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Clearmind Medicine Enrolls First Patient in its Clinical Trial for Alcoholism Treatment

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Clearmind Medicine (NASDAQ: CMND) has announced the enrollment of its first patient in a Phase I/IIa clinical trial for CMND-100, their MEAI-based oral drug candidate for treating Alcohol Use Disorder (AUD). The trial, conducted at Yale School of Medicine's Department of Psychiatry and Johns Hopkins University, will evaluate the drug's safety, tolerability, and pharmacokinetic profile.

The study targets individuals aged 18-60 who either report heavy binge drinking or are diagnosed with AUD. The U.S. substance use disorder treatment market, valued at $35.1 billion in 2021, is projected to reach $60.2 billion by 2029. The company aims to address limitations in current AUD treatments, which have shown limited effectiveness and adverse side effects.

Clearmind Medicine (NASDAQ: CMND) ha annunciato l'arruolamento del suo primo paziente in uno studio clinico di Fase I/IIa per CMND-100, il loro candidato farmaco orale a base di MEAI per il trattamento del Disturbo da Uso di Alcol (AUD). Lo studio, condotto presso il Dipartimento di Psichiatria della Yale School of Medicine e la Johns Hopkins University, valuterà la sicurezza, la tollerabilità e il profilo farmacocinetico del farmaco.

La ricerca coinvolge individui di età compresa tra 18 e 60 anni che segnalano episodi di forte consumo eccessivo di alcol o che sono stati diagnosticati con AUD. Il mercato statunitense per il trattamento dei disturbi da uso di sostanze, valutato 35,1 miliardi di dollari nel 2021, è previsto raggiungere 60,2 miliardi di dollari entro il 2029. L'azienda intende superare le limitazioni degli attuali trattamenti per l'AUD, che hanno mostrato efficacia limitata e effetti collaterali negativi.

Clearmind Medicine (NASDAQ: CMND) ha anunciado la inscripción de su primer paciente en un ensayo clínico de Fase I/IIa para CMND-100, su candidato a medicamento oral basado en MEAI para tratar el Trastorno por Consumo de Alcohol (AUD). El ensayo, realizado en el Departamento de Psiquiatría de la Escuela de Medicina de Yale y la Universidad Johns Hopkins, evaluará la seguridad, tolerabilidad y perfil farmacocinético del fármaco.

El estudio se dirige a personas de entre 18 y 60 años que reportan episodios de consumo excesivo de alcohol o que han sido diagnosticadas con AUD. El mercado estadounidense para el tratamiento de trastornos por uso de sustancias, valorado en , se proyecta alcanzar . La compañía busca superar las limitaciones de los tratamientos actuales para AUD, que han mostrado eficacia limitada y efectos secundarios adversos.

Clearmind Medicine (NASDAQ: CMND)는 알코올 사용 장애(AUD) 치료를 위한 MEAI 기반 경구 약물 후보인 CMND-100의 1/2a상 임상시험 첫 환자 등록을 발표했습니다. 이 임상시험은 예일 의과대학 정신과와 존스 홉킨스 대학에서 진행되며, 약물의 안전성, 내약성 및 약동학적 특성을 평가할 예정입니다.

연구 대상은 18세에서 60세 사이로 과도한 폭음 경험이 있거나 AUD 진단을 받은 사람들입니다. 2021년 기준 미 국가는물질 사용 장애 치료 시장은 351억 달러 규모이며, 2029년까지 602억 달러에 이를 것으로 예상됩니다. 회사는 제한적인 효과와 부작용이 있는 현재 AUD 치료법의 한계를 극복하는 것을 목표로 하고 있습니다.

Clearmind Medicine (NASDAQ : CMND) a annoncé l'inscription de son premier patient dans un essai clinique de phase I/IIa pour CMND-100, son candidat médicament oral à base de MEAI destiné au traitement du trouble lié à l'usage d'alcool (AUD). L'essai, mené au Département de psychiatrie de la Yale School of Medicine et à l'Université Johns Hopkins, évaluera la sécurité, la tolérabilité et le profil pharmacocinétique du médicament.

