Chart of Day: FDA Approval Could Send Stock Soaring

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here. On August 11, the FDA will decide if it will approve MDMA (midomafetamine)-assisted therapy for the treatment of post-traumatic stress (PTSD). While a recent study did show that MDMA led to a decrease in the severity of PTSD symptoms after 18 weeks for 86% of participants, a US FDA panel voted against approval. That's because they're concerned about how trials were carried out. In fact, due to the "profound alterations in mood, sensation, suggestibility and cognition," the vast majority of the participants were able to accurately guess which treatment they had received after the study ended, the FDA scientists wrote, as noted by NBC News. "As a result, studies are nearly impossible to blind." Despite the advisory panel vote, the US FDA could still approve the therapy, especially with its effectiveness in recent studies. If it does approve the use of MDMA, CYBN could benefit. Did you miss yesterday's Chart of the Day? Click here to view it now. DC2 Publishing LLC 4260 NW 1st Avenue Suite # 55 Boca Raton, FL 33431 – 4264   Copyright © 2023 Daily Guru Trades, All rights reserved. You are receiving this email as part of your subscription to Daily Guru Trades. If you have any questions, please contact us at support@dailygurutrades.com. Daily Guru Trades is a newsletter offered to the public on a subscription basis. While subscribers receive the benefit of Daily Guru Trades opinions, none of the information contained therein constitutes a recommendation from Daily Guru Trades that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. 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