Two-Thirds Of Physicians Say Psilocybin Therapy Can Help Treatment-Resistant Depression, New Survey Shows

Psilocybin-focused mental health care company COMPASS Pathways plc CMPS and Sermo announced on Wednesday findings from a survey of Sermo physician members that showed two-thirds of doctors surveyed believe psilocybin therapy has potential therapeutic benefit for patients with treatment-resistant depression (TRD).

“Severe mental illnesses, such as treatment-resistant depression, have affected too many people in society for too long,” said Murali Doraiswamy MBBS, FRCP, professor of Psychiatry and Behavioural Sciences at Duke University's medical school.  

“Physicians are looking for new approaches to accelerate the healing process, particularly for patients for whom current therapies have failed,” added Doraiswamy who is a consultant at Sermo.

The Survey

Sponsored by COMPASS, the survey was conducted in November 2021 with 259 participants from the US, UK, France, Italy, Denmark, Spain and the Netherlands.

Doctors were asked their views on the future of psychiatric therapy and the potential role of psilocybin therapy.

Here are some of the key findings:

  • 66% of doctors surveyed said they believe psilocybin therapy has potential benefit for patients with TRD
  • 50% would prescribe psilocybin therapy if approved, while 32% are undecided.
  • The most significant potential advantages to psilocybin treatment are believed to include: improved efficacy in treatment-resistant conditions (30%), rapid onset of action (26%), and different mechanisms of action from existing therapies (19%)     
  • The most significant potential barriers to treatment were cited as: needing a dedicated space for six to eight hours (28%), lack of trained therapists in a new model of psychological support (21%) and office infrastructure (15%)     
  • The optimal setting for psilocybin administration varied by region: 50% of European respondents said hospital, while 42% of US respondents said specialized network of centers.

“These findings underline the fact that physicians need more options in helping patients suffering with treatment-resistant depression,” Dr. Guy Goodwin, CMO at COMPASS Pathways said.

Psilocybin Therapy Combined With SSRI Antidepressants Is Possible

In the meantime, COMPASS Pathways recently revealed that it has achieved positive results from its exploratory study of COMP360 psilocybin therapy in conjunction with SSRI use.

The study revealed that selective serotonin reuptake inhibitors (SSRI) - the most commonly prescribed antidepressants - combined with psilocybin treatment do not interfere with psilocybin’s therapeutic effect.

Photo: Courtesy of Daniel Reche from Pexels

Posted In: depressionGuy GoodwinPsilocybinSermoCannabisNewsSmall CapMarkets

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.