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Mark Cuban’s Cost Plus to develop US-made ibogaine in HHS push

By Ella Ruder 1 min read

Mark Cuban Cost Plus Drug Co. will lead research teams laying the groundwork for a domestically manufactured ibogaine product, part of an HHS effort to develop the psychedelic as a potential treatment for post-traumatic stress disorder and other serious mental illnesses, including among veterans. HHS committed up to $4.9 million to the effort through the Advanced Research Projects Agency for Health, the department announced Nov. 12. The Cost Plus-led teams will build the regulatory, clinical, chemical and engineering foundation for a single-molecule ibogaine hydrochloride product. Separately, Beond will generate clinical… Originally published in Becker’s Hospital Review. Read More

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News Ella Ruder 10:30 am Santa Clara Valley Healthcare opens 77-bed behavioral health pavilion San Jose, Calif.-based Santa Clara Valley Healthcare began admitting patients Nov. 3 to its new Behavioral Health Pavilion. The 77-bed facility provides inpatient psychiatric care for children, adolescents and adults. The 207,000-square-foot pavilion on the Santa Clara Valley Medical Center campus has 14 beds for… News Ella Ruder 9:06 am Ohio bill targets troubled youth behavioral health facilities Ohio Rep. Crystal Lett, D-Columbus, said shutting down troubled youth residential treatment centers will not by itself protect children. She called for every child in these facilities to have access to an independent professional who can report abuse and neglect to police and state regulators,… News Ella Ruder 5:36 pm How Northwell built a front door to youth mental healthcare that isn’t the ED  About six years ago, Northwell Health launched a school mental health pilot on Long Island with the goal of meeting children where they are, according to Scott Falkowitz, DO, a child and adolescent psychiatrist and medical director of the Northwell School Mental Health Program.  Today,…

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