MediciNova, Inc.MNOV

$1.32-0.02 (-1.49%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$65M
Micro-cap
-68%
2016 — today
10-Year Price
-80%
2016 — today
52-Week Range
$1.18$1.88
Current $1.32· 20%

MediciNova, Inc. is a biopharmaceutical firm dedicated to discovering and advancing innovative small molecule therapies for severe illnesses where current treatments are insufficient within the United States. Its robust development pipeline features MN-166 (ibudilast), an oral agent with both anti-inflammatory and neuroprotective properties, currently being investigated for a range of neurological conditions. These include primary and secondary progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and various forms of substance dependence and addiction. The company's portfolio also comprises MN-221 (bedoradrine), a selective beta-2-adrenergic receptor agonist aimed at treating acute asthma attacks; MN-001 (tipelukast), an orally available small molecule designed for fibrotic disorders like nonalcoholic steatohepatitis and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent intended for solid tumor oncology. MediciNova has established strategic partnerships with companies such as Kissei Pharmaceutical Co., Ltd., Kyorin Pharmaceutical Co., Ltd., Angiogene Pharmaceuticals Ltd., and Meiji Seika Kaisha Ltd. Established in 2000, the company's headquarters are situated in La Jolla, California.

Valuation in context

P/E ratio
-5.6
N/A
Not meaningful — company is unprofitable
P/B ratio
1.6
Below average
Below the 10-year average
FCF Yield
-14.6%
Near historic low
Near historic low — last 10 years
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