STOCK TITAN

Mira Pharma - MIRA STOCK NEWS

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

Overview

Mira Pharmaceuticals Inc (NASDAQ:MIRA) is a preclinical-stage pharmaceutical development company dedicated to advancing innovative therapies for a wide spectrum of neurological and neuropsychiatric disorders. With a targeted focus on neuroscience, the company is developing two major drug candidates: a novel oral ketamine analog, Ketamir-2, and an oral pharmaceutical marijuana analog, MIRA-55.

Innovative Drug Candidates

Ketamir-2: This oral ketamine analog is engineered to combat neuropathic pain, treatment-resistant depression, and other neuropsychiatric conditions. Its unique mechanism of action focuses on selective inhibition of the NMDA receptor at the PCP-binding site with a reduced affinity compared to traditional ketamine. This selective binding potentially minimizes psychotropic side effects such as dissociation and hallucinations while ensuring improved oral bioavailability and enhanced brain penetration through non-interaction with P-glycoprotein (P-gp).

MIRA-55: The company is also developing an innovative oral formulation of a pharmaceutical marijuana analog aimed at treating neuropathic pain, anxiety, and cognitive decline often seen in early-stage dementia. Its development is supported by rigorous preclinical studies that highlight a favorable safety profile and a potentially improved efficacy compared to traditional compounds in this space.

Scientific and Clinical Focus

Leveraging strong preclinical data, Mira Pharma emphasizes the design and optimization of drug formulations that demonstrate both safety and efficacy. Their research indicates that Ketamir-2, with its exclusive mechanism and elevated bioavailability, could offer a more consistent therapeutic effect at lower doses. The company is also focused on developing improved formulations, such as the Ketamir-2 Pamoate salt, intended to enhance pharmacokinetic profiles and patient compliance.

Regulatory and Developmental Milestones

Mira Pharma’s robust preclinical studies have paved the way toward submitting an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA). The firm’s strategic roadmap includes planned Phase I clinical trials to evaluate safety, pharmacokinetics, and tolerability in healthy volunteers, followed by proof-of-concept studies in patients suffering from neuropathic pain and other targeted conditions. This structured clinical development approach underlines their commitment to transforming novel preclinical insights into practical, safe treatment options.

Market Position and Competitive Landscape

Operating within the competitive realm of pharmaceutical innovation, Mira Pharma differentiates itself by focusing on non-opioid alternatives and compounds with a cleaner pharmacological profile. Their pioneering approach in developing selective NMDA receptor modulators and leveraging enhanced oral drug delivery mechanisms set them apart from traditional therapies. Although still in the preclinical stage, their work is aimed at addressing significant unmet medical needs in neurological and neuropsychiatric therapy markets.

Research, Expertise, and Future Considerations

Mira Pharma is anchored by a team of experienced researchers and industry veterans who blend deep scientific expertise with strategic regulatory planning. Their rigorous preclinical research underscores a commitment to scientific excellence and the development of safer, more effective treatment modalities. The company’s unbiased and evidence-based approach ensures that each clinical development milestone is built on robust data, reflecting a high degree of authoritativeness and trustworthiness in its scientific communications.

Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.41%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20%
Tags
none
-
Rhea-AI Summary

