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MediciNova Announces Topline Results from MN-001-NATG-202 Clinical Trial of MN-001 (Tipelukast)

MediciNova plans further data analysis and will assess the patient population, endpoints and sample size for future testing.

(Very High)
(Positive)

MediciNova (MNOV) reported topline results from a Phase 2 MN-001 (tipelukast) trial in patients with type 2 diabetes, fatty liver disease and high triglycerides.

The placebo-controlled study involved 40 patients and a 24-week treatment period. At Week 4, triglycerides fell 54.7 mg/dL with MN-001 and 23.8 mg/dL with placebo (p=0.015). At Week 24, the declines were 45.8 mg/dL and 14.4 mg/dL, respectively, without a statistically significant between-group difference (p=0.113). HDL cholesterol rose 3.3 mg/dL with MN-001 versus a 2.4 mg/dL decline with placebo (p=0.0048). HDL particle concentration rose 3.62 µmol/L versus a 0.9 µmol/L decline (p=0.018).

Liver-fat measurements at Week 24 and body weight at study end showed greater numerical reductions with MN-001 than with placebo, but neither between-group difference was statistically significant. Treatment-related adverse events were mild to moderate; no drug-related serious adverse events were reported.

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News Explained

MediciNova says it will assess the next stage of clinical development—including the patient population, endpoints and sample size—after further data analysis; it says efficacy should be evaluated in a larger study.

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Details

Market move: MNOV -20.54% vs previous close. MN-001 clinical data

+12.0% Peak Tracked
-31.1% Trough Tracked
$1.43 $2.49 Day Range
$100.90M Market Cap

On Sep 28, the day this news came out, the latest delayed price for MNOV is 20.54% below the previous close. Argus tracked a peak move of +12.0% during the session. Argus tracked a trough of -31.1% from its starting point during tracking. Our momentum scanner has recorded 9 alerts for this stock so far that day. The latest delayed price is $2.05. Relative volume is exceptionally heavy at 99.3x the average.

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

Market Context

On Sep 28, the day this news came out, the latest delayed price for the stock is 20.5% below the pre...
Analysis

On Sep 28, the day this news came out, the latest delayed price for the stock is 20.5% below the previous close. The prior enrollment record's 500 mg/day, 24-week protocol ties this topline release to the same MN-001-NATG-202 study, establishing that the results follow the previously disclosed trial design.

Key Figures

Week 4 serum TG difference: 30.96 mg/dL greater decrease; p=0.015 Week 24 serum TG difference: 31.4 mg/dL greater decrease; p=0.113 HDL-C difference: 5.7 mg/dL; p=0.0048 +5 more
Week 4 serum TG difference
30.96 mg/dL greater decrease; p=0.015
MN-001 versus placebo; statistically significant
Week 24 serum TG difference
31.4 mg/dL greater decrease; p=0.113
MN-001 versus placebo; not statistically significant
HDL-C difference
5.7 mg/dL; p=0.0048
Week 24, MN-001 versus placebo; statistically significant
HDL-P difference
4.52 µmol/L; p=0.018
Week 24, MN-001 versus placebo; statistically significant
Liver fat difference
9.7 dB/m greater decrease; p=0.2438
Week 24 CAP score; not statistically significant
Body weight difference
4.36 lb greater decrease; p=0.082
End of study, MN-001 versus placebo
Study size
40 patients
NAFLD and hypertriglyceridemia associated with T2DM
Treatment period
24 weeks
MN-001-NATG-202

Previous Clinical trial Reports

2 past events · Latest: May 26
Same Type 2 events
  1. May 26

    Trial completion

    24h Move
    -2.9%

    Last-patient final visit completed in the same MN-001-NATG-202 Phase 2 trial.

  2. Nov 04

    Enrollment completion

    24h Move
    -5.3%

    Patient enrollment completed for the same study; the record specified 500 mg/day and 24 weeks.