Cette étude cible des individus âgés de 18 à 60 ans qui déclarent des épisodes de consommation excessive d'alcool ou qui ont reçu un diagnostic d'AUD. Le marché américain du traitement des troubles liés à l'usage de substances, évalué à 35,1 milliards de dollars en 2021, devrait atteindre 60,2 milliards de dollars d'ici 2029. L'entreprise vise à pallier les limites des traitements actuels de l'AUD, qui ont montré une efficacité limitée et des effets secondaires indésirables.

Clearmind Medicine (NASDAQ: CMND) hat die Einschreibung seines ersten Patienten in einer Phase I/IIa-Studie für CMND-100 bekannt gegeben, einem oralen Medikamentenkandidaten auf MEAI-Basis zur Behandlung der Alkoholgebrauchsstörung (AUD). Die Studie, die am Department für Psychiatrie der Yale School of Medicine und der Johns Hopkins University durchgeführt wird, soll die Sicherheit, Verträglichkeit und das pharmakokinetische Profil des Medikaments bewerten.

Die Studie richtet sich an Personen im Alter von 18 bis 60 Jahren, die entweder von starkem Rauschtrinken berichten oder mit AUD diagnostiziert wurden. Der US-amerikanische Markt für die Behandlung von Substanzgebrauchsstörungen wurde 2021 auf 35,1 Milliarden US-Dollar geschätzt und soll bis 2029 auf 60,2 Milliarden US-Dollar anwachsen. Das Unternehmen möchte die Einschränkungen der aktuellen AUD-Behandlungen überwinden, die nur begrenzte Wirksamkeit und unerwünschte Nebenwirkungen zeigen.

Positive
  • First patient enrolled in Phase I/IIa clinical trial for CMND-100, marking significant milestone
  • Trial conducted at prestigious institutions Yale and Johns Hopkins
  • Targeting large market opportunity - U.S. substance use disorder treatment market projected to reach $60.2B by 2029
  • Addresses significant unmet medical need with potential advantages over current treatment options
Negative
  • Early-stage clinical trial with no efficacy data yet
  • Will require significant time and resources to complete clinical development
  • Faces competition in large but challenging market

Insights

Clearmind's first patient enrollment for CMND-100 marks crucial clinical milestone in AUD treatment development with significant market potential.

Clearmind Medicine has achieved a significant clinical milestone with the enrollment of its first patient in the Phase I/IIa trial for CMND-100, their proprietary MEAI-based oral drug candidate targeting Alcohol Use Disorder (AUD). This first-in-human study is being conducted at prestigious institutions including Yale School of Medicine and Johns Hopkins University, lending scientific credibility to the program.

The trial design is methodologically sound, targeting both treatment-seeking AUD patients and non-treatment-seeking heavy drinkers, with clear inclusion criteria focused on binge drinking patterns. This dual-population approach is strategically valuable as it will provide data across a spectrum of alcohol use behaviors, potentially broadening the eventual therapeutic application.

What makes CMND-100 particularly noteworthy is its psychedelic-derived mechanism targeting an indication with significant unmet need. Current AUD treatments suffer from limited efficacy and problematic side effects, creating a substantial market opportunity. The company correctly identifies the $35.1 billion U.S. substance use disorder treatment market (2021), projected to reach $60.2 billion by 2029.

For a clinical-stage biotech, first patient enrollment represents the transition from preclinical promise to human proof-of-concept. While still early-stage (Phase I/IIa), this milestone reduces some developmental risk and begins the critical safety and preliminary efficacy assessment that will determine the compound's future. The inclusion of pharmacokinetic analysis will provide crucial data on how CMND-100 is processed in the human body, essential information for dose optimization in future trials.

CMND-100 has the potential to provide an innovative and advanced treatment option for hundreds of millions of people around the world afflicted with Alcohol Use Disorder

Vancouver, Canada, June 25, 2025 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND), (FSE: CWY0) (“Clearmind” or the “Company”), a clinical-stage biotech company focused on discovery and development of novel psychedelic-derived therapeutics to solve major under-treated health problems, recently announced the enrollment of the first patient in its Phase I/IIa clinical trial for CMND-100, the Company’s proprietary MEAI-based oral drug candidate for the treatment of Alcohol Use Disorder (AUD).

