For starters, the Australian government is spending big bucks – $ 15 One billion To be precise – in clinical trials to see if psylocibin (the psychedelic compound produced by mushrooms), MDMA, and ketamine can be used as a treatment for debilitating mental illness.

The Innovative treatments for mental illness are a grant opportunity It was announced Wednesday that the drugs will be rescheduled from a banned substance to a controlled drug by boosting research into drug-assisted therapy.

It is hoped that illicit substances, when consumed in controlled settings and in the presence of a specialist, will help fight resistant diseases such as PTSD, depression, addiction, and eating disorders.

“This will boost local research into life-saving treatments and give hope to all those suffering from mental illness,” he says. Greg HuntAustralian Minister of Health. “We have evidence that it works, and we don’t know how, so we’re going to take the lead in doing large-scale appropriate trials with something that could change the way we treat mental illnesses with drugs.”

The researchers say this funding represents an opportunity for Australia to develop revolutionary therapies that will not only be more effective in treating some mental illnesses, but you will not see patients overly dependent on drugs.

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