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

Key Terms

hypertriglyceridemia, nafld, t2dm, hdl-c, +2 more
6 terms
hypertriglyceridemia medical
"for the treatment of hypertriglyceridemia and nonalcoholic fatty liver disease"
An unusually high level of triglycerides — a type of fat carried in the bloodstream — that signals an increased risk of heart disease and related health problems. For investors, it matters because the size of the patient population, effectiveness of treatments, regulatory approvals, and insurance coverage can drive demand, clinical-trial outcomes, and revenue for drugmakers and medical-device companies; think of it like too much oil in an engine increasing the need for maintenance and repairs.
nafld medical
"nonalcoholic fatty liver disease (NAFLD) associated with type 2 diabetes mellitus"
Non-alcoholic fatty liver disease (NAFLD) is a condition where the liver accumulates excess fat not caused by heavy alcohol use, ranging from harmless fat buildup to inflammation and scarring. Think of the liver as a household filter that gets clogged with grease: mild clogging may be reversible, but long-term damage can lead to costly medical care and reduced productivity. For investors, NAFLD matters because it drives demand for diagnostics, treatments and related healthcare services, creating opportunities and risks across pharmaceuticals, medical devices and healthcare providers.
t2dm medical
"type 2 diabetes mellitus (T2DM)"
Type 2 diabetes mellitus (T2DM) is a chronic metabolic disease in which the body does not use insulin effectively, often combined with reduced insulin production, leading to high blood sugar levels. It matters to investors because T2DM drives large, ongoing demand for medicines, medical devices, diagnostics and health services; like a long-running market trend, its prevalence and treatment advances can affect pharmaceutical sales, medical-device revenue, insurance costs and healthcare-sector investment opportunities.
hdl-c medical
"increases in serum high-density lipoprotein cholesterol (HDL-C)"
HDL-C stands for high-density lipoprotein cholesterol, the portion of cholesterol carried by HDL particles often called “good” cholesterol because it helps remove excess cholesterol from arteries. Investors care because population HDL-C levels influence demand for drugs, medical devices, and health services, and can affect healthcare costs, insurer liabilities, and regulatory attention; think of it like a neighborhood cleanup crew whose size affects how safe the streets look to buyers and insurers.
hdl-p medical
"HDL particle concentration (HDL-P)"
HDL‑P is the measured number of high‑density lipoprotein (HDL) particles in a blood sample, usually reported from laboratory tests such as nuclear magnetic resonance (NMR) spectroscopy. It matters to investors because HDL‑P is used in medical studies and drug development as a marker of cardiovascular health—think of it like counting the number of delivery trucks (particles) rather than measuring the total cargo they carry (cholesterol content)—and results can affect the valuation of companies working on related diagnostics or therapies.
controlled attenuation parameter technical
"mean controlled attenuation parameter (CAP) score measured by FibroScan"
A controlled attenuation parameter (CAP) is a non‑invasive measurement derived from ultrasound-based transient elastography that estimates how much fat is in the liver by measuring how ultrasound waves are absorbed. Think of it as a liver ‘fat meter’ reported in decibels per meter that helps doctors detect and track fatty liver disease without a biopsy. Investors encounter CAP because its use affects demand for diagnostic devices, clinical trial endpoints, and reimbursement decisions in liver disease markets.

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MN-001 showed statistically significant increases in HDL-C and HDL-P and significant early reduction in triglyceride, a reduction in body weight and a numerical improvement in liver fat

LA JOLLA, Calif., Sept. 28, 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 the topline results from MN-001-NATG-202, a Phase 2 clinical trial evaluating MN-001 (tipelukast) for the treatment of hypertriglyceridemia and nonalcoholic fatty liver disease (NAFLD) associated with type 2 diabetes mellitus (T2DM). In the MN-001 group, reductions in serum triglycerides (TG), increases in serum high-density lipoprotein cholesterol (HDL-C) and HDL particle concentration (HDL-P), and a numerical trend toward improvement in liver fat and body weight were observed. MN-001 demonstrated a generally favorable safety and tolerability profile.

Study Overview

MN-001-NATG-202 was a randomized, double-blind, placebo-controlled study designed to evaluate the efficacy, safety, and tolerability of MN-001 in 40 patients with NAFLD and hypertriglyceridemia associated with T2DM. The treatment period was 24 weeks.

Key Results

  • Serum TG: At Week 24, mean serum TG decreased from baseline by 45.8 mg/dL (21.78%) in the MN-001 group and by 14.4 mg/dL (6.97%) in the placebo group. Thus, the mean decrease was 31.4 mg/dL greater with MN-001 than with placebo (p=0.113). At Week 4, mean serum TG decreased from baseline by 54.7 mg/dL (26.05%) in the MN-001 group and by 23.8 mg/dL (11.54%) in the placebo group. The mean decrease was 30.96 mg/dL greater with MN-001 than with placebo, and this difference was statistically significant (p=0.015).
  • Liver fat: At Week 24, the mean controlled attenuation parameter (CAP) score measured by FibroScan® decreased from baseline by 14.1 dB/m (4.24%) in the MN-001 group and by 4.3 dB/m (1.27%) in the placebo group. Thus, the mean decrease was 9.7 dB/m greater with MN-001 than with placebo; however, this difference was not statistically significant (p=0.2438).
  • HDL-C: At Week 24, mean HDL-C increased by 3.3 mg/dL (8.39%) in the MN-001 group but decreased by 2.4 mg/dL (6.23%) in the placebo group. The difference between the MN-001 and placebo groups was 5.7 mg/dL and was statistically significant (p=0.0048).
  • HDL-P: At Week 24, mean HDL-P increased by 3.62 µmol/L (11.80%) in the MN-001 group but decreased by 0.9 µmol/L (3.00%) in the placebo group. The difference between the MN-001 and placebo groups was 4.52 µmol/L and was statistically significant (p=0.018).
  • Body weight: At the end of the study, mean body weight decreased by 4.91 lb (2.28%) in the MN-001 group and by 0.55 lb (0.25%) in the placebo group. Thus, the mean decrease in body weight was 4.36 lb greater with MN-001 than with placebo (p=0.082).

