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MIRA Pharmaceuticals Advances Non-Opioid Oral MIRA-55 for Inflammatory Pain Toward IND

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(Very Positive)
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MIRA Pharmaceuticals (NASDAQ: MIRA) reported positive 7‑day dose‑range finding toxicology and toxicokinetic results for its oral, non‑opioid inflammatory pain candidate MIRA‑55 in rats and dogs. The cross‑species studies characterized tolerability, toxicity and systemic exposure, identified rats as the more sensitive species, and confirmed greater tolerance in dogs across tested dose levels.

The data met their dose‑range‑finding objective and will guide dose selection and design of subsequent GLP‑compliant toxicology studies in MIRA‑55’s ongoing IND‑enabling program. According to MIRA, prior preclinical work showed analgesic and anti‑inflammatory activity and absence of THC‑like CNS effects, and the DEA determined MIRA‑55 is not a controlled substance. The company is targeting submission of an FDA Investigational New Drug application for MIRA‑55 in Q1 2027, while also advancing Ketamir‑2 toward Phase 2a for CIPN and SKNY‑1 for obesity.

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Positive

  • Completed 7‑day tox studies in rats and dogs to define MIRA‑55 dose range
  • Cross‑species data supported dose selection and design of upcoming GLP tox studies
  • Company is targeting Q1 2027 for MIRA‑55 IND submission to the FDA
  • Prior preclinical model showed MIRA‑55 outperformed injected morphine in pain normalization
  • DEA determined MIRA‑55, Ketamir‑2 and SKNY‑1 are not controlled substances
  • Pipeline includes Ketamir‑2, which has completed Phase 1 and is advancing toward Phase 2a

Negative

  • None.

Market Reaction – MIRA

+0.66% $0.87 568.8x vol
15m delay
+0.66% Vs previous close
+21.9% Peak in 2 hr 7 min
$0.87 Last Price
$0.72 $1.10 Day Range
$36.38M Market Cap
568.8x Rel. Volume

Following this news, MIRA has gained 0.66%, reflecting a mild positive market reaction. Argus tracked a peak move of +21.9% during the session. Our momentum scanner has triggered 73 alerts so far, indicating high trading interest and price volatility. The stock is currently trading at $0.87. Trading volume is exceptionally heavy at 568.8x the average, suggesting very strong buying interest.

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

Market Context

MIRA’s Jun 25 MIRA-55 preclinical update was followed by a -0.3% 24-hour move, adding a mixed histor...
Analysis

MIRA’s Jun 25 MIRA-55 preclinical update was followed by a -0.3% 24-hour move, adding a mixed historical read-through to this milestone. The latest filing also reported $3.6 million cash and substantial doubt about continuing operations, a key funding risk.

Key Figures

Study Duration: 7 days Chronic Pain Prevalence: 24.3% High-Impact Chronic Pain: 8.5% +4 more
7 metrics
Study Duration 7 days Rat and dog dose-range finding toxicology studies
Chronic Pain Prevalence 24.3% U.S. adults in 2023
High-Impact Chronic Pain 8.5% U.S. adults in 2023
Non-Opioid Pain Market $45.3 billion Global market value in 2024
Projected Pain Market $70.3 billion Global market projection for 2030
Projected CAGR 7.7% Global non-opioid pain-treatment market through 2030
Target IND Submission Q1 2027 MIRA-55 submission to the U.S. FDA

Historical Context

5 past events · Latest: Aug 06 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 06 SKNY-1 toxicology Positive +3.1% Positive dog toxicokinetic results supported dose selection for planned GLP toxicology studies.
Jul 30 Pipeline advancement Positive -3.0% MIRA-55 and SKNY-1 advanced toward IND-enabling development with formulation and toxicology work.
Jul 10 MIRA-55 formulation Positive +0.5% Optimized oral formulation showed favorable bioavailability and sustained systemic exposure.
Jul 06 SKNY-1 formulation Positive +1.1% Optimized formulation demonstrated oral bioavailability, systemic exposure, and brain penetration.
Jun 25 MIRA-55 preclinical Positive -0.3% Preclinical data showed differentiated mechanism, reduced CNS effects, and anxiolytic activity.

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

Pattern Detected

Preclinical development announcements showed mixed reactions, with three aligned positive responses and two divergences.

Key Terms

toxicokinetic, glp-compliant, ind-enabling, investigational new drug
4 terms
toxicokinetic medical
"completed 7-day dose-range finding toxicology and toxicokinetic studies"
Toxicokinetic describes how a chemical or drug that can cause harm is absorbed, spread, changed, and removed by the body—essentially tracking the journey and concentration of a potentially toxic substance over time. Investors care because these results shape a product’s safety profile, dosing rules and regulatory odds; strong toxicokinetic data reduces surprise risks much like tracking a package reduces the chance it gets lost or damaged.
glp-compliant regulatory
"design of subsequent GLP-compliant toxicology studies"
Good Laboratory Practice (GLP) compliance means a laboratory follows a set of internationally recognized quality standards for how non-clinical safety studies are planned, performed, recorded and reported. Think of it as a lab’s rulebook and checklist that ensures experiments are traceable and reliable, so regulators can trust the data; this matters to investors because GLP-compliant results reduce regulatory risk and help support approvals or safety assessments.
ind-enabling regulatory
"MIRA-55's ongoing IND-enabling program"
Ind-enabling describes the preclinical tests and safety work a drug candidate must pass before a company can ask regulators for permission to start human trials (an Investigational New Drug or IND filing). Think of it as the mechanical inspection and crash-testing a prototype car needs before it can legally be driven on public roads; for investors, successful ind-enabling work reduces technical and regulatory risk and makes clinical progress and potential value creation more likely.
investigational new drug regulatory
"submission of an Investigational New Drug application"
An investigational new drug is a medication that is still being tested in clinical trials to determine if it is safe and effective for treating a specific condition. For investors, it represents a potential breakthrough that could lead to a new treatment and significant financial gains if successful, but also carries risks since it has not yet been approved for widespread use.

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

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Positive Toxicology Results From 7-Day Rat and Dog Studies Characterize Tolerability and Inform Dose Selection for Next Phase of IND-Enabling Program, Targeting Q1 2027 IND Submission

MIAMI, Sept. 01, 2026 (GLOBE NEWSWIRE) -- MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) ("MIRA" or the "Company"), a clinical-stage pharmaceutical company developing novel oral small-molecule therapeutics, today announced positive results from completed 7-day dose-range finding toxicology and toxicokinetic studies of MIRA-55 in rats and dogs. MIRA-55 is the Company's investigational oral, non-opioid drug candidate being developed for inflammatory pain.

Cross-Species Study Findings

The completed studies characterized tolerability, toxicity, and systemic exposure across both species. Rats were identified as the more sensitive species, while dogs demonstrated greater tolerance across the dose levels studied. Toxicokinetic analyses confirmed systemic exposure in both species and characterized how exposure changed with dose and repeated administration.

Importantly, the studies achieved their intended dose-range finding objective by generating the cross-species information needed to guide dose selection for the next phase of MIRA-55's ongoing IND-enabling program. The Company plans to use these findings to inform the design of subsequent GLP-compliant toxicology studies.

"Inflammatory pain is a massive unmet need affecting millions of patients globally, and current treatments carry significant liabilities that drive patients to seek alternatives. MIRA-55 represents a genuine opportunity to address that need with a differentiated approach. These tox results are an important milestone as we move toward human studies," said Erez Aminov, CEO of MIRA.

