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InMed Pharmaceuticals Inc. (C:IN)

Business Focus: Bio Therapeutic Drugs

Sector:  Healthcare Industry:  Biotechnology & Medical Research
 
See Regulatory Filings on SEDAR
Company Contact
Address: 340-200 Granville St
VANCOUVER BC V6C 1S4
Tel: N/A
Website: https://www.inmedpharma.com
IR: See website
Key People
William J. Garner
Chairman of the Board
Eric A. Adams
President, Chief Executive Officer, Director
Bruce S. Colwill
Chief Financial Officer
Alexandra D.J. Mancini
Senior Vice President - Clinical and Regulatory Affairs
Josh Blacher
Chief Business Officer
Abo Mohammed
Chief Medical Officer
Business Overview
InMed Pharmaceuticals Inc. is a pre-clinical-stage biopharmaceutical company. The Company specializes in the research and development of cannabinoid-based therapies combined with drug delivery systems. The Company operates through the segment of research and development of pharmaceutical cannabis based-therapies. The Company is working on two products, which include INM-750, for the treatment of Epidermolysis Bullosa (EB), and INM-085, for the treatment of Glaucoma. The INM-750 is a therapy developed for EB designed specifically to modulate disease activity and to alleviate symptoms. The INM-085 is designed as a dual-action cannabinoid ocular therapy. INM-085 is designed as a topical formulation to be administered directly to the eye. It is working on the development of several cannabinoid-based treatments for multiple diseases, including ocular, dermatology, cancer, inflammation, pain and arthritis disease areas. Its subsidiary is Biogen Sciences Inc. (BSI).
Financial Overview
For the three months ended 30 September 2019, InMed Pharmaceuticals Inc revenues was not reported. Net loss increased 37% to C$3.9M. Higher net loss reflects Accounting and legal increase from C$120K to C$254K (expense), Office and administration fees increase from C$40K to C$84K (expense), Salaries and employee benefits increase of 11% to C$406K (expense).
Employees: 14 as of Sep 30, 2006
Reporting Currency: Canadian Dollars
Enterprise value: $23.31M as of Sep 30, 2019
Annual revenue (TTM): $0.00M as of Sep 30, 2019
EBITDA (TTM): -$14.60M as of Sep 30, 2019
Net annual income (TTM): -$14.30M as of Sep 30, 2019
Free cash flow (TTM): -$10.25M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 172,283,633 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization