New Risk • May 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$7.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.5m free cash flow). Share price has been highly volatile over the past 3 months (34% average weekly change). Shareholders have been substantially diluted in the past year (270% increase in shares outstanding). Market cap is less than US$10m (€6.60m market cap, or US$7.68m). Minor Risk Revenue is less than US$5m (US$4.9m revenue). Announcement • May 21
InMed Pharmaceuticals Inc. announced that it expects to receive $290 million in funding from a group of investors InMed Pharmaceuticals Inc. has announced to issue common shares for gross proceeds of $ 290,000,000 on May 19, 2026. The transaction includes new investor participation from Commodore Capital LP, Deep Track Capital, Janus Henderson Investors US LLC, a16z Bio + Health, Venrock Healthcare Capital Partners Fund, L.P., Wellington Management Group LLp, TCG Crossover Management LLC, Blackstone Multi-Asset Investing, BB Biotech AG, Farallon Capital Management L.L.C, RTW Investments, LP, Vivo Capital, Perceptive Advisors and other leading investment management firms. The transaction has received approval by the Board of Directors of both companies and is expected to close in the second half of 2026, subject to certain closing conditions, including, among others, approval by the stockholders of each company, the effectiveness of a registration statement to be filed with the U.S. Securities and Exchange Commission to register the securities to be issued in connection with the proposed and the satisfaction of other customary closing conditions. Announcement • Mar 28
InMed Pharmaceuticals Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Compliance InMed Pharmaceuticals Inc. received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC dated March 27, 2026, notifying it that the closing bid price of the Company's common shares over a period of 30 consecutive trading days was below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) during the February 11, 2026 to March 26, 2026 period. The notice has no immediate impact on the listing of the Company's common shares, which will continue to trade on The Nasdaq Capital Market subject to the Company's continued compliance with the other listing requirements of The Nasdaq Capital Market. In accordance with applicable Nasdaq procedures, the Company has a period of 180 calendar days following the receipt of the written notice mentioned above to cure the deficiency and regain compliance. To regain compliance, the closing bid price of the common shares of the Company must meet or exceed $1.00 per share for at least 10 consecutive business days during the 180-calendar day compliance period. The common shares of the Company will continue to trade under the symbol "INM". The Company intends to monitor the closing share price for its common shares and explore available options to regain compliance. In the event the Company does not evidence compliance with the minimum bid price requirement during the 180-day grace period, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary, to Nasdaq. If it appears to the staff of Nasdaq that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, the Company will not be entitled to an additional 180 calendar days grace period and Nasdaq will provide notice to the Company that its securities will be subject to delisting. If the Company does not regain compliance within the allotted compliance period(s), including any extensions that may be granted by Nasdaq, it is expected that Nasdaq would notify the Company that its common shares are subject to delisting. If the Company is notified by Nasdaq that its securities are subject to delisting, the Company may appeal such determination to a Nasdaq Hearings Panel but the Company's securities would be automatically suspended from trading on Nasdaq pending the completion of the appeal process. There can be no assurance that any such appeal would be successful or that the Company would be able to evidence compliance with the terms of any extension that may be granted by the Panel. Announcement • Mar 23
InMed Pharmaceuticals Announces Positive Data From Human Brain Organoid Neuroinflammation Models Supporting The INM-901 Alzheimer'S Disease Program InMed Pharmaceuticals Inc. announced new preclinical data demonstrating the effects of INM-901 in reducing neuroinflammation in 3D human brain organoid models of Alzheimer's disease. These studies, conducted in collaboration with Stem Pharm Inc. using their proprietary platform of human neuro-immune organoids, represent a key step in translating prior animal model results for INM-901 into a human-relevant system, helping to de-risk the INM-901 program ahead of a first-in-human clinical trial. The in vitro human organoid models represent some of the closest approximations to human brain tissue currently available, incorporating a complex cellular environment relevant to neurodegenerative disease. The organoids are composed of neurons, astrocytes, vascular cells and feature microglia, the brain's resident immune cells, and can be used to bridge the gap between traditional animal models and human clinical trials. INM-901 was evaluated in two distinct human 3D organoid models: a general model of neuroinflammation induced with lipopolysaccharide and interferon-gamma; and, Stem Pharm's proprietary neuroinflammation Alzheimer's disease model with specific features observed in Alzheimer's disease patients. INM-901 demonstrated significant reduction in neuroinflammation in Stem Pharm's lipopolysaccharide-induced model and in their Alzheimer's disease model. A dose-dependent reduction of key pro-inflammatory markers such as IL-6 and IL-8 was seen in both neuroinflammation models. Effects align with prior findings from an in vivo Alzheimer's model and an ex vivo lipopolysaccharide-induced neuroinflammation model. Provides supportive evidence of mechanistic translation from animal models to human tissue systems. The consistency of INM-901's anti-inflammatory effects across in vivo animal models, ex vivo systems and now human 3D brain organoids provide increasing confidence in the compound's potential to translate into clinical benefit in humans with neuroinflammatory conditions. Key datasets impacting anti-neuroinflammation to date: In a long-term mouse model mimicking Alzheimer's disease, INM-901 significantly reduced inflammatory biomarkers interferon-gamma, TNF-alpha, IL-1beta, KC-GRO, IL-2 and neurodegenerative marker neurofilament light chain. INM-901 significantly reduced inflammasome activation and multiple pro-inflammatory cytokines, including NLRP3, IL-1beta, IL-6, IL-2 and KC-GRO in an lipopolysaccharide-induced neuroinflammation ex vivo model, demonstrated anti-inflammatory effects independent of amyloid-beta or tau pathology. Reduction of neuroinflammation in 3D human brain organoid models of Alzheimer's disease. Next steps for the INM-901 program for Alzheimer's disease: Conduct a pre-IND meeting with the U.S. Food and Drug Administration in Third Quarter 2026. Continue to execute on IND-enabling pharmacology and toxicology studies. Continued development and scale-up of drug substance and product manufacturing activities to support IND enabling studies and submission. Engage regulatory/clinical experts in neurodegenerative diseases to map out topline clinical design for first-in-human clinical trials for the INM-901. Subject to regulatory feedback and completion of IND-enabling activities, the company targets submission of an IND and initiation of a Phase 1 clinical trial in 2027. Recent drug development efforts in Alzheimer's disease have largely focused on amyloid plaque and tau pathology, leading to the first disease-modifying therapies in recent years. However, increasing attention is being directed toward neuroinflammation as a key underlying driver of disease progression. Studies presented at the recent global Alzheimer's conferences highlighted the relationship between inflammatory biomarkers and the risk of Alzheimer's disease and other dementias, underscoring the growing importance of targeting inflammation. Current research has demonstrated significant progress in understanding disease mechanisms and clinical interventions, with inflammation emerging as a critical factor influencing long-term patient outcomes. As such, neuroinflammation is increasingly recognized as a strategic therapeutic target for next-generation Alzheimer's treatments. Announcement • Oct 17