“MIRA-55 was designed to provide a differentiated approach to inflammatory pain by modulating cannabinoid pathways involved in both pain signaling and inflammation,” said Itzchak Angel, Ph.D., Chief Scientific Advisor of MIRA. “The results of these studies further characterize the compound’s tolerability and systemic exposure across species and add to a broader preclinical profile that has demonstrated analgesic and anti-inflammatory activity, while prior behavioral studies showed that MIRA-55 did not produce the characteristic CNS effects associated with THC. Taken together, these findings strengthen the scientific foundation for continued IND-enabling development.”

A Significant Need for New Non-Opioid Pain Treatments

The need for new approaches to pain management remains substantial. In 2023, 24.3% of U.S. adults experienced chronic pain, including 8.5% who experienced high-impact chronic pain that frequently limited life or work activities, according to the U.S. Centers for Disease Control and Prevention.

The global non-opioid pain-treatment market was valued at approximately $45.3 billion in 2024 and is projected to reach approximately $70.3 billion by 2030, representing a projected compound annual growth rate of approximately 7.7%, according to Grand View Research.

MIRA-55 is being developed within this landscape as an investigational oral, non-opioid therapy for inflammatory pain. In previously reported preclinical studies conducted separately from the toxicology studies announced today, oral MIRA-55 normalized pain responses and significantly reduced inflammation in a validated inflammatory pain model, outperforming injected morphine in pain normalization.

MIRA believes this combination of analgesic and anti-inflammatory activity represents a differentiated approach to inflammatory pain, where the goal is not only to address pain signaling but also the inflammatory processes contributing to pain.

Next Steps

MIRA plans to use the completed dose-range finding data to support the next phase of its ongoing IND-enabling toxicology program.

In parallel, the Company has successfully advanced manufacturing scale-up and formulation work for MIRA-55 in support of its broader preparations for clinical development.

Subject to successful completion of the remaining IND-enabling studies, applicable regulatory requirements and other development considerations, the Company is targeting submission of an Investigational New Drug application for MIRA-55 to the U.S. Food and Drug Administration in the first quarter of 2027.

About MIRA-55

MIRA-55 is an investigational oral small-molecule drug candidate being developed as a potential non-opioid therapy for inflammatory pain. The compound is designed to modulate cannabinoid receptor pathways associated with pain and inflammation while minimizing the characteristic psychoactive effects associated with THC.

In previously reported preclinical studies, oral MIRA-55 demonstrated analgesic and anti-inflammatory activity, including normalization of pain responses and reductions in inflammation in a validated inflammatory pain model. Additional behavioral and mechanistic studies showed that MIRA-55 did not produce the characteristic CNS effects associated with THC and demonstrated a differentiated pharmacological profile.

Following scientific review, the U.S. Drug Enforcement Administration determined that MIRA-55 is not classified as a controlled substance.

About MIRA Pharmaceuticals, Inc.

MIRA Pharmaceuticals, Inc. (NASDAQ: MIRA) is a clinical-stage pharmaceutical company developing novel oral small-molecule therapeutics. The Company's pipeline includes Ketamir-2 for chemotherapy-induced peripheral neuropathy (CIPN), which has completed Phase 1 and is advancing toward Phase 2a under an active IND; MIRA-55, an investigational oral drug candidate for inflammatory pain; and SKNY-1, an investigational oral drug candidate for obesity. Following scientific review, the U.S. Drug Enforcement Administration has determined that Ketamir-2, MIRA-55 and SKNY-1 are not classified as controlled substances.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally may be identified by the use of words such as "anticipate," "expect," "plan," "can," "could," "would," "may," "will," "believe," "estimate," "forecast," "goal," "project," "guidance," "potential," "intend," "seek," "target" and other words of similar meaning, although not all forward-looking statements include these words. Forward-looking statements may include, but are not limited to, statements regarding the therapeutic potential, mechanism of action, development plans, regulatory pathway, safety profile, efficacy, anticipated clinical development, commercialization prospects, market opportunity, and future development of MIRA-55, SKNY-1, Ketamir-2, and the Company's other product candidates.

