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Company reports significant reduction in neuroinflammation in Alzheimer's disease.
InMed Pharmaceuticals Inc. (XNAS: INM) announced preclinical data showing that its drug candidate INM-901 significantly reduces neuroinflammation in Alzheimer's disease ex vivo. The announcement was made following the completion of the preclinical study.
The study demonstrated that INM-901 effectively reduced neuroinflammation, a key factor in the progression of Alzheimer's disease. The company plans to continue research and development efforts to further evaluate the potential of INM-901.
InMed Pharmaceuticals Inc. has a free float of 2,799,500 shares and 2,804,200 shares outstanding.
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