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FDA Accelerates Psychedelic Drug Reviews, Grants Priority Vouchers

4/25/2026

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Story summary
  • FDA announced it will compress psychedelic drug reviews to weeks, the fastest timeline for therapy.
  • After President Donald Trump’s April 18 executive order, the FDA gave priority review vouchers to Compass Pathways, Usona Institute and Transcend Therapeutics for psilocybin-methylone treatments targeting depression and PTSD.
  • FDA Commissioner Marty Makary said the agency owes it to veterans and Americans to evaluate these therapies, noting that Compass Pathways targets launch by year-end.
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