These forward-looking statements are based on current expectations, estimates, forecasts, and projections, as well as management's current beliefs and assumptions, and are subject to significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks related to preclinical and clinical development, the ability to obtain regulatory approvals, the outcome of future studies, reliance on third parties, intellectual property protection, financing needs, market conditions, and the other risks identified under the heading "Risk Factors" contained in the Company's Annual Report on Form 10-K and the Company's subsequent filings with the U.S. Securities and Exchange Commission (“SEC”).

Forward-looking statements contained in this press release speak only as of the date of this press release, and the Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

Investors are cautioned not to place undue reliance on these forward-looking statements. Additional information regarding these and other risks and uncertainties is contained in the Company's filings with the SEC, including its Annual Report on Form 10-K and subsequent filings, available at www.sec.gov and in the Investors section of the Company's website at www.mirapharmaceuticals.com. Forward-looking statements should be considered in light of these risks and uncertainties.

Investor and Media Contact

Krystina Quintana
MIRA Pharmaceuticals
info@mirapharma.com
(786) 432-9792


FAQ

What did MIRA Pharmaceuticals (NASDAQ: MIRA) announce about MIRA-55 on September 1, 2026?

MIRA Pharmaceuticals announced positive 7-day toxicology and toxicokinetic results for its oral, non-opioid inflammatory pain candidate MIRA-55. According to MIRA, these rat and dog studies defined tolerability, toxicity and systemic exposure, and will guide dose selection and design of the next GLP toxicology phase in its IND-enabling program.

How do the MIRA-55 rat and dog toxicology results support MIRA (MIRA) IND plans?

The 7-day rat and dog studies provided cross-species tolerability and exposure data needed for dose selection. According to MIRA, these dose-range finding results achieved their objective and will inform subsequent GLP-compliant toxicology studies, supporting the company’s plan to advance toward an IND submission for MIRA-55.

When is MIRA Pharmaceuticals targeting the MIRA-55 IND submission to the FDA (ticker MIRA)?

MIRA Pharmaceuticals is targeting submission of an Investigational New Drug application for MIRA-55 in the first quarter of 2027. According to MIRA, this target depends on successful completion of remaining IND-enabling studies, applicable regulatory requirements and other development considerations before filing with the U.S. Food and Drug Administration.

Is MIRA-55 a non-opioid and non-controlled substance for inflammatory pain?

MIRA-55 is described as an investigational oral, non-opioid therapy candidate for inflammatory pain. According to MIRA, the Drug Enforcement Administration, after scientific review, determined that MIRA-55 is not classified as a controlled substance, and the compound is designed to modulate cannabinoid pathways while minimizing THC-like psychoactive effects.

How did MIRA-55 perform versus morphine in preclinical inflammatory pain models, according to MIRA (NASDAQ: MIRA)?

In previously reported preclinical studies, oral MIRA-55 normalized pain responses and significantly reduced inflammation in a validated inflammatory pain model. According to MIRA, MIRA-55 outperformed injected morphine in pain normalization, while additional studies showed no characteristic CNS effects associated with THC, supporting a differentiated pharmacological profile.

What is the mechanism of action proposed for MIRA-55 in treating inflammatory pain?

MIRA-55 is designed to modulate cannabinoid receptor pathways involved in pain signaling and inflammation. According to MIRA, preclinical data showed both analgesic and anti-inflammatory activity, while behavioral studies indicated MIRA-55 did not produce characteristic THC-like central nervous system effects, suggesting a differentiated approach to inflammatory pain management.

What other drug candidates are in MIRA Pharmaceuticals’ pipeline besides MIRA-55 (MIRA)?

MIRA’s pipeline includes Ketamir-2 for chemotherapy-induced peripheral neuropathy and SKNY-1 for obesity, alongside MIRA-55. According to MIRA, Ketamir-2 has completed Phase 1 and is advancing toward Phase 2a, and the DEA has determined all three candidates are not classified as controlled substances.