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MediciNova Announces Patient Enrollment Milestone Achieved in SEANOBI Study Expanded-Access-Program Evaluating MN‑166 (ibudilast) in ALS patients

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(Very Positive)
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MediciNova (NASDAQ: MNOV) reported that it has reached the target enrollment of 200 ALS patients in the NIH‑funded SEANOBI‑ALS Expanded Access Program (NCT06743776) evaluating MN‑166 (ibudilast). The program provides access to MN‑166 for individuals with ALS who are not eligible for randomized clinical trials.

According to MediciNova, all active participants remain on treatment and protocol‑specified follow‑ups, with final follow‑ups projected to conclude in early 2027, after which data analysis is planned to support scientific presentations and publications. MN‑166, an oral small‑molecule inhibitor of PDE4 and inflammatory cytokines, is being studied across multiple neuroinflammatory and neurodegenerative indications, including ALS. The company previously completed enrollment in its COMBAT‑ALS Phase 2b/3 trial of MN‑166 in September 2025.

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Positive

  • SEANOBI-ALS enrollment target reached with 200 ALS patients
  • NIH/NINDS funding for SEANOBI-ALS under ACT for ALS
  • Final SEANOBI-ALS follow-ups projected to finish in early 2027
  • MN-166 (ibudilast) evaluated across multiple neuroinflammatory/neurodegenerative indications
  • COMBAT-ALS Phase 2b/3 trial enrollment completed in September 2025

Negative

  • None.

News Market Reaction – MNOV

+2.19%
2 alerts
+2.19% Session close to close
$67.43M Market Cap
0.0x Rel. Volume

In the Jul 15 session, MNOV gained 2.19%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Set against low reported short positioning and recent mixed reactions to R&D news, this ALS expanded...
Analysis

Set against low reported short positioning and recent mixed reactions to R&D news, this ALS expanded‑access enrollment milestone may be viewed as incremental progress. Investors may watch how it intersects with MN‑166’s broader late‑stage program and future funding needs.

Key Figures

Target enrollment: 200 patients Study completion timing: early 2027 Trial phase: Phase 2b/3
3 metrics
Target enrollment 200 patients SEANOBI-ALS expanded-access study enrollment milestone
Study completion timing early 2027 Projected conclusion of final SEANOBI-ALS patient follow-ups
Trial phase Phase 2b/3 COMBAT-ALS clinical trial of MN-166 enrollment status referenced

Historical Context

5 past events · Latest: Jun 30 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 30 Corporate update Positive +0.8% CEO shareholder update on clinical progress, IP developments, and research coverage.
Jun 08 Patent allowance Positive -0.4% USPTO Notice of Allowance for ibudilast plus anti‑PD‑1 use in glioblastoma.
May 26 Clinical trial milestone Positive -2.9% Completion of last patient last visit in Phase 2 MN‑001 hypertriglyceridemia trial.
Apr 27 Preclinical study data Positive -0.7% Peer‑reviewed data highlighting MIF–CD74 vulnerability and ibudilast activity in brain metastasis.
Mar 16 Investor conference Neutral +5.9% Planned participation at the 38th Annual ROTH Conference for investor meetings.

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

Pattern Detected

Recent MediciNova news has more often seen flat-to-negative price reactions, even for ostensibly positive R&D or IP milestones.

Key Terms

expanded access program, pde4, inflammatory cytokines, macrophage migration inhibitory factor, +1 more
5 terms
expanded access program regulatory
"The Expanded Access Program SEANOBI study is funded by National Institute"
A program that allows patients with serious or life‑threatening conditions to receive an experimental drug or therapy before it is fully approved by regulators, when they cannot join clinical trials. Investors care because expanded access can change a treatment’s market perception, create early real‑world safety or demand signals, and affect regulatory timelines and potential revenue — like a pre‑order system that also reveals how the product performs outside controlled testing.
pde4 medical
"small‑molecule inhibitor of phosphodiesterase‑4 (PDE4) and inflammatory cytokines"
PDE4 is an enzyme in the body that helps turn down certain cellular signals involved in inflammation and brain activity; think of it as a volume knob that lowers a chemical signal. Drugs that block PDE4 can boost those signals to reduce inflammation or alter mood, so progress or setbacks in developing PDE4-targeting drugs can materially affect a biotech or pharmaceutical company's clinical trial outcomes, regulatory prospects, and potential future revenue.
inflammatory cytokines medical
"inhibitor of phosphodiesterase‑4 (PDE4) and inflammatory cytokines, including"
Inflammatory cytokines are small proteins released by immune cells that act like messengers to trigger and amplify inflammation in the body, similar to alarm signals that recruit firefighters to a site. They matter to investors because levels of these molecules influence disease severity, clinical trial results, drug approvals and market demand for therapies that block or modulate them, affecting company valuations and healthcare spending.
macrophage migration inhibitory factor medical
"inflammatory cytokines, including macrophage migration inhibitory factor (MIF)."
Macrophage migration inhibitory factor is a small protein the body uses to control inflammation and immune cell behavior; think of it as a traffic controller that tells certain immune cells where to go and how strongly to react. Investors care because changes in this protein can be linked to diseases and it is a target for new drugs or diagnostic tests, so discoveries around it can affect the value and prospects of biotech and pharmaceutical companies.
neurofilament medical
"Access with Analysis of Neurofilament and Other Biomarkers in ALS"
A neurofilament is a structural protein that helps give nerve cells their shape and strength and is released into spinal fluid or blood when those cells are damaged; think of it like a building’s steel beam that sheds rust when the structure is harmed. Investors care because measuring neurofilament levels offers a simple, measurable signal of nerve injury used to track disease progression, select patients and show whether a drug is working in clinical trials, which can affect a therapy’s market prospects and risk profile.

