CSIRO to Collaborate with Biotechnology Firms on Psychedelic Research

May 24, 2022

The Commonwealth Scientific and Industrial Research Organization (CSIRO), which is the national science agency of Australia, is planning to collaborate with local medical technology firms to develop new psychedelic products while also improving the existing products. The agency’s objective is to develop new psychedelics to help individuals suffering from various mental health conditions, including post-traumatic stress disorder, end-of-life anxiety, addiction and depression.

There are many psychedelics in existence, both synthetic and natural alike. CSIRO plans to work with local biomedical firms to…

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