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InMed Pharmaceuticals Inc

InMed Pharmaceuticals Inc (INM)

0.2875
-0.0158
(-5.21%)
Closed May 29 4:00PM
0.2998
0.0123
(4.28%)
After Hours: 6:51PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.2998
Bid
0.284
Ask
0.2947
Volume
313,540
0.2813 Day's Range 0.319
0.227503 52 Week Range 2.08
Market Cap
Previous Close
0.3033
Open
0.301
Last Trade
20
@
0.2849
Last Trade Time
Financial Volume
$ 92,664
VWAP
0.295542
Average Volume (3m)
517,738
Shares Outstanding
6,056,970
Dividend Yield
-
PE Ratio
-0.22
Earnings Per Share (EPS)
-1.31
Revenue
4.14M
Net Profit
-7.95M

About InMed Pharmaceuticals Inc

InMed Pharmaceuticals Inc is a Canada based pre-clinical stage biopharmaceutical company. The company is engaged in the research and development of novel, cannabinoid-based therapies combined with drug delivery systems. It is focused on the treatment of diseases including pain and inflammation, derm... InMed Pharmaceuticals Inc is a Canada based pre-clinical stage biopharmaceutical company. The company is engaged in the research and development of novel, cannabinoid-based therapies combined with drug delivery systems. It is focused on the treatment of diseases including pain and inflammation, dermatology, Orofacial Pain, Glaucoma, ocular, CNS, respiratory, metabolic diseases, and others. Show more

Sector
Pharmaceutical Preparations
Industry
Security Systems Service
Headquarters
Vancouver, British Columbia, Can
Founded
2014
InMed Pharmaceuticals Inc is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker INM. The last closing price for InMed Pharmaceuticals was $0.30. Over the last year, InMed Pharmaceuticals shares have traded in a share price range of $ 0.227503 to $ 2.08.

InMed Pharmaceuticals currently has 6,056,970 shares outstanding. The market capitalization of InMed Pharmaceuticals is $1.76 million. InMed Pharmaceuticals has a price to earnings ratio (PE ratio) of -0.22.

INM Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0491-14.07280022930.34890.36010.28138946900.32984781CS
40.058824.3983402490.2410.36010.235429860.3061023CS
12-0.0802-21.10526315790.380.47180.2275035177380.32143454CS
26-0.0907-23.22663252240.39050.47180.2275033459480.34032395CS
52-0.9702-76.39370078741.272.080.2275036412340.79212331CS
156-2.6702-89.90572390572.9719.50.2275037748612.79125621CS
260-3.4002-91.89729729733.719.50.2275036806042.84205728CS

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INM Discussion

View Posts
greenwillow greenwillow 2 days ago
It'll pump above and beyond .50

All you gotta do is wait for the next RS:)

Coming soon!
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usaphilippines usaphilippines 1 week ago
Lets see this pump to .50 this week $$$
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Monksdream Monksdream 1 month ago
INM new 52 week low
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ttottip ttottip 2 months ago
Is it worth it to take a position at these levels?
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ttottip ttottip 2 months ago
Silence here!!!
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81vette 81vette 3 months ago
2 insider buys in last 24hrs,quad bottom support,above sma50,3m float,3m o/s,1.3m mkt cap
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TheFinalCD TheFinalCD 3 months ago
$inm InMed Reports Second Fiscal Quarter 2024 Financial Results & Provides Business Update

