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MIRA Pharmaceuticals Reports No Brain Toxicity in FDA-Required Study of Ketamir-2, Confirming Absence of Ketamine-Linked Neurotoxicity

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MIRA Pharmaceuticals (NASDAQ:MIRA) announced positive results from an FDA-required neurotoxicity study for its novel oral drug Ketamir-2, an NMDA receptor antagonist. The study revealed no evidence of brain toxicity, particularly the absence of Olney lesions commonly associated with ketamine and similar drugs. Ketamir-2, designed as a non-controlled substance with strong oral bioavailability, has shown promising preclinical results including full reversal of pain thresholds in neuropathic pain models, outperforming existing treatments like gabapentin. The company is currently conducting a Phase I clinical trial and preparing for a Phase IIa proof-of-concept trial in diabetic patients with neuropathic pain.
MIRA Pharmaceuticals (NASDAQ:MIRA) ha annunciato risultati positivi da uno studio sulla neurotossicità richiesto dalla FDA per il suo nuovo farmaco orale Ketamir-2, un antagonista del recettore NMDA. Lo studio non ha rilevato alcuna evidenza di tossicità cerebrale, in particolare l'assenza di lesioni di Olney comunemente associate a ketamina e farmaci simili. Ketamir-2, progettato come sostanza non controllata con elevata biodisponibilità orale, ha mostrato risultati preclinici promettenti, inclusa la completa inversione delle soglie del dolore in modelli di dolore neuropatico, superando trattamenti esistenti come il gabapentin. L'azienda sta attualmente conducendo uno studio clinico di Fase I e si sta preparando per uno studio di Fase IIa di prova di concetto su pazienti diabetici con dolore neuropatico.
MIRA Pharmaceuticals (NASDAQ:MIRA) anunció resultados positivos de un estudio de neurotoxicidad requerido por la FDA para su nuevo medicamento oral Ketamir-2, un antagonista del receptor NMDA. El estudio no mostró evidencia de toxicidad cerebral, especialmente la ausencia de lesiones de Olney comúnmente asociadas con ketamina y fármacos similares. Ketamir-2, diseñado como una sustancia no controlada con alta biodisponibilidad oral, ha demostrado resultados preclínicos prometedores, incluyendo la reversión completa de los umbrales de dolor en modelos de dolor neuropático, superando tratamientos existentes como gabapentina. La compañía está actualmente realizando un ensayo clínico de Fase I y preparándose para un ensayo de prueba de concepto de Fase IIa en pacientes diabéticos con dolor neuropático.
MIRA Pharmaceuticals(NASDAQ:MIRA)는 새로운 경구용 약물 Ketamir-2에 대해 FDA가 요구한 신경독성 연구에서 긍정적인 결과를 발표했습니다. Ketamir-2는 NMDA 수용체 길항제로, 연구 결과 뇌 독성의 증거가 전혀 없었으며, 특히 케타민 및 유사 약물과 관련된 Olney 병변이 발견되지 않았습니다. Ketamir-2는 강한 경구 생체이용률을 가진 비규제 물질로 설계되었으며, 신경병증성 통증 모델에서 통증 역치의 완전한 회복을 포함한 유망한 전임상 결과를 보였고, 가바펜틴과 같은 기존 치료제보다 뛰어난 효과를 나타냈습니다. 현재 회사는 1상 임상시험을 진행 중이며, 당뇨병성 신경병증성 통증 환자를 대상으로 하는 2a상 개념증명 임상시험을 준비하고 있습니다.
MIRA Pharmaceuticals (NASDAQ:MIRA) a annoncé des résultats positifs d'une étude de neurotoxicité exigée par la FDA pour son nouveau médicament oral Ketamir-2, un antagoniste des récepteurs NMDA. L'étude n'a révélé aucune preuve de toxicité cérébrale, notamment l'absence de lésions d'Olney souvent associées à la kétamine et à des médicaments similaires. Ketamir-2, conçu comme une substance non contrôlée avec une forte biodisponibilité orale, a montré des résultats précliniques prometteurs, incluant la rétablissement complet des seuils de douleur dans des modèles de douleur neuropathique, surpassant des traitements existants tels que la gabapentine. La société mène actuellement un essai clinique de phase I et prépare un essai de preuve de concept de phase IIa chez des patients diabétiques souffrant de douleur neuropathique.
MIRA Pharmaceuticals (NASDAQ:MIRA) gab positive Ergebnisse einer von der FDA geforderten Neurotoxizitätsstudie für sein neues orales Medikament Ketamir-2, einen NMDA-Rezeptor-Antagonisten, bekannt. Die Studie zeigte keine Hinweise auf Gehirntoxizität, insbesondere fehlten die für Ketamin und ähnliche Medikamente typischen Olney-Läsionen. Ketamir-2, entwickelt als nicht kontrollierte Substanz mit hoher oraler Bioverfügbarkeit, zeigte vielversprechende präklinische Ergebnisse, darunter die vollständige Umkehrung der Schmerzschwellen in neuropathischen Schmerzmodellen und übertraf bestehende Behandlungen wie Gabapentin. Das Unternehmen führt derzeit eine Phase-I-Studie durch und bereitet eine Phase-IIa-Wirksamkeitsstudie bei diabetischen Patienten mit neuropathischen Schmerzen vor.
Positive
  • No brain toxicity or Olney lesions detected in FDA-required study, confirming safety profile
  • Drug demonstrated superior performance vs FDA-approved treatments in preclinical studies
  • Strong oral bioavailability and not classified as controlled substance, potentially streamlining development
  • Successfully progressing with Phase I trial enrollment
Negative
  • None.

