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MIRA Pharmaceuticals, Inc. - MIRA STOCK NEWS

Welcome to our dedicated page for MIRA Pharmaceuticals news (Ticker: MIRA), a resource for investors and traders seeking the latest updates and insights on MIRA Pharmaceuticals stock.

MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) is a pre-clinical-stage pharmaceutical development company renowned for its innovative approach to treating neurologic and neuropsychiatric disorders. The company is currently focused on two groundbreaking neuroscience programs: the novel oral pharmaceutical marijuana analog, MIRA-55, and the patent-pending oral ketamine analog, Ketamir-2.

MIRA-55 is under investigation as a potential treatment for anxiety and cognitive decline, particularly linked to early-stage dementia. Unlike traditional THC, which can impair cognitive function, MIRA-55 has shown potential to improve memory significantly without the adverse effects. Recently, the U.S. Drug Enforcement Administration (DEA) concluded that MIRA-55 is not a controlled substance, paving the way for more focused development efforts in the $90 billion neurological and $30 billion cannabis markets.

Ketamir-2 is a novel compound designed to deliver ultra-rapid antidepressant effects, providing hope for those battling treatment-resistant depression (TRD), major depressive disorder with suicidal ideation (MDSI), and post-traumatic stress disorder (PTSD). The DEA has also determined that Ketamir-2 is not a controlled substance, which enhances its development potential. Recent collaborations with Pharmaseed Ltd. and Frontage Laboratories have yielded promising preclinical results, demonstrating Ketamir-2’s efficacy in treating TRD, PTSD, and neuropathic pain. The company aims to submit an Investigational New Drug (IND) Application to the FDA by the end of the year, a significant step toward human clinical trials.

MIRA Pharmaceuticals has partnered with renowned entities such as InSilicoTrials, Pharmaseed Ltd., and Memorial Sloan Kettering Cancer Center to leverage AI and computational simulations in drug development. These strategic collaborations have accelerated the development process, providing robust data on the safety and efficacy of MIRA’s drug candidates.

Under the leadership of CEO Erez Aminov and the newly appointed Chief Scientific Advisor, Dr. Itzchak Angel, the company continues to push the boundaries of neuropharmacology. Dr. Angel brings over 40 years of experience in drug development, having played pivotal roles in advancing several drugs through to clinical trials.

Financial and Market Potential: MIRA Pharmaceuticals represents a significant commercial opportunity in the multi-billion dollar market for neuropharmacological therapies. With a strong pipeline and strategic collaborations, the company is well-positioned to meet the unmet needs of millions suffering from neuropsychiatric disorders.

For more information about their ongoing projects and financial reports, visit www.mirapharmaceuticals.com.

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MIRA Pharmaceuticals (NASDAQ:MIRA) has unveiled new preclinical data on Ketamir-2's principal metabolite, Nor-Ketamir-2. The findings show that Nor-Ketamir-2 selectively interacts with the NMDA PCP site, demonstrating high selectivity and lack of activity on other sites. A new salt, Ketamir-2 Pamoate, and associated formulation were developed to enhance pharmacokinetics and improve brain penetration.

Key advantages over traditional ketamine include:

  • Nearly 100% oral bioavailability of Nor-Ketamir-2
  • Sustained plasma residence and brain penetration
  • Extended therapeutic efficacy
  • Improved safety profile

MIRA is conducting studies for potential indications such as cancer neuropathic pain, chemo-induced depression, and PTSD. The company plans to submit an Investigational New Drug (IND) application by year-end.

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MIRA Pharmaceuticals (NASDAQ:MIRA) has announced positive preclinical data for its novel oral ketamine analog, Ketamir-2, bringing it closer to a potential IND submission this year. The latest findings reveal that Ketamir-2 is a selective inhibitor of the NMDA receptor, specifically interacting at the PCP-binding site with 30-50-fold lower affinity compared to ketamine. This selectivity may lead to reduced side effects and an improved safety profile.

Toxicology studies in rats and dogs have shown no toxicity at high doses, indicating an excellent safety margin. Ketamir-2 also demonstrates pronounced antidepressant and anxiolytic activities at lower doses. The compound's unique selectivity and robust safety data enhance its potential as a transformative treatment for neurological and neuropsychiatric disorders, including depression, treatment-resistant depression, and PTSD.