β€’ Two new preclinical programs in #Alzheimers & #AMD
β€’ Closed CY 2023 with cash position of US$9.5 million
β€’ 164% revenue growth in BayMedica subsidiaryhttps://t.co/CbIahhi2fM$INM pic.twitter.com/t3i61HZo6c— InMed Pharmaceuticals (@inmedpharma) February 13, 2024
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mick mick 5 months ago
https://www.otcmarkets.com/stock/INM
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mick mick 5 months ago
https://www.otcmarkets.com/stock/INM
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mick mick 7 months ago
https://www.otcmarkets.com/stock/INM
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kbaz kbaz 7 months ago
If I trusted MJ tickers this would be it. however had to take a little nibble at $.70... Not much just some old Donut Scam Money to throw here.
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DarkPool DarkPool 7 months ago
Lol you got it went right down. Post the trade so everyone can believe you.
👧 1 🤡 1 🤥 1
Awl416 Awl416 7 months ago
https://www.newsfilecorp.com/release/185121/InMed-Pharmaceuticals-Announces-5.2-Million-Private-Placement-and-Preferred-Investment-Option-Exercise-Priced-AttheMarket-under-Nasdaq-Rules
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alchemytrader alchemytrader 7 months ago
They indeed have a cure. Big pharma wont allow it to be released because there is big money in keeping you medicated than there is for a cure.
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Pt3 Pt3 7 months ago
Found it they raise 5.2m private placement
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Pt3 Pt3 7 months ago
Not a wankers I'm bag 1.2 ....why dropped beside private offering
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TheFinalCD TheFinalCD 7 months ago
post the offering then, and dont be a wanker
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Pt3 Pt3 7 months ago
Are you kidding me lol offering
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TheFinalCD TheFinalCD 7 months ago
.80 AH I dont see any bad news?

so what gives?
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BoilerRoom BoilerRoom 7 months ago
No Sir made nice trade here today. Going to bed now done for the day. Mt XRP is looking good!
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DarkPool DarkPool 7 months ago
Holding another bag. Go figure. Clown you gotta be in it to win it. SMH bro
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TheFinalCD TheFinalCD 7 months ago
ITS NOT RIGHT HOW THEY ALLOW THE BOTS TO WASH TRADE THE MARKETS SO MUCH LIK ETHEY ALLOW

SMH
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trader59 trader59 7 months ago
Robots are wash trading this stock, the O/S has already turned over 24X's on this previously dead stock. You don't do 82M volume on an O/S of 3.3M, that's pure BS. Don't get trapped, they will turn the robots off.
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BoilerRoom BoilerRoom 7 months ago
I think they already have a cure for cancer. Yea I agree what you said. The Government spends too much time and money on destroying things then fixing. Something going to break soon I can feel it.
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Invest-in-America Invest-in-America 7 months ago
INM: Hey, Bro, the USA urgently needs our many BILLIONAIRES to step-up to the plate and begin construction of a, "MANHATTAN-2-PROJECT" --- not to destroy more cities, & everybody in them --- but to destroy all CANCERS, and beyond. Moreover, to FINALLY discover what our Human GENOMES are all about; because the answers about Cancer, Aging, & Death itself are all locked-up in those GENOMES. If Mankind in truth knew ANYTHING about our Human Genomes, there would NOT be a "GERIATRICS" department in any hospital on this ignorant PLANET!!! And cemeteries & funeral parlors would go out of business!!
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BoilerRoom BoilerRoom 7 months ago
Yes, what kills me is when children get cancer. So innocent shouldn’t happen to kids. Shouldn’t happen to anybody but when babies and children get it saddens me
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Invest-in-America Invest-in-America 7 months ago
Heck, EVERYBODY ---at all ages --- worries about that damn Cancer stuff.
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BoilerRoom BoilerRoom 7 months ago
Seems like the cancer medical stocks that drop news always do good.
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Invest-in-America Invest-in-America 7 months ago
THAT one was nuts!!! (Seems these days, we get an HKD-like beast every WEEK!! Not just once per year.)
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BoilerRoom BoilerRoom 7 months ago
Like that runner couple of weeks ago that went up 3000% of course I sold too soon but I held the course almost to 2000%
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Invest-in-America Invest-in-America 7 months ago
INM: Yep! Be some ups-&-downs, but we ALL know the pattern. (That 'Old Timers' brain crap afflicts HUGE numbers of Peeps everywhere. Hopefully this Firm is on to something good.)
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BoilerRoom BoilerRoom 7 months ago
The buys coming in are insane folks just need hold the small dips definitely recovers
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Invest-in-America Invest-in-America 7 months ago
INM: Hope so, Bro!!!!
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BoilerRoom BoilerRoom 7 months ago
$INM Weeeeeeeeeeeee!
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BoilerRoom BoilerRoom 7 months ago
$INM this going to be todays mega runner!
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BoilerRoom BoilerRoom 7 months ago
$INM 500% runner today imo
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TIMGZ TIMGZ 7 months ago
HYPED********WELCOME TO THE NEW NORM
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BoilerRoom BoilerRoom 7 months ago
$INM jumped in
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Invest-in-America Invest-in-America 7 months ago
I.e., it likely will CRASH any second????
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subslover subslover 7 months ago
On September 29, 2023, there were 3,328,191 shares of the registrant’s common stock outstanding.
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Invest-in-America Invest-in-America 7 months ago
INM: Hope it holds, Dude!! (Only a 'Proof of Concept' routine, but 'Old Timers' brain stuff is TRENDING, ya know!!)
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Awl416 Awl416 7 months ago
Don’t blink
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TIMGZ TIMGZ 7 months ago
NON STOP*******
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subslover subslover 7 months ago
nMed Pharmaceuticals Inc.'s INM-901 Demonstrates Unique Pharmacological Effects in Alzheimer's Disease in Preclinical Proof-of-Concept Studies
Newsfile Corp.
Newsfile Corp
In vitro Alzheimer's disease studies show that INM-901 treated groups display neuroprotection and extended neurite length, a potential marker for improved neuronal function
INM-901 treated groups in an in vivo Alzheimer's disease model demonstrate improved behavioral, cognitive and memory outcomes in several Alzheimer's proof-of-concept studies
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2023) - InMed Pharmaceuticals Inc. (NASDAQ: INM) ("InMed" or the "Company"), a leader in the pharmaceutical research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, today announced it has selected a lead Alzheimer's disease drug candidate, named INM-901, following positive results from several proof-of-concept studies in a validated Alzheimer's disease treatment model. InMed will be advancing INM-901, a cannabinoid analog, in its pharmaceutical drug development program.