InMed Pharmaceuticals Inc. Announces Board Changes InMed Pharmaceuticals Inc. announced the appointment of Mr. John Bathery to its Board of Directors, effective 16 October 2025 . Mr. Bathery brings more than 30 years of experience in the pharmaceutical industry, including over 15 years in corporate development and strategic partnerships. He currently serves as Head of Global Business Development Operations & Externalization at Takeda Pharmaceuticals, where he has overseen pipeline and commercial divestitures, global alliance management, and integration of corporate transactions. Over his career, he has led and closed transactions with financial terms exceeding $60 billion across M&A, licensing, divestments, and collaborations. Mr. Bathery's extensive background in evaluating preclinical and early-stage assets, structuring value-creating partnerships, and leading cross-functional global initiatives will be highly relevant as InMed advances both its INM-901 program for Alzheimer's disease and INM-089 program in Age-related Macular Degeneration toward clinical readiness and explores potential partnerships. Additionally, the Company announced that, due to increasing professional obligations, Mr. Bryan Baldasare has decided to not stand for re-election at the Company's December 18, 2025 Annual General Meeting. Announcement • Sep 24
InMed Pharmaceuticals Inc., Annual General Meeting, Dec 17, 2025 InMed Pharmaceuticals Inc., Annual General Meeting, Dec 17, 2025. Announcement • Jun 27
InMed Pharmaceuticals Inc. announced that it has received CAD 5.000002 million in funding On June 27, 2025, InMed Pharmaceuticals closed the transaction. The company announced that it has issued 1,952,363 of its common shares (or pre-funded warrants in lieu thereof) and short term preferred investment options to purchase up to an aggregate of 1,952,363 common shares, at a purchase price of CAD 2.561 per share (or pre-funded warrant in lieu thereof) and associated short-term preferred investment option in a private placement priced at-the-market under Nasdaq rules for gross proceeds of CAD 5,000,001.643. Announcement • Jun 25
InMed Pharmaceuticals Inc. announced that it expects to receive CAD 5.000002 million in funding InMed Pharmaceuticals Inc. announced that it has entered into definitive agreements with a single institutional investor for the issuance and sale of 1,952,363 of its common shares (or pre-funded warrants in lieu thereof) and short term preferred investment options to purchase up to an aggregate of 1,952,363 common shares, at a purchase price of CAD 2.561 per share (or pre-funded warrant in lieu thereof) and associated short-term preferred investment option in a private placement priced at-the-market under Nasdaq rules for gross proceeds of CAD 5,000,001.643 on June 25, 2025. The securities described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Act") and Regulation D promulgated thereunder and, along with the common shares underlying the short-term preferred investment options sold in the offering, have not been registered under the Act or applicable state securities laws. The offering is expected to close on or about June 25, 2025, subject to the satisfaction of customary closing conditions. Announcement • Feb 15
Inmed Pharmaceuticals Inc. Announces Board and Committee Changes InMed Pharmaceuticals Inc. (the “ Company”), the Company’s shareholders withheld the election of one nominee, Ms. Janet Grove, at the Company’s 2024 Annual General Meeting held on December 18, 2024 (the “ 2024 AGM”), from being appointed as a member of the Company’s Board of Directors (the “ Board”). As a result, Ms. Grove offered her resignation to the Board, and the Company’s Nominating & Governance Committee, in accordance with the Company’s Majority Voting Policy, considered her resignation and ultimately recommended to the Board to accept Ms. Grove’s resignation. On February 10, 2025, the Board elected to accept Ms. Grove’s resignation from the Board, including from her positions as a member of the Compensation Committee and Chair of the Nominating & Governance Committee. The Board intends to initiate a search for an independent director to replace Ms. Grove as soon as reasonably practicable. In the interim, the Board will continue to operate with the remaining four directors, and each committee of the Board will be comprised of the three independent directors who were re-appointed for directorship at the 2024 AGM. The Board Chair will assume the role of Chair of the Nominating & Governance Committee. Ms. Grove’s resignation was not the result of any dispute or disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company. The Board Chair, Mr. Andy Hull will assume the role of Chair of the Nominating & Governance Committee. Announcement • Jan 22
InMed Pharmaceuticals Inc. Announces Positive Results from A Long-Term in Vivo Preclinical Alzheimer's Disease Study InMed Pharmaceuticals Inc. announced positive results from a long-term in vivo preclinical Alzheimer's Disease ('AD') study. In the study, INM-901 demonstrated a reduction in several plasma and brain markers of neuroinflammation, a recognized contributor to Alzheimer's disease development and progression. Results from the long-term study of INM-901 in a well-characterized Alzheimer's disease model demonstrated the following: Improved cytokine profile -. INM-901 treated groups showed a dose-dependent and statistically significant reduction in plasma pro-inflammatory cytokines such as TNF-a, IL-1ss and INF-g. Cytokine networks, when deregulated, may contribute to tissue inflammation. Reduction in neurodegeneration biomarker -. INM-901 demonstrated a dose- dependent and statistically significant reduction in neurofilament light chain ('NfL') in the plasma for the high dose treated group. NfL is a protein that is released from neurons in response to injury or disease. NfL levels are used to assess cellular damage in neurodegenerative disease. Study supported by mRNA data. mRNA assessments showed a reduction of several key neuroinflammatory genes in the brain, such as GFAP, CD-33 and TLR-2, further supporting the overall results from the study. INM-901: Program Summary to date. INM-901 is a proprietary small molecule drug candidate for Alzheimer's disease with potentially multiple mechanisms of action. Key characteristics of INM-901 include: demonstrates reduced neuroinflammation and improved neurite growth and neuronal function, indicating the potential to restore damage caused by Alzheimer's disease; is a preferential signaling agonist of the CB1/CB2 receptors and has been shown to have neuroprotective effects, helping protect the neurons in the brain from damage and cell death; impacts the peroxisome proliferator-activated receptors ("PPARs"), which have been shown to play an important role in diabetes and are also considered as one of the potential therapeutic targets for neurodegenerative disorders such as Alzheimer's disease; can be administered orally and achieve therapeutic levels in the brain comparable to those obtained through intraperitoneal injection, offering many potential advantages over routes of administration of the currently approved products; and demonstrates significant improvement in cognitive function, memory, locomotor activity, anxiety-based behavior and sound awareness in long-term preclinical behavioural studies. Reported Earnings • Nov 17
