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Clearmind Advances CMND-100 to Alcohol Use Disorder Patients After Achieving Primary Safety Endpoint

(Moderate)
(Very Positive)
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Clearmind Medicine (Nasdaq: CMND) reported that an independent Data and Safety Monitoring Board unanimously approved advancing its FDA‑regulated Phase I/II trial of CMND‑100 for Alcohol Use Disorder (AUD) to Parts B and C, after Part A met its primary safety endpoint in healthy participants across all planned doses.

Part B will test 80 mg and 160 mg doses in two cohorts of six patients with moderate to severe AUD, assessing safety, tolerability and early clinical activity. Part C, a double‑blind, placebo‑controlled segment in healthy participants, will further characterize safety at 160 mg over five days. The multi‑center study also evaluates pharmacokinetics and preliminary efficacy in reducing drinking and craving.

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Positive

  • Primary safety endpoint achieved with favorable tolerability across all planned doses in Part A
  • DSMB unanimously approved advancing CMND-100 trial to Parts B and C
  • First evaluation in AUD patients with two cohorts at 80 mg and 160 mg
  • Double-blind, placebo-controlled Part C to further characterize 160 mg safety
  • Multi-center trial conducted at Johns Hopkins, Yale, Tel Aviv Sourasky and Hadassah sites

Negative

  • Program remains early-stage, currently in Phase I/II with safety as primary focus
  • Preliminary efficacy not yet reported; Part B will only begin assessing clinical activity
  • No timelines disclosed for completion of Parts B and C or data readouts

Market reaction after Phase I/II clinical data: CMND +4.10%

+4.10% $1.72 14.1x vol
15m delay
+4.10% Vs previous close
+7.8% Peak Tracked
$1.72 Last Price
$1.59 $1.80 Day Range
$2.49M Market Cap
14.1x Rel. Volume

Following this news, CMND has gained 4.10%, reflecting a moderate positive market reaction. Argus tracked a peak move of +7.8% during the session. Our momentum scanner has triggered 4 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.72. Trading volume is exceptionally heavy at 14.1x the average, suggesting very strong buying interest.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

CMND's active F-3 resale registration adds financing-structure context to this clinical transition. ...
Analysis

CMND's active F-3 resale registration adds financing-structure context to this clinical transition. Because it covers shares issuable upon note conversion, dilution-related risk remains relevant; enrollment and patient safety findings are the key watchpoints.

Key Figures

AUD patient cohorts: 2 cohorts of 6 patients Part B dose levels: 80 mg and 160 mg Part C dose: 160 mg daily +1 more
4 metrics
AUD patient cohorts 2 cohorts of 6 patients Part B
Part B dose levels 80 mg and 160 mg Sequential AUD patient cohorts
Part C dose 160 mg daily Healthy participants
Part C duration 5 consecutive days Fixed-dose healthy-participant segment

Historical Context

5 past events · Latest: Aug 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 11 Permeation results Positive -0.3% Intranasal MEAI permeation results were reported; shares declined 0.31% over 24 hours.
Aug 06 Clinical trial advancement Positive -0.6% DSMB cleared progression to Parts B and C after the Part A safety endpoint.
Aug 03 Acquisition LOI Neutral -3.5% Clearmind signed a non-binding LOI for a 51% EV-charging company stake.
Jul 30 Safety trial findings Positive +11.0% Part A met its primary safety endpoint with no serious adverse events observed.
Jul 28 Trial completion Positive -9.9% All 24 Part A participants completed treatment in line with the study protocol.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent company news produced mixed outcomes, with four of five selected events diverging from the associated news sentiment.

Key Terms

data and safety monitoring board, pharmacokinetics, double-blind, placebo-controlled
4 terms
data and safety monitoring board medical
"received Independent Data and Safety Monitoring Board (DSMB) approval"
An independent panel of experts that watches over a clinical trial to protect participants and ensure the data are reliable, acting like an impartial referee who can recommend pausing or stopping the study if safety problems or clear benefits emerge. Investors care because the board’s findings can change a drug or device’s timeline, cost, and odds of regulatory approval, directly affecting a company’s value and risk profile.
pharmacokinetics medical
"evaluate the safety, tolerability, pharmacokinetics and preliminary efficacy"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
double-blind medical
"This double-blind, placebo-controlled segment is expected"
A double-blind process means that neither the people conducting an activity nor the people involved know certain key details, such as who is receiving a treatment or a placebo. This approach helps prevent bias from influencing the results, making the outcome more trustworthy. For investors, it ensures that decisions or judgments are based on unbiased information rather than preconceived opinions or expectations.
placebo-controlled medical
"This double-blind, placebo-controlled segment is expected"
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Clearmind Medicine has received Independent Data and Safety Monitoring Board (DSMB) approval to advance its clinical evaluation of CMND100 in patients with Alcohol Use Disorder (AUD) - a key milestone in the progression of the Companys clinical development program.

Vancouver, Canada, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND) (the “Company”), a clinical-stage biotech company focused on the discovery and development of novel, non-hallucinogenic, second generation, neuroplastogen-derived therapeutics to solve major under-treated health problems, such as addictions and weight-loss, recently  announced that its independent DSMB has unanimously approved advancing the Company's ongoing FDA-regulated Phase I/II clinical trial to parts B and C (the two of the remaining 3 parts) of the clinical trial, evaluating CMND-100 in patients actively suffering from AUD as well as in healthy participants. The DSMB's approval follows the successful completion of Part A of the study, where CMND-100 achieved its primary safety endpoint, demonstrating a favorable safety and tolerability profile across all planned dose levels in healthy participates. After reviewing the full safety dataset from Part A, the DSMB unanimously recommended advancing the study to Parts B and C in accordance with the previously approved study protocol.