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.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
29.77%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
-
Rhea-AI Summary
Dr. Itzchak Angel, a renowned pharmaceutical executive with over 40 years of experience, joins MIRA Pharmaceuticals as the new Chief Scientific Advisor. His expertise in drug development and regulatory approval is expected to accelerate MIRA's research and development pipeline, focusing on novel treatments for neurologic and neuropsychiatric disorders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none
-
Rhea-AI Summary
MIRA Pharmaceuticals, Inc. announced a research collaboration with Pharmaseed to conduct pre-clinical studies on the use of Ketamir for patients with Major Depressive Disorder (MDD) and Post-Traumatic Stress Disorder (PTSD). The studies aim to investigate the antidepressant properties of Ketamir and position it for an initial IND application in 2024. Ketamir is designed to address the challenges presented by MDD and PTSD, offering administration ease and aiming for fewer side effects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
46.02%
Tags
none
Rhea-AI Summary
MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) has released new data from artificial intelligence (AI) simulations that show significant potential advantages of MIRA1a over plant-based medical marijuana in treating anxiety, appetite, and cognition. The simulations, conducted in collaboration with InSilicoTrials, indicate MIRA1a's potential as a superior anti-anxiety treatment with increased cognition and without the appetite increase associated with THC. MIRA1a's predicted ability to initiate a response at three pivotal brain receptors, as well as its unique properties and potential as an intervention for neurological disorders, position it as a promising development in neuropharmacological therapies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.26%
Tags
none
-
Rhea-AI Summary
MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) announced new data showing Ketamir-2's potential to reshape the landscape of depression treatment. The oral bioavailability of Ketamir-2 is predicted to be around 80%, with projections of annual sales reaching $3 billion by 2035, and estimates rising to up to $7.8 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
Tags
none
-
Rhea-AI Summary
MIRA Pharmaceuticals, Inc. (MIRA) will host a shareholder update call on December 5, 2023, to discuss its exclusive licensing agreement for Ketamir-2, a novel oral ketamine analog for depressive disorder treatments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.13%
Tags
conferences
Rhea-AI Summary
MIRA Pharmaceuticals, Inc. (MIRA) revealed groundbreaking insights into the cognitively enhancing effects of MIRA1a in normal mice during a presentation at the University of Louisville. Key findings include the unprecedented cognitive boost of MIRA1a, showcasing its potential in elevating cognitive abilities beyond normal thresholds. Dr. Adam Kaplin's research proposes a revolutionary approach to cognitive impairment treatment, positioning MIRA Pharmaceuticals as a trailblazer in the evolving landscape of psychotropic drug development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.13%
Tags
none

FAQ

What is the current stock price of Mira Pharma (MIRA)?

The current stock price of Mira Pharma (MIRA) is $0.955 as of April 1, 2025.

What is the market cap of Mira Pharma (MIRA)?

The market cap of Mira Pharma (MIRA) is approximately 15.7M.

What is the core focus of Mira Pharmaceuticals?

Mira Pharmaceuticals is focused on developing innovative therapies for neurological and neuropsychiatric disorders, primarily through its pioneering work on a novel oral ketamine analog and a marijuana analog.

What distinguishes Ketamir-2 from traditional ketamine?

Ketamir-2 features a selective mechanism that targets the NMDA receptor at the PCP-binding site with a lower affinity, enhancing safety by reducing common side effects and improving oral bioavailability and brain penetration.

What therapeutic areas are being addressed by Mira Pharma?

The company's research targets a range of conditions including neuropathic pain, treatment-resistant depression, PTSD, and cognitive decline associated with early-stage neurological disorders.

How does Mira Pharma position itself within the competitive landscape?

Mira Pharma differentiates itself by focusing on non-opioid treatments with cleaner pharmacological profiles, leveraging innovative drug delivery systems and preclinical evidence to address significant unmet clinical needs.

What is the significance of the IND application for Mira Pharma?

Submitting an IND application is a crucial step that enables the initiation of clinical trials. This process demonstrates the company's commitment to advancing its preclinical data into human studies and ultimately towards therapeutic approval.

What role does MIRA-55 play in the company’s pipeline?

MIRA-55 is the company’s novel oral pharmaceutical marijuana analog being investigated for the treatment of neuropathic pain, anxiety, and cognitive decline, offering an alternative therapeutic option with a robust safety profile.

How does the company ensure the safety of its drug candidates?

Mira Pharma conducts extensive preclinical safety studies under GLP conditions to evaluate toxicity, pharmacokinetics, and pharmacodynamics. This rigorous research underpins their confidence in moving forward with an IND submission and clinical trials.

What future clinical milestones are anticipated for Mira Pharma?

The company plans to initiate Phase I clinical trials to assess safety and pharmacokinetics, followed by proof-of-concept studies in targeted patient populations, paving the path for potential approval of their innovative therapies.
Mira Pharma

Nasdaq:MIRA

MIRA Rankings

MIRA Stock Data

15.73M
12.89M
23.68%
6.61%
4.26%
Drug Manufacturers - General
Pharmaceutical Preparations
Link
United States
MIAMI