NeonMind Biosciences Inc.

NeonMind Biosciences Inc.

NMDBF
NeonMind Biosciences Inc.US flagOther OTC
0.01
USD
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8,538.00Market Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Penny Olga White BA, LLB
Sector
Healthcare
Industry
Biotechnology
Address
295 Robinson Street Oakville ON Canada L6J 1G7
IPO Date
Feb 18, 2021
Business
NeonMind Biosciences Inc. (CSE:NEON, OTCQB:NMDBF) develops and commercializes psychedelic-based therapies and wellness products targeting mental health disorders, obesity, and weight management. The company operates three divisions offering psilocybin-based drug candidates including NEO-001, a high-dose psilocybin agonist for the serotonin 5-HT2A receptor to induce neuroplasticity, and a low-dose program targeting the 5-HT2C receptor for appetite control; specialty mental health clinics providing ketamine and esketamine treatments for mood and anxiety disorders with plans to integrate approved psychedelics; and consumer products such as mushroom-infused coffees featuring lion's mane, turkey tail, reishi, and cordyceps, alongside planned dietary supplements. Founded in 2020 and headquartered in Vancouver, British Columbia, with operations and a new headquarters in Oakville, Ontario to support clinic expansion, NeonMind serves Canadian markets primarily and targets the global weight management sector projected to reach $326 billion by 2028. Recent developments include partnerships with SRx Health and BioScript Solutions to access over 100 clinic locations and launch its inaugural NeonMind-branded facility in Mississauga, Ontario; engagement with the US FDA yielding positive pre-IND feedback for obesity clinical trials; patent pendings with the USPTO for its novel psilocybin programs; a decision to seek a buyer for the NEO-001 asset amid strategic shifts; engagement of Thrive Health for digital patient care; establishment of an R&D advisory board with Philippe Martin; and a 1-for-30 reverse stock split in January 2023.

Company News

APIChatGPT
  • NeonMind to Present at H.C. Wainwright Bioconnect Conference

  • NeonMind to Present at H.C. Wainwright 2nd Annual Psychedelics Virtual Conference

  • NeonMind to Present at the KCSA Psychedelics Virtual Investor Conference on October 14th

  • NeonMind Advances Strategy for Specialty Clinic Launch

  • NeonMind Strengthens its Specialty Clinics Advisory Board with Appointment of Mood Disorders and Ketamine Expert Dr. Gustavo Vazquez, MD, PhD.

  • NeonMind Appoints Ketamine and Neurostimulation Expert Dr. Roumen Milev, MD, PhD to Specialty Clinic Advisory Board

  • NeonMind Announces Divestiture of Consumer Related and Other Non-Core Assets

  • NeonMind to Present at H.C. Wainwright 23rd Annual Global Investment Conference

  • NeonMind Announces DTC Eligibility

  • NeonMind Receives Health Canada Approval for its Functional Mushroom Formulation 'Mindful Blend'

  • NeonMind Announces Corporate Update and Strategic Reorganization of its Pharmaceutical Division

  • Dr. Sagar Parikh, MD Appointed to NeonMind Specialty Clinics Advisory Board

  • NeonMind Announces Launch of Functional Mushroom Coffees as Dietary Supplements in the US

  • NeonMind to Present at H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference

  • NeonMind Announces Vitasave Will Carry NeonMind Functional Mushroom Products