Part B marks a key clinical milestone for Clearmind, as CMND100 will be evaluated for the first time in human patients  with moderate to severe AUD, unlike Part A that included only healthy participants. The part B phase will enroll, sequentially, two cohorts of six patients receiving 80 mg and 160 mg doses, respectively, and will assess safety, tolerability, and early signals of clinical activity, including CMND100’s potential to reduce alcohol consumption and craving. Part C will be conducted, concurrently with Part B, in healthy participants and will evaluate CMND‑100 at a fixed daily dose of 160 mg administered over five consecutive days. This double‑blind, placebo-controlled segment is expected to further characterize the safety and tolerability profile of CMND‑100.

"Receiving DSMB approval to advance our clinical trial to patients with AUD marks an important milestone for Clearmind," said Dr. Adi Zuloff-Shani, Chief Executive Officer of Clearmind Medicine. " With the successful demonstration of safety and tolerability throughout the dose-escalation phase of the study, we are now positioned to evaluate CMND-100 in the population it is designated to help. This transition represents a meaningful step toward advancing a potential new treatment option for individuals living with AUD."

The Phase I/II clinical trial is designed to evaluate the safety, tolerability, pharmacokinetics and preliminary efficacy in reducing drinking patterns and alcohol craving in individuals with moderate to severe AUD of CMND-100. The study is being conducted at leading clinical sites, including Johns Hopkins University, Yale School of Medicine, Tel Aviv Sourasky Medical Center and Hadassah Medical Center.

The Company expects to provide additional updates as patient enrollment progresses and the clinical program advances.

About CMND-100 and Neuroplastogen Approach

CMND-100 is Clearmind’s proprietary oral formulation of MEAI (5-methoxy-2-aminoindane). The Company is developing it as a non-hallucinogenic neuroplastogen-derived candidate intended to promote adaptive neuroplasticity while avoiding the perceptual effects associated with classical psychedelics. This profile aims to support scalable treatment models that do not require intensive clinical supervision or prolonged monitored sessions.

About Clearmind Medicine Inc.

Clearmind is a clinical-stage neuroplastogens pharmaceutical biotech company focused on the discovery and development of non-hallucinogenic, second generation, neuroplastogen-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods, or supplements.

The Company’s intellectual portfolio currently consists of nineteen patent families, including 32 granted patents. The Company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.

Shares of Clearmind are listed for trading on Nasdaq under the symbol “CMND.”

For further information, visit: https://www.clearmindmedicine.com or contact:

Investor Relations

invest@clearmindmedicine.com

www.Clearmindmedicine.com

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the   timing and progress of its clinical trial, advancing a potential new treatment option for individuals living with AUD and the Company’s expectation to provide additional updates as patient enrollment progresses the clinical program advances. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F for the fiscal year ended October 31, 2025 and subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Clearmind is not responsible for the contents of third-party websites.


FAQ

What did Clearmind Medicine (CMND) announce about its CMND-100 trial for Alcohol Use Disorder in August 2026?

Clearmind Medicine announced that its DSMB unanimously approved advancing the CMND-100 Phase I/II trial to Parts B and C. According to Clearmind, this follows Part A meeting its primary safety endpoint with a favorable safety and tolerability profile across all planned dose levels in healthy participants.

What is CMND-100 and what does it target in Clearmind (CMND)’s clinical program?

CMND-100 is a novel, non-hallucinogenic, second-generation neuroplastogen-derived therapeutic being developed to treat Alcohol Use Disorder. According to Clearmind, the Phase I/II trial evaluates its safety, tolerability, pharmacokinetics and preliminary efficacy in reducing drinking patterns and alcohol craving in moderate to severe AUD patients.

How are Parts B and C of Clearmind (CMND)’s CMND-100 Phase I/II trial designed?

Part B will enroll two sequential cohorts of six AUD patients at 80 mg and 160 mg doses. According to Clearmind, it assesses safety, tolerability and early clinical activity, while Part C, in healthy participants, is double-blind, placebo-controlled at 160 mg for five days to further characterize safety.

What does DSMB approval mean for Clearmind (CMND) shareholders following the CMND-100 safety results?

DSMB approval means the independent safety board supports continuing the CMND-100 trial into patient-focused Parts B and C. According to Clearmind, this follows successful dose-escalation safety in Part A and allows evaluation in individuals with moderate to severe Alcohol Use Disorder for the first time.

Where is Clearmind (CMND)’s CMND-100 Phase I/II Alcohol Use Disorder trial being conducted?

The CMND-100 trial is being conducted at several leading clinical centers in North America and Israel. According to Clearmind, sites include Johns Hopkins University, Yale School of Medicine, Tel Aviv Sourasky Medical Center and Hadassah Medical Center, supporting a multi-center evaluation of CMND-100.

When will investors in Clearmind (CMND) get further updates on the CMND-100 Alcohol Use Disorder trial?

Clearmind plans to provide additional updates as patient enrollment progresses and the clinical program advances. According to Clearmind, specific completion dates or data readout timelines for Parts B and C have not been disclosed, so investors should watch for future company communications.