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Mind Medicine MindMed Inc

Mind Medicine MindMed Inc (MNMD)

5.77
0.31
(5.68%)
Closed 21 April 6:00AM
5.75
-0.02
(-0.35%)
After Hours: 9:55AM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
5.75
Bid
5.49
Offer
5.85
Volume
1,168,665
5.45 Day's Range 5.8394
4.70 52 Week Range 10.4362
Market Cap
Previous Close
5.46
Open
5.46
Last Trade Time
Financial Volume
US$ 6,586,408
VWAP
5.6358
Average Volume (3m)
1,956,409
Shares Outstanding
74,048,896
Dividend Yield
-
PE Ratio
-0.05
Earnings Per Share (EPS)
-1.47
Revenue
-
Net Profit
-108.68M

About Mind Medicine MindMed Inc

Mind Medicine Inc is a psychedelic medicine biotech company that discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of treatments based on psychedelic substances inclu... Mind Medicine Inc is a psychedelic medicine biotech company that discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of treatments based on psychedelic substances including Psilocybin, LSD, MDMA, DMT, and an Ibogaine derivative, 18-MC. The firm is having an approach towards developing the next generation of psychedelic inspired medicines and therapies. Show more

Sector
Pharmaceutical Preparations
Industry
Unit Inv Tr, Closed-end Mgmt
Website
Headquarters
Vancouver, British Columbia, Can
Founded
2013
Mind Medicine MindMed Inc is listed in the Pharmaceutical Preparations sector of the NASDAQ with ticker MNMD. The last closing price for Mind Medicine MindMed was US$5.46. Over the last year, Mind Medicine MindMed shares have traded in a share price range of US$ 4.70 to US$ 10.4362.

Mind Medicine MindMed currently has 74,048,896 shares in issue. The market capitalisation of Mind Medicine MindMed is US$404.31 million. Mind Medicine MindMed has a price to earnings ratio (PE ratio) of -0.05.

Mind Medicine MindMed (MNMD) Options Flow Summary

Overall Flow

Bullish

Net Premium

49k

Calls / Puts

100.00%

Buys / Sells

0.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

MNMD Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.244.35571687845.515.854.997703465.41325306CS
4-0.87-13.14199395776.627.044.713395405.86306294CS
12-1.46-20.24965325947.2110.43624.719564097.49568931CS
26-0.74-11.40215716496.4910.43624.716347687.45083905CS
52-4.19-42.1529175059.9410.43624.713750027.48952714CS
156-8.95-60.884353741514.719.952.1218742479.83895051CS
260-79.5505-93.259125093185.300586.552.12280745525.3824131CS

MNMD - Frequently Asked Questions (FAQ)

What is the current Mind Medicine MindMed share price?
The current share price of Mind Medicine MindMed is US$ 5.75
How many Mind Medicine MindMed shares are in issue?
Mind Medicine MindMed has 74,048,896 shares in issue
What is the market cap of Mind Medicine MindMed?
The market capitalisation of Mind Medicine MindMed is USD 404.31M
What is the 1 year trading range for Mind Medicine MindMed share price?
Mind Medicine MindMed has traded in the range of US$ 4.70 to US$ 10.4362 during the past year
What is the PE ratio of Mind Medicine MindMed?
The price to earnings ratio of Mind Medicine MindMed is -0.05
What is the reporting currency for Mind Medicine MindMed?
Mind Medicine MindMed reports financial results in USD
What is the latest annual profit for Mind Medicine MindMed?
The latest annual profit of Mind Medicine MindMed is USD -108.68M
What is the registered address of Mind Medicine MindMed?
The registered address for Mind Medicine MindMed is 101-1220 W 6TH AVENUE, VANCOUVER, BRITISH COLUMBIA, V6H 1A5
What is the Mind Medicine MindMed website address?
The website address for Mind Medicine MindMed is www.mindmed.com
Which industry sector does Mind Medicine MindMed operate in?
Mind Medicine MindMed operates in the UNIT INV TR, CLOSED-END MGMT sector

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MNMD Discussion

View Posts
MomsSpaghetti MomsSpaghetti 5 days ago
All 3 Phase 3 Trials are active. Let's ride!
👍️0
MomsSpaghetti MomsSpaghetti 5 days ago
MindMed Announces First Patient Dosed in Phase 3 Emerge Study of MM120 in Major Depressive Disorder (MDD)

https://www.businesswire.com/news/home/20250414503827/en/MindMed-Announces-First-Patient-Dosed-in-Phase-3-Emerge-Study-of-MM120-in-Major-Depressive-Disorder-MDD
👍️0
MomsSpaghetti MomsSpaghetti 1 week ago
I am not a fan of what is going on. No one is really. However, there are some silver linings here.

