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Inmed Pharmaceuticals Stock Price, News & Analysis

INM NASDAQ

Company Description

Company Overview

InMed Pharmaceuticals Inc (INM) is a Canada-based, clinical-stage biopharmaceutical company dedicated to developing novel, proprietary small molecule drug candidates. Leveraging extensive expertise in cannabinoid pharmacology and innovative drug delivery systems, InMed focuses on addressing high unmet medical needs across neurodegenerative, ocular, and dermatological indications. The company operates at the intersection of advanced biotechnology and pharmaceutical innovation, integrating targeted research with a robust patent portfolio to protect its unique therapeutic approaches.

Core Business Areas

At its core, InMed is engaged in the research, development, and manufacturing of pharmaceutical-grade cannabinoids and small molecule analogs. Its pipeline includes candidates designed for the treatment of complex conditions such as Alzheimer’s disease, dry age-related macular degeneration, and epidermolysis bullosa. By emphasizing a multi-faceted approach to drug development, InMed not only explores the therapeutic potential of cannabinoid-based compounds, but also ensures the advancement of its clinical stage programs through meticulous preclinical studies and strategic partnerships.

Technology and Proprietary Platform

The company’s proprietary platform is central to its operations. This platform combines the extensive pharmacology of cannabinoids with innovative drug delivery systems to optimize therapeutic efficacy. InMed’s approach enables oral bioavailability and effective delivery of its drug candidates to target tissues, thus addressing challenges associated with existing treatment modalities. This technological edge is underpinned by a strong intellectual property portfolio, including multiple patent families that encompass novel compositions, formulations, manufacturing processes, and methods of use.

Research and Development Focus

Research and development are pivotal to the company’s value proposition. InMed’s rigorous preclinical studies test the efficacy of candidates such as INM-901, designed to modulate neuroinflammation and improve neuronal function, as well as INM-089, intended for ocular indications like dry age-related macular degeneration. These drug candidates are characterized by their multi-mechanistic actions, often targeting the CB1/CB2 receptors to address complex disease pathways. The company’s scientific efforts are supported by continuous advancements in chemistry, manufacturing, and controls (CMC) to ensure a seamless transition from preclinical studies to clinical trials.

Market Position and Competitive Landscape

InMed occupies a distinctive position within the biopharmaceutical space. Its focus on the specialized niche of cannabinoid-based therapies for diseases with high unmet needs distinguishes it from broader pharmaceutical companies. The company’s competitive advantage stems from its comprehensive integrated approach—melding innovative research, a rigorously maintained patent portfolio, and cutting-edge drug delivery formulations. This positions InMed as a knowledgeable and specialized player in its industry, capable of addressing complex therapeutic challenges through targeted small molecule candidates.

Value Proposition and Industry Impact

Through its advanced technology and sustained commitment to R&D, InMed Pharmaceuticals Inc delivers significant value by exploring new modalities in the treatment of debilitating diseases. The company’s exploration into multiple disease areas using its proprietary cannabinoid platform demonstrates its expertise and long-standing dedication to innovation. InMed’s work contributes to a deeper understanding of disease mechanisms, offering an informed perspective on how alternative therapeutic approaches can redefine the landscape in areas traditionally dominated by conventional treatments.

Stock Performance

$2.99
0.00%
0.00
Last updated: April 27, 2025 at 15:59
-40.67 %
Performance 1 year
$3.3M
Market Cap
1.2M
Shares outstanding

SEC Filings

No SEC filings available for Inmed Pharmaceuticals.

Financial Highlights

$1,111,707
Revenue (TTM)
-$2,575,024
Net Income (TTM)
-$3.64
Diluted EPS (TTM)
-$2,502,138
Operating Cash Flow
-231.63%
Net Profit Margin
-144.21%
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of Inmed Pharmaceuticals (INM)?

The current stock price of Inmed Pharmaceuticals (INM) is $2.99 as of April 25, 2025.

What is the market cap of Inmed Pharmaceuticals (INM)?

The market cap of Inmed Pharmaceuticals (INM) is approximately 3.3M.

What is the revenue (TTM) of Inmed Pharmaceuticals (INM) stock?

The trailing twelve months (TTM) revenue of Inmed Pharmaceuticals (INM) is $1,111,707.

What is the net income of Inmed Pharmaceuticals (INM)?

The trailing twelve months (TTM) net income of Inmed Pharmaceuticals (INM) is -$2,575,024.

What is the earnings per share (EPS) of Inmed Pharmaceuticals (INM)?

The diluted earnings per share (EPS) of Inmed Pharmaceuticals (INM) is -$3.64 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Inmed Pharmaceuticals (INM)?

The operating cash flow of Inmed Pharmaceuticals (INM) is -$2,502,138.

What is the profit margin of Inmed Pharmaceuticals (INM)?

The net profit margin of Inmed Pharmaceuticals (INM) is -231.63%.

What is the operating margin of Inmed Pharmaceuticals (INM)?

The operating profit margin of Inmed Pharmaceuticals (INM) is -144.21%.

What is the gross margin of Inmed Pharmaceuticals (INM)?

The gross profit margin of Inmed Pharmaceuticals (INM) is 41.46%.

What is the current ratio of Inmed Pharmaceuticals (INM)?

The current ratio of Inmed Pharmaceuticals (INM) is 3.05, indicating the company's ability to pay short-term obligations.

What is the gross profit of Inmed Pharmaceuticals (INM)?

The gross profit of Inmed Pharmaceuticals (INM) is $460,894 on a trailing twelve months (TTM) basis.

What is the operating income of Inmed Pharmaceuticals (INM)?

The operating income of Inmed Pharmaceuticals (INM) is -$1,603,198.

What does InMed Pharmaceuticals Inc specialize in?

InMed specializes in developing proprietary small molecule drug candidates using cannabinoid pharmacology to address neurodegenerative, ocular, and dermatological conditions.

How does the company generate its revenue?

Revenue is generated through its clinical-stage development programs, proprietary drug candidates, and its subsidiary business involved in manufacturing pharmaceutical-grade cannabinoids.

What are the core therapeutic areas of InMed?

The company focuses on key therapeutic areas including Alzheimer’s disease, dry age-related macular degeneration, and epidermolysis bullosa as well as other related skin conditions.

How does InMed protect its innovations?

InMed builds a robust intellectual property portfolio with multiple patent families covering novel drug compositions, formulations, manufacturing processes, and methods of use.

How is InMed different from other biopharmaceutical companies?

Its distinct approach of integrating cannabinoid pharmacology with innovative drug delivery systems, along with a focused R&D pipeline, sets it apart in addressing complex diseases with unmet medical needs.

What key product candidates are under development?

Notable candidates include INM-901 for Alzheimer’s, INM-089 for ocular indications, and INM-755 targeting dermatological conditions, all developed through its proprietary platform.