First quarter 2025 earnings released: US$2.71 loss per share (vs US$15.24 loss in 1Q 2024) First quarter 2025 results: US$2.71 loss per share (improved from US$15.24 loss in 1Q 2024). Revenue: US$1.26m (up 40% from 1Q 2024). Net loss: US$1.68m (loss narrowed 34% from 1Q 2024). Board Change • Nov 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 2 highly experienced directors. President, CEO & Director Eric Adams is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Oct 22
InMed Pharmaceuticals Inc. Announces the Appointment of Dr. Barry Greenberg to Its Scientific Advisory Board InMed Pharmaceuticals Inc. announced the appointment of Dr. Barry Greenberg to its Scientific Advisory Board. Dr. Greenberg is the Director of the Alzheimer's Disease Translational Center and an Associate Professor in the Department of Neurology at the Johns Hopkins University School of Medicine. Barry Greenberg is an Associate Professor in the Department of Neurology and Director of the
Alzheimer's Disease Translational Center at the Johns Hopkins University School of Medicine. Dr. Greenberg has been involved in Alzheimer's disease ("AD") research and drug discovery since 1985, holding a series of positions internationally in the US, Sweden and Canada. He was part of a drug discovery team at AstraZeneca leading over 50 individuals from eight departments. He later led the preclinical biology research program at Neurochem Inc. in Québec as Senior Director of Pharmacology. Dr. Greenberg moved to the University Health Network in Toronto in 2008, as Director of Neuroscience Drug Discovery and Development, where he was responsible for the conceptualization and leadership as Strategy Director of the Toronto Dementia Research Alliance, a collaborative alliance across five research institutes. Additionally, he served as Chair of the National Institute on Aging's international committee, which was charged with strategizing the future structure of the Alzheimer's Disease Research Center ("ADRC") network. Dr. Greenberg moved to Johns Hopkins in 2018 to lead the development of an AD Translational Center, with the objective of integrating basic and clinical research to enable the development of effective therapies that will delay or prevent AD at its earliest stages. He has been involved with the Johns Hopkins ADRC since that time, as a member of its Executive Committee and Co-Leader of its Research Education Component. He serves on several committees and advisory boards for NIA-funded initiatives focused on genetics, model development and clinical trials in AD, and is Editor-in-Chief of the journal "Alzheimer's & Dementia: Translational Research and Clinical Interventions". New Risk • Oct 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$7.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.0m free cash flow). Share price has been highly volatile over the past 3 months (92% average weekly change). Shareholders have been substantially diluted in the past year (168% increase in shares outstanding). Market cap is less than US$10m (€1.91m market cap, or US$2.11m). Minor Risk Revenue is less than US$5m (US$4.6m revenue). Reported Earnings • Oct 01
Full year 2024 earnings released: US$1.01 loss per share (vs US$3.25 loss in FY 2023) Full year 2024 results: US$1.01 loss per share (improved from US$3.25 loss in FY 2023). Revenue: US$4.60m (up 11% from FY 2023). Net loss: US$7.68m (loss narrowed 3.4% from FY 2023). Announcement • Sep 27
InMed Pharmaceuticals Inc., Annual General Meeting, Dec 18, 2024 InMed Pharmaceuticals Inc., Annual General Meeting, Dec 18, 2024. Announcement • Jun 28
InMed Pharmaceuticals Inc. has filed a Follow-on Equity Offering in the amount of $1.03019 million. InMed Pharmaceuticals Inc. has filed a Follow-on Equity Offering in the amount of $1.03019 million.
Security Name: Common Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Reported Earnings • May 15
Third quarter 2024 earnings released: US$0.18 loss per share (vs US$0.60 loss in 3Q 2023) Third quarter 2024 results: US$0.18 loss per share (improved from US$0.60 loss in 3Q 2023). Revenue: US$1.17m (up 13% from 3Q 2023). Net loss: US$1.72m (loss narrowed 14% from 3Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Pharmaceuticals industry in Germany. Announcement • Apr 05
InMed Pharmaceuticals Inc. Announces Additional Preclinical Data Demonstrating INM-901'S Positive Pharmacological Effects in the Potential Treatment of Alzheimer's Disease InMed Pharmaceuticals Inc. announced additional preclinical data demonstrating INM-901's positive pharmacological effects in the potential treatment of Alzheimer's disease ("AD"). The recent results demonstrating pharmacological effects in vivo disease models continue to validate INM-901 as a potential treatment of AD. The development of INM-901 may address several pathological factors including neuroinflammation, neuroprotection and neuritogenesis. Several preclinical studies were conducted in well-characterized AD models. A summary of recent INM-901 preclinical study results includes: INM-901 is a preferential signaling agonist of the CB1/CB2 receptors and impacts the PPAR signaling pathway. INM-901 demonstrates reduced neuroinflammation and improved neuronal function. INM-901 mRNA data supports the observations made in the previously released behavior studies in locomotor activity, cognition and memory. Previous studies of INM-901 showed the potential to target several biological pathways associated with AD, including neuroprotection to the differentiated neuronal cells from beta-amyloid peptide-induced toxicity and improvement of neuronal function via extension of neurite length, a potential breakthrough in the treatment of AD. The role of CB1, CB2 and PPAR in the treatment of Alzheimer's. CB1 and CB2 receptors are both part of the endocannabinoid system and are found throughout the body, including in the brain. CB1 receptors are primarily located in the central nervous system, particularly in areas involved in memory, cognition and motor function, while CB2 receptors are involved in modulating neuroinflammation and immune responses. Activation of CB1 and CB2 receptors has been shown to have neuroprotective effects, meaning they can help protect brain cells from damage and death. In AD, where neuronal death is a hallmark feature, enhancing the activity of these receptors may help to slow down the progression of the disease. Activation of these receptors and other cellular receptors has also been shown to have an impact on neuroinflammation. As neuroinflammation is also believed to contribute to the progression of AD, targeting these receptors could help alleviate this inflammatory response. Several large pharmaceutical companies such as Eli Lilly, Roche, AbbVie, Eisai and Biogen lead research and commercialization efforts in AD drug development. Reported Earnings • Feb 14
