ATAI has raised $100 million to turn psychedelics into treatments for depression and anxiety. Now the unusual biotech is gearing up to raise millions more for the next phase of human testing.

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· Florian Brand helped start ATAI Life Sciences with one vision in mind: to effectively treat mental-health disorders by turning psychedelics into medicines.
· The way to do that? By bringing psychedelics through clinical trials and getting approval from regulatory agencies.
· Prominent backers like Mike Novogratz, Peter...

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