Despite concerns around potential pharmaceutical tariffs, these recent developments might actually create significant opportunities for companies like MindMed. Rather than negatively impacting the sector, tariffs could reshape the pharmaceutical landscape in ways that positively benefit innovative, US-focused firms.

Key points highlighting the positive potential for MindMed include:

Enhanced Investment Flow: European uncertainty could redirect substantial pharma capital to the U.S., boosting investor interest and financial backing for innovative American biotech firms like MindMed.
Reduced Competition: Tariffs could discourage European competitors from quickly expanding into the U.S., giving MindMed more space and time to establish leadership in novel therapeutic areas.

Improved Industry Environment: Increased domestic pharmaceutical activity could lead to stronger industry infrastructure, talent availability, and accelerated regulatory support, benefiting MindMed’s product development and commercialization efforts.

Ultimately, rather than succumbing to tariff-related fear, uncertainty, and doubt (FUD), investors might recognize this as an opportunity for MindMed to strengthen its competitive advantage and benefit from renewed focus and investment in U.S.-based pharmaceutical innovation.
👍️ 3
Giovanni Giovanni 2 weeks ago
its margin calls
👍️0
bubka bubka 2 weeks ago
Yes, Mom, it has nothing directly to do with MNMD but it is crushing our stock price. Good luck with your catch a falling knife philosophy. This stock was struggling before Depression Don worked his magic and has only accelerated downward since.

What is happening is not good for any developmental biotech.
👍️0
MomsSpaghetti MomsSpaghetti 2 weeks ago
It's fear.
👍️ 1
MomsSpaghetti MomsSpaghetti 2 weeks ago
This has nothing to do with MindMed... f anything all this makes them more valuable. The economy is tanking due to the administration. I got a nice chuck at down on that giant dip.
👍️ 1
Giovanni Giovanni 2 weeks ago
people are forced to sell what is liquid
👍️0
bubka bubka 2 weeks ago
I don’t know about y’all but I’m getting tired of all this winning.
👍️0
Giovanni Giovanni 2 weeks ago

Synergistic air pollution exposure elevates depression risk: A cohort study

Depression is a leading mental health disorder worldwide, contributing substantially to the global disease burden. While emerging evidence suggests links between specific air pollutants and depression, the potential interactions among multiple pollutants remain underexplored. Here we show the influence of six common air pollutants on depressive symptoms among middle-aged and older Chinese adults. In single-pollutant models, a 10 mgm3 increase in SO2, CO, PM10, and PM2.5 is associated with increased risks of depressive symptoms, with odds ratios (95% confidence intervals) of 1.276 (1.238e1.315), 1.007 (1.006e1.008), 1.066 (1.055e1.078), and 1.130 (1.108e1.153), respectively. In two-pollutant models, SO2 remains significantly associated with depressive symptoms after adjusting for other pollutants. Multipollutant models uncover synergistic effects, with SO2, CO, NO2,PM10,andPM2.5 exhibiting significant interactions, identifying SO2 as the primary driver of these associations. Mediation analyses further indicate that cognitive and physical impairments partially mediate the relationship between air pollution and depressive symptoms. These findings underscore the critical mental health impacts of air pollution and highlight the need for integrated air quality management strategies. Targeted mitigation of specific pollutants, particularly SO2, is expected to significantly enhance public mental health outcomes. ©2024 The Authors. Published by Elsevier B.V. on behalf of Chinese Society for Environmental Sciences, Harbin Institute of Technology, Chinese Research Academy of Environmental Sciences. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
👍️0
MomsSpaghetti MomsSpaghetti 3 weeks ago
Trump Stalls Cannabis Reform, Plus Mindmed CEO's 2025 Outlook | Trade to BLack - Dale's Report

👍️0
MomsSpaghetti MomsSpaghetti 3 weeks ago
Doug Collins - United States Secretary of Veterans Affairs | SRS #187

👍️ 1
MomsSpaghetti MomsSpaghetti 3 weeks ago
Trump’s Veterans Secretary Had ‘Eye-Opening’ Psychedelics Talk With RFK Jr.—And He Plans To Press Congress To Act

https://www.marijuanamoment.net/trumps-veterans-secretary-had-eye-opening-psychedelics-talk-with-rfk-jr-and-he-plans-to-press-congress-to-act/
👍️ 1
Giovanni Giovanni 3 weeks ago
good luck
👍️ 1
Giovanni Giovanni 3 weeks ago

I agree
👍️0
LORTAP KCOTS LORTAP KCOTS 3 weeks ago
Weirdly I think whenever you show up on this thread, the stock starts to go up..
👍️0
MomsSpaghetti MomsSpaghetti 3 weeks ago
that's a buying opportunity.
👍️0
Giovanni Giovanni 3 weeks ago
this soon will be back in the threes.

how long before they could get an FDA approval?