Second quarter 2024 earnings released: US$0.18 loss per share (vs US$0.91 loss in 2Q 2023) Second quarter 2024 results: US$0.18 loss per share (improved from US$0.91 loss in 2Q 2023). Revenue: US$1.24m (up 164% from 2Q 2023). Net loss: US$1.48m (loss narrowed 30% from 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Pharmaceuticals industry in Germany. Announcement • Nov 30
Inmed Pharmaceuticals Inc. Announces the Launch of Inm-089 InMed Pharmaceuticals Inc. announced the launch of INM-089, a Cannabinoid analog, to investigate its effects in the treatment of Age-related Macular Degeneration. INM-089 is the company's second ocular pharmaceutical program. Results from a study, conducted under a collaborative research agreement with leading cannabinoid expert Dr. Mauro Maccarrone at the Universita degli Studi dell'Aquila (Italy), demonstrated that INM-089 preserved retinal function in an in vivo AMD disease model. Furthermore, in this model, treatment with INM-089 also improved the thickness of the outer nuclear layer ("ONL") of the retina where the photoreceptors are located. Based on widely accepted ocular research, there is a very strong correlation between the thickness of the ONL, photoreceptor preservation and visual acuity. Several CBN analog structures were screened in vitro and in vivo models to select the most appropriate candidate for continued development. InMed selected a specific CBN analog that outperformed its natural cannabinoid counterpart and demonstrated promising effects related to the treatment of AMD. From previous ocular research of the parent, naturally occurring cannabinoid CBN, the Company discovered its ability to proactively protect the nerve cells at the back of the eye in the retinal area, potentially preserving retinal function and vision in preclinical models. The results of this discovery led the Company to investigate optimization of the CBN molecule to better target AMD, resulting in the proprietary CBN analog, INM-089. AMD is the most common cause of vision loss and potential blindness in people over 50 years of age and globally affects about 35% of people 75 years and older. AMD affects the central vision, and the ability to see fine details. In AMD, a part of the retina called the macula is damaged. The two primary types of age-related macular degeneration are atrophic (non-exudative or "dry") AMD and neovascular (exudative or "wet") AMD. Wet AMD (approximately 10% of patients) is a more severe form of AMD and is characterized by neovascularization (i.e., development of excess vasculature), which can rapidly lead to blindness. In its early stages, AMD may have no signs or symptoms; therefore, most people do not know they have the disease until it is well developed. Currently, there is no cure for AMD; however, there are treatment options that may prevent or slow the progression of the disease. If AMD remains untreated, patients are likely to lose central field vision in the affected eye within 24 months of disease onset. InMed is developing a pipeline of rare cannabinoids and cannabinoid analogs across a spectrum of therapeutic applications with large unmet medical needs. pharmaceutical programs include a recently completed Phase 2 clinical trial studying the safety and efficacy of INM-755 cream for epidermolysis bullosa and preclinical programs in ocular and neurodegenerative diseases. Announcement • Nov 04
InMed Pharmaceuticals Inc. Announces Presentation of INM-755 Phase 2 Clinical Study Results at 12th World Congress on Itch (WCI) 2023 InMed Pharmaceuticals Inc. announced that an abstract describing the Phase 2 clinical study of investigational drug INM-755 Cannol ("CBN") cream for the treatment of symptoms in patients with epidermolysis bullosa ("EB"), a rare genetic skin disease, has been accepted as an oral presentation at the 12th World Congress on Itch (WCI), being held in Miami on November 5-7, 2023. The Phase 2 study was designed to evaluate the safety of INM-755 CBN cream, which consists of the control cream plus the active pharmaceutical ingredient CBN, and obtain preliminary evidence of efficacy in treating symptoms and healing wounds over a 28-day period in patients with EB. All four subtypes of inherited EB, including EB Simplex, Dystrophic EB, Junctional EB, and Kindler Syndrome were accepted into the study. The study used a within-patient, double-blind design whereby matched index areas were randomized to INM-755 CBN Cream or to control cream. The data showed a positive indication of enhanced anti-itch activity for INM-755 Cannol cream versus the control cream alone. Announcement • Oct 27
InMed Pharmaceuticals Inc. announced that it has received CAD 5.000002 million in funding On October 26, 2023, InMed Pharmaceuticals Inc. closed the transaction. Announcement • Oct 01
InMed Pharmaceuticals Inc. announced delayed annual 10-K filing On 09/29/2023, InMed Pharmaceuticals Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Reported Earnings • Oct 01
Full year 2023 earnings released: US$3.25 loss per share (vs US$33.17 loss in FY 2022) Full year 2023 results: US$3.25 loss per share (improved from US$33.17 loss in FY 2022). Revenue: US$4.14m (up 280% from FY 2022). Net loss: US$7.95m (loss narrowed 57% from FY 2022). Revenue is forecast to grow 59% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Pharmaceuticals industry in Germany. Announcement • Feb 11
InMed Pharmaceuticals Inc. announced delayed 10-Q filing On 02/10/2023, InMed Pharmaceuticals Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Dec 13
InMed Pharmaceuticals Inc. Appoints Jonathan Tegge as Interim Chief Financial Officer InMed Pharmaceuticals Inc. announced the Company has entered into a service contract (the Contract) with Brio Financial Group (Brio) to provide senior financial leadership and bookkeeping services. Pursuant to the Contract, Mr. Jonathan Tegge, a member of Brio, will assume the role of Interim Chief Financial Officer for the Company effective December 12, 2022. Announcement • Nov 22
InMed Pharmaceuticals Inc. announced that it has received CAD 6.000011 million in funding On November 21, 2022, InMed Pharmaceuticals Inc. closed the transaction. Announcement • Nov 19
Inmed Pharmaceuticals Inc. Announces Promotion of Sarah Li to Controller and Principal Accounting Officer InMed Pharmaceuticals Inc. announced that Sarah Li, promoted to Vice President of Accounting and Controller and Principal Accounting Officer. Ms. Li has served as the Company’s controller since January 2020. Prior to that, she was Controller of GoldMining Inc. from March 2017 until September 2019. Announcement • Nov 18
Inmed Pharmaceuticals Inc. Provides Update on Management Changes InMed Pharmaceuticals Inc. announced that Ms. Brenda Edwards will be transitioning out of her position as interim Chief Financial Officer at the Company effective November 20, 2022. Ms. Edwards joined the Company in an interim contract role to assist the Company with financial reporting matters following the retirement of the Company’s former Chief Financial Officer in March 2022. Announcement • Nov 17
