It's a myth that you need a novel molecule to get a patent on a medicine. A company can develop a formulation of generic, off-patent compounds and get FDA appr

It's a myth that you need a novel molecule to get a patent on a medicine. A company can develop a formulation of generic, off-patent compounds and get FDA approval for that patented formulation. Even old off-patent drugs are often brought back in new, on-patent formulations that can't be sold generically until the expiration of the patents on the formulation that was approved. So even if they used psilocybin, they would get a patent on their formulation and get FDA approval for that formulation.