MIND MEDICINE (MINDMED) INC.

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Mind Medicine Gets FDA Clearance for IND Application for Anxiety Treatment

01/25/2022 | 08:02am EDT

By Chris Wack


Mind Medicine Inc. said the U.S. Food and Drug Administration has cleared its investigational new-drug application, allowing the company's Phase 2b dose-optimization trial of MM-120 for the treatment of generalized anxiety disorder to proceed.

The biopharmaceutical company said the previously announced clinical hold on the IND was lifted following its rapid responses for additional information related to the participant monitoring protocol in the coming study.

Mind Medicine said it is working with study investigators and clinical trial sites to prepare for participant enrollment, which is expected to start in early 2022.

Mind Medicine shares were up 16% to $1.08 in premarket trading.


Write to Chris Wack at chris.wack@wsj.com


(END) Dow Jones Newswires

01-25-22 0802ET

All news about MIND MEDICINE (MINDMED) INC.
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05/16TRANSCRIPT : Mind Medicine Inc., Q1 2022 Earnings Call, May 16, 2022
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Financials (USD)
Sales 2022 - - -
Net income 2022 -79,8 M - -
Net cash 2022 73,9 M - -
P/E ratio 2022 -4,07x
Yield 2022 -
Capitalization 327 M 327 M -
EV / Sales 2022 -
EV / Sales 2023 -
Nbr of Employees 41
Free-Float 87,5%
Chart MIND MEDICINE (MINDMED) INC.
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Mind Medicine (MindMed) Inc. Technical Analysis Chart | MNMD | CA60255C1095 | MarketScreener
Technical analysis trends MIND MEDICINE (MINDMED) INC.
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Mean consensus BUY
Number of Analysts 5
Last Close Price 0,77 $
Average target price 6,67 $
Spread / Average Target 762%
EPS Revisions
Managers and Directors
Robert Barrow Chief Executive Officer & Director
Miri Halperin Wernli Executive President & Director
Carol Ann Vallone Chairman
Daniel R. Karlin Chief Medical Officer
Madeline Feldman Director-Administration & Operations
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