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

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LA JOLLA, Calif., July 15, 2026 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that the target enrollment of 200 patients has been achieved in the SEANOBI-ALS study (Scalable Expanded Access with Analysis of Neurofilament and Other Biomarkers in ALS ; NCT 06743776) evaluating MN‑166 (ibudilast) in patients with amyotrophic lateral sclerosis (ALS).

The Expanded Access Program SEANOBI study is funded by National Institute of Neurological Disorders and Stroke (NINDS) National Institutes of Health (NIH) supported under the ACT for ALS. This program is designed to provide MN‑166 (ibudilast) to individuals living with ALS who are not eligible to participate in ongoing randomized clinical trials. Reaching this enrollment milestone reflects the strong engagement of the ALS community and the dedicated efforts of patients, families, investigators, and clinical staff involved in the program.

Active participants in the SEANOBI-ALS study remain on-track with treatment and protocol-specified follow-ups. Final patient follow-ups are projected to conclude in early 2027, triggering the data analysis phase to support upcoming scientific presentations and peer-reviewed publications by an academic lead investigator.

MN‑166 (ibudilast) is an orally available small‑molecule inhibitor of phosphodiesterase‑4 (PDE4) and inflammatory cytokines, including macrophage migration inhibitory factor (MIF). The compound is currently being evaluated across multiple neuroinflammatory and neurodegenerative indications, including ALS. MediciNova announced in September 2025 that it successfully completed enrollment of the target number of participants in its COMBAT-ALS Phase 2b/3 clinical trial of MN-166.

Dr. Yuichi Iwaki, President and CEO of MediciNova, commented: “Achieving full enrollment of 200 patients in this NIH‑funded SEANOBI-ALS study marks an extraordinary milestone for the ALS community. We are deeply grateful to the patients and families who have chosen to participate, as well as to the NIH for its vital support through the ACT for ALS. Their partnership has successfully enabled access to the investigational drug MN‑166 (ibudilast) for individuals who otherwise lacked clinical trial options, and we remain entirely focused on executing the remaining protocol steps with the utmost urgency and care.”

References

https://newsnetwork.mayoclinic.org/discussion/mayo-clinic-awarded-federal-grant-to-study-experimental-als-drug/

https://www.ninds.nih.gov/news-events/directors-messages/all-directors-messages/updates-act-als

https://investors.medicinova.com/news-releases/news-release-details/medicinova-support-nih-funded-expanded-access-clinical-trial

About MN-166 (ibudilast)

MN-166 (ibudilast) is an orally available small molecule compound that inhibits phosphodiesterase type-4 (PDE4) and inflammatory cytokines, including macrophage migration inhibitory factor (MIF). It is in late-stage clinical development for the treatment of neurodegenerative diseases such as ALS (amyotrophic lateral sclerosis), progressive MS (multiple sclerosis), and DCM (degenerative cervical myelopathy); and is also in development for glioblastoma, Long COVID, CIPN (chemotherapy-induced peripheral neuropathy), and substance use disorder. In addition, MN-166 (ibudilast) was evaluated in patients that are at risk for developing acute respiratory distress syndrome (ARDS). MediciNova holds Orphan Drug Designation for MN-166 (ibudilast) in ALS by U.S. FDA and EU EMA. MN-166 (ibudilast) has received Fast Track Designation by FDA for treatment of ALS. In addition, MN-166 (ibudilast) holds Orphan Disease Designation for the treatment of Glioblastoma.

About MediciNova

MediciNova, Inc. is a clinical-stage biopharmaceutical company developing a broad late-stage pipeline of novel small molecule therapies for inflammatory, fibrotic, and neurodegenerative diseases. Based on two compounds, MN-166 (ibudilast) and MN-001 (tipelukast), with multiple mechanisms of action and strong safety profiles, MediciNova has numerous programs in clinical development. MediciNova’s lead asset, MN-166 (ibudilast), is currently in Phase 3 for amyotrophic lateral sclerosis (ALS) and degenerative cervical myelopathy (DCM) and is Phase 3-ready for progressive multiple sclerosis (MS). MN-166 (ibudilast) is also being evaluated in Phase 2 trials in Long COVID and substance dependence. MN-001 (tipelukast) was evaluated in a Phase 2 trial in idiopathic pulmonary fibrosis (IPF) and a second Phase 2 trial in non-alcoholic fatty liver disease (NAFLD) is ongoing. MediciNova has a strong track record of securing investigator-sponsored clinical trials funded through government grants.

