InMed Pharmaceuticals Inc.INM

$1.49+0.00 (+0.00%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$6M
Micro-cap
-31%
2016 — today
10-Year Price
-100%
2016 — today
52-Week Range
$0.62$3.87
Current $1.49· 27%

InMed Pharmaceuticals Inc. operates as a clinical-stage pharmaceutical firm, concentrating its efforts on the investigation and creation of therapeutic solutions derived from cannabinoids. Its primary product, INM-755, is a cannabinol-infused topical cream that is currently progressing through its second Phase I clinical trial for the management of epidermolysis bullosa. Beyond this lead candidate, the company is also developing INM-088, which is undergoing preclinical studies for glaucoma treatment, and INM-405, intended for pain relief. Its broader development pipeline encompasses cannabinoid-based interventions for a variety of medical conditions, with a particular focus on dermatological and ocular disorders. Furthermore, InMed is involved in critical IND-enabling pharmacology and preclinical toxicology research. It is also pioneering IntegraSyn, an innovative integrated biosynthesis approach designed to produce pharmaceutical-grade cannabinoids efficiently. The company maintains a research partnership with BayMedica Inc. to collaborate on the formulation and assessment of novel cannabinoid therapeutics. Established in 1981, the company is headquartered in Vancouver, Canada. It operated under the name Cannabis Technologies Inc. before officially rebranding as InMed Pharmaceuticals Inc. in October 2014.

Valuation in context

P/E ratio
-0.0
N/A
Not meaningful — company is unprofitable
P/B ratio
0.9
Below average
Below the 10-year average
FCF Yield
-149.3%
Below average
Below the 10-year average
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