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PsyMed Ventures Newsletter · Dec 19, 2025

Rick Perry on paving the way for Ibogaine in America

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PsyMed Ventures · PsyMed Ventures Newsletter

Welcome back to Business Trip by PsyMed Ventures, a podcast exploring the future of mental and brain health & the startups building it! 🧠

Greg interviews Rick Perry, the former Governor of Texas and former U.S. Secretary of Energy and leading advocate for ibogaine, live at the Real Summit.

In this episode, we discuss:

  • How a former Texas governor moved from strict opposition to drugs to becoming a leading advocate for ibogaine after firsthand experience and veteran outcomes.

  • Ibogaine’s impact on PTSD, opioid addiction, and traumatic brain injury, including Stanford-linked brain imaging data showing functional and structural improvement.

  • How veterans are the proving ground that enabled Texas to commit $50M in public funding for ibogaine clinical trials.

  • Why ibogaine requires intensive medical supervision and why rigorous trials are essential for legitimacy and scale.

  • A vision where ibogaine reshapes addiction treatment, veteran care, and eventually criminal justice and homelessness policy.

Listen to the episode here, on Spotify, or on Apple Podcasts.

Once you’ve finished the episode, we’d love to hear your thoughts! Tweet us at @psymedventures or email us at hi@psymed.ventures to share your views.

P.S. Do you know someone who would enjoy the Business Trip by PsyMed Ventures podcast? Feel free to share this newsletter by clicking the link below and hitting the ❤️ button on this post to help us reach more people on Substack 🙏

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