STOCK TITAN

Clearmind Medicine’s FDA-Approved Clinical Trial for CMND-100 Moves Forward as Drug Arrives in the U.S., Advancing Toward Key Milestones

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)

Clearmind Medicine (Nasdaq: CMND) has reached a significant milestone as its drug candidate CMND-100 arrives in the United States, preparing for its FDA-approved Phase I/IIa clinical trial for Alcohol Use Disorder (AUD) treatment.

The clinical trial will evaluate CMND-100, a proprietary MEAI-based oral drug candidate, for safety and efficacy in reducing alcohol consumption. The study will be conducted at prestigious institutions including Yale School of Medicine's Department of Psychiatry, Johns Hopkins University School of Medicine, and IMCA in Ramat Gan, Israel.

The company is targeting a significant market opportunity, as AUD affects over 28 million adults in the U.S., with an estimated global market potential of $35 billion. CMND-100 aims to reduce alcohol consumption and cravings through a novel mechanism of action.

Clearmind Medicine (Nasdaq: CMND) ha raggiunto un traguardo significativo poiché il suo candidato farmaco CMND-100 è arrivato negli Stati Uniti, preparando per il trial clinico di Fase I/IIa approvato dalla FDA per il trattamento del Disturbo da Uso di Alcol (AUD).

Il trial clinico valuterà CMND-100, un candidato farmaco orale a base di MEAI, per la sicurezza e l'efficacia nella riduzione del consumo di alcol. Lo studio sarà condotto in prestigiose istituzioni tra cui il Dipartimento di Psichiatria della Yale School of Medicine, la Johns Hopkins University School of Medicine e IMCA a Ramat Gan, Israele.

L'azienda sta puntando a un'importante opportunità di mercato, poiché l'AUD colpisce oltre 28 milioni di adulti negli Stati Uniti, con un potenziale di mercato globale stimato di 35 miliardi di dollari. CMND-100 mira a ridurre il consumo di alcol e le voglie attraverso un meccanismo d'azione innovativo.

Clearmind Medicine (Nasdaq: CMND) ha alcanzado un hito significativo ya que su candidato a medicamento CMND-100 ha llegado a los Estados Unidos, preparándose para su ensayo clínico de Fase I/IIa aprobado por la FDA para el tratamiento del Trastorno por Consumo de Alcohol (AUD).

El ensayo clínico evaluará CMND-100, un candidato a medicamento oral basado en MEAI, por su seguridad y eficacia en la reducción del consumo de alcohol. El estudio se llevará a cabo en instituciones prestigiosas, incluyendo el Departamento de Psiquiatría de la Yale School of Medicine, la Johns Hopkins University School of Medicine y IMCA en Ramat Gan, Israel.

La empresa está apuntando a una oportunidad de mercado significativa, ya que el AUD afecta a más de 28 millones de adultos en los EE. UU., con un potencial de mercado global estimado en 35 mil millones de dólares. CMND-100 tiene como objetivo reducir el consumo de alcohol y los antojos a través de un novedoso mecanismo de acción.

Clearmind Medicine (Nasdaq: CMND)는 자사의 약물 후보 CMND-100가 미국에 도착하여 알코올 사용 장애 (AUD) 치료를 위한 FDA 승인 1/2a 단계 임상 시험을 준비함에 따라 중요한 이정표에 도달했습니다.

이 임상 시험은 CMND-100, MEAI 기반의 독점 구강 약물 후보의 안전성과 알코올 소비 감소의 효능을 평가할 것입니다. 연구는 예일 의대 정신과, 존스 홉킨스 의대, 이스라엘 라마트 간의 IMCA를 포함한 권위 있는 기관에서 진행될 것입니다.

회사는 AUD가 미국에서 2800만 명 이상의 성인에게 영향을 미치고 있으며, 전 세계적으로 350억 달러의 시장 잠재력이 있는 중요한 시장 기회를 목표로 하고 있습니다. CMND-100은 새로운 작용 메커니즘을 통해 알코올 소비와 갈망을 줄이는 것을 목표로 합니다.

Clearmind Medicine (Nasdaq: CMND) a atteint une étape importante alors que son candidat médicament CMND-100 arrive aux États-Unis, se préparant pour son essai clinique de Phase I/IIa approuvé par la FDA pour le traitement du trouble lié à l'usage de l'alcool (AUD).

L'essai clinique évaluera CMND-100, un candidat médicament oral à base de MEAI, pour sa sécurité et son efficacité dans la réduction de la consommation d'alcool. L'étude sera réalisée dans des institutions prestigieuses, y compris le Département de psychiatrie de la Yale School of Medicine, la Johns Hopkins University School of Medicine et IMCA à Ramat Gan, en Israël.

L'entreprise vise une opportunité de marché significative, car l'AUD touche plus de 28 millions d'adultes aux États-Unis, avec un potentiel de marché mondial estimé à 35 milliards de dollars. CMND-100 vise à réduire la consommation d'alcool et les envies grâce à un mécanisme d'action novateur.

Clearmind Medicine (Nasdaq: CMND) hat einen bedeutenden Meilenstein erreicht, da sein Arzneimittelkandidat CMND-100 in den Vereinigten Staaten angekommen ist und sich auf die FDA-zugelassene Phase I/IIa-Studie zur Behandlung von Alkoholkonsumstörung (AUD) vorbereitet.

Die klinische Studie wird CMND-100, einen proprietären MEAI-basierten oralen Arzneimittelkandidaten, hinsichtlich Sicherheit und Wirksamkeit bei der Reduzierung des Alkoholkonsums evaluieren. Die Studie wird an renommierten Institutionen durchgeführt, darunter die Psychiatrische Abteilung der Yale School of Medicine, die Johns Hopkins University School of Medicine und IMCA in Ramat Gan, Israel.

Das Unternehmen zielt auf eine bedeutende Marktchance ab, da AUD über 28 Millionen Erwachsene in den USA betrifft, mit einem geschätzten globalen Marktpotenzial von 35 Milliarden Dollar. CMND-100 zielt darauf ab, den Alkoholkonsum und die Gelüste durch einen neuartigen Wirkmechanismus zu reduzieren.

Positive
  • FDA approval received for Phase I/IIa clinical trial
  • Partnerships with prestigious research institutions (Yale and Johns Hopkins)
  • Large market opportunity: $35B global AUD treatment market
  • Significant addressable patient population: 28M+ adults with AUD in U.S.
Negative
  • Early-stage clinical trial - no proven efficacy yet
  • No revenue generation at current stage

Insights

Clearmind Medicine has reached a logistical milestone in its clinical development program with CMND-100 arriving in the US for its FDA-approved Phase I/IIa clinical trial for Alcohol Use Disorder. This operational progress keeps their development timeline on track, demonstrating execution capability in advancing their lead asset.

The company is targeting a substantial clinical need with AUD affecting over 28 million adults in the US alone. Their proprietary MEAI-based oral candidate employs a novel mechanism of action focused on reducing alcohol consumption and cravings – potentially differentiating it from existing treatments in this space.

The trial's credibility is enhanced by its planned implementation at prestigious research institutions including Yale and Johns Hopkins. This partnership with leading addiction research centers could strengthen data quality and scientific validation.

While this milestone demonstrates operational progress, investors should recognize this remains an early-stage program. Phase I/IIa trials primarily establish safety parameters and preliminary efficacy signals rather than definitive therapeutic validation. The $35 billion global market opportunity represents significant commercial potential, but multiple clinical hurdles remain before CMND-100 could reach commercialization.

This milestone confirms Clearmind is executing its stated development strategy and maintaining regulatory momentum with an FDA-approved trial design, a positive indicator of operational health for a clinical-stage biotech company.

The arrival of CMND-100 in the United States represents meaningful operational progress for Clearmind Medicine as it prepares to initiate its first-in-human clinical study. In pharmaceutical development, successful logistics and manufacturing completion are critical precursors to clinical execution.

What's particularly notable is Clearmind's strategic positioning in the psychedelic-derived therapeutics space focused on Alcohol Use Disorder – a condition with significant unmet need despite its prevalence. The company is pursuing a differentiated approach with its proprietary MEAI-based compound compared to traditional AUD interventions.

The multi-site trial design spanning major US research institutions (Yale and Johns Hopkins) plus an Israeli center (IMCA) suggests a robust clinical approach. This international, multi-center strategy typically generates more compelling and generalizable data than single-site studies.

