STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Quantum BioPharma Receives Final Reports for Two Key Studies of its Potential Breakthrough Drug for Multiple Sclerosis, Moving Closer to Phase 2 Clinical Trial

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)

Quantum BioPharma (NASDAQ: QNTM) has reached a significant milestone in the development of Lucid-21-302 (Lucid-MS), its potential breakthrough drug for Multiple Sclerosis. The company received final reports for two critical studies: the 90-day oral toxicity study and the toxicokinetic study.

These reports will support Quantum's Investigational New Drug (IND) application to the US FDA for a planned Phase 2 clinical trial. Lucid-MS is being developed as a first-in-class treatment targeting demyelination in Multiple Sclerosis patients.

Quantum BioPharma (NASDAQ: QNTM) ha raggiunto una tappa significativa nello sviluppo di Lucid-21-302 (Lucid-MS), il suo potenziale farmaco rivoluzionario per la sclerosi multipla. L'azienda ha ricevuto i report finali di due studi critici: lo studio di tossicità orale a 90 giorni e lo studio tossicocinetico.

Questi rapporti supporteranno la richiesta di Investigational New Drug (IND) da parte di Quantum alla FDA statunitense per un previsto studio clinico di fase 2. Lucid-MS è sviluppato come trattamento di prima classe mirato alla demielinizzazione nei pazienti con sclerosi multipla.

Quantum BioPharma (NASDAQ: QNTM) ha alcanzado un hito significativo en el desarrollo de Lucid-21-302 (Lucid-MS), su posible fármaco innovador para la esclerosis múltiple. La empresa recibió los informes finales de dos estudios críticos: el estudio de toxicidad oral a 90 días y el estudio toxicológico cinético.

Estos informes respaldarán la solicitud de New Drug Investigational (IND) ante la FDA de EE. UU. para un previsto ensayo clínico de fase 2. Lucid-MS se está desarrollando como un tratamiento de primera clase dirigido a la desmielinización en pacientes con esclerosis múltiple.

Quantum BioPharma (NASDAQ: QNTM)가 다발성 경화증용 잠재적 혁신 약물인 Lucid-21-302(Lucid-MS) 개발에서 중요한 이정표를 달성했습니다. 회사는 두 가지 중요한 연구의 최종 보고서를 받았습니다: 90일 구강 독성 연구독성동태 연구.

이 보고서는 미국 FDA에 대한 임상시험용 신약(IND) 신청을 뒷받침하여 예정된 2상 임상시험을 위한 것입니다. Lucid-MS는 다발성 경화증 환자의 탈수초화를 표적으로 하는 일차 신약(first-in-class) 치료제로 개발 중입니다.

Quantum BioPharma (NASDAQ: QNTM) a franchi une étape importante dans le développement de Lucid-21-302 (Lucid-MS), son candidat médicament potentiellement révolutionnaire pour la sclérose en plaques. L'entreprise a reçu les rapports finaux de deux études critiques : l'étude de toxicité orale sur 90 jours et l'étude toxicocinétique.

Ces rapports soutiendront la demande de Investigational New Drug (IND) auprès de la FDA américaine pour un essai clinique de phase 2 prévu. Lucid-MS est développé comme premier traitement de sa catégorie visant la démyélinisation chez les patients atteints de sclérose en plaques.

Quantum BioPharma (NASDAQ: QNTM) hat einen bedeutenden Meilenstein bei der Entwicklung von Lucid-21-302 (Lucid-MS) erreicht, seinem potenziellen Durchbruchsmittel gegen Multipler Sklerose. Das Unternehmen hat die Abschlussberichte von zwei entscheidenden Studien erhalten: die 90-tägige orale Toxizitätsstudie und die Toxikokinetik-Studie.

Diese Berichte werden Quantum bei der Investigational New Drug (IND) Anwendung bei der US-FDA für eine geplante Studie der Phase 2 unterstützen. Lucid-MS wird als erstes in seiner Klasse stehendes Behandlung entwickelt, das auf die Demyelinisierung bei MS-Patienten abzielt.

Quantum BioPharma (NASDAQ: QNTM) وصلت إلى علامة فارقة في تطوير Lucid-21-302 (Lucid-MS)، دوائها المحتمل الثوري لمرض التصلب المتعدد. تلقّت الشركة التقارير النهائية لدراستين حيويتين: دراسة السمية الفموية لمدة 90 يومًا ودراسة التحرك الدوائي-سمّي.

هذه التقارير ستدعم طلب Quantum لـ دواء جديد قيد التحقيق (IND) لدى FDA الأمريكية لاختبار سريري في المرحلة الثانية المخطط لها. يتم تطوير Lucid-MS كـ علاج من فئة أولى في فئته يستهدف إزالة الغشاء mielin في مرضى التصلب المتعدد.

Quantum BioPharma (NASDAQ: QNTM) 在开发 Lucid-21-302(Lucid-MS) 方面取得了重要进展,这是其可能对多发性硬化症的突破性药物。公司已收到两项关键研究的最终报告:90天口服毒性研究药物动力学毒性研究

这些报告将支持 Quantum 向美国 FDA 提出的调查性新药(IND)申请,以进行计划中的II期临床试验。Lucid-MS 正在开发为一个针对多发性硬化症患者髓鞘脱失的同类首创治疗

Positive
  • Receipt of final toxicity study reports marks progress toward IND application
  • Potential first-in-class treatment targeting MS demyelination
  • Advancing to Phase 2 clinical trial preparation phase
Negative
  • Drug is still in early development stages with no efficacy data yet
  • FDA approval for Phase 2 trials not yet secured
  • Multiple regulatory hurdles remain before commercialization

TORONTO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) (Upstream: QNTM) (“Quantum BioPharma” or the “Company”), 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, is pleased to announce today that it has received two key final reports related to its potential breakthrough drug for Multiple Sclerosis: the 90-day oral toxicity study report and the toxicokinetic study report for Lucid-21-302 (“Lucid-MS”). These studies were commissioned to provide key data to support an Investigational New Drug (IND) application with the US FDA for a phase-2 clinical trial in Multiple Sclerosis.

