STOCK TITAN

Clearmind Medicine Successfully Completes Part A of its FDA Regulated Phase I/II Trial

(Very Positive)

Clearmind Medicine (Nasdaq: CMND) reported the successful completion of treatment for all participants in Part A of its ongoing FDA-regulated Phase I/II clinical trial of CMND-100 for Alcohol Use Disorder (AUD). All 24 participants across cohorts 1 through 4 completed treatment in line with the study protocol.

The company is now assessing the Part A dataset and, if results remain favorable, plans to initiate the next stage of the clinical program in AUD patients. According to Clearmind, this multicenter trial is conducted under FDA oversight at leading research sites in the United States and Israel, including Yale School of Medicine, Johns Hopkins University School of Medicine, Tel Aviv Sourasky Medical Center, and Hadassah Medical Center. Management highlighted the alignment with protocol and collaboration with world-class centers as they work to advance CMND-100 as a therapeutic candidate for AUD.

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Positive

  • Part A treatment completed for 24 participants across four cohorts
  • Phase I/II CMND-100 trial conducted under FDA oversight
  • Multicenter study at leading U.S. and Israeli institutions, including Yale and Johns Hopkins
  • Clearmind intends to advance to next clinical stage if data remain favorable

Negative

  • No efficacy or safety data from Part A disclosed yet
  • Progression to next trial stage remains conditional on favorable results

Market reaction after Part A trial completion: CMND -9.88% in the Jul 28 session

-9.88%
17 alerts
-9.88% Session close to close
+4.8% Peak Tracked
-16.9% Trough Tracked
$2.66M Market Cap
0.3x Rel. Volume

In the Jul 28 session, CMND declined 9.88%, reflecting a notable negative market reaction. Argus tracked a peak move of +4.8% during that session. Argus tracked a trough of -16.9% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -9.9% in the session following this news. The tag-specific history recorded a -6.82%...
Analysis

The stock moved -9.9% in the session following this news. The tag-specific history recorded a -6.82% 24-hour move after a prior dosing-completion update. That comparison highlights that completion news did not consistently align with positive trading outcomes. An active F-3 resale registration covers 22,626,988 resale shares.

Key Figures

Participants treated: 24 participants
1 metrics
Participants treated 24 participants Part A, cohorts 1 through 4

Previous Clinical trial Reports

5 past events · Latest: Jun 22 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 22 Part A trial completion Positive -2.9% Treatment completed for all 24 participants; dataset review and next-stage plans followed.
Jun 16 Part A dosing completion Positive -6.8% All 24 participants completed dosing; interim safety indications were reported.
Jun 05 Clinical trial webinar Positive +36.8% Webinar presented early CMND-100 clinical insights from Yale and Johns Hopkins investigators.
May 26 IRB trial approval Positive +14.6% Johns Hopkins IRB approval enabled progression to Parts B and C.
May 12 Participant enrollment milestone Positive +3.8% Twenty participants treated; fourth cohort used a 160 mg dose.

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

Pattern Detected

Responses were mixed across the five tag-matched clinical-trial events, with both positive and negative 24-hour reactions.

Key Terms

phase i/ii, neuroplastogen, alcohol use disorder, FDA oversight
4 terms
phase i/ii medical
"ongoing Phase I/II clinical trial evaluating CMND-100"
"Phase I/II" describes early stages of testing a new medicine or treatment, where researchers first evaluate its safety and then begin to see if it works. For investors, these phases are important because they indicate whether a product is progressing toward potential approval and commercialization, which can impact future value and success prospects. These stages help gauge how close a new treatment is to reaching the market.
neuroplastogen medical
"nonhallucinogenic neuroplastogen-derived treatments"
A neuroplastogen is a drug or compound designed to boost the brain’s ability to rewire and form new connections, enhancing recovery or adaptation after injury, stress, or disease. For investors, these molecules matter because they target underlying brain repair processes rather than just masking symptoms, offering the potential for durable benefits in conditions like depression, neurodegeneration, or cognitive decline—akin to giving a tired garden fresh tools to regrow and reshape itself.
alcohol use disorder medical
"treatment of Alcohol Use Disorder"
A chronic medical condition characterized by an inability to control or stop drinking despite negative effects on health, work, relationships or safety; it ranges from mild to severe based on frequency, loss of control, and withdrawal symptoms. Investors care because its prevalence and treatment options affect markets for pharmaceuticals, medical services and health-related productivity—think of it like a long-running equipment fault in a factory that reduces output and creates demand for repairs and preventive solutions.
FDA oversight regulatory
"The multicenter trial is being conducted under FDA oversight"
FDA oversight means the review, approval, monitoring, and enforcement activities carried out by the U.S. Food and Drug Administration over drugs, medical devices, biologics, food ingredients, and related manufacturing and labeling practices. It matters to investors because FDA decisions and ongoing inspections affect whether products can be sold, how quickly they reach market, and the legal and financial risks a company faces—similar to a building inspector deciding whether a structure is safe to occupy.

