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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: SUITE 310, 815 W. HASTINGS STREET
VANCOUVER BC V6C 1B4
Tel: N/A
Website: https://www.inmedpharma.com
IR: See website
Key People
William James Garner
Independent Chairman of the Board
Eric A. Adams
President, Chief Executive Officer, Director
Bruce S. Colwill
Chief Financial Officer, Secretary
Eric Chih-Hsien Hsu
Senior Vice President - Preclinical Research and Development
Alexandra D.J. Mancini
Senior Vice President - Clinical and Regulatory Affairs
Michael Henry Woudenberg
Vice President - Chemistry, Manufacturing & Controls
Business Overview
InMed Pharmaceuticals Inc. is a clinical stage pharmaceutical company. The Company specializes in the research and development of cannabinoid-based therapies and a system for the manufacturing of pharmaceutical-grade cannabinoids. The Company is engaged in developing a pipeline of prescription-based products targeting treatments for diseases with unmet medical needs as well as developing manufacturing technologies. It is also developing an integrated cannabinoid manufacturing system for pharmaceutical-grade cannabinoids, called IntegraSyn, as well as multiple cannabinoid-based medications that target diseases with unmet medical needs. The Company's two product candidates: INM-755, for the treatment of Epidermolysis Bullosa (EB), and INM-088, for the treatment of glaucoma. INM-755 is developed as a topical skin cream formulation containing cannabinol (CBN) for the treatment of symptoms related to EB. INM-088 provides direct neuroprotection and reduce intraocular pressure in the eye.
Financial Overview
For the six months ended 31 March 2021, InMedPharmaceuticals Inc revenues was not reported. Net lossincreased 18% to $5.3M. Higher net loss reflects Generaland administrative - Balancing v increase of 30% to $2.2M(expense), Finance expense increase from $0K to $360K(expense), Foreign exchange gain (loss) decrease from $127K(income) to $166K (expense).
Employees: 13 as of Jun 30, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $9.07M as of Mar 31, 2021
Annual revenue (TTM): $0.00M as of Mar 31, 2021
EBITDA (TTM): -$8.04M as of Mar 31, 2021
Net annual income (TTM): -$8.62M as of Mar 31, 2021
Free cash flow (TTM): -$9.14M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 8,050,707 as of Mar 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization