STOCK TITAN

MIRA Pharmaceuticals Secures Worldwide Exclusive Rights to MIRA-55 and SKNY-1

(Very High)
(Positive)
Tags

MIRA Pharmaceuticals (NASDAQ:MIRA) executed an Amended and Restated Exclusive License Agreement with MIRALOGX, granting worldwide exclusive rights to MIRA-55 and SKNY-1.

The deal consolidates global development, commercialization, sublicensing, and IP enforcement across MIRA’s pipeline, including Ketamir-2, without materially changing core economic terms.

Loading...
Loading translation...

Positive

  • Worldwide exclusive rights to MIRA-55 and SKNY-1 secured
  • Unified global rights structure across core assets Ketamir-2, MIRA-55, SKNY-1
  • Expanded sublicensing and IP enforcement rights for future partnerships
  • Amendment does not materially change previously disclosed core economic terms

Negative

  • None.

News Market Reaction – MIRA

+4.95%
7 alerts
+4.95% Session close to close
+6.6% Peak Tracked
-4.7% Trough Tracked
$45.80M Market Cap
0.4x Rel. Volume

In the Jun 4 session, MIRA gained 4.95%, reflecting a moderate positive market reaction. Argus tracked a peak move of +6.6% during that session. Argus tracked a trough of -4.7% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement strengthens MIRA’s position by unifying worldwide exclusive rights, development, c...
Analysis

This announcement strengthens MIRA’s position by unifying worldwide exclusive rights, development, commercialization, and sublicensing control for MIRA-55 and SKNY-1, complementing earlier global expansion for Ketamir-2. Recent 8-K and 10-Q filings highlight both encouraging preclinical and early clinical data and substantial going-concern risk tied to ongoing losses and trial funding needs. Investors may watch for IND filings, Phase 2a progress, and future partnership or financing moves as key milestones following this IP consolidation.

Historical Context

5 past events · Latest: May 27 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 27 Global IP expansion Positive +18.6% Expanded Ketamir-2 license to worldwide rights across major markets.
May 14 Phase 1 data Positive +0.4% Positive unblinded Phase 1 Ketamir-2 results in 57 volunteers with good safety.
May 13 Preclinical publication Positive -4.8% Peer-reviewed SKNY-1 zebrafish obesity/nicotine data with ~30% weight loss.
Mar 23 Preclinical safety data Positive +22.3% Mira-55 showed morphine-like analgesia without THC or rimonabant CNS side effects.
Mar 04 Trial completion Positive -1.6% Completed Phase 1 dosing of Ketamir-2 with no serious adverse events reported.

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

Pattern Detected

Positive R&D and IP updates have often led to upside, but there are instances where favorable data or publications saw negative or muted price reactions.

Recent Company History

Over recent months, MIRA has consistently advanced its pipeline and IP position. On Mar 23, Mira-55 preclinical safety data preceded a 22.28% gain. Subsequent SKNY-1 manuscript news on May 13 saw a -4.8% move despite positive obesity/addiction data. Ketamir-2 Phase 1 milestones and expanded global rights on May 27 drove moves of 18.58% and modest gains. Today’s global rights consolidation for MIRA-55 and SKNY-1 extends this strategy of tightening control over core assets.

Key Terms

exclusive license agreement, sublicensing rights, intellectual property, IND filings
4 terms
exclusive license agreement financial
"today announced the execution of an Amended and Restated Exclusive License Agreement"
An exclusive license agreement is a legal deal in which the owner of an asset—like a patent, technology, or drug formula—grants only one other party the right to use, make, sell, or further develop that asset. For investors, it matters because exclusivity can create a predictable revenue stream or competitive edge for the licensee, while limiting the owner’s ability to monetize the asset elsewhere; think of it as giving one vendor sole rights to sell a popular product in a market.
sublicensing rights financial
"worldwide sublicensing rights and enhanced intellectual property enforcement rights"
Sublicensing rights are the permission a company receives to let a third party use, sell, or develop a product, technology, or intellectual property that the company itself was authorized to use. Think of it like subletting an apartment: the original renter can allow someone else to occupy and pay for part of the space. For investors, these rights affect how a business can expand revenue, share costs, retain control, and expose itself to legal or competitive risks.
intellectual property technical
"consolidates the Company's intellectual property portfolio and establishes a unified global rights"
Intellectual property are legal rights that protect creations of the mind—such as inventions, brand names, designs, software, or secret formulas—giving the owner control over who can use, copy or sell them. For investors, IP is like owning a blueprint or recipe: it can generate steady income through exclusive sales or licensing, boost a company’s competitive edge and valuation, and also create costs or risks if rights must be defended or challenged in court.
IND filings regulatory
"advance Ketamir-2 into Phase 2a and move both MIRA-55 and SKNY-1 toward IND filings"
IND filings are regulatory applications submitted to authorize human testing of a new drug or biologic, outlining laboratory results, manufacturing details and proposed clinical trial plans. For investors, an accepted IND is like a green light to move from lab work to testing in people, reducing regulatory uncertainty and often triggering stock-moving milestones and funding needs; a delayed or rejected IND can halt development and hurt valuation.

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

Agreement Establishes Global Exclusivity Across MIRA's Core Therapeutic Pipeline and Enhances Strategic Flexibility for Future Licensing and Partnership Opportunities

MIAMI, FL / ACCESS Newswire / June 4, 2026 / MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) ("MIRA" or the "Company"), a clinical-stage pharmaceutical company focused on the development of proprietary therapeutics for neurologic, neuropsychiatric, inflammatory, and metabolic disorders, today announced the execution of an Amended and Restated Exclusive License Agreement with MIRALOGX LLC, securing worldwide exclusive rights to MIRA-55 and SKNY-1.