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

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Vancouver, Canada, July 28, 2026 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (“Clearmind” or “Company”) (Nasdaq: CMND), a clinical-stage biotechnology company pioneering nonhallucinogenic neuroplastogen-derived treatments for Alcohol Use Disorder (“AUD”), addiction, and weight management, recently announced the successful completion of treatment for all participants in Part A of its ongoing Phase I/II clinical trial evaluating CMND-100 for the treatment of AUD.

All 24 participants across cohorts 1 through 4 have successfully completed treatment according to the study protocol.

The Company is currently assessing the dataset and, assuming results remain favorable, intends to initiate the next stage of the clinical program in AUD patients.

"We are pleased to have successfully completed treatment for all participants in Part A of the study, fully aligned with the clinical protocol," said Adi Zuloff‑Shani, PhD, CEO of Clearmind. "This achievement reflects the dedication of our clinical teams and the value of our partnerships with world‑class research centers across the United States and Israel. With data review now underway, we are eager to progress to the next phase of development and continue advancing CMND‑100 as a promising therapeutic candidate for Alcohol Use Disorder."

The multicenter trial is being conducted under FDA oversight, at leading sites in the United States and Israel, including Yale School of Medicine, Johns Hopkins University School of Medicine, Tel Aviv Sourasky Medical Center, and Hadassah Medical Center.

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, how the Company is currently assessing the dataset and, assuming results remain favorable, its intension to initiate the next stage of the clinical program in Alcohol Use Disorder patients, progressing to the next phase of development and continuing to advance CMND‑100 as a promising therapeutic candidate for Alcohol Use Disorder. 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 Phase I/II trial on July 28, 2026?

Clearmind Medicine announced completion of Part A treatment for all 24 participants in its FDA-regulated Phase I/II CMND-100 trial for Alcohol Use Disorder. According to Clearmind, all four cohorts finished treatment in full alignment with the study protocol and data review is underway.

How many patients were treated in Part A of Clearmind Medicine’s CMND-100 Alcohol Use Disorder trial (CMND)?

Part A included treatment of 24 participants across four cohorts in Clearmind Medicine’s Phase I/II CMND-100 trial for Alcohol Use Disorder. According to Clearmind, every participant successfully completed treatment according to the pre-defined clinical protocol, enabling progression to data assessment.

What is the next step in Clearmind Medicine’s CMND-100 Phase I/II trial for Alcohol Use Disorder (CMND)?

The next step is to initiate the following clinical stage in AUD patients, if results remain favorable. According to Clearmind, the company is currently assessing the Part A dataset and intends to move forward based on the outcome of this ongoing data review.

Is Clearmind Medicine’s CMND-100 Alcohol Use Disorder trial (CMND) conducted under FDA oversight?

Yes, the CMND-100 Phase I/II trial for Alcohol Use Disorder is conducted under FDA oversight. According to Clearmind, this multicenter study is running at leading U.S. and Israeli sites, supporting regulatory quality and structured advancement of the CMND-100 clinical program.

Which clinical centers are participating in Clearmind Medicine’s CMND-100 Phase I/II trial for AUD (CMND)?

Participating centers include Yale School of Medicine, Johns Hopkins University School of Medicine, Tel Aviv Sourasky Medical Center, and Hadassah Medical Center. According to Clearmind, these world-class research sites in the United States and Israel are collaborating on the CMND-100 trial.

What indication is Clearmind Medicine’s CMND-100 targeting in the current Phase I/II trial (CMND)?

CMND-100 is being evaluated for the treatment of Alcohol Use Disorder (AUD) in Clearmind’s ongoing Phase I/II trial. According to Clearmind, the company is developing nonhallucinogenic neuroplastogen-derived treatments focused on AUD, addiction, and weight management within this clinical program.

Has Clearmind Medicine reported efficacy or safety results from Part A of the CMND-100 trial (CMND)?

No efficacy or safety outcomes have been reported yet from Part A of the CMND-100 trial. According to Clearmind, the dataset is currently being assessed, and progression to the next clinical stage depends on whether results remain favorable after this review.