ATAI, DemeRx pursue ‘neurochemical reset’ for addiction in $22M JV

People seeking treatment to overcome opioid addiction are often stymied by the treatment itself. Many don’t have access to drugs like methadone or buprenorphine or can’t make it to a clinic every day for a long enough time for the treatment to succeed. ATAI Life Sciences and DemeRx are setting up a joint venture to develop a one-and-done treatment for opioid dependence that works by giving people a “neurochemical reset.”