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Secures $5 Million Through Private Placement with Institutional Investor","url":"https://stock-news.laohu8.com/highlight/detail?id=2546217507","media":"Reuters","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2546217507?lang=en_us&edition=fundamental","pubTime":"2025-06-25 20:01","pubTimestamp":1750852911,"startTime":"0","endTime":"0","summary":"InMed Pharmaceuticals Inc., a pharmaceutical company focused on developing proprietary small molecule drug candidates, has announced a $5 million private placement priced at-the-market under Nasdaq rules. The company has entered into definitive agreements with a single institutional investor for the issuance and sale of 1,952,363 of its common shares and short-term preferred investment options to purchase an equal number of common shares. The securities were offered in a private placement under Section 4 of the Securities Act of 1933 and Regulation D. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. The funds will support the development of InMed's pharmaceutical drug candidates, commercial sales of rare cannabinoids through its subsidiary BayMedica LLC, and general working capital. 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Earlier on Tuesday, the stock more than doubled to $5.50.The Vancouver, British Columbia-based company said before the opening bell that the data shows INM-901 significantly reduced inflammation in ex vivo models of neuroinflammation.The study evaluated the treatment on animal brain tissue that had been removed from the living organism, or ex vivo.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"InMed Shares Jump After Positive Preclinical Data for INM-901","news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["INM","BK4007"],"gpt_icon":0},{"id":"2545284195","title":"InMed Pharmaceuticals announces new preclinical data on INM-901","url":"https://stock-news.laohu8.com/highlight/detail?id=2545284195","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545284195?lang=en_us&edition=fundamental","pubTime":"2025-06-24 19:45","pubTimestamp":1750765517,"startTime":"0","endTime":"0","summary":"InMed Pharmaceuticals (INM) announced new preclinical data demonstrating that INM-901 significantly reduces inflammation in ex vivo models of neuro...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/inmed-pharmaceuticals-announces-new-preclinical-data-on-inm-901-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/inmed-pharmaceuticals-announces-new-preclinical-data-on-inm-901-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["INM","BK4007"],"gpt_icon":0},{"id":"2545289935","title":"InMed Pharmaceuticals Announces Promising Preclinical Findings for INM-901 in Alzheimer's Disease, Reducing Neuroinflammation and Enhancing Cognitive Function","url":"https://stock-news.laohu8.com/highlight/detail?id=2545289935","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545289935?lang=en_us&edition=fundamental","pubTime":"2025-06-24 19:01","pubTimestamp":1750762911,"startTime":"0","endTime":"0","summary":"InMed Pharmaceuticals Announces Promising Preclinical Findings for INM-901 in Alzheimer's Disease, Reducing Neuroinflammation and Enhancing Cognitive Function. InMed Pharmaceuticals Inc. has announced new preclinical data regarding its drug candidate, INM-901, for Alzheimer's disease. The study demonstrated that INM-901 significantly reduces neuroinflammation in ex vivo models, showing a statistically significant reduction in pro-inflammatory cytokines such as IL-6, IL-1β, IL-2, and KC/Gro. Additionally, the drug reduced levels of the inflammasome marker NLRP3, independent of amyloid beta or tau pathology. These findings suggest the potential of INM-901 as a therapeutic candidate for Alzheimer's disease, with the ability to restore damage caused by the condition and offer neuroprotective effects. The results have been presented, supporting the development of INM-901 as part of InMed's pipeline for diseases with high unmet medical needs.Disclaimer: This news brief was created by Public 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