InMed Pharmaceuticals Advances Neurodegenerative Disease Program with Natural Sciences and Engineering Research Council of Canada Alliance Grant Funding InMed Pharmaceuticals Inc. announced the launch of its neurodegenerative disease program (INM-900 series), which will be investigating the effects of cannabinoid analogs in diseases such as Alzheimer's, Huntington's and Parkinson's. In research conducted to date, InMed has identified two cannabinoid analogs demonstrating promising effects related to the treatment of neurodegenerative diseases, warranting further investigation in vivo studies. InMed will be conducting studies using in vivo models in neurodegenerative disease to select the most appropriate candidate for clinical studies. Early preclinical efficacy readout is expected in the second quarter of 2023. In addition, Dr. Ujendra Kumar of the faculty of Pharmaceuticals Sciences at UBC has been awarded an Alliance grant from NSERC, with InMed as the named industry partner. The funding will support the research and development studies of InMed's cannabinoid pharmaceutical candidates, investigating their potential therapeutic effects in neurodegenerative diseases. The collaboration project is entitled "Pharmacological characterization of phytocannabinoids and the endocannabinoid system." In December 2021, InMed filed an international patent application demonstrating neuroprotection and enhanced neuronal function using rare cannabinoids and analogs for the potential treatment of neurodegenerative diseases such as Alzheimer's Disease, Parkinson's Disease, Huntington's Disease and others. The patent specifies such compounds that may inhibit or slow the progression of neurodegenerative diseases by providing neuroprotection in a population of affected neurons. Why pursue cannabinoid analogs?:Unlike natural cannabinoids isolated from the plant which are not patentable, these cannabinoid analogs are patentable. Benefits may include: Targeting certain physiological outcomes in specific diseases; Improving upon the safety profile of the natural cannabinoids; Enhancing the ability to integrate with specific delivery technologies; and Protecting the long-term research investment and commercial opportunities. Announcement • Sep 30
InMed Pharmaceuticals Inc., Annual General Meeting, Dec 15, 2022 InMed Pharmaceuticals Inc., Annual General Meeting, Dec 15, 2022. Announcement • Sep 20
InMed Pharmaceuticals Inc. to Report Fiscal Year 2022 Results on Sep 23, 2022 InMed Pharmaceuticals Inc. announced that they will report fiscal year 2022 results at 9:30 AM, US Eastern Standard Time on Sep 23, 2022 Announcement • Sep 14
InMed Pharmaceuticals Inc. announced that it has received $6.000007 million in funding On September 13, 2022, InMed Pharmaceuticals Inc. closed the transaction. The transaction involved participation from accredited investors. One investor agreed to cancel preferred investment options to purchase up to an aggregate of 421,331 common shares. Announcement • Sep 10
InMed Pharmaceuticals Inc. announced that it expects to receive $6.000007 million in funding InMed Pharmaceuticals Inc. announced that it has entered into a securities purchase agreement with two healthcare-focused institutional investors for a private placement of 691,245 common shares at an issue price of $8.68 per share for gross proceeds of $6,000,006.6 on September 9, 2022. The transaction is expected to close on or about September 13, 2022, subject to the satisfaction of customary closing conditions. The company will also issue preferred investment options to purchase up to an aggregate of 1,382,490 common shares at an exercise price of $8.44 per share exercisable immediately upon issuance and will expire seven years from the date of issuance. The unregistered common shares, pre-funded warrants and investment options sold in the offering described above were
offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended and Regulation D promulgated thereunder and, along with the common shares underlying the pre-funded warrants and investment options, have not been registered under the Act or applicable state securities laws Board Change • Aug 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Andy Hull was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Aug 10
InMed Pharmaceuticals Inc. Appoints Nicole Lemerond to Its Board of Directors InMed Pharmaceuticals Inc. announce the appointment of Nicole Lemerond to its Board of Directors, effective immediately. Nicole Lemerond is a financial executive with over 25 years of experience in investment management, private equity, investment banking and leveraged finance. She has significant experience executing complex transactions, managing diligence processes, raising capital and structuring balance sheets. Throughout her career, Ms. Lemerond has worked with public and private company management teams and boards to increase stakeholder value. She established and led healthcare groups at leading investment firms and has also worked at several large financial institutions, including Lehman Brothers and The Carlyle Group. Ms. Lemerond holds a Bachelor of Science degree from Cornell University and is a CFA charterholder. Contemporaneous with Ms. Lemerond’s appointment, Adam Cutler has decided to transition off the Board of Directors. Mr. Cutler has served on the Board since 2015, during which time his financial and healthcare expertise has been instrumental in advancing the strategic initiatives of the Company. Over the years, Mr. Cutler has served as Chair of the Audit Committee as well as a member Governance and Nomination Committee. Ms. Lemerond will replace Mr. Cutler as a member of the Audit Committee and as a member of the Governance and Nomination Committee. Announcement • Jul 26
InMed Pharmaceuticals Inc. Provides an Update on Its Phase 2 Clinical Trial InMed Pharmaceuticals Inc. provided an update on its Phase 2 clinical trial using investigational drug INM-755 cannabinol ("CBN") cream for the treatment of patients with epidermolysis bullosa ("EB"). Adolescent patients now eligible to participate in clinical trial. Based on the safety data of the first five adult patients who completed the Phase 2 study, an independent Data Monitoring Committee ("DMC") agreed it is safe to allow the enrollment of adolescent patients with EB, defined as persons aged twelve to seventeen, into InMed's Phase 2 clinical trial evaluating INM-755 CBN cream for the treatment of EB. The first adult patient was enrolled in December 2021 and, to date, nine patients have been enrolled in the study. The inclusion of adolescents will have a positive impact in the enrollment rate for the remainder of the clinical trial.First adolescent patient enrolled into clinical trial With the DMC approval to enroll adolescent patients into InMed's INM-755 Phase 2 clinical trial, the first adolescent patient with EB has been enrolled into the clinical trial and has completed treatment at the clinical site in Greece. Patent granted in Japan: InMed has recently been granted a patent for the use of CBN in the treatment of EB in Japan. This patent allows for the use of topically administered CBN in patients with epidermolysis bullosa simplex (EBS). The Company's overall patent strategy is tocontinue to prosecute patent applications in other jurisdictions including Europe and the United States. Eight clinical trial sites fully activated: InMed's Phase 2 clinical trial now has eight clinical trial sites fully activated to screen and enroll patients. Two more sites are expected to be fully activated soon. The clinical trial is taking place in seven countries including Austria, Germany, Greece, France, Italy, Israel and Spain. The planned clinical site in Serbia will not be participating in the study due to staffing capacity issues related to the ongoing impact of the COVID-19 virus. Announcement • Jul 19
