STOCK TITAN

Clearmind Reaches Key Clinical Trial Milestone as DSMB Unanimously Clears Progression in AUD Study

(Very Positive)

Clearmind Medicine (Nasdaq: CMND) reported that an independent Data and Safety Monitoring Board (DSMB) unanimously approved advancing its FDA‑regulated Phase I/II clinical trial of CMND‑100 for Alcohol Use Disorder (AUD) from Part A to Parts B and C.

According to Clearmind Medicine, Part A in healthy participants met its primary safety endpoint, showing a favorable safety and tolerability profile across all planned dose levels. Part B will, for the first time, test CMND‑100 in human patients with moderate to severe AUD, enrolling two sequential cohorts of six patients at 80 mg and 160 mg doses to assess safety, tolerability and early activity signals such as reduced alcohol consumption and craving. Part C will run concurrently in healthy volunteers, using a 160 mg fixed daily dose for five days in a double‑blind, placebo‑controlled design to further characterize safety and tolerability. The multicenter trial is conducted at leading sites including Johns Hopkins University, Yale School of Medicine, Tel Aviv Sourasky Medical Center and Hadassah Medical Center.

Loading...
Loading translation...

Positive

  • DSMB unanimous approval to advance CMND‑100 Phase I/II AUD trial to Parts B and C
  • Primary safety endpoint met in Part A with favorable safety and tolerability across all planned dose levels
  • First testing in AUD patients in Part B, two cohorts of six patients at 80 mg and 160 mg
  • Double‑blind, placebo‑controlled Part C at 160 mg for five days to deepen safety characterization

Negative

  • None.

Market Reaction – CMND

-0.55% $1.75
15m delay
-0.55% Vs previous close
$1.75 Last Price
$1.68 $1.86 Day Range
$2.53M Market Cap
0.0x Rel. Volume

Following this news, CMND has declined 0.55%, reflecting a mild negative market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.75.

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

Market Context

News_id 1073021 followed a clinical-trial milestone with a -2.93% 24-hour reaction. That history pla...
Analysis

News_id 1073021 followed a clinical-trial milestone with a -2.93% 24-hour reaction. That history places the DSMB clearance in a mixed response pattern; the active F-3 resale registration and ongoing patient enrollment remain relevant platform risks.

Key Figures

Announcement date: Aug. 06, 2026 Patient cohorts: 2 cohorts of 6 patients Part B doses: 80 mg and 160 mg +2 more
5 metrics
Announcement date Aug. 06, 2026 Clearmind Medicine announcement
Patient cohorts 2 cohorts of 6 patients Part B; moderate to severe AUD
Part B doses 80 mg and 160 mg Sequential patient cohorts
Part C dose 160 mg daily Healthy participants
Part C treatment duration 5 consecutive days Fixed-dose administration

Previous Clinical trial Reports

5 past events · Latest: Jul 28 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 28 Part A completion Positive -9.9% All 24 Part A participants completed treatment according to the study protocol.
Jun 22 Part A completion Positive -2.9% Treatment concluded for all 24 participants across four Phase I/II trial cohorts.
Jun 16 Part A dosing Positive -6.8% Dosing finished for 24 healthy participants across four escalating-dose cohorts.
Jun 05 Clinical webinar Positive +36.8% Company scheduled a webinar to review early CMND-100 clinical-trial data.
May 26 IRB progression Positive +14.6% Johns Hopkins IRB approved advancement of the CMND-100 trial to Parts B and C.

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

Pattern Detected

Most recent favorable clinical-trial updates diverged from the stock's price reaction, although one prior progression approval aligned with a gain.

Key Terms

data and safety monitoring board, pharmacokinetics, double-blind, placebo-controlled, fda-regulated
4 terms
data and safety monitoring board regulatory
"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, placebo-controlled medical
"This double-blind, placebo-controlled segment will further characterize"
A clinical trial design in which participants are randomly assigned to receive either the experimental treatment or an inactive substitute (a placebo), and neither the participants nor the researchers know who is receiving which. This setup limits bias and makes it far easier to tell whether a drug or intervention truly works, similar to a blind taste test, so results carry more weight for regulatory decisions and for investors assessing a product’s commercial prospects.
fda-regulated regulatory
"ongoing FDA-regulated Phase I/II clinical trial"
Products, tests, drugs or manufacturing processes that are subject to oversight by the U.S. Food and Drug Administration (FDA); this means they must meet specific safety, effectiveness and quality rules before they can be marketed or continued in the market. For investors, 'FDA-regulated' signals that a product’s path to sales depends on regulatory reviews, inspections and possible approvals or warnings—similar to how a building needs permits and inspections before it can be occupied—which can affect timelines, costs and business risk.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Clearmind Medicine has received Independent Data and Safety Monitoring Board (DSMB) approval to advance its clinical evaluation of CMND‑100 in patients with Alcohol Use Disorder (AUD) - a key milestone in the progression of the Company’s clinical development program.

Vancouver, Canada, Aug. 06, 2026 (GLOBE NEWSWIRE) --  Clearmind Medicine Inc. (Nasdaq: CMND) (the “Company”), a clinical-stage biotechnology company pioneering nonhallucinogenic neuroplastogenderived treatments for AUD, addictions, and weight management, today 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 and in healthy participants, respectively. 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 This 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 will 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 multicenter 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 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 clinical milestone did Clearmind Medicine (CMND) announce for CMND-100 in August 2026?

Clearmind Medicine reported DSMB approval to advance its Phase I/II CMND-100 trial to Parts B and C. According to Clearmind Medicine, this follows successful completion of Part A, where CMND-100 met its primary safety endpoint with a favorable tolerability profile in healthy participants.

What did the DSMB decide about Clearmind Medicine's CMND-100 AUD trial?

The independent DSMB unanimously approved moving the CMND-100 Phase I/II trial into Parts B and C. According to Clearmind Medicine, this recommendation came after reviewing the full Part A safety dataset and confirming CMND-100 met its primary safety and tolerability endpoint.

What happens in Part B of Clearmind Medicine's CMND-100 Phase I/II AUD study?

Part B will evaluate CMND-100 in human patients with moderate to severe Alcohol Use Disorder. According to Clearmind Medicine, two sequential cohorts of six patients will receive 80 mg and 160 mg doses to assess safety, tolerability and early signs of reduced alcohol consumption and craving.

How is Part C of the CMND-100 clinical trial designed for Clearmind Medicine (CMND)?

Part C will study CMND-100 in healthy participants at 160 mg daily for five days. According to Clearmind Medicine, this segment is double-blind and placebo-controlled, focusing on further characterizing the safety and tolerability profile of CMND-100 in a controlled setting.

Which clinical sites are involved in Clearmind Medicine's CMND-100 AUD trial?

The CMND-100 Phase I/II trial is being conducted at several leading clinical centers. According to Clearmind Medicine, sites include Johns Hopkins University, Yale School of Medicine, Tel Aviv Sourasky Medical Center and Hadassah Medical Center, supporting a multicenter study design.

What are the main goals of Clearmind Medicine's Phase I/II CMND-100 trial for Alcohol Use Disorder?

The study aims to evaluate safety, tolerability, pharmacokinetics and preliminary efficacy in AUD. According to Clearmind Medicine, endpoints include reducing drinking patterns and alcohol craving in individuals with moderate to severe Alcohol Use Disorder treated with CMND-100.