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InMed Pharmaceuticals Inc INM

InMed Pharmaceuticals Inc. is a pharmaceutical company. It develops a pipeline of small molecule drug candidates targeting the CB1/CB2 receptors. Its InMed Pharmaceuticals segment is engaged in the research and development of small molecule pharmaceuticals drug candidates. Its BayMedica Commercial segment is engaged in the manufacturing technologies to produce and commercialize bulk rare cannabinoids for sale as ingredients in the health and wellness industry. Its pharmaceutical pipeline consists of three programs, with drug candidates targeting Alzheimer’s disease, dry age-related macular degeneration, and Epidermolysis Bullosa. Its INM-901 is a drug candidate being developed as a potential treatment for Alzheimer’s disease. Its INM-089 is cannabinoid analog being studied for its potential as a treatment for age-related macular degeneration. Its INM-755 is a cannabinol topical cream which has completed Phase 2 clinical trial studies for the treatment of epidermolysis bullosa.


NDAQ:INM - Post by User

Bullboard Posts
Post by Kevelleon Mar 02, 2018 8:50am
237 Views
Post# 27650150

Perfect timing... with the return of the bull market. TSX up

Perfect timing... with the return of the bull market. TSX upInMed Receives Conditional Approval to List on the Toronto Stock Exchange March 2, 20180 VANCOUVER,March 2, 2018/CNW/ InMed Pharmaceuticals Inc.(InMed or the Company) (CSE:IN; OTCQB:IMLFF), a biopharmaceutical company specializing in the research and development of novel, cannabinoid-based drug therapies, announced today that it has received conditional approval from the Toronto Stock Exchange (the TSX) to list its common shares (Common Shares) on the TSX. Final approval of the listing on the TSX remains subject to InMed fulfilling certain customary listing conditions of the TSX on or before the TSX-imposed deadline ofMay 29, 2018. The Company expects that it will satisfy such conditions in advance of the TSX-imposed deadline. Upon listing on the TSX, the Common Shares will continue to trade under the symbol IN. Graduating to the TSX is a significant accomplishment for InMed, saidEric A. Adams, CEO & President. This milestone furthers our corporate goal of securing a leadership position in this high-growth sector. InMed is one of only a few pure-play cannabinoid biopharmaceutical companies to be trading on one of the worlds senior stock exchanges. In connection with the listing of the Common Shares on the TSX, InMed will make application to the Canadian Stock Exchange (CSE) to voluntarily delist the Common Shares from the CSE. Such delisting will be effective as of the date the Common Shares commence trading on the TSX. Shareholders are not required to exchange their stock certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the Common Shares.
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