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Clearmind Medicine's Data and Safety Monitoring Board Unanimously Approves Continuation of Phase I/IIa Clinical Trial for CMND-100 Following Positive Interim Safety Review

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Clearmind Medicine (Nasdaq: CMND) announced that its independent Data and Safety Monitoring Board completed an interim review of the FDA‑approved Phase I/IIa trial of CMND-100 for Alcohol Use Disorder on Nov 24, 2025 and unanimously recommended the trial continue.

Key interim findings from the initial dosing cohort included no serious adverse events, general good tolerability, and high adherence to the dosing regimen and study protocol. The multinational trial evaluates safety, tolerability, pharmacokinetics, and preliminary efficacy in reducing alcohol cravings and consumption.

Clearmind Medicine (Nasdaq: CMND) ha annunciato che il suo Independent Data and Safety Monitoring Board ha completato una revisione interina della sperimentazione di fase I/IIa, approvata dalla FDA, di CMND-100 per il disturbo da uso di alcol il 24 novembre 2025 e ha raccomandato all'unanimità che lo studio prosegua. I principali risultati intermedi dalla prima coorte di dosaggio includevano nessun evento avverso grave, tollerabilità generalmente buona e un'alta aderenza al regime di dosaggio e al protocollo dello studio. Il trial multinazionale valuta sicurezza, tollerabilità, farmacocinetica ed efficacia preliminare nel ridurre le voglie e il consumo di alcol.
Clearmind Medicine (Nasdaq: CMND) anunció que su Junta Independiente de Monitoreo de Datos y Seguridad completó una revisión interina del ensayo de fase I/IIa aprobado por la FDA de CMND-100 para el trastorno por consumo de alcohol el 24 de noviembre de 2025 y recomendó por unanimidad que el ensayo continúe. Los hallazgos interinos clave de la primera cohorte de dosis incluían la ausencia de eventos adversos graves, una tolerabilidad general buena y una alta adherencia al régimen de dosificación y al protocolo del estudio. El ensayo multinational evalúa seguridad, tolerabilidad, farmacocinética y eficacia preliminar para reducir los antojos de alcohol y el consumo.
클리어마인드 메디슨(Nasdaq: CMND)은 FDA가 승인한 CMND-100의 I/IIa 단계 임상 시험에 대한 독립적인 데이터 및 안전성 모니터링 위원회가 2025년 11월 24일 중간 검토를 완료했고 연구를 계속 진행할 것을 만장일치로 권고했다고 발표했습니다. 초기 투여 코호트의 주요 중간 결과로는 심각한 이상반응이 없었고 전반적으로 내약성이 양호했으며 용량 조절 및 연구 프로토콜에 대한 높은 순응도가 포함되었습니다. 다국가 임상은 안전성, 내약성, 약동학 및 알코올 갈망 및 섭취 감소에 대한 예비 효능을 평가합니다.
Clearmind Medicine (Nasdaq: CMND) a annoncé que son Independent Data and Safety Monitoring Board a terminé un examen intermédiaire de l'essai de phase I/IIa approuvé par la FDA de CMND-100 pour le trouble lié à l'usage d'alcool le 24 novembre 2025 et a unanimement recommandé que l'essai se poursuive.Les résultats intermédiaires clés de la première cohorte de dosage incluaient l'absence d'événements indésirables graves, une tolérabilité générale bonne et une forte adhérence au régime posologique et au protocole de l'étude. L'essai multinational évalue la sécurité, la tolérabilité, la pharmacocinétiques et l'efficacité préliminaire dans la réduction des envies d'alcool et de la consommation.
Clearmind Medicine (Nasdaq: CMND) gab bekannt, dass das unabhängige Data and Safety Monitoring Board eine Zwischenbewertung der FDA-zugelassenen Phase-I/IIa-Studie von CMND-100 bei Alkoholkonsumstörung am 24. November 2025 abgeschlossen hat und einstimmig empfohlen hat, die Studie fortzusetzen. Wichtige Zwischenbefunde aus der initialen Dosiskohorte umfassten keine schweren unerwünschten Ereignisse, allgemein gute Verträglichkeit und eine hohe Adhärenz an das Dosierungsregime und das Studienprotokoll. Die multinationale Studie bewertet Sicherheit, Verträglichkeit, Pharmakokinetik und vorläufige Wirksamkeit bei der Reduktion von Alkoholverlangen und -konsum.
أعلنت شركة Clearmind Medicine (ناسداك: CMND) أن المجلس المستقل لرصد البيانات والسلامة قد أنهى مراجعة وسيطة لإجراء المرحلة I/IIa المعتمد من إدارة الغذاء والدواء لـ CMND-100 لاضطراب استخدام الكحول في 24 نوفمبر 2025 وبالإجماع أوصى باستمرار الدراسة. تشمل النتائج الوسيطة الرئيسية من مجموعة الجرعات الأولية عدم وجود أحداث جانبية خطيرة، وتحمل عام جيد، وامتثال عالي لجدول الجرعات وبروتوكول الدراسة. التجربة متعددة الجنسيات تقيم السلامة والتحمّل والدوائية الحركية والفعالية الأولية في تقليل الرغبة في الكحول واستهلاكه.
Positive
  • DSMB unanimously recommended continuation after interim review
  • No serious adverse events reported in the initial cohort
  • General good tolerability observed across participants
  • High adherence to dosing regimen and study protocol
Negative
  • None.