Safety and Tolerability

MN-001 was generally safe and well tolerated. Treatment-related adverse events were mild to moderate in severity, and no drug related serious adverse events (SAEs) were reported in the study.

Clinical Significance of the Results

The study demonstrated a statistically significant reduction in serum TG at Week 4 with MN-001 than with placebo. At Week 24, the MN-001 group continued to show a numerical reduction from baseline value, although the difference between the MN-001 and placebo groups were not statistically significant. Statistically significant increases in HDL-C and HDL-P were also observed with MN-001 group while liver fat and body weight showed trends toward improvement. Collectively, these exploratory findings suggest that MN-001 may have beneficial effects across in several metabolic parameters including lipid metabolism, body weight, and liver fat.

The changes in TG, HDL-C, and HDL-P were also consistent with findings from preclinical in-vitro mechanism of action studies and previous MN-001-NATG-201 clinical trial. Together with the clinical findings, these results provide a basis for further evaluation of MN-001 in metabolic and cardiovascular diseases.

Next Steps

This was a proof of concept, exploratory study involving 40 patients. Preliminary review of the topline data indicates that efficacy should be evaluated in a larger study. We will continue detailed analyses of the study data and assess the next stage of clinical development, including the appropriate patient population, endpoints, and sample size.

About MN-001

MN-001 (tipelukast) is a novel, orally bioavailable, small-molecule compound thought to exert its effects through several mechanisms to produce anti-inflammatory and antifibrotic activity in preclinical models, including leukotriene (LT) receptor antagonism, inhibition of phosphodiesterase (PDE) (mainly 3 and 4), and inhibition of 5-lipoxygenase (5-LO). The 5-LO/LT pathway has been postulated as a pathogenic factor in fibrosis development, and MN-001's inhibitory effect on 5-LO and the 5-LO/LT pathway is a novel approach to treating fibrosis. MN-001 has been shown to down-regulate expression of genes that promote fibrosis, including LOXL2, Collagen Type 1, and TIMP-1. MN-001 has also been shown to down-regulate expression of genes that promote inflammation, including CCR2 and MCP-1. It also inhibits triglyceride synthesis in hepatocytes by inhibiting arachidonic acid uptake. Recent research suggested that MN-002, the major metabolite of MN-001, significantly enhanced cholesterol efflux in macrophages by upregulating key transport proteins ABCA1 and ABCG1.

About Type 2 Diabetes Mellitus (T2DM), Dyslipidemia, and Nonalcoholic Fatty Liver Disease (NAFLD)

Type 2 diabetes mellitus (T2DM) is a metabolic disorder characterized by insulin resistance, which plays a central role in the development of dyslipidemia—abnormal levels of lipids in the blood. Hypertriglyceridemia (elevated triglycerides) is commonly observed in individuals with T2DM. It results from increased hepatic lipid synthesis and impaired clearance of triglyceride-rich lipoproteins. Hypercholesterolemia, particularly elevated LDL cholesterol and reduced HDL cholesterol, is also frequently seen and contributes to a higher risk of atherosclerosis. Dyslipidemia not only worsens glycemic control but also increases the risk of cardiovascular complications and liver-related conditions such as nonalcoholic fatty liver disease (NAFLD). NAFLD is considered a hepatic complication of insulin resistance and is frequently associated with T2DM and dyslipidemia.

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), each with multiple mechanisms of action and strong safety profiles, MediciNova has 11 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 nonalcoholic fatty liver disease (NAFLD) is ongoing. MediciNova has a strong track record of securing investigator-sponsored clinical trials funded through government grants.

Forward-Looking Statements

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did MediciNova's MN-001 trial show for triglycerides?

At Week 4, the triglyceride reduction was greater with MN-001 than with placebo, and the difference was statistically significant (p=0.015). At Week 24, triglycerides remained lower than baseline in both groups, but the between-group difference was not statistically significant (p=0.113).

How was liver fat measured in MediciNova's MN-001 trial, and what were the results?

Liver fat was assessed using the controlled attenuation parameter score measured by FibroScan. At Week 24, the mean score fell 14.1 dB/m from baseline with MN-001 and 4.3 dB/m with placebo. The between-group difference was not statistically significant (p=0.2438).

What are MediciNova's next steps for MN-001 after the Phase 2 trial?

MediciNova plans to continue analyzing the trial data and assess the next stage of MN-001's clinical development. The company said its preliminary review indicates that efficacy should be evaluated in a larger study; it will assess the patient population, endpoints and sample size.

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