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Clearmind Shares Promising Real-World Insights from Ongoing CMND-100 First-in-Human Trial

(Positive)
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Clearmind Medicine (Nasdaq: CMND) shared real-world insights from its ongoing first-in-human Phase I/IIa trial of CMND-100, a non-hallucinogenic MEAI-based compound for Alcohol Use Disorder (AUD), following a June 10 “Inside MEAI” webinar featuring principal investigators from Yale and Johns Hopkins.

According to Clearmind, investigators reported a generally positive early impression of CMND‑100, emphasizing MEAI’s non-hallucinogenic profile, which may support a simpler, more accessible treatment model without hospitalization, intensive monitoring, or mandatory psychological supervision. They also noted improved blinding versus classical psychedelics, good recruitment progress despite strict eligibility criteria, and a promising early safety profile with no meaningful adverse effects or cardiac safety concerns observed to date. The session also discussed study design, dose escalation, pharmacokinetics, participant experience, and potential applications of MEAI beyond AUD that will require further research.

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Positive

  • Early trial experience shows no meaningful adverse effects or cardiac safety concerns to date
  • Non-hallucinogenic MEAI profile may enable simpler, more accessible AUD treatment settings
  • Recruitment progressing well despite strict eligibility criteria for healthy volunteers in the Phase I/IIa trial

Negative

  • None.

News Market Reaction – CMND

-1.97% 4.3x vol
35 alerts
-1.97% Session close to close
+29.1% Peak Tracked
-15.0% Trough Tracked
$3.08M Market Cap
4.3x Rel. Volume

In the Jul 13 session, CMND declined 1.97%, reflecting a mild negative market reaction. Argus tracked a peak move of +29.1% during that session. Argus tracked a trough of -15.0% from its starting point during tracking. Our momentum scanner triggered 35 alerts that day, indicating elevated trading interest and price volatility. Trading volume was very high at 4.3x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Investigators’ early safety impressions from the first-in-human CMND-100 trial add to recent AUD-foc...
Analysis

Investigators’ early safety impressions from the first-in-human CMND-100 trial add to recent AUD-focused milestones, but an effective F-3 resale shelf for 22,626,988 shares and high short positioning remain key overhangs to watch as fuller clinical data emerge.

Historical Context

5 past events · Latest: Jul 07 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 07 Formulation study update Positive -9.4% Reported successful feasibility for intranasal MEAI formulation targeting AUD treatment.
Jun 29 Patent grant Positive -3.4% Announced new U.S. patent expanding IP around MEAI for binge behaviors.
Jun 22 Clinical trial milestone Positive -4.6% Completed treatment for 24 participants in Part A of CMND-100 AUD trial.
Jun 18 Patent grant Positive -2.9% Received U.S. patent lifting portfolio to 32 granted patents supporting CMND-100.
Jun 16 Clinical dosing update Positive -6.8% Completed dosing for 24 participants in Part A, with strong interim safety profile.

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

Pattern Detected

Recent positive R&D and patent updates have typically been followed by negative next-day price moves.

Key Terms

phase i/ii a, non-hallucinogenic, dose escalation, pharmacokinetics
4 terms
phase i/ii a medical
"ongoing Phase I/II a Trial Highlighted Positive Early Experience"
Phase I/IIa is an early-stage clinical trial that combines first-in-human safety and dose-finding testing (Phase I) with a preliminary evaluation of whether the treatment shows signs of effectiveness in patients (Phase IIa). It matters to investors because the results can reveal whether a drug is safe at workable doses and begins to demonstrate clinical benefit, information that often drives decisions about further development and the company’s valuation — like a prototype test that checks both safety and initial performance.
non-hallucinogenic medical
"non-hallucinogenic MEAI Compound for Alcohol Use Disorder"
A non-hallucinogenic substance is one that does not produce hallucinations or significant distortions of perception, mood, or thought; think of a medicine that relieves symptoms without causing vivid sensory experiences or altered reality. For investors, non-hallucinogenic status matters because it can mean fewer safety concerns, simpler regulatory approval, broader patient acceptance, and potentially lower liability and marketing barriers, which affect commercial viability and risk.
dose escalation medical
"insights into study design, dose escalation, pharmacokinetics, participant experience"
Dose escalation is the process of gradually increasing the amount of a treatment or substance over time. In finance, it can refer to slowly raising investments or commitments to manage risk and assess performance. For investors, understanding dose escalation helps gauge how companies or strategies adjust their approaches, which can impact future growth or stability.
pharmacokinetics medical
"insights into study design, dose escalation, pharmacokinetics, participant experience"
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.