The first patient was enrolled at Yale School of Medicine’s Department of Psychiatry, marking a significant milestone in the trial.

The trial is evaluating the safety, tolerability, and pharmacokinetic profile of CMND-100, with preliminary efficacy assessments to explore its potential in reducing alcohol cravings and consumption. This first-in-human study represents a pivotal step toward developing a groundbreaking treatment for individuals struggling with AUD.

Eligible subjects for the clinical trial, among others, are individuals aged 18 to 60. Participants may be either non-treatment-seeking individuals who report heavy binge drinking (defined as at least five standard drinks in a day for men or at least four for women) on at least five days in the past month prior to screening, or treatment-seeking individuals diagnosed with Alcohol Use Disorder (AUD) per DSM-5 criteria, who report at least four binge drinking days in the month prior to screening. All subjects must express a desire to reduce or stop drinking. For more information: https://clinicaltrials.gov/study/NCT05913752?spons=Clearmind%20Medicine%20Inc.&rank=1#study-overview

Dr. Adi Zuloff-Shani, CEO of Clearmind Medicine said:”This advancement brings us one step closer to offering an innovative solution for those affected by AUD, a condition with significant unmet medical needs. The substance use disorder treatment market in the U.S. alone was valued at $35.1 billion in 2021 and is projected to grow to $60.2 billion by 2029. Moreover, there are hundreds of millions of individuals around the globe afflicted by AUD. However, the market has been constrained due to the limited effectiveness and adverse side effects of current treatment options. We are executing on our development strategy and are optimistic about the potential of our MEAI-based therapy to offer a safe, effective solution that can transform lives.”

The Phase I/IIa clinical trial is being conducted at multiple sites, including Yale School of Medicine and Johns Hopkins University School of Medicine, while the Company is valuating additional clinical sites. Clearmind remains committed to advancing its robust intellectual property portfolio and pioneering psychedelic-derived therapeutics to address global health challenges.

About Clearmind Medicine Inc.

Clearmind is a clinical-stage psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-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 31 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” and the Frankfurt Stock Exchange under the symbol “CWY0.”

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

Investor Relations
invest@clearmindmedicine.com

Telephone: (604) 260-1566
US: CMND@crescendo-ir.com

General Inquiries
Info@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 conducting its Phase I/IIa clinical trial, developing a treatment for individuals struggling with AUD, the size of the substance use disorder treatment market, executing its development strategy, valuating additional clinical sites, and that it remains committed to advancing its robust intellectual property portfolio and pioneering psychedelic-derived therapeutics to address global health challenges. The Company cannot assure that any patent will issue as a result of a pending patent application or, if issued, whether it will issue in a form that will be advantageous to the Company. 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, 2024 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 is the status of Clearmind Medicine's (CMND) clinical trial for alcoholism treatment?

Clearmind Medicine has enrolled its first patient in the Phase I/IIa clinical trial for CMND-100, their MEAI-based oral drug candidate for Alcohol Use Disorder (AUD), at Yale School of Medicine.

Who is eligible for Clearmind Medicine's (CMND) alcoholism treatment trial?

Eligible participants are aged 18-60 who either report heavy binge drinking (5+ drinks for men, 4+ for women) on 5+ days in the past month, or are diagnosed with AUD and report 4+ binge drinking days in the past month.

What is the market potential for Clearmind Medicine's (CMND) alcoholism treatment?

The U.S. substance use disorder treatment market was valued at $35.1 billion in 2021 and is projected to grow to $60.2 billion by 2029, with hundreds of millions affected by AUD globally.

Where is Clearmind Medicine (CMND) conducting its clinical trial?

The Phase I/IIa clinical trial is being conducted at multiple sites, including Yale School of Medicine's Department of Psychiatry and Johns Hopkins University School of Medicine.

What is the purpose of Clearmind Medicine's (CMND) CMND-100 trial?

The trial aims to evaluate the safety, tolerability, and pharmacokinetic profile of CMND-100, with preliminary efficacy assessments for reducing alcohol cravings and consumption.
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