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MIRA Pharmaceuticals Reports Positive PTSD Data Demonstrating Ketamir-2 Restores Normalized Behavior in Stressed Animals

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MIRA Pharmaceuticals (NASDAQ:MIRA) has reported positive results for its oral drug candidate Ketamir-2 in a PTSD animal model study. The drug successfully restored normalized behavior in stressed rats using the Single Prolonged Stress (SPS) model, demonstrating potential efficacy for PTSD treatment.

The study showed that Ketamir-2, currently in Phase 1 clinical trials for neuropathic pain, reversed PTSD-like behaviors in animals after five days of oral administration. This development is significant given that PTSD affects 13 million U.S. adults annually, with an economic burden of $232 billion, and only two FDA-approved medications currently available.

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Positive

  • Ketamir-2 successfully restored normalized behavior in PTSD animal model study
  • Drug shows potential for dual indications: neuropathic pain and PTSD
  • Favorable safety profile observed in ongoing Phase 1 clinical trial
  • Large market opportunity with PTSD affecting 13 million U.S. adults annually

Negative

  • Results are preliminary and based on a small group of rats
  • Early-stage research requiring additional validation studies
  • Competitive market with existing FDA-approved treatments

News Market Reaction 8 Alerts

-5.07% News Effect
+21.4% Peak Tracked
-8.7% Trough Tracked
-$1M Valuation Impact
$26M Market Cap
2.3x Rel. Volume

On the day this news was published, MIRA declined 5.07%, reflecting a notable negative market reaction. Argus tracked a peak move of +21.4% during that session. Argus tracked a trough of -8.7% from its starting point during tracking. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $26M at that time. Trading volume was elevated at 2.3x the daily average, suggesting increased selling activity.

Data tracked by StockTitan Argus on the day of publication.

MIRA advances Ketamir-2 in the clinic for neuropathic pain while broadening development into neuropsychiatric disorders such as PTSD

MIAMI, FLORIDA / ACCESS Newswire / September 16, 2025 / MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) ("MIRA" or the "Company"), a clinical-stage pharmaceutical company developing novel oral therapeutics for neurologic, neuropsychiatric, and metabolic disorders, today announced positive results demonstrating that its oral drug candidate Ketamir-2 restored normalized behavior in stressed animals within a validated model of post-traumatic stress disorder (PTSD). Ketamir-2 is currently being evaluated in an ongoing Phase 1 clinical trial for neuropathic pain, where it has shown a favorable safety profile to date.

"Restoring behavior to normal in a stressed PTSD model represents an important step forward," said Erez Aminov, CEO of MIRA Pharmaceuticals. "These findings support our decision to broaden the scientific evaluation of Ketamir-2 beyond neuropathic pain into neuropsychiatric disorders such as PTSD. Looking ahead, we plan to explore opportunities for potential collaborations, including with military and government institutions, given the significant unmet need for effective PTSD treatments."

This proof-of-concept validation study was conducted in a small group of rats using the Single Prolonged Stress (SPS) model, a widely accepted paradigm for inducing inescapable stress that mimics PTSD symptoms in animals. Animals were exposed twice to a predator stressor (bobcat urine), which is known to induce "depression-like" symptoms and changes in active/passive coping. Increased immobility after stress exposure reflects enhanced affective impairment or reduced stress resilience. Following the development of these symptoms, animals were dosed orally with Ketamir-2 once daily for five consecutive days.

Behavioral assessments included anxiety- and coping/resilience-related behavior in the forced swim test (FST), which measures immobility versus active coping strategies.

Outcome: stressed animals displayed hallmark PTSD-like behaviors, including increased despair, immobility, and avoidance of coping. Treatment with Ketamir-2 reversed these types of behaviors, restoring them toward the level observed in non-stressed animals. This initial validation supports the study design, and a larger follow-on PTSD study is ongoing.

"These preliminary results reinforce the therapeutic potential of Ketamir-2 in PTSD," said Dr. Itzchak Angel, Chief Scientific Advisor of MIRA. "We observed consistent reversal of stress-induced behavioral changes, supporting continued investigation of Ketamir-2 across neuropsychiatric disorders."

PTSD: A Major Unmet Need

About Ketamir-2

Ketamir-2 is a proprietary, orally bioavailable new molecular entity that selectively targets the NMDA receptor (PCP site) with low affinity and demonstrates no significant off-target activity across a broad receptor panel. Ketamir-2 was designed to capture the therapeutic efficacy of ketamine while minimizing the unwanted dissociative and other central nervous system side effects that limit ketamine's clinical use. The U.S. Drug Enforcement Administration's scientific review of Ketamir-2 concluded that it would not be considered a controlled substance or listed chemical under the Controlled Substances Act and its governing regulations. Previous animal studies have also shown Ketamir-2's superior efficacy versus ketamine, pregabalin, and gabapentin in neuropathic pain models.

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 the Form 14A filed by MIRA on June 18, 2025, and other SEC filings, which are on file with the SEC at www.sec.gov and on 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:
Helga Moya
info@mirapharma.com
(786) 432-9792

SOURCE: MIRA Pharmaceuticals



View the original press release on ACCESS Newswire

FAQ

What were the key findings of MIRA's Ketamir-2 PTSD study?

The study showed that Ketamir-2 successfully restored normalized behavior in stressed animals within a validated PTSD model, reversing stress-induced behavioral changes after 5 days of oral administration.

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

Ketamir-2 is currently in Phase 1 clinical trials for neuropathic pain, showing a favorable safety profile, while PTSD indication studies are in preclinical stage.

How large is the PTSD market that MIRA Pharmaceuticals is targeting?

PTSD affects 13 million adults in the U.S. annually, with an estimated economic burden of $232 billion. Currently, only two FDA-approved medications are available for treatment.

What are MIRA's next steps for Ketamir-2 development?

MIRA plans to conduct a larger follow-on PTSD study and explore potential collaborations with military and government institutions for PTSD treatment development.

How does Ketamir-2 compare to existing PTSD treatments?

While existing treatments (sertraline and paroxetine) provide limited relief and are poorly tolerated, Ketamir-2 has shown promising results in animal studies, though human trials for PTSD indication haven't begun yet.
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