What a long, strange trip ... it’s not gonna be?

·2 min read

N&O Innovation and Technology Newsletter: June 25, 2021

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The future of psychedelic drugs — at least as it pertains to their therapeutic use — could be shaped inside a lab in the heart of UNC-Chapel Hill’s campus.

That’s where Dr. Bryan Roth, one of the world’s preeminent researchers of psychedelics, is attempting to do something almost oxymoronic: make psychedelic drugs that don’t cause hallucinations.

Roth has gotten nearly $30M from the U.S. Defense Department to create the trip-less drugs, which could pave the way for more mainstream applications of the antidepressant effects of psychedelics.

Roth took us on a tour of his lab and told us what he considers a potential multibillion-dollar moonshot.

[Read more here]

Philanthropy funds the Innovate Raleigh fellowship. Consider supporting philanthropy-funded journalism by going to www.newsobserver.com/donate

Scientists work in a lab at AskBio’s offices in Research Triangle Park.
Scientists work in a lab at AskBio’s offices in Research Triangle Park.

(AskBio scientists are working on a Parkinson’s disease treatment it says may reverse symptoms.)

Tech news from the Triangle

  • The records for N.C.’s recruitment of Apple finally dropped. Here are some key takeaways. [N&O]

  • RTP-based biotech firm AskBio tests a therapy that may reverse Parkinson’s disease. [N&O]

  • Epic Games submits rezoning of Cary Towne Center, will include 12 story hotel. [N&O]

  • ArchiveSocial is buying public records firm NextRequest. [WRAL]

  • SingleStore hiring in the Triangle after nabbing SAS exec. [TBJ]

What I’m reading

  • What the clean energy future looks like from a 262-foot wind turbine. [LA Times]

  • John McAfee, software entrepreneur with outlaw persona, dies in prison at 75. [WaPo]

  • How safe is your drinking water? Public could be left in dark under new NC bill. [N&O]

  • Apple Daily, one of Hong Kong’s most widely read and independent news outlets, was forced to shut amid mounting government pressure. [NYT]

  • Twitter is hiring tech’s biggest critics to build ethical AI. [Protocol]

  • In colorectal cancer hot spots, young men are dying at higher rates. [STAT]

  • Starlink dishes go into “thermal shutdown” once they hit 122° Fahrenheit. [ArsTechnica]

  • Biogen’s Azheimer’s drug Aduhelm will cost the U.S. government as much as its spends on NASA. [NYT]

  • Amazon and other tech giants race to buy up renewable energy. [WSJ]

  • Psychedelic VR meditation startup Tripp raises $11 million Series A. [Techcrunch]

Other Triangle business

  • UNC’s chief fundraiser has an outside gig. Experts say it could hurt the university. [N&O]

  • Cold brew coffee is on fire in the Triangle. [N&O]

  • Proposed highway for bicycles could parallel I-40 from Chapel Hill to Raleigh. [N&O]

Let me know what you’re seeing. Email me at zeanes@newsobserver.com. Tweet me @zeanes. Call me at 919-829-4516.

Zachery Eanes is the Innovate Raleigh reporter for The News & Observer and The Herald-Sun. He covers technology, startups and main street businesses, biotechnology, and education issues related to those areas.

This newsletter was produced with financial support from a coalition of partners led by Innovate Raleigh as part of an independent journalism fellowship program. The N&O maintains full editorial control of the work. Learn more; go to bit.ly/newsinnovate

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