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LIVE: Gov. Abbott signs $50M ibogaine research bill

Posted

June 11, 2025

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Texas Gov. Greg Abbott signs Senate Bill 2308 which authorizes $50 million to research ibogaine, a psychedelic drug, for its uses in combating addiction, traumatic brain injuries, depression and anxiety. The bill allows Texas to keep 20% of the revenue made from any drugs that are developed and approved during the trial with 25% of those funds going toward programs that assist veterans in Texas.

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LIVETexas Gov Greg AbbottSenate BillTexas FOXDallas-Fort WorthNorth Texas

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LIVE: Gov. Abbott signs $50M ibogaine research bill · Fox 4 Dallas Fort Worth · Sentinel