RE:3 Hot Biotech Stocks to Watch $DRUG $NRX $BIOVI would be inclined to add PharmAla biotech (Symbol: MDMA or MDXXf) to that list. The company has signed multiple contracts with high profile hospitals and universities (John Hopkins, Harvard, Mount Sinai, University of Texas) to supply MDMA assisted clinical trials in the US. They are the only company suppling the drug and its a USFDA approved version of the drug.