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Texas will launch its own clinical trials into ibogaine psychedelic after failing to find a drug company to help

State officials will use $50 million to test ibogaine in public research after companies failed to meet funding standards.

Summary by KSAT 12
The Legislature last year approved $50 million to research the psychedelic and find a company to develop it into a drug for FDA approval.

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KSAT 12 broke the news in San Antonio, United States on Tuesday, March 31, 2026.
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