From a market perspective, the $35 billion global opportunity in AUD treatments represents substantial commercial potential if efficacy is eventually demonstrated. The addiction treatment landscape has seen innovation, creating opportunity for novel mechanisms like CMND-100.

While this milestone confirms operational execution, it's important to contextualize this within the lengthy pharmaceutical development process. Phase I/IIa studies are early investigations primarily focused on safety assessment with preliminary efficacy signals. Significant clinical, regulatory, and commercial hurdles remain before determining whether CMND-100 could become a viable treatment option for AUD patients.

Vancouver, Canada, March 21, 2025 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the "Company"), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, announced today that its innovative drug candidate, CMND-100, has arrived in the United States following successful manufacturing. This marks a key milestone as the Company prepares to initiate its FDA-approved Phase I/IIa clinical trial for the treatment of Alcohol Use Disorder (AUD), a condition affecting over 28 million adults in the U.S. alone.

CMND-100, a proprietary MEAI-based oral drug candidate, represents a potential breakthrough in AUD treatment, targeting the reduction of alcohol consumption and cravings through a novel mechanism of action. The drug’s arrival in the U.S. keeps Clearmind on track to launch its first-in-human clinical trial.

"This milestone brings us closer to demonstrating CMND-100’s potential as a transformative treatment for Alcohol Use Disorder," said Dr. Adi Zuloff-Shani, CEO of Clearmind Medicine. “With an estimated $35 billion global market opportunity in AUD treatments and limited effective solutions available today, Clearmind is strategically positioned to disrupt the space with a novel, science-backed therapeutic.”

Clearmind’s Phase I/IIa clinical trial, approved by the U.S. Food and Drug Administration (FDA), will assess CMND-100’s safety and efficacy in reducing alcohol consumption. The study will be conducted at two of the leading research institutions in the United States, Yale School of Medicine’s Department of Psychiatry and Johns Hopkins University School of Medicine. The Israeli trial will be conducted at IMCA (Israel Medical Center for Addiction), located in Ramat Gan, Israel.

About Clearmind Medicine Inc.

Clearmind is a clinical-stage psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods or supplements.

The Company’s intellectual portfolio currently consists of nineteen patent families including 31 granted patents. The Company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.

Shares of Clearmind are listed for trading on Nasdaq under the symbol "CMND" and the Frankfurt Stock Exchange under the symbol “CWY0.”

For further information visit: https://www.clearmindmedicine.com or contact:

Investor Relations
invest@clearmindmedicine.com

Telephone: (604) 260-1566
US: CMND@crescendo-ir.com

General Inquiries

Info@Clearmindmedicine.com

www.Clearmindmedicine.com

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses acceptance of psychedelic therapies continuing to grow within the medical community and how building a robust intellectual property portfolio establishes Clearmind as a pioneer and leader in the next generation of treatments for binge behavior. The Company cannot assure that any patent will issue as a result of a pending patent application or, if issued, whether it will issue in a form that will be advantageous to the Company. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F for the fiscal year ended October 31, 2023 filed with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Clearmind is not responsible for the contents of third-party websites.


FAQ

What is the market potential for Clearmind Medicine's CMND-100 drug candidate?

The global market opportunity for CMND-100 in Alcohol Use Disorder treatment is estimated at $35 billion, targeting over 28 million affected adults in the U.S.

Where will Clearmind Medicine (CMND) conduct its Phase I/IIa clinical trials for CMND-100?

The trials will be conducted at Yale School of Medicine, Johns Hopkins University School of Medicine, and IMCA in Ramat Gan, Israel.

What is the purpose of Clearmind Medicine's CMND-100 drug candidate?

CMND-100 is designed to treat Alcohol Use Disorder by reducing alcohol consumption and cravings through a novel mechanism of action.

What stage is Clearmind Medicine's CMND-100 clinical trial currently in?

CMND-100 has arrived in the U.S. and is preparing to begin its FDA-approved Phase I/IIa clinical trial for AUD treatment.
Clearmind Medici

NASDAQ:CMND

CMND Rankings

CMND Latest News

CMND Stock Data

5.85M
4.97M
3.44%
13.98%
5.45%
Biotechnology
Healthcare
Link
Canada
Vancouver