Based on early in vitro research, INM-901 showed potential to target several biological pathways associated with Alzheimer's, including neuroprotection to the brain neurons from beta-amyloid peptide-induced toxicity and improving neuronal function via extension of neurite length. In addition to these encouraging in vitro testing outcomes, INM-901 demonstrated favorable results in an in vivo preclinical Alzheimer's proof-of-concept model. When compared to the placebo treated Alzheimer's disease group in these preclinical studies, INM-901 treatment groups demonstrated a trend towards improvement in:

cognitive function and memory
locomotor activity
anxiety-based behavior
sound awareness
Planning is underway for the next stage of advanced preclinical studies and will include drug metabolism and pharmacokinetics as well as initiation of pharmaceutical drug development activities such as manufacturing and formulation.

Dr. Eric Hsu, InMed's Senior Vice President of Preclinical Research and Development, stated, "The most recent studies of INM-901 demonstrate promising disease-modifying effects in an Alzheimer's disease treatment model. We are optimistic that the next stage of studies will continue to show how this cannabinoid analog can improve neuronal function, a potential breakthrough in Alzheimer's treatment." Dr. Hsu continued, "Alzheimer's disease patients have had limited treatment options until recently and while there have been advancements in understanding disease pathology, there are major limitations to current therapies. There remains a huge unmet medical need for this progressive disease that takes a major toll on patients and their families."

Candidate selection processEarly research into the neuroprotective effects seen in INM's ocular disease/glaucoma development program (INM-088) led to the screening of multiple cannabinoids against a panel of non-ocular neuron models, including brain neurons. One cannabinoid in particular emerged as a promising candidate for protection against neurodegenerative diseases of the brain. InMed's team developed several analogs of this cannabinoid in an attempt to augment the potential effects seen in these in vitro models. Further screening in several Alzheimer's disease assays identified two analogs that were advanced into in vivo preclinical testing involving a well-established Alzheimer's proof-of-concept model to measure drug impact on several disease characteristics. Based on the results from this battery of preclinical testing, a final candidate has been selected for continued pharmaceutical R&D and now carries the nomenclature INM-901.