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MIRA Pharmaceuticals (NASDAQ:MIRA) has announced promising preclinical results for Ketamir-2, its novel oral ketamine analog. The drug shows potential advantages over traditional ketamine for treating neurological and neuropsychiatric disorders. Key findings include:

1. Better brain penetration due to non-interaction with P-glycoprotein
2. Higher oral bioavailability (80% vs. <30% for ketamine)
3. Improved safety profile with no hyper-locomotor activity or mu-opioid receptor interaction
4. Significant anti-depressive and anxiolytic effects in mouse models

MIRA aims to submit an IND application to the FDA by year-end for human testing. The company is also exploring orphan drug indications for conditions like multiple sclerosis-induced depression and Huntington's disease-induced depression.

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MIRA Pharmaceuticals (Nasdaq: MIRA) has announced promising results from preclinical studies of its novel oral pharmaceutical marijuana analog, MIRA-55. The compound, being studied as a potential treatment for anxiety and cognitive decline, showed significant advantages over THC in multiple tests.

Key findings include:

  • Higher efficacy at CB1 and CB2 cannabinoid receptors compared to THC
  • More pronounced and sustained agonist activity as concentration increases
  • Consistent, dose-dependent reduction in anxiety-like behaviors
  • Maintained efficacy across a broader range of doses
  • Promising toxicological profile, indicating potential safer profile for human use

These results confirm MIRA's earlier beliefs about MIRA-55's pharmacological profile and its potential for enhanced potency and efficacy in treating neurological and neuropsychiatric disorders.

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MIRA Pharmaceuticals (NASDAQ: MIRA) has announced promising preclinical results for its oral ketamine analog, Ketamir-2, showing it does not induce hyper-locomotor activity, a psychotic symptom common with traditional ketamine use.

This indicates Ketamir-2 could offer safer mental health treatments. Conducted with Biotrial, the study evaluated Ketamir-2's effects on spontaneous locomotor activity in mice. Unlike traditional ketamine, Ketamir-2 did not trigger hyperlocomotion, suggesting reduced risks of psychotic behaviors and misuse.

MIRA plans to submit an IND application to the FDA by year-end. This development positions Ketamir-2 for broader psychiatric and neurologic applications, potentially reducing healthcare costs for conditions like treatment-resistant depression, which currently costs the U.S. $43.8 billion annually.

Further studies on Ketamir-2's safety and efficacy are ongoing, with potential applications for cancer pain and PTSD.

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MIRA Pharmaceuticals announced positive preclinical results for Ketamir-2, an oral ketamine analog, suggesting it as a potential superior alternative to traditional ketamine for treating depression and treatment-resistant depression (TRD). The study conducted by Pharmaseed revealed that Ketamir-2 showed higher efficacy and safety compared to oral ketamine in male mice, with significant improvements in locomotor activity, reduced anxiety, and antidepressant effects. Unlike ketamine, Ketamir-2 can be administered orally, promising better patient compliance and is not a controlled substance under DEA rules. MIRA plans to submit an Investigational New Drug Application (IND) to the FDA later this year to initiate human trials.

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Mira Pharmaceuticals announced that its novel drug MIRA-55 has been ruled by the DEA as not being a controlled substance. This decision eliminates regulatory barriers for manufacturing, research, and commercialization. MIRA-55, aimed at treating neuropathic pain, anxiety, and cognitive decline, shows promise in enhancing memory and cognitive performance without the adverse effects associated with THC in marijuana. The drug also demonstrates stable anti-anxiety effects and reduced intoxicating effects, providing a significant advantage over traditional cannabis. With access to large neurological and cannabis markets, MIRA-55 represents a promising value for the company.

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MIRA Pharmaceuticals (NASDAQ: MIRA) is in advanced talks with Memorial Sloan Kettering Cancer Center (MSK) to evaluate MIRA's novel oral ketamine analog, Ketamir-2, for cancer-related pain and depression. This collaboration could validate Ketamir-2's potential and expand its application beyond depression and PTSD. MSK currently treats refractory cancer pain with intravenous ketamine, but Ketamir-2 may offer a more convenient oral alternative with higher bioavailability and a better safety profile. The study will compare Ketamir-2's efficacy to traditional ketamine in rodent models. MIRA also collaborates with Pharmaseed to explore Ketamir-2's effects on neuropathic pain. Successful preclinical results could accelerate FDA approval and create non-dilutive funding opportunities. Cancer pain affects 44% of patients, with 31% experiencing moderate to severe pain, and 25% suffering from depression.

