Montana's Senate Bill 535, signed into law in May 2025, establishes a framework for healthcare facilities to become licensed experimental treatment centers. These centers can administer experimental drugs manufactured within Montana that have passed Phase 1 trials. This market resolves to 'Yes' if at least one healthcare facility in Montana receives such a license by EOD Dec 31, 2025. Verification will be based on official announcements from the Montana Department of Public Health and Human Services.

h/t: https://marginalrevolution.com/marginalrevolution/2025/05/montana-bucks-the-fda-establishes-biotech-and-longevity-hub.html