InMed Pharmaceuticals Inc. (INM)

NASDAQ: INM · IEX Real-Time Price · USD
1.14
-0.07 (-5.79%)
Mar 31, 2023, 11:30 AM EDT - Market open
-5.79%
Market Cap 3.86M
Revenue (ttm) 1.61M
Net Income (ttm) -16.96M
Shares Out 3.33M
EPS (ttm) -24.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 70,680
Open 1.18
Previous Close 1.21
Day's Range 1.12 - 1.21
52-Week Range 0.92 - 35.50
Beta 0.95
Analysts Sell
Price Target 20.40 (+1,689.47%)
Earnings Date May 12, 2023

About INM

InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, researches and develops cannabinoid-based therapies. The company's lead product is INM-755, a cannabinol topical cream, which is in a second Phase I clinical trials for the treatment of epidermolysis bullosa. The company is also involved in developing INM-088, which is in preclinical studies for the treatment of glaucoma; and INM-405 for the treatment of pain. In addition, it engages in the development of cannabinoid-based treatments for various diseases, including dermatology... [Read more]

Industry Biotechnology
Sector Healthcare
CEO Eric Adams
Employees 13
Stock Exchange NASDAQ
Ticker Symbol INM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for INM stock is "Sell." The 12-month stock price forecast is $20.4, which is an increase of 1,689.47% from the latest price.

Price Target
$20.4
(1,689.47% upside)
Analyst Consensus: Sell
Stock Forecasts

News

InMed Announces Conclusion of Patient Enrollment in Phase 2 Clinical Trial Investigating INM-755 Cannabinol Cream for Epidermolysis Bullosa

Marks the first time a Phase 2 trial has studied a cannabinol (CBN) formulation as a treatment option for any disease Data expected to be released in early calendar Q3 2023 Vancouver, British Columbia...

3 days ago - Newsfile Corp

InMed to Participate in Upcoming Investor Events

Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - InMed Pharmaceuticals Inc. (NASDAQ: INM) ("InMed" or the "Company"), a leader in the pharmaceutical research, development and manufactur...

3 weeks ago - Newsfile Corp

InMed Reports Second Quarter Fiscal 2023 Financial Results and Provides Business Update

VANCOUVER, British Columbia, Feb. 17, 2023 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

1 month ago - GlobeNewsWire

InMed Submits Form 12b-25

VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

1 month ago - GlobeNewsWire

InMed Provides Business Update and Milestones for 2023

VANCOUVER, British Columbia, Jan. 10, 2023 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

2 months ago - GlobeNewsWire

InMed Announces Results of 2022 Annual General Meeting

VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

3 months ago - GlobeNewsWire

InMed Announces Appointment of Interim Chief Financial Officer and Change of Auditor

VANCOUVER, British Columbia, Dec. 12, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

3 months ago - GlobeNewsWire

InMed Pharmaceuticals Announces Closing of $6 Million Private Placement Priced at a Premium to Market

VANCOUVER, British Columbia, Nov. 21, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

4 months ago - GlobeNewsWire

InMed Pharmaceuticals Announces $6 Million Private Placement Priced at a Premium to Market

VANCOUVER, British Columbia, Nov. 18, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

4 months ago - GlobeNewsWire

InMed (INM) Gets Grant to Begin Neurodegenerative Diseases Program

InMed Pharmaceuticals (INM) surges on receiving research grant funding from the Natural Sciences and Engineering Research Council of Canada (NSERC) to investigate its cannabinoid drug candidates.

4 months ago - Zacks Investment Research

InMed Provides Update on Management Changes

VANCOUVER, British Columbia, Nov. 17, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

4 months ago - GlobeNewsWire

InMed stock rockets after research grant awarded for cannabinoid analogs to treat Alzheimer's, Parkinson's

Shares of InMed Pharmaceuticals Inc. INM, +52.16% rocketed 50.9% on very heavy volume in midday trading Wednesday, after the company said it was awarded a grant from the Natural Sciences and Engineeri...

4 months ago - Market Watch

InMed Pharmaceuticals Reports First Quarter Fiscal 2023 Financial Results and Provides Business Update

VANCOUVER, British Columbia, Nov. 11, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturi...

4 months ago - GlobeNewsWire

InMed Pharmaceuticals Supports Epidermolysis Bullosa Awareness Week

VANCOUVER, British Columbia, Oct. 26, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development and manufacturing of rare cann...

5 months ago - GlobeNewsWire

InMed Pharmaceuticals Reports Full Year Fiscal 2022 Financial Results and Provides Business Update

VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufactur...

6 months ago - GlobeNewsWire

InMed Pharmaceuticals to Report Full Year Fiscal 2022 Financial Results and Business Update on September 23, 2022

VANCOUVER, British Columbia, Sept. 19, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development and manufacturing of rare can...

6 months ago - GlobeNewsWire

Why Is InMed (INM) Stock Up 60% Today?

The relief rally we've seen play out last week is once again in full focus on Monday. All major indices have moved higher today.

7 months ago - InvestorPlace

InMed Pharmaceuticals (INM) Stock Soars 32% on R&D Updates

Source: gvictoria / Shutterstock.com InMed Pharmaceuticals (NASDAQ: INM) stock is rocketing higher on Friday after the company revealed research and development (R&D) updates. According to the cannab...

7 months ago - InvestorPlace

InMed Pharmaceuticals Provides Update on its Core Research and Development Programs and BayMedica Business

VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development and manufacturing of rare can...

7 months ago - GlobeNewsWire

InMed Announces Share Consolidation to Meet Nasdaq Listing Criteria

VANCOUVER, British Columbia, Aug. 23, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commerciali...

7 months ago - GlobeNewsWire

InMed Announces Changes to its Board of Directors

VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commerciali...

8 months ago - GlobeNewsWire

InMed Announces Update on Phase 2 Clinical Trial Investigating INM-755 Cannabinol Cream for Epidermolysis Bullosa

VANCOUVER, British Columbia, July 25, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commerciali...

8 months ago - GlobeNewsWire

InMed Announces Appointment of Chief Operating Officer

VANCOUVER, British Columbia, July 18, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commerciali...

9 months ago - GlobeNewsWire

InMed Pharmaceuticals Receives Nasdaq Notification Regarding Minimum Bid Price Compliance

VANCOUVER, British Columbia, July 12, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a research, development, manufacturing corporation specializing in t...

9 months ago - GlobeNewsWire

InMed Announces Publication of Peer-Reviewed Study Highlighting Potential Role of Rare Cannabinoids THCV, CBC and others on Skin Conditions

VANCOUVER, British Columbia, June 14, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the research, development, manufacturing and commerciali...

10 months ago - GlobeNewsWire