InMed Pharmaceuticals Inc. Announces Michael Woudenberg Has Been Appointed Chief Operating Officer InMed Pharmaceuticals Inc. announced Michael Woudenberg has been appointed Chief Operating Officer of the Company, overseeing all day-to-day operations. Mr. Woudenberg was previously Senior Vice President of Chemistry, Manufacturing and Controls. Mike has been an integral part of the executive team for the last four years, supporting multiple functions within the organisation. Prior to joining InMed, Mike had over 20 years of successful drug development, process engineering, GMP manufacturing and general management experience at all levels of various companies. Mike's intimate knowledge of the Company's operations and extensive leadership experience make him an ideal candidate to oversee operations and support the long-term strategic growth of the Company. He will continue to report to Eric A. Adams, InMed President and CEO. Announcement • Jul 13
InMed Pharmaceuticals Receives Nasdaq Notification Regarding Minimum Bid Price Compliance InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a research, development, manufacturing corporation specializing in the commercialization of rare cannabinoids, announces that, as previously disclosed pursuant to a Form 8-K filed with the Securities Exchange Commission on June 21, 2022, the Company received written notice from the listing qualifications department staff of The Nasdaq Capital Market (“Nasdaq”) notifying it that the closing bid price of the Company’s common shares over a period of 30 consecutive trading days was below the minimum $1.00 per share requirement for continued listing on the Nasdaq under Nasdaq Listing Rule 5550(a)(2). In accordance with applicable Nasdaq procedures, the Company has a period of 180 calendar days following the receipt of the written notice mentioned above to cure the deficiency and regain compliance. The notice has no immediate impact on the listing of the Company’s common shares, which will continue to trade on the Nasdaq subject to the Company’s continued compliance with the other listing requirements of the Nasdaq. The common shares of the Company will continue to trade under the symbol “INM”. The Company intends to monitor the closing share price for its common shares and explore available options to regain compliance. Announcement • Jun 23
InMed Pharmaceuticals Inc. Receives Written Notice from the Listing Qualifications Department Staff of the Nasdaq Capital Market On June 17, 2022, InMed Pharmaceuticals Inc. received written notice from the listing qualifications department staff of The Nasdaq Capital Market (“Nasdaq”) notifying it that the average closing bid price of the Company’s common shares over a period of 30 consecutive trading days was below the minimum $1.00 per share requirement for continued listing on the Nasdaq under Nasdaq Listing Rule 5550(a)(2). In accordance with applicable Nasdaq procedures, the Company has a period of 180 calendar days following the receipt of the written notice mentioned above to cure the deficiency and regain compliance. The notice has no immediate impact on the listing of the Company’s common shares, which will continue to trade on the Nasdaq subject to the Company’s continued compliance with the other listing requirements of the Nasdaq. The common shares of the Company will continue to trade under the symbol “INM”. The Company intends to monitor the closing share price for its common shares and explore available options to regain compliance. In the event the Company does not evidence compliance with the minimum bid price requirement during the 180-day grace period, it is expected that Nasdaq would notify the Company that its common shares are subject to delisting. At such time, the Company may appeal such determination to a Nasdaq Hearings Panel (the “Panel”) and it is expected that the Company’s securities would continue to be listed and available to trade on Nasdaq at least pending the completion of the appeal process. There can be no assurance that any such appeal would be successful or that the Company would be able to evidence compliance with the terms of any extension that may be granted by the Panel. Announcement • Jun 15
InMed Pharmaceuticals Inc. Announces Publication of Peer-Reviewed Study Highlighting Potential Role of Rare Cannabinoids THCV, CBC and others on Skin Conditions InMed Pharmaceuticals Inc. announced that a peer-reviewed scientific study entitled "Effects of Rare Phytocannabinoids on the Endocannabinoid System of Human Keratinocytes" has been published in the International Journal of Molecular Sciences. The study, in collaboration with Dr. Mauro Maccarrone, Professor and Chair of Biochemistry at the Department of Biotechnological and Applied Clinical Sciences, University of L'Aquila, Italy, highlights the biological activity of tetrahydrocannabivarin (THCV), cannabichromene (CBC) and other rare cannabinoids and their potential role in addressing various skin conditions. In the peer-reviewed study, researchers analyzed the effects of rare cannabinoids THCV, CBC, cannabigerol (CBG) and cannabigerolic acid (CBGA) on the major endocannabinoid system elements in skin cells. Using a widely recognized in vitro model of human keratinocytes, researchers studied how these cannabinoids interacted with several receptors including cannabinoid receptors and other endocannabinoid system components. In summary, each cannabinoid had distinct biological activity via the endocannabinoid system. In particular, THCV was shown to perform as a cannabinoid receptor 1 (CB1) antagonist and have a high affinity for the human transient receptor potential vanilloid 1 (TRPV1), which is involved in skin sensation, as did CBC albeit to a lesser extent. The results from the study support additional research of these rare cannabinoids for their potential effect on skin conditions. This study represents the first systematic analysis of the effects of the rare cannabinoids THCV, CBC, CBGA and CBG on the major endocannabinoid system elements using human keratinocytes. These initial observations should be considered when exploring the therapeutic potential of rare cannabinoids for the treatment of human skin disease. Announcement • Jun 08
InMed Pharmaceuticals Inc. announced that it has received $1.499999 million in funding On June 6, 2022, InMed Pharmaceuticals Inc. closed the transaction. Announcement • Jun 07
InMed Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $3.500002 million. InMed Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $3.500002 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 1,625,042
Price\Range: $0.858
Discount Per Security: $0.064
Security Name: Pre Funded Warrant
Security Type: Equity Warrant
Securities Offered: 2,454,214
Price\Range: $0.8579
Discount Per Security: $0.064
Transaction Features: Registered Direct Offering Announcement • Jun 03
InMed Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $4.25 million. InMed Pharmaceuticals Inc. has completed a Follow-on Equity Offering in the amount of $4.25 million.