Another year and a half if everything goes well? 18 long months.

Good Luck to all:0)))

What is the future of Mind Medicine?

The shills say:

MNMD Stock 12 Month Forecast

Based on 9 Wall Street analysts offering 12 month price targets for Mind Medicine in the last 3 months. The average price target is $23.22 with a high forecast of $55.00 and a low forecast of $16.00. The average price target represents a 268.57% change from the last price of $6.30.

FOR WHAT IT IS WORTH 0:)))
👍️0
MomsSpaghetti MomsSpaghetti 3 weeks ago
NPR - Why tech bros worship psychedelics (and think you should too)
March 24, 20253:00 AM ET

https://www.npr.org/2025/03/24/1263527063/its-been-a-minute-psychedelics-tech-bros-spirituality
👍️ 1
MomsSpaghetti MomsSpaghetti 3 weeks ago
Will be until catalysts hit. Still bullish
👍️ 1
LORTAP KCOTS LORTAP KCOTS 3 weeks ago
Quiet in the neighborhood 
👍️0
MomsSpaghetti MomsSpaghetti 1 month ago
Closer by the day!
👍️ 1
Jack Torrance Jack Torrance 1 month ago
Getting ready for that phase 3 success and FDA approval. It's coming.
👍️ 2 🥳 1
MomsSpaghetti MomsSpaghetti 1 month ago
MindMed Appoints Matt Wiley as Chief Commercial Officer

https://www.businesswire.com/news/home/20250317335767/en/MindMed-Appoints-Matt-Wiley-as-Chief-Commercial-Officer

“Matt’s deep experience in launching multiple neuroscience and psychiatric therapeutics will be invaluable as we prepare for our first potential FDA approval of MM120 ODT,” said Rob Barrow, Chief Executive Officer of MindMed.
👍️ 1
LORTAP KCOTS LORTAP KCOTS 1 month ago
Sounds to good, but sometimes you get the win
👍️0
MomsSpaghetti MomsSpaghetti 1 month ago
This is happening... :)
👍️ 1
MomsSpaghetti MomsSpaghetti 1 month ago
U.S. Government Accountability Office - Science & Tech Spotlight: Medical Use of Psychedelics

https://www.gao.gov/products/gao-25-108021
👍️ 1
MomsSpaghetti MomsSpaghetti 1 month ago
Congressional Psychedelics Advancing Therapies (PATH) Caucus - Full PDF from Association for Prescription Psychedelics Inc.

https://www.psychedelicsrx.org/wp-content/uploads/2025/03/RESPONSE_APP_PATH-Caucus_RFI_FINAL.pdf
👍️0
MomsSpaghetti MomsSpaghetti 1 month ago
March 2025 - Corporate Presentation

https://d1io3yog0oux5.cloudfront.net/_b94c0eb12b83d35c5f613b13e6c7812a/mindmed/db/2288/21507/presentation/MindMed+Corporate+Presentation+March25.pdf
👍️ 3
MomsSpaghetti MomsSpaghetti 1 month ago
MindMed Reports Fourth Quarter and Full-Year 2024 Financial Results and Recent Business Updates

https://ir.mindmed.co/news-events/press-releases/detail/175/mindmed-reports-fourth-quarter-and-full-year-2024-financial-results-and-recent-business-updates

--First Patients Dosed in Phase 3 Voyage and Panorama studies of MM120 Orally Disintegrating Tablet (ODT) in Generalized Anxiety Disorder (GAD); 12-week topline data anticipated in 1H 2026 for Voyage and 2H 2026 for Panorama--

--On track to initiate Emerge, the first Phase 3 study of MM120 ODT in Major Depressive Disorder (MDD) in 1H of 2025--

--Raised approximately $250 million in gross proceeds through two equity financings in 2024; cash and cash equivalents of $273.7 million as of December 31, 2024, expected to fund operations into 2027 and extend at least 12 months beyond the first Phase 3 topline data readout for MM120 ODT in GAD--

--Company to host a conference call today at 8:00 a.m. EST--
👍️ 3
MomsSpaghetti MomsSpaghetti 2 months ago
Oprah - Can Psychedelics Heal Mental Trauma? With Harvard Professor Michael Pollan



https://www.youtube.com/watch?v=k9N35WCz_UI
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
Will Psychedelics Revolutionize Mental Health Under New Leadership?