Insights

Ketamir-2 clears critical FDA neurotoxicity hurdle, validating its safer NMDA-receptor profile compared to ketamine while maintaining therapeutic potential.

This neurotoxicity study represents a significant milestone for MIRA's development program. The complete absence of Olney lesions—the characteristic vacuolar brain changes seen with traditional NMDA antagonists like ketamine—addresses one of the primary safety barriers that has historically limited this therapeutic class.

The molecular engineering behind Ketamir-2 deserves particular attention. By specifically reducing affinity for the PCP binding site while maintaining NMDA receptor modulation, MIRA has potentially accomplished what many CNS drug developers have attempted: separating therapeutic efficacy from neurotoxic effects. This receptor selectivity represents a genuine pharmacological advancement rather than a minor formulation tweak.

In the preclinical model, using MK-801 as a positive control was methodologically sound. MK-801 is known to reliably produce neurotoxicity through NMDA antagonism, so demonstrating that Ketamir-2 lacks these effects at high doses while the positive control exhibits expected toxicity strengthens confidence in the findings.

The preclinical efficacy data showing superiority to gabapentin and pregabalin is meaningful for the neuropathic pain indication. These current standards of care have significant limitations in both efficacy and tolerability, leaving substantial unmet need.

From a development perspective, Ketamir-2's non-controlled substance classification by the DEA removes significant regulatory barriers that have constrained ketamine's clinical utility. Combined with oral administration—versus ketamine's invasive IV route—these attributes could translate to dramatically improved clinical utility if the safety profile maintains in human trials.

The progression to Phase I with plans for Phase IIa studies in diabetic neuropathic pain reflects a logical clinical development strategy targeting a well-defined patient population with measurable endpoints. This neurotoxicity data will likely satisfy a key FDA concern, potentially streamlining the regulatory pathway forward.

MIRA's Ketamir-2 successfully clears FDA-required neurotoxicity testing, significantly de-risking development pathway for this potentially differentiated NMDA modulator.

This positive neurotoxicity data represents a significant de-risking event for MIRA's lead program. By clearing this FDA-required safety hurdle, MIRA addresses a fundamental regulatory concern for NMDA-targeting therapeutics while maintaining momentum in their clinical program.

The absence of Olney lesions directly tackles a historically problematic safety issue that has limited the development of NMDA antagonists despite their promising efficacy profiles across multiple neurological conditions. For investors, this translates to reduced clinical development risk and potentially increased probability of success compared to other NMDA-targeting competitors.

MIRA's strategic focus on neuropathic pain—specifically targeting diabetic patients in their planned Phase IIa trial—positions Ketamir-2 in a market with substantial commercial potential. The global neuropathic pain market exceeds $5 billion annually with significant growth projections, driven partly by increasing diabetes prevalence. Current treatments like gabapentin and pregabalin have notable efficacy and tolerability limitations, creating a clear opportunity for superior alternatives.

Two commercial differentiators deserve emphasis: First, the oral administration route eliminates the logistical challenges and expense of ketamine's IV delivery requirements. Second, the non-controlled substance designation removes substantial prescribing barriers, potentially enabling broader physician adoption and patient access compared to controlled NMDA modulators.

For MIRA as a clinical-stage company, this successful safety study enables continued development of their lead asset while potentially making the program more attractive for partnership or acquisition interest from larger pharmaceutical companies seeking differentiated CNS assets with reduced development risk.

While this preclinical milestone is clearly positive, investors should recognize that significant development hurdles remain, including demonstrating consistent safety in humans and confirming the promising efficacy signals from preclinical models in clinical populations.

Preclinical data supports the advancement of oral Ketamir-2 as a safe, next-generation alternative to ketamine, with ongoing momentum in Phase I clinical trial enrollment

MIAMI, FL / ACCESS Newswire / May 6, 2025 / MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) ("MIRA" or the "Company"), a clinical-stage pharmaceutical company focused on developing breakthrough treatments for neurological and neuropsychiatric conditions, today announced positive results from a neurotoxicity study of Ketamir-2, its novel oral NMDA receptor antagonist. The study was required by the U.S. Food and Drug Administration (FDA) prior to initiating human dosing in the United States.

The preclinical study showed no evidence of brain toxicity, including the absence of Olney lesions-vacuolar brain changes historically associated with older NMDA-targeting drugs such as ketamine and MK-801. These results further confirm the favorable safety profile of Ketamir-2 and support its safe continued clinical development.

