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MyMD Pharmaceuticals, Inc. Stock Price, News & Analysis

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

MyMD Pharmaceuticals, Inc. (MYMD) is a clinical-stage biotechnology company pioneering therapies for autoimmune disorders and aging-related conditions. This dedicated news hub provides investors and industry professionals with essential updates on therapeutic developments, financial milestones, and strategic initiatives.

Access official press releases detailing progress across two innovative platforms: mymd-1 for targeted immunometabolic regulation, and supera-cbd, exploring novel cannabinoid receptor applications. Our curated collection includes clinical trial updates, regulatory filings, and partnership announcements critical for evaluating biopharmaceutical opportunities.

Key content categories cover phase advancements in autoimmune therapies, intellectual property developments, financial results, and scientific presentations. This centralized resource eliminates the need by providing verified information directly from corporate communications and authorized sources.

Bookmark this page for streamlined access to MYMD's evolving story in advanced therapeutics. Check regularly for updates on cytokine modulation breakthroughs and CBD-derived treatment innovations shaping modern medicine.

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MyMD Pharmaceuticals (Nasdaq: MYMD) recently announced a dosing update for its Phase 2 clinical trial of MYMD-1®, a potential treatment for chronic inflammation caused by sarcopenia and frailty in elderly patients. The trial has successfully dosed 37 out of 40 patients, with no reported safety or toxicity issues among the first 30 patients. The company is progressing into the final cohort of the study, having randomized patients into escalating dose groups. Sarcopenia affects 5-50% of older adults, with no FDA-approved treatments currently available. The aging disorders market is projected to exceed $600 billion by 2025, with TNF-alpha blockers generating approximately $40 billion in annual revenue. MYMD-1® is designed to cross the blood-brain barrier and may offer innovative solutions for aging-related diseases.

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MyMD Pharmaceuticals (Nasdaq: MYMD) announced significant preclinical results for its investigational, oral TNF-α inhibitor, MYMD-1®, at the Society of Toxicology Annual Meeting. The study demonstrated that MYMD-1® significantly reduced histopathological changes and arthritis severity metrics compared to placebo, with reductions of 47% in disease severity versus 37% for etanercept. MYMD-1® is noted for its oral administration and ability to cross the blood-brain barrier, positioning it as a promising candidate for rheumatoid arthritis treatment. MyMD is planning early-stage trials and will provide further program guidance.

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MyMD Pharmaceuticals, Inc. (Nasdaq: MYMD) has joined the LOT Network, aimed at protecting against patent assertion entities (PAEs) litigation. This strategic move is designed to safeguard MyMD's intellectual property and resources, allowing the company to focus on its clinical development programs. The LOT Network, comprising over 2,800 companies, provides protection against frivolous lawsuits, which numbered 2,289 in 2022 with an average defense cost of $4 million. MyMD's lead candidate, MYMD-1®, is a promising TNF-alpha inhibitor targeting autoimmune diseases, while its Supera-CBD™ offers potential in managing addiction and pain.

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FAQ

What is the current stock price of MyMD Pharmaceuticals (MYMD)?

The current stock price of MyMD Pharmaceuticals (MYMD) is $1.82 as of February 7, 2025.

What is the market cap of MyMD Pharmaceuticals (MYMD)?

The market cap of MyMD Pharmaceuticals (MYMD) is approximately 4.3M.
MyMD Pharmaceuticals, Inc.

Nasdaq:MYMD

MYMD Rankings

MYMD Stock Data

4.31M
2.37M
6.61%
6.62%
11.12%
Biotechnology
In Vitro & in Vivo Diagnostic Substances
Link
United States
BALTIMORE