Security Name: Common Shares
Security Type: Common Stock
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 268,985
Price\Range: $1.149796
Transaction Features: At the Market Offering Announcement • May 14
Inmed Pharmaceuticals Inc. Announces Appointment of Bryan Baldasare to Its Board of Directors Effective May 13, 2022 InMed Pharmaceuticals Inc. announced that Mr. Bryan Baldasare has joined the Board of Directors effective May 13, 2022. Mr. Baldasare is awell-roundedbiotech executive with wealth of experience in finance and accounting, financial planning and analysis, treasury management, commercial operations and mergers and acquisitions. Mr. Baldasare spent over 20 years at Meridian Bioscience, most recently as Chief Financial Officer. Announcement • Apr 22
InMed Pharmaceuticals Inc. Cannabidivarin, Expanding its Rare Cannabinoid Portfolio for the Health and Wellness Sector InMed Pharmaceuticals Inc. announced it has launched B2B sales of the rare cannabinoid cannabidivarin to wholesalers, suppliers and end-product manufacturers in the health and wellness sector through its US subsidiary, BayMedica LLC. CBDV is a non-intoxicating rare cannabinoid that has a similar molecular structure to CBD but with two fewer carbon atoms on its sidechain, resulting in important differences in activity. The BayMedica team has curated a collection of scientific research studies on the physiological and potential therapeutic properties of CBDV. CBDV is one of the most studied rare cannabinoids and has been the subject of research in autism, epilepsy, acne, alopecia, inflammatory bowel disease, nausea, and pain. CBDV is also currently being studied in a number of clinical trials including autism, Prader-Willi Syndrome, and attention deficit hyperactivity disorde. BayMedica manufactures rare cannabinoids through novel synthetic methods that ensure reproducible quality and purity. The Company’s products are manufactured under food-grade GMP standards for the health and wellness sector, and are bioidentical to plant-derived compounds. These cannabinoids can be custom formulated for a variety of consumer health and wellness applications including supplements, nutraceuticals, cosmetics and animal health. Utilizing reproducible processes guarantee the purity and consistency of its cannabinoids each and every time. Furthermore, these production methods can be scaled up to meet demand to ensure that clients have an ongoing source of cannabinoids without supply chain concerns. As research continues to identify the unique characteristics of cannabinoids beyond THC and CBD, the use and acceptance of all cannabinoids is poised to grow significantly over the coming months and years. Key indicators that point to significant growth include online analytics, emerging trends in the regulated hemp and marijuana sectors, and R&D among multinational CPGs. Reports such as the December 2021Grand View Research report, that predicts the retail market for rare cannabinoids will reach USD 26 Billion by 2028, adds to the growing body of data. By establishing a reliable supply of these rare cannabinoids at commercial scale, innovative product manufacturers and consumer brands now have the ability to deliver improved and differentiated products via product line extensions and formulations designed to increase the performance of their products. Announcement • Feb 15
InMed Pharmaceuticals Inc. Announces Board Changes InMed Pharmaceuticals Inc. announced the appointment of Ms. Janet Grove to its Board of Directors, effective 11 February 2022. Ms. Janet Grove is a Partner at Norton Rose Fulbright Canada LLP. Contemporaneous with Ms. Grove’s appointment, Catherine Sazdanoff has decided to transition off the Board of Directors for personal reasons. Ms. Sazdanoff has served on the Board since July 2019. Announcement • Feb 11
InMed Pharmaceuticals Inc. to Report Q2, 2022 Results on Feb 15, 2022 InMed Pharmaceuticals Inc. announced that they will report Q2, 2022 results on Feb 15, 2022 Announcement • Jan 20
InMed Launches Cannabicitran (CBT), Expanding Its Rare Cannabinoid Portfolio for the Health and Wellness Sector InMed Pharmaceuticals Inc. announced it has launched B2B sales of the rare cannabinoid cannabicitran (CBT) into the health and wellness sector. CBT is the first of several new product launches planned for the first half of 2022. InMed’s subsidiary, BayMedica, has received initial purchase orders and has commenced commercial sales of the ultra-rare cannabinoid CBT. CBT is the second rare cannabinoid to be launched by BayMedica, which also sells CBC wholesale as a raw ingredient to the health and wellness sector. Additionally, commercial scale production of cannabidivarin (CBDV) is underway, with tetrahydrocannabivarin (THCV) production scheduled to follow shortly thereafter. The Company expects to produce over 100kg of CBDV and THCV in the coming months to meet anticipated initial demand. This emerging market is expected to grow significantly due to the increasing awareness of the potential benefits of cannabinoid-based products. According to the December 2021Grand View Research report, the retail market for rare cannabinoids is expected to reach USD 26 billion by 2028 with a forecasted compounded annual growth rate (CAGR) of >20% during the same period. With the availability of these rare cannabinoids at commercial scale, product manufacturers and consumer brands now have the ability to deliver differentiated products, including augmenting existing CBD-based products, to consumers in the health and wellness marketplace. With flexibility across multiple manufacturing approaches, and its ability to scale up to meet market demand, InMed is well positioned to take advantage of this rapidly growing industry. The Company’s proprietary processes ensure the production of rare cannabinoids with the quality, consistency and purity required for each target market. BayMedica manufactures rare cannabinoids through proprietary synthetic methods that ensure reproducible quality and purity. Its products are produced under food-grade GMP standards, are bioidentical to plant derived compounds and certified by 3rd party laboratories. These cannabinoids can be custom formulated for a variety of consumer health and wellness applications including supplements, nutraceuticals, cosmetics and animal health. Announcement • Jul 03
InMed Pharmaceuticals Inc. announced that it has received $12 million in funding On July 2, 2021, InMed Pharmaceuticals Inc. closed the transaction. The company has received net proceeds of approximately $11,000,000 after deducting the placement agent fees and estimated offering expenses. No securities were issued in Canada or to any resident of Canada. Announcement • Jun 18
