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Arcadia Medicine is a San Francisco-based biotech developing safe entactogens for mental health disorders. Their lead candidate AM-1002 is a patented non-racemic MDMA formulation that received FDA IND clearance in October 2025 for Phase 1 trials in generalized anxiety disorder. Backed by investors including Sam Altman and Coinbase co-founder Fred Ehrsam.

Development Programmes

3

AM-1002 (Non-Racemic MDMA)

Phase I

Patented non-racemic (enantiopure) MDMA enriched in one enantiomer. Selectively releases serotonin and oxytocin without significant stimulant properties. Non-neurotoxic, shorter session (2-3 hrs vs 4-6), fewer cardiovascular side effects, wider safe dose range. FDA IND cleared Oct 6, 2025. Phase 1 first-in-human planned.

Programme Tracker

Anxiety Disorders

Primary: US (FDA)
Phase IActive

FDA IND cleared October 6, 2025. Phase 1 first-in-human trial planned. No NCT number posted or first-patient-dosed announcement as of April 2026. Gary Riordan (former FDA primary reviewer) leads regulatory.

Milestones

ip-milestone

Completed

Actual: Nov 10, 2022

US Patent Application #20220354822 published for non-racemic MDMA enantiomers. Composition of matter patent covering R-MDMA in enantiomeric excess.

Why it matters: Composition of matter IP provides the strongest possible patent protection for the enantiopure MDMA approach. Differentiates from racemic midomafetamine (Lykos) and positions for regulatory exclusivity.

Funding milestone

Completed

Actual: Jun 1, 2023

$9.25M seed round. Investors include Sam Altman (OpenAI CEO), Fred Ehrsam (Coinbase co-founder), Dylan Field (Figma founder), Apollo Projects, Dimensional Fund Advisors, Hydrazine Capital.

Why it matters: High-profile tech investor backing (Altman, Ehrsam, Field) brings visibility and credibility to a pre-clinical psychedelic company. $9.25M provides runway through Phase 1.

regulatory-milestone

Completed

Actual: Oct 6, 2025

FDA clears IND application for AM-1002 (patented non-racemic MDMA) for Phase 1 first-in-human study. First MDMA-class IND clearance after FDA's August 2024 Complete Response Letter rejecting Lykos's racemic midomafetamine for PTSD.

Why it matters: FDA willingness to clear a new MDMA-type compound IND after the Lykos CRL signals regulatory openness to differentiated MDMA-class compounds. Non-racemic design addresses the cardiovascular and neurotoxicity concerns that contributed to the Lykos adcom failure. Critical proof point for the entire MDMA-class drug development field.

Recorded Events

Oct 6, 2025: regulatory-milestone

Jun 1, 2023: Funding milestone

Nov 10, 2022: ip-milestone

Evidence Links

Arcadia Medicine — Overview

company-website - Arcadia Medicine - Verified

Arcadia Medicine — Team

company-website - Arcadia Medicine - Verified

AM-1004 (Combination Entactogen-Antidepressant)

Pre-clinical

Combination psychoactive-empathogen product designed as mildly entactogenic antidepressant for self-administration — intended as SSRI/SNRI alternative without requiring assisted therapy sessions. Fewer negative side effects than psilocybin therapy, shorter time course.

AM-1006 (Intranasal Low-Dose Psychoactive)

Pre-clinical

Intranasal low-dose psychoactive for substance use disorder. Short-acting, subperceptual design for use in traditional hour-long therapy sessions — not requiring extended multi-hour sessions.

Quick Facts

Type
Private Biotech
Lead Stage
Phase I
Website
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