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Mind Medicine (MindMed) Inc MNMD

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

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

Bullboard Posts
Post by Low340Dakotaon Oct 29, 2018 3:18pm
94 Views
Post# 28889484

Clarification

ClarificationJust some clarity for fellow Broadway Shareholders, after reading the latest news my initial reaction was doom and gloom, however we are essentially getting a 2 for 1 here.  All Madison and mining assets get spun out to a newco (New Broadway?) (hopefully on a share by share basis), and my understanding is the the ORIGINAL board of directors will continue to execute the original strategy ( de-risk the asset).  All existing Broadway shareholders appear to receive 9 to 1 shares of Medcolcanna....not that I wanted to get into the Cannabis sector....but here we are.  Provided, the board can still deliver on the original strategy, not all doom and gloom???

Perhaps the new market making arrangement and new "package" will attract some warrented attention to this project?  

Thoughts and comments welcome.

Bullboard Posts