Statements in this press release that are not historical in nature constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding the future development and efficacy of MN-166 and MN-001. These forward-looking statements may be preceded by, followed by, or otherwise include the words "believes," "expects," "anticipates," "intends," "estimates," "projects," "can," "could," "may," "will," "would," “considering,” “planning” or similar expressions. These forward-looking statements involve a number of risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results or events to differ materially from those expressed or implied by these forward-looking statements include, but are not limited to, risks of obtaining future partner or grant funding for development of MN-166 and MN-001, and risks of raising sufficient capital when needed to fund MediciNova's operations and contribution to clinical development, risks and uncertainties inherent in clinical trials, including the potential cost, expected timing and risks associated with clinical trials designed to meet FDA guidance and the viability of further development considering these factors, product development and commercialization risks, the uncertainty of whether the results of clinical trials will be predictive of results in later stages of product development, the risk of delays or failure to obtain or maintain regulatory approval, risks associated with the reliance on third parties to sponsor and fund clinical trials, risks regarding intellectual property rights in product candidates and the ability to defend and enforce such intellectual property rights, the risk of failure of the third parties upon whom MediciNova relies to conduct its clinical trials and manufacture its product candidates to perform as expected, the risk of increased cost and delays due to delays in the commencement, enrollment, completion or analysis of clinical trials or significant issues regarding the adequacy of clinical trial designs or the execution of clinical trials, and the timing of expected filings with the regulatory authorities, MediciNova's collaborations with third parties, the availability of funds to complete product development plans and MediciNova's ability to obtain third party funding for programs and raise sufficient capital when needed, and the other risks and uncertainties described in MediciNova's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2025 and its subsequent periodic reports on Form 10-Q and current reports on Form 8-K. Undue reliance should not be placed on these forward-looking statements, which speak only as of the date hereof. MediciNova disclaims any intent or obligation to revise or update these forward-looking statements.

INVESTOR CONTACT:

David H. Crean, Ph.D.

Chief Business Officer

MediciNova, Inc

info@medicinova.com


FAQ

What milestone did MediciNova (NASDAQ: MNOV) announce for the SEANOBI-ALS study on July 15, 2026?

MediciNova announced it has achieved full enrollment of 200 ALS patients in the SEANOBI-ALS Expanded Access Program. According to MediciNova, this NIH-funded study evaluates MN-166 (ibudilast) in ALS patients who are not eligible for ongoing randomized clinical trials.

What is the SEANOBI-ALS Expanded Access Program evaluating MN-166 for ALS patients (MNOV)?

SEANOBI-ALS is a Scalable Expanded Access study providing MN-166 (ibudilast) to individuals with ALS ineligible for randomized trials. According to MediciNova, it is funded by NINDS/NIH under ACT for ALS and includes biomarker analyses such as neurofilament.

When are SEANOBI-ALS study follow-ups for MN-166 in ALS expected to conclude?

Final SEANOBI-ALS patient follow-ups are projected to conclude in early 2027. According to MediciNova, completion of these follow-ups will trigger data analysis to support upcoming scientific presentations and peer-reviewed publications led by an academic investigator.

What is MN-166 (ibudilast) being studied for in MediciNova’s ALS programs?

MN-166 (ibudilast) is an oral small-molecule inhibitor of PDE4 and inflammatory cytokines. According to MediciNova, it is being evaluated in ALS through the SEANOBI-ALS Expanded Access Program and the COMBAT-ALS Phase 2b/3 randomized clinical trial.

How is the SEANOBI-ALS Expanded Access Program funded and what is ACT for ALS?

The SEANOBI-ALS program is funded by NINDS/NIH and supported under ACT for ALS. According to MediciNova, this federal support has enabled access to investigational MN-166 (ibudilast) for ALS patients lacking other clinical trial options.

What is the relationship between MediciNova’s SEANOBI-ALS and COMBAT-ALS MN-166 studies?

SEANOBI-ALS is an NIH-funded Expanded Access Program, while COMBAT-ALS is a Phase 2b/3 clinical trial. According to MediciNova, COMBAT-ALS enrollment was completed in September 2025, and SEANOBI-ALS has now reached its 200-patient enrollment target.

What does the SEANOBI-ALS enrollment milestone mean for ALS patients not eligible for MN-166 trials?

Achieving 200-patient enrollment confirms broader access to MN-166 for trial-ineligible ALS patients. According to MediciNova, SEANOBI-ALS is specifically designed to provide investigational treatment options and collect biomarker data from individuals lacking randomized trial opportunities.