Insights

Unanimous DSMB clearance after first cohort shows CMND-100 has a favorable safety and tolerability profile, allowing the Phase I/IIa study to continue.

Clearmind received a unanimous recommendation from an independent DSMB to continue its FDA-approved Phase I/IIa trial of CMND-100 following an interim review on Nov. 24, 2025. The DSMB reviewed unblinded safety data from the initial dosing cohort and reported no serious adverse events, generally good tolerability, and strong adherence to the dosing regimen and protocol. This finding preserves the trial’s integrity and allows continued collection of safety, pharmacokinetic, and preliminary efficacy data in participants with moderate to severe Alcohol Use Disorder.

The immediate business mechanism is risk mitigation: an independent safety endorsement reduces the probability of an early halt for safety concerns and preserves regulatory momentum for subsequent development steps. Key dependencies include maintaining recruitment pace, consistent site conduct, and continued absence of safety signals as doses escalate or sample size grows. The claim that CMND-100 is "non-hallucinogenic" and a "neuroplastogen" is presented as the company’s characterization; it is not an efficacy or regulatory conclusion.

Watch for the following concrete near-term items: additional DSMB reviews, expansion of enrolled cohorts, and the first interim efficacy signals that will seed later decisions. The DSMB was established in 2023 and its unanimous recommendation is a positive safety milestone, but later safety and efficacy readouts will determine ultimate clinical and commercial impact.

Vancouver, Canada, Nov. 24, 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 neuroplastogen-derived therapeutics to solve major under-treated health problems, today announced that its independent Data and Safety Monitoring Board (DSMB) has completed a scheduled interim review of the Company’s ongoing FDA-approved Phase I/IIa clinical trial for CMND-100, a proprietary, non-hallucinogenic neuroplastogen, in the treatment of Alcohol Use Disorder (AUD). Based on the encouraging top-line data from the first cohort, which demonstrated a favorable safety profile, the DSMB unanimously recommended that the clinical trial continue.

The multinational, multi-center trial is evaluating the safety, tolerability, pharmacokinetic profile, and preliminary efficacy of CMND-100 in reducing alcohol cravings and consumption among individuals with moderate to severe AUD. The DSMB, comprised of independent experts including specialists in psychiatry, a biostatistician and a neuropsychopharmacologist conducted a thorough review of unblinded safety data from the initial dosing cohort.

Key findings included:

  • No serious adverse events (SAEs) reported.
  • General good tolerability across all participants.
  • Strong treatment observance, with high adherence to the dosing regimen and study protocol.

These results underscore the potential of CMND-100 as a breakthrough therapy for AUD, a condition affecting millions worldwide and contributing to significant healthcare burdens.

"This DSMB recommendation is a pivotal milestone for Clearmind and reinforces our confidence in CMND-100's safety and therapeutic potential," said Dr. Adi Zuloff-Shani, PhD, CEO of Clearmind Medicine. "We believe that the positive interim data from our first cohort, combined with the DSMB 's endorsement to proceed, positions us to accelerate enrollment and advance this innovative treatment toward addressing the unmet needs in alcohol use disorder. We appreciate the significant contributions of our clinical sites and study participants, whose involvement has been instrumental in advancing this program toward its next milestones."

The DSMB was established in 2023 to oversee the first-in-human aspects of the trial, ensuring ongoing patient safety, data integrity, and scientific validity in line with Clearmind's commitment to ethical and rigorous clinical development.

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 potential of CMND-100 as a breakthrough therapy for alcohol use disorder, CMND-100's safety and therapeutic potential, its belief that the positive interim data from the first cohort of the clinical study, combined with the DSMB 's endorsement to proceed with the clinical study, positions the Company to accelerate enrollment and advance CMND-100 as an innovative treatment toward addressing the unmet needs in alcohol use disorder and the progress and timing of its clinical study.. 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 did Clearmind (CMND) announce about the CMND-100 Phase I/IIa trial on Nov 24, 2025?

Clearmind announced the DSMB completed an interim review and unanimously recommended the trial continue after finding no serious adverse events and good tolerability.

What safety results did the CMND-100 interim cohort show in the CMND clinical trial?

The interim cohort reported no serious adverse events, general good tolerability, and strong adherence to the dosing regimen.

How does the DSMB recommendation affect CMND-100 trial enrollment and timeline for CMND?

The company said the DSMB endorsement positions it to accelerate enrollment and advance the program toward its next milestones.

What endpoints is the CMND-100 Phase I/IIa trial (CMND) evaluating?

The multinational trial is evaluating safety, tolerability, pharmacokinetics, and preliminary efficacy in reducing alcohol cravings and consumption.

Who comprised the DSMB that reviewed CMND-100 for Clearmind (CMND)?

The DSMB included independent experts: specialists in psychiatry, a biostatistician, and a neuropsychopharmacologist.
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