Elon Musk's Ally Antonio Gracias Eyes Major Role in Psychedelic Medicine with Lykos Therapeutics Takeover
Antonio Gracias, a close ally of Elon Musk, is in the spotlight with a bid to take over Lykos Therapeutics—a move potentially worth $100 million. Backed by major investors including Sir Christopher Hohn, the acquisition aims to reshape the future of MDMA-assisted therapies, bringing management shakeups and sparking debates on drug policy and approval processes. This pivotal development highlights the increasing financial interest in the psychedelic medicine industry.
Aug 28