Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-07-17T04:01:00+00:00
Concerned about an AI bubble?Sign up for The Daily Upside for smart and actionable market news, built for investors. Big Pharma is taking another trip into psychedelics. On Thursday, Eli Lillyannouncedan agreement to buy the psychedelic drugmaker AtaiBeckley for $2.8 billion upfront and pay up to $1 billion more if certain conditions are met. The deal gives the world's largest pharmaceutical company access to BPL-003, AtaiBeckley's psychedelic-based nasal spray that studies have shown reduces treatment-resistant depression with a single dose, as competitors expand their footprints in the space. "We have validation that we are achieving what so many people thought was impossible: Psychedelics have reached mainstream awareness and acceptance," Christian Angermayer, founder, largest sharehold
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.