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Quantum BioPharma Ltd. (NASDAQ: QNTM) Advancing Innovative, First-in-Class, Patented MS Therapy

Quantum BioPharma (NASDAQ: QNTM) highlighted its development of Lucid-MS, a patented, first-in-class multiple sclerosis (MS) drug candidate.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Tags

Quantum BioPharma (NASDAQ: QNTM) highlighted its development of Lucid-MS, a patented, first-in-class multiple sclerosis (MS) drug candidate. Lucid-MS targets the myelin sheath damaged in MS and is preparing to enter phase 2 clinical trials.

MS affects more than 2.9 million people globally, with no cure and existing treatments unable to fully stop disease progression.

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Positive

  • Lucid-MS is a patented, first-in-class MS drug candidate
  • Lead therapy Lucid-MS directly targets the myelin sheath damaged in MS
  • Lucid-MS is preparing to advance into phase 2 clinical trials

Negative

  • Lucid-MS has not yet entered phase 2 trials or later stages
  • No financial data, timelines, or regulatory milestones are disclosed for Lucid-MS
Argus Jun 25 session
+0.51% close to close Open Argus
Details

News Market Reaction – QNTM

On Jun 25, the day this news came out, QNTM closed 0.51% above the previous close.

Data tracked by StockTitan Argus for the Jun 25 session.

Key Figures

MS patients worldwide: 2.9 million people Liquidity: US$9.8 million Prior liquidity: US$4.1 million +5 more
MS patients worldwide
2.9 million people
Global multiple sclerosis prevalence cited in coverage of Lucid-MS
Liquidity
US$9.8 million
Cash, equivalents and digital assets as of Mar 31, 2026
Prior liquidity
US$4.1 million
Cash, equivalents and digital assets at year-end 2025
Operating cash use
US$1.66 million
Cash used in operating activities, Q1 2026
Runway
to approximately July 2027
Management’s funding estimate based on Mar 31, 2026 liquidity
Unbuzzd ownership
19.84%
Equity stake in Unbuzzd Wellness as of Mar 31, 2026
Royalty structure
7% of sales to $250M, then 3%
Royalty on Unbuzzd product sales
Functional beverage market
$198 billion, 10.79% CAGR
Projected 2026 market size and growth rate

Historical Context

5 past events · Latest: Jun 23
5 events
  1. Jun 23

    MS therapy update

    24h Move
    +5.2%

    Lucid-MS highlighted as patented, first-in-class therapy preparing for Phase 2.

  2. Jun 02

    IR agreement

    24h Move
    -2.7%

    Six-month investor relations and marketing agreement with Stocks.news for US$250,000.

  3. May 18

    Imaging study milestone

    24h Move
    -7.9%

    Midpoint enrollment reached in MGH PET study with encouraging preliminary imaging data.

  4. May 07

    Q1 2026 update

    24h Move
    -5.1%

    Stronger liquidity, lower cash burn, and Lucid-MS IND progress in Q1 2026 report.

  5. Apr 22

    Unbuzzd commercialization

    24h Move
    -2.9%

    Unbuzzd CEO appointment to lead nationwide rollout of hangover remedy and accelerant.

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

Key Terms

multiple sclerosis, myelin sheath, phase 2 clinical trials
3 terms
multiple sclerosis medical
"Multiple sclerosis (“MS”) gradually strips people of command over their own bodies"
A chronic neurological disease in which the immune system damages the protective coating (like insulation on electrical wires) around nerves, disrupting signals between the brain and body and causing symptoms such as numbness, weakness, vision problems, fatigue and mobility issues. It matters to investors because the unpredictability and long-term nature of the condition drive ongoing demand for treatments, influence the value of companies developing therapies, affect healthcare costs and shape regulatory and reimbursement decisions.
myelin sheath medical
"by directly targeting the myelin sheath that MS destroys"
A myelin sheath is the insulating layer that wraps around nerve fibers, like plastic coating around electrical wiring, allowing the brain and body to send signals quickly and efficiently. It matters to investors because damage or loss of this insulation underlies serious neurological conditions and drives demand for diagnostics, drugs and devices aimed at protecting or repairing myelin, which can influence clinical trial outcomes, regulatory approval prospects and commercial value.
phase 2 clinical trials medical
"the potential treatment is now preparing to move into phase 2 clinical trials"
Phase 2 clinical trials are mid-stage tests of a new treatment in a larger group of patients to assess whether it works and to further evaluate safety and dosing. Think of it like a more serious test drive after basic checks: success suggests the treatment has real potential and justifies larger, more expensive late-stage trials, which can increase a drug developer’s value to investors, while failure often leads to sharp declines in outlook.