“We are pleased that we now have the final reports for these toxicity studies, as this represents an important milestone,” said Dr. Andrzej Chruscinski, Vice-President, Scientific and Clinical Affairs at Quantum Biopharma. “These reports will be used to support Quantum’s IND application to the US FDA, further advancing the Lucid-MS drug development program.”

Anthony Durkacz, Executive Co-Chairman of Quantum BioPharma added, “We are very excited about the potential of Lucid-MS as a first-in-class treatment for MS targeting demyelination. With these final reports, we move significantly closer to initiating our Phase 2 trial of Lucid-MS in people with Multiple Sclerosis.”

About Quantum BioPharma Ltd.

Quantum BioPharma (NASDAQ: QNTM) 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. (“Lucid”), Quantum BioPharma 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 BioPharma invented unbuzzd™ and spun out its OTC version to a company, Celly Nutrition Corp. (“Celly Nutrition”), now Unbuzzd Wellness Inc., led by industry veterans. Quantum BioPharma retains ownership of 20.10% (as of June 30, 2025) of Unbuzzd Wellness Inc. at www.unbuzzd.com. The agreement with Unbuzzd Wellness Inc. also includes royalty payments of 7% of sales from unbuzzd™ until payments to Quantum BioPharma total $250 million. Once $250 million is reached, the royalty drops to 3% in perpetuity. Quantum BioPharma retains 100% of the rights to develop similar products or alternative formulations specifically for pharmaceutical and medical uses. Quantum BioPharma maintains a portfolio of strategic investments through its wholly owned subsidiary, FSD Strategic Investments Inc., which represents loans secured by residential or commercial property.

For more information visit www.quantumbiopharma.com.

Forward-Looking Information

This press release contains certain "forward-looking statements" within the meaning of applicable securities law. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as “believes”, “hopes”, “alleges”, “pending”, “further”, or variations of such words and phrases or statements that certain actions events or results “may”, “could”, “which”, or “will” and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking information herein includes, but is not limited to, statements regarding: the Company’s ongoing litigation against major financial institutions; the potential outcome or judgment value; expectations regarding whistleblower submissions and related rewards; continued market integrity initiatives; future business performance and possible acquisitions.

In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation: the ability to obtain and validate whistleblower evidence; the timing and outcome of legal proceedings; resolution of ongoing litigation on favourable terms, availability and sufficiency of litigation funding; continued regulatory compliance and market stability for the Company’s operations.

The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made, and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward-looking statements due to a number of factors and risks. These include: the adverse outcome of legal actions; the receipt and credibility of whistleblower disclosures; changes in applicable laws and regulations; the actions of third parties involved in alleged manipulation; evolving market dynamics; the sufficiency of future litigation proceeds to fund the Company’s whistleblower reward; the continued ability to obtain sufficient litigation funding; limited future growth opportunities, and reliance on key personnel.

Except to the extent required by applicable securities laws and the policies of the Canadian Securities Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.

The reader is urged to refer to additional information relating to Quantum BioPharma, including its annual information form, can be located on the SEDAR+ website at www.sedarplus.ca and on the EDGAR section of the SEC's website at www.sec.gov for a more complete discussion of such risk factors and their potential effects.

Contacts:

Quantum BioPharma Ltd.
Zeeshan Saeed, Founder, CEO and Executive Co-Chairman of the Board
Email: Zsaeed@quantumbiopharma.com  
Telephone: (833) 571-1811

Investor Relations
Investor Relations: IR@QuantumBioPharma.com
General Inquiries: info@QuantumBioPharma.com    


FAQ

What milestone did Quantum BioPharma (QNTM) achieve for its Multiple Sclerosis drug?

Quantum BioPharma received final reports for two key studies: the 90-day oral toxicity study and toxicokinetic study for Lucid-MS, supporting their upcoming FDA IND application.

What is unique about Quantum BioPharma's Lucid-MS treatment for Multiple Sclerosis?

Lucid-MS is being developed as a first-in-class treatment specifically targeting demyelination in Multiple Sclerosis patients.

What is the current development stage of QNTM's Multiple Sclerosis drug?

The company is preparing for Phase 2 clinical trials and is working on submitting an Investigational New Drug (IND) application to the US FDA.

Who are the key executives involved in Quantum BioPharma's MS drug development?

Dr. Andrzej Chruscinski, VP of Scientific and Clinical Affairs, and Anthony Durkacz, Executive Co-Chairman, are leading the development of Lucid-MS.

What are the next steps for Quantum BioPharma's MS drug development?

The company will use the toxicity study reports to support their IND application to the FDA, which is required before initiating Phase 2 clinical trials.
Quantum BioPharma Ltd

NASDAQ:QNTM

QNTM Rankings

QNTM Latest News

QNTM Latest SEC Filings

QNTM Stock Data

29.35M
3.48M
10.75%
30.71%
1.27%
Biotechnology
Healthcare
Link
Canada
Toronto