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Mind Medicine (MindMed) Inc MNMD

Alternate Symbol(s):  N.MMED | N.MMED.WA | N.MMED.WR | N.MMED.WS

Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen drug classes, including MM-120 and MM-402, the Company's product candidates. MM120, is a proprietary, pharmaceutically optimized form of lysergide D-tartrate that it is developing for the treatment of generalized anxiety disorder (GAD). MM-120 is also being studied in a subperceptual repeat administration dosing regimen for the treatment of attention deficit hyperactivity disorder (ADHD). MM-402, also referred to as R(-)-MDMA, is the Company's form of the R-enantiomer of 3,4-methylenedioxymethampheta (MDMA), which the Company is developing for the treatment of autism spectrum disorder (ASD).


NDAQ:MNMD - Post by User

Post by trader53on Jun 01, 2021 7:34pm
416 Views
Post# 33308234

Pay attention to this red flag

Pay attention to this red flagInsiders are shovelling their shares into the market. Its obvious they believe that MMED is ahead of itself in terms of share price otherwise there is no chance they would be unloading wheel barrels of paper at these prices.IMO this amount of selling will only attract the shorts as this share dump is like blood in the water to the sharks.The PSY sector in my opinion is about to pullback 30% to 40%... This sector has huge potential into the future but I am afraid the time factor will erode the market caps leading to a large correction. Just my opinion...
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