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

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NEW YORK, June 25, 2026 (GLOBE NEWSWIRE) -- via BioMedWire — Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) today announces its placement in an editorial published by BioMedWire (BMW), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community.

To view the full publication, “The Quest to Repair What Multiple Sclerosis Takes Away,”  please visit: https://ibn.fm/PJ7yw

Multiple sclerosis (“MS”) gradually strips people of command over their own bodies, advancing steadily with no available cure. More than 2.9 million people across the globe are currently living with the disease. But even with generations of scientific study and research, every approved treatment still falls short of one essential objective: bringing the disease to a complete stop. Existing therapies can slow its advance, but none can halt it outright. That shortfall translates into a future of mounting disability for millions of MS sufferers. 

Quantum BioPharma Ltd. is determined working to change that outcome. The company is developing Lucid-MS, a patented, first-in-class drug candidate that approaches the disease from an entirely different angle by directly targeting the myelin sheath that MS destroys; the potential treatment is now preparing to move into phase 2 clinical trials. 

About Quantum BioPharma Ltd.

Quantum is a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions for the treatment of challenging neurodegenerative and metabolic disorders and alcohol misuse disorders with drug candidates in different stages of development. Through its wholly owned subsidiary, Lucid Psycheceuticals Inc., Quantum is focused on the research and development of its lead compound, Lucid-MS. Lucid-MS is a patented new chemical entity shown to prevent and reverse myelin degradation, the underlying mechanism of multiple sclerosis, in preclinical models. Quantum invented UNBUZZD(TM) and spun out its OTC version to a company, Unbuzzd Wellness Inc. (“Unbuzzd”) (formerly Celly Nutrition Corp.), led by industry veterans. Quantum retains ownership of 19.84% (as of March 31, 2026) of Unbuzzd at www.unbuzzd.com. The agreement with Unbuzzd also includes royalty payments of 7% of sales from unbuzzd(TM) until payments to Quantum total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Quantum retains 100% of the rights to develop similar products or alternative formulations specifically for pharmaceutical and medical uses.

For further information, please visit the company’s website at www.QuantumBioPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to QNTM are available in the company’s newsroom at https://ibn.fm/QNTM

About BioMedWire

BioMedWire (“BMW”) is a specialized communications platform with a focus on the latest developments in the Biotechnology (BioTech), Biomedical Sciences (BioMed) and Life Sciences sectors. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled recognition and brand awareness.

BMW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from BioMedWire, “Biotech” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.BioMedWire.com

DISCLAIMER: BioMedWire (BMW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by BMW are solely those of BMW. Readers of this Article and content agree that they cannot and will not seek to hold liable BMW for any investment decisions by their readers or subscribers. BMW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, BMW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

BMW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BMW undertakes no obligation to update such statements.

Please see full terms of use and disclaimers on the BioMedWire website applicable to all content provided by BMW, wherever published or re-published: https://www.BioMedWire.com/Disclaimer

BioMedWire
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FAQ

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

What MS therapy is Quantum BioPharma (NASDAQ: QNTM) developing in 2026?

Quantum BioPharma is developing Lucid-MS, a patented, first-in-class multiple sclerosis drug candidate. According to Quantum BioPharma, Lucid-MS approaches MS differently by directly targeting the myelin sheath that MS destroys, aiming to address a major unmet treatment need.

What clinical trial stage is Lucid-MS at for Quantum BioPharma (QNTM)?

Lucid-MS is preparing to move into phase 2 clinical trials. According to Quantum BioPharma, the drug candidate has been developed to directly target the myelin sheath, and the company is working toward the next phase of human testing.

How many people could Quantum BioPharma's Lucid-MS potentially impact?

Lucid-MS targets multiple sclerosis, which affects more than 2.9 million people worldwide. According to Quantum BioPharma, MS currently has no cure, and existing treatments only slow progression, leaving substantial unmet need that new therapeutic approaches may help address.

How does Quantum BioPharma's Lucid-MS differ from existing MS treatments?

Lucid-MS uses a distinct mechanism by directly targeting the myelin sheath damaged in MS. According to Quantum BioPharma, current approved therapies can slow disease advance but do not completely stop it, motivating alternative approaches like Lucid-MS.

Why is Quantum BioPharma (QNTM) focusing on new MS therapies?

Quantum BioPharma is focusing on MS because there is no cure and current treatments do not fully halt disease progression. According to Quantum BioPharma, this gap leaves patients facing mounting disability, creating demand for innovative therapeutic candidates like Lucid-MS.

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