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

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Principal Investigators of the Ongoing Phase I/II a Trial Highlighted Positive Early Experience with Clearmind Medicine’s Non-Hallucinogenic MEAI Compound for Alcohol Use Disorder

Vancouver, Canada, July 13, 2026 (GLOBE NEWSWIRE) -- Clearmind Medicine Inc. (Nasdaq: CMND) (“Clearmind” or 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, today provides key insights from its June 10 webinar, “Inside MEAI,” during which the Company’s CEO and the leading investigators of the Company’s ongoing first-in-human clinical trial of CMND-100 (the “Trial”), provided an update based on their "hands-on" experience from the  Trial.

Watch the webinar here.

Based on the data available to date from the Trial, Dr. Anahita Bassir Nia of Yale School of Medicine and Dr. Jennifer Ellis of Johns Hopkins University have conveyed a generally positive impression of CMND‑100 and the ongoing Phase I/IIa study.  They highlighted the significant unmet need in Alcohol Use Disorder (AUD), where currently available treatments are limited in number and often accompanied by notable side effects.

Key points emphasized by the investigators included:

  • The non-hallucinogenic profile of MEAI, which differentiates it from classical psychedelics. This could enable a much simpler and more accessible treatment model, without the need for hospitalization, intensive monitoring, or mandatory psychological/psychiatric supervision.
  • The reduced dependence on subjective psychedelic experiences improves blinding and allows for a clearer assessment of the compound’s direct pharmacological effects.
  • Recruitment has progressed well despite strict eligibility criteria for healthy volunteers.
  • A promising early safety profile with no meaningful adverse effects or cardiac safety concerns observed to date.

The session provided valuable insights into study design, dose escalation, pharmacokinetics, participant experience, and next steps, while underscoring that there is high potential for broader applications of MEAI beyond AUD where further research will be required.

Dr. Adi Zuloff-Shani, CEO of Clearmind Medicine, stated: “Much of the progress and success we are seeing in this trial stems from our strategic choice of outstanding research partners. We are privileged to collaborate with two highly experienced and dedicated investigators, Dr. Bassir Nia and Dr. Ellis, at two of the world’s leading medical centers. Their expertise and commitment together with our outstanding investigators from additional top-tier institutions, have been instrumental, and we are very pleased that our joint work to date has been smooth and productive. We believe these collaborations contribute to the groundbreaking research that drives our mission forward to deliver a meaningful new treatment option for patients suffering from alcohol use disorder.”

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, that there is high potential for broader applications of MEAI beyond AUD where further research will be required and its belief that these collaborations contribute to the groundbreaking research that drives our mission forward to deliver a meaningful new treatment option for patients suffering from 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) report about its CMND-100 Phase I/IIa trial for Alcohol Use Disorder?

Clearmind reported generally positive early trial impressions for CMND-100 in Alcohol Use Disorder. According to Clearmind, investigators highlighted MEAI’s non-hallucinogenic profile, good recruitment despite strict criteria, and a promising early safety profile without meaningful adverse events or cardiac safety concerns so far.

How is CMND-100 different from classical psychedelics in Clearmind Medicine’s ongoing CMND (Nasdaq) trial?

CMND-100 uses MEAI, described as non-hallucinogenic, differentiating it from classical psychedelics. According to Clearmind, this profile could allow simpler, more accessible treatment without hospitalization, intensive monitoring, or mandatory psychological supervision, and may improve blinding by reducing dependence on subjective psychedelic experiences.

What early safety data were shared for Clearmind’s CMND-100 first-in-human trial as of July 13, 2026?

Investigators reported a promising early safety profile for CMND-100, with no meaningful adverse effects noted. According to Clearmind, no cardiac safety concerns have been observed to date in the ongoing Phase I/IIa trial, based on data discussed in the June 10, 2026 webinar.

How is patient recruitment progressing in Clearmind Medicine’s CMND-100 Phase I/IIa study for AUD?

Recruitment in the CMND-100 Phase I/IIa trial is progressing well, despite strict eligibility criteria. According to Clearmind, investigators emphasized that enrollment of healthy volunteers has advanced satisfactorily, supporting continued dose escalation and data collection in the first-in-human Alcohol Use Disorder study.

What potential applications beyond Alcohol Use Disorder were discussed for MEAI in Clearmind Medicine’s CMND-100 program?

Investigators noted high potential for broader MEAI applications beyond Alcohol Use Disorder, though details remain exploratory. According to Clearmind, the webinar underscored that any extension to other indications will require further research, supported by ongoing work on pharmacokinetics, dosing, and participant experience.

Who are the principal investigators in Clearmind Medicine’s CMND-100 first-in-human trial and what are their roles?

Dr. Anahita Bassir Nia from Yale and Dr. Jennifer Ellis from Johns Hopkins lead the CMND-100 trial. According to Clearmind, they provide hands-on clinical oversight, assess safety, recruitment, and participant experience, and shared their early impressions in the June 10, 2026 “Inside MEAI” webinar.