The amended agreement grants MIRA worldwide exclusive development, commercialization, sublicensing, and intellectual property enforcement rights relating to both programs. The transaction further consolidates the Company's intellectual property portfolio and establishes a unified global rights structure across MIRA's core therapeutic assets.

MIRA-55 is the Company's proprietary oral investigational drug candidate being developed for chronic inflammatory pain. SKNY-1 is MIRA's oral investigational drug candidate being developed for obesity and addiction-related disorders.

Under the terms of the amended agreement, MIRA receives worldwide exclusive rights under jointly owned intellectual property covering MIRA-55, as well as worldwide exclusive rights covering SKNY-1. The agreement also provides MIRA with worldwide sublicensing rights and enhanced intellectual property enforcement rights, strengthening the Company's ability to pursue future licensing, co-development, and commercialization opportunities.

The amendment does not materially modify the previously disclosed core economic terms of the existing license arrangements.

Erez Aminov, Chairman and CEO of MIRA Pharmaceuticals, stated:

"With this agreement, MIRA now controls global development and commercialization rights across its entire pipeline - Ketamir-2, MIRA-55, and SKNY-1. As we advance Ketamir-2 into Phase 2a and move both MIRA-55 and SKNY-1 toward IND filings, having a clean, unified worldwide rights structure in place is exactly where we need to be. It strengthens our position with partners, with investors, and across every market we intend to operate in."

Dr. Itzchak Angel, Chief Scientific Advisor of MIRA Pharmaceuticals, commented:

"MIRA-55 and SKNY-1 each address large patient populations with significant unmet need. What sets these programs apart is their differentiated approach - targeting pathways that existing therapies either miss or handle poorly. Securing worldwide exclusive rights ensures we control how these assets are developed and ultimately reach patients."

About MIRA-55

MIRA-55 is a next-generation cannabinoid analog designed to modulate cannabinoid receptor activity, including CB1 and CB2 pathways, while minimizing CB1-related psychoactive activity. In preclinical inflammatory pain models, MIRA-55 demonstrated analgesic activity comparable to injected morphine in normalizing pain responses, supporting its continued development as a potential non-opioid therapeutic. The U.S. Drug Enforcement Administration (DEA) has confirmed, following scientific review, that MIRA-55 is not classified as a controlled substance. MIRA-55 is an investigational compound and has not been approved by the FDA or any regulatory authority.

About SKNY-1

SKNY-1 is an orally administered investigational drug candidate designed to modulate multiple pathways associated with metabolic regulation and reward-associated behaviors. The compound was designed to combine pathway-selective CB1 modulation, CB2 receptor activity, and selective MAO-B inhibition. In preclinical studies, oral administration of SKNY-1 was associated with dose-dependent reductions in body weight and lipid normalization, with no significant reduction in whole-body density observed during the treatment period - a finding relevant in the context of ongoing clinical focus on lean body mass preservation during weight reduction. SKNY-1 has not been approved by the U.S. Food and Drug Administration (FDA) or any other regulatory authority, and its safety and efficacy have not been established in humans.

About MIRA Pharmaceuticals, Inc.

MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) is a clinical-stage pharmaceutical company focused on the development and commercialization of investigational therapeutics for neurologic, neuropsychiatric, and metabolic disorders. The Company's pipeline includes oral drug candidates being evaluated for neuropathic pain (CIPN), inflammatory pain, obesity, addiction-related disorders, anxiety, and cognitive impairment. For more information, please visit www.mirapharmaceuticals.com.

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 can 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, clinical utility, market opportunity, and future development of MIRA-55, SKNY-1, 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 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 other filings with the U.S. Securities and Exchange Commission ("SEC"). Forward-looking statements contained in this press release speak only as of the date hereof, and the Company undertakes no obligation to update or revise such statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

We caution investors not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at the SEC website and in the "Investors" section of our website at MIRA Investors, for a discussion of these and other risks and uncertainties.

Contact:

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

SOURCE: MIRA Pharmaceuticals



View the original press release on ACCESS Newswire

FAQ

What licensing agreement did MIRA (NASDAQ:MIRA) announce for MIRA-55 and SKNY-1 in June 2026?

MIRA announced an Amended and Restated Exclusive License Agreement with MIRALOGX, granting worldwide exclusive rights to MIRA-55 and SKNY-1. According to MIRA, this includes development, commercialization, sublicensing, and intellectual property enforcement rights across both programs.

How does the new MIRA (MIRA) license affect global rights to Ketamir-2, MIRA-55, and SKNY-1?

The agreement gives MIRA a unified global rights structure over Ketamir-2, MIRA-55, and SKNY-1. According to MIRA, it now controls global development and commercialization rights across its entire pipeline, supporting future partnerships and market access strategies.

What are MIRA-55 and SKNY-1 being developed for under MIRA’s exclusive rights?

MIRA-55 is an oral investigational drug candidate for chronic inflammatory pain, while SKNY-1 targets obesity and addiction-related disorders. According to MIRA, both programs address large patient populations with significant unmet medical needs and differentiated therapeutic approaches.

Did the June 2026 MIRA (NASDAQ:MIRA) license amendment change the economic terms of its MIRALOGX deal?

The amendment does not materially modify the previously disclosed core economic terms of the existing license arrangements. According to MIRA, the main impact is structural, consolidating worldwide rights and IP control rather than altering financial obligations.

How could the exclusive rights to MIRA-55 and SKNY-1 impact future MIRA (MIRA) partnerships?

Exclusive worldwide rights may enhance MIRA’s flexibility in licensing, co-development, and commercialization deals. According to MIRA, expanded sublicensing and IP enforcement rights strengthen its position with potential partners, investors, and across markets it aims to enter.