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Mira Pharmaceuticals has announced significant advancements in preclinical trials for Ketamir-2, an oral ketamine analog aimed at treating PTSD, depression, and neuropathic pain, including cancer pain. The company plans to submit an Investigational New Drug (IND) application to the FDA by year-end, aiming for human trials in 2025.

In collaboration with Pharmaseed, MIRA is testing Ketamir-2's efficacy in severe PTSD using rat models. Another study with Biotrial will evaluate the drug's locomotor effects in mice. MIRA has also initiated toxicological studies with Frontage Laboratories and improved the manufacturing process to reduce costs.

The potential market for Ketamir-2 is substantial, with PTSD affecting 8 million adults annually in the U.S. and the market for PTSD treatments projected to reach $26 billion by 2031.

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MIRA Pharmaceuticals, Inc. shares updates on the pre-clinical studies of Ketamir-2, a potential treatment for major mental health disorders. Ketamir-2, a novel oral ketamine analog, shows promising results for treatment-resistant depression, major depressive disorder with suicidal ideation, and post-traumatic stress disorder. The compound demonstrates excellent stability in blood, safe metabolism, and optimal protein binding. The company aims to file an IND with the FDA by year-end for human testing.
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FAQ

What is the current stock price of MIRA Pharmaceuticals (MIRA)?

The current stock price of MIRA Pharmaceuticals (MIRA) is $1.06 as of December 20, 2024.

What is the market cap of MIRA Pharmaceuticals (MIRA)?

The market cap of MIRA Pharmaceuticals (MIRA) is approximately 16.9M.

What is MIRA Pharmaceuticals, Inc.?

MIRA Pharmaceuticals, Inc. is a pre-clinical-stage pharmaceutical development company focusing on innovative treatments for neurologic and neuropsychiatric disorders.

What are MIRA Pharmaceuticals' main products?

The main products under investigation are MIRA-55, an oral pharmaceutical marijuana analog for anxiety and cognitive decline, and Ketamir-2, an oral ketamine analog for treating depression, TRD, MDSI, and PTSD.

What recent achievements has MIRA Pharmaceuticals made?

MIRA Pharmaceuticals has received positive results in preclinical studies for both MIRA-55 and Ketamir-2. The DEA has also determined that neither compound is a controlled substance.

Who are MIRA Pharmaceuticals' key partners?

Key partners include InSilicoTrials, Pharmaseed Ltd., Frontage Laboratories, and Memorial Sloan Kettering Cancer Center.

Who leads MIRA Pharmaceuticals?

The company is led by CEO Erez Aminov and Chief Scientific Advisor Dr. Itzchak Angel, who brings over 40 years of experience in pharmaceutical development.

What is the market potential for MIRA Pharmaceuticals?

The company's drug candidates have potential applications in the $90 billion neurological market and the $30 billion cannabis market.

What makes MIRA-55 different from traditional THC?

Unlike THC, MIRA-55 can potentially improve cognitive function without impairing it, making it an attractive option for treating anxiety and cognitive decline.

What are the benefits of Ketamir-2 compared to traditional ketamine?

Ketamir-2 is designed to be delivered orally and has shown potential for ultra-rapid antidepressant effects with fewer side effects compared to traditional ketamine.

What are the future plans for MIRA Pharmaceuticals?

The company plans to submit an Investigational New Drug (IND) Application for both MIRA-55 and Ketamir-2 by the end of the year, paving the way for human clinical trials.

How does MIRA Pharmaceuticals leverage technology in drug development?

MIRA Pharmaceuticals employs AI and computational simulations through partnerships like InSilicoTrials to expedite drug development and increase the precision of therapeutic targeting.

MIRA Pharmaceuticals, Inc.

Nasdaq:MIRA

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MIRA Stock Data

16.89M
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27.21%
5.96%
7.76%
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