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US Executive Order fast-tracks psychedelic drug research, boosting Kala Bio and client Red Light Holland.

Market News
21 Apr 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

US President Donald Trump signed an Executive Order accelerating psychedelic drug research by prioritizing FDA reviews, easing DEA restrictions, expanding patient access, and allocating $50 million in federal funding. This policy shift significantly benefits Kala Bio and its client Red Light Holland by enhancing regulatory and commercial momentum for their psychedelic drug programs. Kala Bio's AI platform, Researgency.ai, supports Red Light Holland's clinical development, positioning Kala as a key AI partner in the biotech and psychedelic sectors. The move marks a major step toward integrating psychedelic medicine into mainstream healthcare under a supportive federal framework.

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