Challenges with current treatmentsNewly-approved Alzheimer's disease medications primarily address symptoms related to memory and cognitive function via the reduction of beta-amyloid plaques. Some may slow the rate of cognitive decline, but no treatment has shown to reverse its effects. These medications are aimed at removing amyloid plaque build-up between the neurons in the brain; however, they do not restore or rebuild deteriorating neurons and thus do not reverse Alzheimer's disease progression. In addition, these treatments are related to some significant side effects, including inflammation and bleeding in the brain, some requiring brain scans once or twice a year. Several large pharmaceutical companies such as Eli Lilly, Roche and Eisai/Biogen lead research and commercialization efforts in Alzheimer's disease drug development.

Potential advantages of INM-901 in treating neurological conditionsSeveral in vitro and in vivo studies published by third parties support InMed's finding of the effects of INM-901 in neuronal disorders:

Ability to cross the blood-brain barrier ("BBB"): The blood-brain barrier is the specialized system of brain microvascular endothelial cells that serves to regulate several functions: to shield the brain from toxic substances (including viruses, bacteria and other foreign substances including many drugs); to supply brain tissues with nutrients; and, to filter harmful compounds from the brain back into the bloodstream. Due to its chemical structure, INM-901 is highly lipophilic (dissolves readily in fats, oils and lipids) and can easily cross the BBB, making it a promising drug candidate for pharmaceutical use in the treatment of neurodegenerative disease of the brain.
Targeting several receptor systems: In addition to the endocannabinoid system, INM-901 is capable of targeting multiple receptor systems which may be beneficial as a multi-pronged approach to treating complex diseases of the brain.
Neurodegenerative Disease Program ProgressInMed's latest Alzheimer's disease study outcomes follow several developments in the program:

International patent: InMed has filed several patents, including an international application citing use of rare cannabinoids and analogs for the potential treatment of neurodegenerative diseases such as Alzheimer's disease, Parkinson's disease, Huntington's disease and others. One patent specifies such compounds that may inhibit or slow the progression of neurodegenerative diseases by providing neuroprotection in a population of affected neurons.
Presentation at Canadian Neuroscience Meeting: An InMed sponsored scientific poster, entitled "Cannabinoids modulate cytotoxicity and neuritogenesis in Amyloid-beta-treated neuronal cells," demonstrated the ability of a specific rare cannabinoid to reduce amyloid toxicity and tau protein expression while enhancing neuronal cell growth and neuritogenesis markers in vitro, all considered to be important targets in the potential treatment of neurodegenerative diseases such as Alzheimer's.
About InMedInMed Pharmaceuticals is a global leader in the research, development, manufacturing and commercialization of rare cannabinoids, including clinical and preclinical programs targeting the treatment of diseases with high unmet medical needs. We also have significant know-how in developing proprietary manufacturing approaches to produce cannabinoids for various market sectors. For more information, visit www.inmedpharma.com.

Investor Contact:Colin Clancy
Vice President, Investor Relations
and Corporate Communications
T: +1.604.416.0999
E: cclancy@inmedpharma.com

Cautionary Note Regarding Forward-Looking Information:

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is based on management's current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release includes statements about: the next stages of advanced preclinical studies of INM-901, including drug metabolism and pharmacokinetics as well as the initiation of pharmaceutical drug development activities such as manufacturing and formulation; promising disease-modifying effects in an Alzheimer's disease treatment model; and the next stage of studies which may show how this cannabinoid analog can improve neuronal function.

Additionally, there are known and unknown risk factors which could cause InMed's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. A complete discussion of the risks and uncertainties facing InMed's stand-alone business is disclosed in InMed's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission on www.sec.gov.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

https://images.newsfilecorp.com/files/9540/185014_inmedlogo_200.jpg

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/185014

SOURCE InMed Pharmaceuticals

https://api.newsfilecorp.com/newsinfo/185014/130

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Invest-in-America Invest-in-America 7 months ago
000000000
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Invest-in-America Invest-in-America 7 months ago
INM: 74% EH; news (In Vitro) Pot "Proof of Concept" old timers' fucked-up brain cells;
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Awl416 Awl416 7 months ago
Damn
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Monksdream Monksdream 7 months ago
INM new 52 week low
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Monksdream Monksdream 8 months ago
INM new 52 week low
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Monksdream Monksdream 8 months ago
INM new 52 week low
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