2025-03-03 by Favio Lopez

https://smartphonemagazine.nl/en/2025/03/03/will-psychedelics-revolutionize-mental-health-under-new-leadership/

Mind Medicine (MindMed) experiences a stock price surge following Robert F. Kennedy Jr.’s appointment as Secretary of Health and Human Services.
Kennedy’s support for psychedelic therapies aligns with MindMed’s mission to innovate mental health treatment using these substances.
MindMed’s ongoing phase 3 trial on lysergide D-tartrate (LSD) for generalized anxiety disorder includes over 250 participants and is crucial for future mental health interventions.
The broader acceptance of psychedelics is challenged by stigma and regulatory obstacles, yet presents immense growth opportunities.
The psychedelic market is projected to surpass $6.8 billion by 2027, with MindMed poised at the forefront of this transformation.
The potential paradigm shift in mental healthcare, driven by political and scientific advancements, could redefine treatment approaches.
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
MindMed MM-120 (LSD) in GAD: Recent Research, Regulatory Developments, and Market Impact

A Primer for the Uninitiated and a Review for the Accustomed
Recent LSD Research in Mental Health and GAD

Growing Evidence of LSD’s Therapeutic Potential: In the past two months, several studies have highlighted LSD’s promise for treating anxiety and other mental health disorders. Notably, a 2023 clinical trial using two guided LSD sessions (200 µg each) reported lasting reductions in anxiety and depression, with 33% of participants in anxiety remission one year post-treatment?

psychiatryinstitute.com. This suggests that LSD, when combined with therapy, can produce sustained relief from anxiety symptoms. More recently, MindMed’s own Phase 2b trial in generalized anxiety disorder (GAD) demonstrated robust efficacy from a single 100 µg dose of LSD (MM-120) without any psychotherapy?psychiatryinstitute.com. In that trial, patients receiving MM-120 showed rapid, statistically significant improvements in anxiety (Hamilton Anxiety Rating Scale) versus placebo, with 65% achieving a clinical response and 48% reaching remission by 12 weeks?psychiatryinstitute.com. These findings – achieved with pharmacotherapy alone – underscore LSD’s potential as a novel anxiolytic.

Comparisons to Microdosing and Other Indications: While microdosing LSD has been popularized anecdotally, rigorous studies have so far failed to show clear benefits. For example, controlled trials of repeated low-dose LSD found no significant improvements in mood or cognition compared to placebo?

psypost.org. This contrasts with the marked improvements seen with full psychedelic doses in therapeutic settings. Beyond anxiety, researchers are also exploring LSD for other conditions: MindMed itself is planning a Phase 3 trial (“Emerge”) of MM-120 in major depressive disorder, and other startups like MindBio are testing LSD microdoses in depression?greenmarketreport.com?biospace.com. Overall, recent research signals that LSD – at carefully controlled, therapeutically relevant doses – can produce meaningful mental health benefits, especially in hard-to-treat conditions like GAD, whereas microdosing alone remains unproven.
FDA’s Evolving Stance on Psychedelic Drug Approvals

Cautious Openness and New Guidance: The U.S. Food and Drug Administration (FDA) has in the last couple of years shown a cautious but growing openness toward psychedelic therapies. In June 2023, the FDA released its first draft guidance for clinical trials with psychedelics, acknowledging the “therapeutic potential” of drugs like psilocybin, LSD, and MDMA and expressing willingness to work with developers?

foley.com. This guidance highlights unique trial design challenges (e.g. blinding, expectancy effects) and stresses the need for rigorous methodologies, but its issuance was itself a signal that the FDA is preparing for psychedelic drug development. The agency has also granted Breakthrough Therapy Designations – an expedited development status – to several psychedelic-based treatments, including psilocybin for depression, MDMA for PTSD, and most recently MindMed’s LSD-derived MM-120 for GAD?psychiatryinstitute.com. Such designations indicate that early evidence is very promising and that the FDA will prioritize guidance on these programs. As one commentator noted, having LSD join MDMA and psilocybin as a Breakthrough therapy shows regulators see these as “hopeful treatment[s] for mental health conditions”?psychiatryinstitute.com.