"These results represent a key milestone in the development of Ketamir-2," said Erez Aminov, Chairman and CEO of MIRA. "The absence of NMDA-linked neurotoxicity, along with continued clinical progress, reinforces our confidence in Ketamir-2's potential as a safe next-generation, oral candidate for CNS disorders."

Study Overview and Key Findings

The neurotoxicity study was conducted in sexually mature Sprague-Dawley rats. High oral doses of Ketamir-2 were administered, while a positive control group received MK-801, a known neurotoxic NMDA receptor antagonist. Brain tissues were examined through detailed histopathological analysis at two time points.

Key outcomes:

  • No adverse clinical signs or mortality in any Ketamir-2-treated animals.

  • No microscopic or macroscopic brain lesions detected at any dose.

  • MK-801-treated animals showed clear evidence of brain toxicity, including vacuolation and neuronal necrosis.

"These findings eliminate one of the main safety concerns that has historically limited NMDA-targeting therapies," said Dr. Itzchak Angel, Chief Scientific Advisor at MIRA. "Ketamir-2's clean neurotoxicity profile strengthens its position as a differentiated and promising therapeutic candidate."

Why Ketamir-2 Stands Apart

Ketamir-2 is a New Molecular Entity (NME) designed to modulate the NMDA receptor with a reduced affinity for the PCP binding site, which is strongly associated with neurotoxicity and psychotropic effects in legacy compounds like ketamine.

In prior preclinical studies, Ketamir-2 has:

  • Demonstrated full reversal of pain thresholds in validated neuropathic pain models.

  • Outperformed FDA-approved treatments such as gabapentin and pregabalin.

  • Shown no sedation or hyperactivity.

  • Demonstrated strong oral bioavailability and brain penetration, as it is not a substrate for P-glycoprotein (P-gp).

Ketamir-2 was designed for oral administration, offering a non-invasive alternative to intravenous therapies. In addition, the U.S. Drug Enforcement Administration (DEA) has determined that Ketamir-2 is not classified as a controlled substance, which may streamline development, reduce regulatory burdens, and improve future access if approved.

Clinical Progress and What's Next

MIRA has already initiated its Phase I clinical trial, with subject recruitment actively underway and progressing smoothly. The Company is preparing to launch a Phase IIa proof-of-concept trial in diabetic patients with neuropathic pain, with the goal of validating clinical efficacy and supporting future regulatory milestones.

The newly completed neurotoxicity study results will be submitted to the FDA as part of MIRA's ongoing regulatory and clinical development strategy.

Additional information about MIRA Pharmaceuticals is available at www.mirapharmaceuticals.com.

Cautionary Note Regarding Forward-Looking Statements

This press release and the statements of MIRA's management related thereto contain "forward-looking statements," which are statements other than historical facts made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by words such as "aims," "anticipates," "believes," "could," "estimates," "expects," "forecasts," "goal," "intends," "may," "plans," "possible," "potential," "seeks," "will," and variations of these words or similar expressions that are intended to identify forward-looking statements. Any statements in this press release that are not historical facts may be deemed forward-looking. Any forward-looking statements in this press release are based on MIRA's current expectations, estimates, and projections only as of the date of this release and are subject to a number of risks and uncertainties (many of which are beyond MIRA's control) that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements, including related to MIRA's potential merger with SKNY Pharmaceuticals, Inc. These and other risks concerning MIRA's programs and operations are described in additional detail in the Annual Report on Form 10-K for the year ended December 31, 2024, and other SEC filings, which are on file with the SEC at www.sec.gov and MIRA's website at https://www.mirapharmaceuticals.com/investors/sec-filings. MIRA explicitly disclaims any obligation to update any forward-looking statements except to the extent required by law.

Contact Information

Helga Moya
info@mirapharma.com
(786) 432-9792

SOURCE: MIRA Pharmaceuticals



View the original press release on ACCESS Newswire

FAQ

What are the key findings of MIRA's neurotoxicity study for Ketamir-2?

The study showed no evidence of brain toxicity or Olney lesions in Ketamir-2-treated animals, with no adverse clinical signs or mortality at any dose level.

How does MIRA's Ketamir-2 differ from traditional ketamine treatments?

Ketamir-2 is an oral medication with reduced affinity for the PCP binding site, is not a controlled substance, and shows no neurotoxicity unlike traditional ketamine. It also demonstrates strong oral bioavailability and brain penetration.

What is the current development stage of MIRA's Ketamir-2?

Ketamir-2 is currently in Phase I clinical trials, with plans to begin Phase IIa proof-of-concept trials in diabetic patients with neuropathic pain.

What potential advantages does MIRA's Ketamir-2 offer over existing treatments?

Ketamir-2 has shown full reversal of pain thresholds in neuropathic pain models, outperforming FDA-approved treatments like gabapentin and pregabalin, with no sedation or hyperactivity effects.

What is the regulatory status of MIRA's Ketamir-2?

The DEA has determined Ketamir-2 is not a controlled substance, which may streamline development and reduce regulatory burdens. The drug has completed FDA-required neurotoxicity studies with positive results.
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