Inmed Pharmaceuticals Increases Cannabinoid Yield to 5 G/L with IntegraSyn in Advance of Commercial Scale Production InMed Pharmaceuticals Inc. announced that its continued optimization of IntegraSyn has increased the cannabinoid yield to a level of 5 g/L, further improving the economics of this proprietary manufacturing approach in advance of large-scale production. InMed's cannabinoid yield of 5 g/L significantly exceeds currently reported industry yields. The Company has continued to make important steps to further optimize the IntegraSyn manufacturing process, resulting in the improved yield of 5 g/L, surpassing the company's previously reported yield levels of 2 g/L, an already commercially viable yield. The impact of improved yield is a significant reduction in the overall cost of manufacturing due to greater amount of cannabinoid produced per batch. InMed is now focused on manufacturing scale-up to larger batch sizes in the second half of calendar year 2021. Announcement • Apr 29
InMed Pharmaceuticals Inc. Submits Clinical Trial Applications to Evaluate INM-755 (Cannabinol) Cream in a Phase 2 Trial for Epidermolysis Bullosa InMed Pharmaceuticals Inc. announced that it has filed Clinical Trial Applications (“CTAs”) in Austria, Israel and Serbia as part of a Phase 2 clinical trial of INM-755 (cannabinol) cream in Epidermolysis Bullosa (“EB”). Additional CTAs for 755-201-EB (the ‘201 study) will be submitted to National Competent Authorities (“NCAs”) and Ethics Committees (“ECs”) in France, Germany, Greece, and Italy in the coming weeks. Responses from the NCAs and ECs are expected throughout July and August 2021; timing will vary slightly by country due to differences in local procedures. The ‘201 study is designed to enroll up to 20 patients, conservatively within 10-12 months, and will take place at 10 pre-qualified clinical sites in the above-mentioned countries. All four subtypes of inherited EB, being EB Simplex, Dystrophic EB, Junctional EB, and Kindler Syndrome, are eligible for this study in which InMed will evaluate the safety of INM-755 (cannabinol) cream and its preliminary efficacy in treating symptoms and healing wounds over a 28-day period. The study will use a within-patient, double-blind design whereby matched index areas will be randomized to INM-755 (cannabinol) cream or vehicle cream as a control. Filing CTAs in these countries to the NCAs serve the same purpose as filing Investigational New Drug (“IND”) Applications to the U.S. Food and Drug Administration (“FDA”). The NCAs review the dossier that summarizes all nonclinical and clinical studies conducted to date and quality data regarding the manufacturing of sterile INM-755 (cannabinol) cream in the context of the proposed clinical study. The ECs fulfill the same role as Institutional Review Boards (“IRBs”) in the U.S., focusing their reviews primarily on the protocol, investigator’s brochure, and informed consent documents to assess the ethical and safety aspects of the proposed study. INM-755 is a cannabinol (CBN) cream intended as a topical therapy to treat epidermolysis bullosa (EB) and potentially other dermatological diseases. Preclinical data demonstrate that INM-755 (cannabinol) cream may help relieve hallmark EB symptoms, such as inflammation and pain, as well potentially restore the integrity of the skin in a subset of EB Simplex patients. Phase 1 data in healthy volunteers demonstrated INM-755 (cannabinol) cream to be well-tolerated on both normal, intact skin as well as on open wounds and caused no delay in wound healing. Announcement • Apr 27
InMed Pharmaceuticals Achieves 2G/L Cannabinoid Yield with Integrasyn InMed Pharmaceuticals Inc. (“InMed” or the “Company”) announced that its IntegraSyn™ cannabinoid manufacturing approach has achieved a level of 2g/L cannabinoid yield, a milestone that signals commercial viability and supports advancement to large-scale production in the coming months. For its first application using the IntegraSyn™ approach, InMed set two main objectives to enable a cost-effective solution to cannabinoid production: to achieve a commercially viable yield higher than current industry standards and to lower overall manufacturing costs through process optimization. InMed’s IntegraSyn™ manufacturing approach was able to achieve both objectives. IntegraSyn™ utilizes an enzymatic biotransformation process as a part of an overall integrated cannabinoid manufacturing approach to overcome certain natural yield limitations of traditional biosynthesis for full cannabinoid assembly. Having achieved a 2g/L yield level, InMed will now focus on manufacturing scale-up to larger batch sizes while continuing process and enzyme optimization, targeting increased cannabinoid yield and further reducing the overall cost of goods. In parallel, the Company continues to prepare the manufacturing process to be Good Manufacturing Practice (GMP)-ready for pharmaceutical quality production. The next stage of large-scale production is to produce a batch with a target output of one kilogram of the selected cannabinoid in 2H2021 via a GMP-ready process. Announcement • Feb 17
InMed Pharmaceuticals Inc. announced that it has received $4.4625 million in funding On February 16, 2021, InMed Pharmaceuticals Inc. (TSX:IN) closed the transaction. The company issued 1,050,000 units for gross proceeds of $4,462,500. The company paid placement agent fees and estimated expenses payable by the Company, the Company expects to receive net proceeds of approximately $4.0 million Is New 90 Day High Low • Feb 13
New 90-day high: €4.22 The company is up 40% from its price of €3.02 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is up 11% over the same period. Announcement • Jan 09
InMed Pharmaceuticals Inc. Announces Top-Line Results from Its 755-102-HV Phase 1 clinical trial InMed Pharmaceuticals Inc. announced top-line results from its 755-102-HV Phase 1 clinical trial (Study 102). Results of Study 102 indicate that INM-755 cream was safe and well-tolerated on induced open epidermal wounds, caused no systemic or serious adverse effects, and there were no subject withdrawals due to adverse events. Study 102 was a randomized, double-blind, vehicle controlled, single-center study, in 8 healthy adult volunteers to test the tolerability of 14 days of application of the cream on epidermal wounds under treatment procedures designed to simulate wound care for Epidermolysis Bullosa ("EB") patients with open wounds. Study 102 compared two strengths of INM-755 cream versus the vehicle alone (cream base without the active drug, CBN) and versus no treatment for a total of four treatment conditions. Each subject had 4 small suction blisters created on Day 1. The blister roofs were then pierced, the fluid aspirated, and the roofs were removed to leave open wounds that were randomized (1:1:1:1) to each of the four treatment conditions. The assigned treatment was put on a film dressing which was then applied to the wound and surrounding area. Each treatment was repeated daily, resulting in continuous exposure to the cream and the dressing for 14 days. The subjects were followed for an additional week after the 14-day treatment period. Is New 90 Day High Low • Dec 11
New 90-day low: €2.58 The company is down 19% from its price of €3.20 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Pharmaceuticals industry, which is down 2.0% over the same period.