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.

Click@StatNews

Leonard Buschel

Recent Posts

Robert Downey Jr. to Make Broadway Debut

MR. EVERYTHING EVERYWHERE – May 7, 2024 - He will make his his Broadway debut in the lead…

3 days ago

Cara Delevingne On Sobriety: ‘If I Can Do It – Anyone Can’

AUDIO – A STAR IS REBORN –   May 7, 2024 - “You’re not alone,”…

5 days ago

Amneal Pharmaceuticals Cops to $270 Million U.S. Opioid Payment

MEASLY AMOUNT –   May 3, 2024 - Amneal Pharmaceuticals reached an agreement to pay…

7 days ago

Anne Hathaway Reveals Why She Got Sober

VIDEO – THE ANGEL WEARS NADA –   Mar. 26, 2024 - “I knew deep…

7 days ago

DEA Exempts Ayahuasca Import for Religious Use for Church

HIGHER POWER BARK –   April 29, 2024 -  An Arizona-based nonprofit has reached the…

7 days ago

Tom Holland Reveals He’s Been Sober for Over Year

VIDEO ONLY – ONE WILL GET YOU TEN –   May, 2024 - Actor, Tom…

7 days ago