Regulatory Rigor and Recent Policy Signals: Despite this optimism, the FDA’s stance remains appropriately rigorous. No psychedelic has yet been fully approved, and the FDA has made clear that Breakthrough status does not mean automatic approval?

psychiatryinstitute.com. A recent high-profile case underscored the FDA’s insistence on solid evidence: In 2024 the FDA rejected an NDA for MDMA-assisted therapy in PTSD, issuing a Complete Response Letter that requested an additional Phase 3 trial?hklaw.com. The agency agreed with advisors that the prior trials had not definitively proven efficacy, partly due to issues like patients correctly guessing they were on the drug (unblinding) and concerns about adverse events?hklaw.com. This decision, coming despite MDMA’s Breakthrough designation and strong Phase 3 results, illustrates the FDA’s commitment to traditional approval standards (statistically robust, well-controlled trials) for psychedelics. In short, recent FDA actions and policies signal guarded support: the door is open for psychedelic therapies, but sponsors must meet the same high bar for safety and efficacy as any new drug. This balanced stance directly influences how MindMed and peers design their trials and interact with regulators.
MindMed’s MM-120 Clinical Progress with the FDA

Phase 2 Success and FDA Alignment: MindMed’s lead candidate MM-120 (a pharmaceutically optimized form of LSD) has progressed rapidly, buoyed by positive clinical data and constructive FDA engagement. In late 2023, MindMed announced that its Phase 2b trial in GAD met its primary endpoint, with a single dose of MM-120 (100 µg) producing a 7.6-point greater reduction in anxiety scores (HAM-A) at 4 weeks compared to placebo (p
👍️ 2
MomsSpaghetti MomsSpaghetti 2 months ago
You'll get another chance. :)
👍️0
LORTAP KCOTS LORTAP KCOTS 2 months ago
Should've sold the 10's
👍️0
MomsSpaghetti MomsSpaghetti 2 months ago
Buy the dip
👍️0
bubka bubka 2 months ago
Rah!
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
Onward and upward.
👍️0
bubka bubka 2 months ago
MNMD announced that it will host a live webcast at 8:00 a.m. ET on Thursday, March 6, 2025 to report financial results for the fourth quarter and year ended December 31, 2024, and discuss recent business updates.
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
Agreed but not overly concerned - we have a heck of a year coming
👍️ 1
bubka bubka 2 months ago
Earnings have been estimated to happen around February 26. Hopefully, they'll provide an update that will be a catalyst for another move up.
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
Higher highs and higher lows. Keep doing your thing.
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
Mind Medicine Getting An 'RFK Bump'? Retail Gets More Bullish As Stock Heads For Best Day In Over 10 Months

https://www.msn.com/en-in/entertainment/oscars/mind-medicine-getting-an-rfk-bump-retail-gets-more-bullish-as-stock-heads-for-best-day-in-over-10-months/ar-AA1z4Uop
👍️ 1
MomsSpaghetti MomsSpaghetti 2 months ago
Yeah, being that we're a company that's in phase 3 with an absolutely stellar management team that has the background to get this done. I do see us hitting new all-time highs even before a buyout might occur although that might only be during an intro day trading session I do see this really peeking for a minute.

We have never had premarket activity like this in the past it's bringing in eyes
👍️0
Tiger Money Tiger Money 2 months ago
Great article!  A lot of momentum the next couple of years.... this could be $80 a share by the end of 2025
👍️ 2
MomsSpaghetti MomsSpaghetti 2 months ago
$MNMD After the rejection of Lykos Therapeutics’ MDMA-based PTSD treatment tempered excitement for psychedelic therapeutics, a recent approval and positive data are generating new momentum, which experts expect to continue throughout 2025 and 2026.

https://www.biospace.com/drug-development/psychedelics-space-regroups-as-rfk-jr-signals-support
👍 1
MomsSpaghetti MomsSpaghetti 2 months ago
Wait until the media starts giving this attention now that this stuff is in phase 3 trials. It will be like the Nasdaq listing but bigger. Going to be one wild ride.
👍️ 1
Tiger Money Tiger Money 2 months ago
Got a chance, for sure.  200 million in volume could move this exponentially 
👍️0
Tiger Money Tiger Money 2 months ago
Been a long day....
👍️0
MomsSpaghetti MomsSpaghetti 2 months ago
Still 45 minutes left in power hour
👍️0