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Medicinova Stock Price, News & Analysis

MNOV Nasdaq

Welcome to our dedicated page for Medicinova news (Ticker: MNOV), a resource for investors and traders seeking the latest updates and insights on Medicinova stock.

MediciNova, Inc. (MNOV) generates frequent news as a clinical-stage biopharmaceutical company advancing late-stage small molecule therapies for inflammatory, fibrotic, and neurodegenerative diseases. Company announcements emphasize progress in its two core programs, MN-166 (ibudilast) and MN-001 (tipelukast), across multiple serious conditions.

News updates commonly cover clinical trial milestones, such as completion of patient enrollment, trial design details, and presentations at major scientific meetings. Examples include the COMBAT-ALS Phase 2b/3 trial of MN-166 in amyotrophic lateral sclerosis, the OXTOX study in chemotherapy-induced peripheral neuropathy, and the MN‑001‑NATG‑202 Phase 2 trial in hypertriglyceridemia and non-alcoholic fatty liver disease due to type 2 diabetes.

Investors and observers can also expect scientific and mechanistic updates, including peer-reviewed publications on MN-001 and its metabolite MN-002 in cholesterol and lipid metabolism, as well as letters from the CEO explaining how new data support the company’s development strategy. Regulatory and advisory appointments, such as the addition of experienced clinical and regulatory advisors, are another regular theme in MediciNova’s news flow.

Because MediciNova is listed on Nasdaq and the Tokyo Stock Exchange, its news often includes capital markets and investor relations events, such as conference presentations and corporate overviews for institutional and individual investors. This news page aggregates these developments so readers can follow clinical progress, scientific publications, regulatory interactions, and corporate updates related to MNOV in one place.

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MediciNova announced the completion of enrollment in its Phase 2 clinical trial of MN-166 (ibudilast) for glioblastoma at Dana-Farber Cancer Institute. This trial includes a dose-escalation phase to determine safety and a fixed-dose phase to evaluate efficacy combined with temozolomide (TMZ). Preliminary results will be revealed at the 20th Annual World Congress of SBMT from February 16-19, 2023. Chief Medical Officer, Kazuko Matsuda, expressed optimism about potential predictors of treatment response and indicated further findings will be shared post-conference.

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MediciNova has received a Notice of Allowance from the Canadian Intellectual Property Office for a pending patent application regarding MN-001 (tipelukast) and its metabolite MN-002, aimed at treating scleroderma/systemic sclerosis.

This patent is expected to expire no earlier than June 2035 and covers various administration forms and dosing frequencies. The CMO believes this patent could enhance the value of MN-001. The compound is in clinical development for several conditions, including NASH and IPF, with positive results in previous trials.

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MediciNova, Inc. has received a Notice of Allowance from the Brazilian Patent and Trademark Office for a patent covering MN-001 (tipelukast) and MN-002, aimed at treating hypertriglyceridemia, hypercholesterolemia, and hyperlipoproteinemia. This patent is expected to expire no earlier than July 2034. The allowed claims encompass uses for reducing triglycerides, cholesterol, and LDL levels, supporting various dosage forms. Clinical data indicates MN-001 shows significant triglyceride reduction in patients with hypertriglyceridemia and diabetes. A new Phase 2 trial is ongoing to further assess its effectiveness.

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MediciNova has completed a Phase I clinical trial of MN-166 (ibudilast), showing a favorable safety and tolerability profile in healthy volunteers. The intravenous (IV) formulation was well tolerated, with no concerning adverse events reported. This formulation targets inflammatory disorders such as acute respiratory distress syndrome (ARDS) and offers a treatment option for hospitalized patients unable to take oral medication. The company is seeking FDA guidance for future development and potential approval of this formulation.

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MediciNova, a clinical-stage biopharmaceutical company, announced positive results from a subgroup analysis of its Phase 2 clinical trial for MN-001 (tipelukast) at the International Diabetes Federation World Diabetes Congress 2022. The analysis revealed that participants with Type 2 diabetes mellitus (T2DM) experienced a greater reduction in serum triglyceride levels compared to those without T2DM (50.8% vs 17.8%). Additionally, significant increases in HDL levels were noted in the T2DM group. MediciNova is pursuing further trials to evaluate the efficacy of MN-001 in patients with T2DM and hypertriglyceridemia.

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MediciNova announced positive results from a secondary analysis of a Phase 2 trial of MN-166 (ibudilast) for treating alcohol use disorder (AUD), published in The American Journal of Drug and Alcohol Abuse. The analysis indicated that participants with elevated C-reactive protein (CRP) levels showed significant improvements in drinking behaviors and neural activation when treated with MN-166. This suggests potential clinical utility for individuals with AUD and high inflammation, highlighting the need for effective treatments.

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MediciNova, Inc., a biopharmaceutical company listed on NASDAQ (MNOV), is set to hold one-on-one virtual meetings with investors during the Lytham Partners Fall 2022 Investor Conference on September 28-29, 2022. CEO Yuichi Iwaki and VP Geoffrey O'Brien will represent the company. Investors can schedule meetings with Lytham Partners.

The company is developing therapies for various diseases, primarily through its lead assets: MN-166 and MN-001, with clinical trials underway for conditions like ALS and idiopathic pulmonary fibrosis.

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MediciNova, Inc. announced that it received an Issue Notification from the U.S. Patent and Trademark Office for a new patent covering MN-166 (ibudilast) for treating glioblastoma. This patent is set to expire no earlier than February 2039 and encompasses treatment methods for various glioblastoma types when combined with other drugs like temozolomide. The company is conducting ongoing trials at the Dana-Farber Cancer Institute. Additionally, MN-166 has been granted orphan-drug designation for glioblastoma, highlighting its potential in this aggressive cancer sector.

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MediciNova, Inc. has announced the receipt of a Notice of Allowance from the Canadian Intellectual Property Office for a patent covering MN-001 (tipelukast) and its metabolite MN-002. This patent will focus on treating hypertriglyceridemia, hypercholesterolemia, and hyperlipoproteinemia. The patent is expected to expire no earlier than July 2034. In its Phase 2 trial, MN-001 noticeably reduced serum triglycerides. The compound has multiple mechanisms of action and is currently undergoing further clinical trials, including for type 2 diabetes patients with hypertriglyceridemia.

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MediciNova (NASDAQ: MNOV) announced collaboration with the University Health Network for the RECLAIM clinical trial aimed at treating Long COVID with MN-166 (ibudilast). This grant-funded trial, led by Dr. Angela M. Cheung, awaits protocol finalization and regulatory review. Long COVID affects 10-30% of COVID-19 survivors, causing persistent symptoms like fatigue and brain fog. MN-166 is in late-stage development for various diseases, including ALS and multiple sclerosis, highlighting MediciNova's commitment to addressing significant health challenges.

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FAQ

What is the current stock price of Medicinova (MNOV)?

The current stock price of Medicinova (MNOV) is $1.4 as of May 8, 2026.

What is the market cap of Medicinova (MNOV)?

The market cap of Medicinova (MNOV) is approximately 70.4M.