Addiction Recovery

Venture Capital Investing Little in Addiction Treatment

ONLY DRUGS CAN SAVE LIVES –

Feb. 2, 2023 – “There’s still a lot to be learned for identifying the underlying cause of addiction and being able to address that with a specific target,” he said. “That limits the shots on goal. If you look at the number of targets, there just aren’t that many at all. If there were, maybe that would incentivize investors to get behind more of the novel targets. But we just don’t see many there.”

The report suggests that, even though U.S. addiction deaths are hovering around their all-time high, drug companies and the investors who back them are unlikely to provide solutions anytime soon.

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Leonard Buschel

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