MIRA Pharmaceuticals reported a net loss of $10.4 million for fiscal year 2025, reflecting the capital-intensive nature of advancing its clinical-stage neuroscience pipeline.
52W $0.80 – $2.02
MIRA Pharmaceuticals reported a net loss of $10.4 million for fiscal year 2025, reflecting the capital-intensive nature of advancing its clinical-stage neuroscience pipeline.
MIRA Pharmaceuticals reported a net loss of $10.4 million for fiscal year 2025, reflecting the capital-intensive nature of advancing its clinical-stage neuroscience pipeline. Operating cash usage of $4.7 million underscores the company's focus on development activities, with current resources expected to fund operations into at least the first quarter of 2027.
MIRA Pharmaceuticals, Inc. operates as a clinical development stage biopharmaceutical company. The company focuses on the development and commercialization of a new molecular synthetic tetrahydrocannabinol (THC) analog under investigation for the treatment of adult patients with anxiety and cognitive decline typically associated with early-stage dementia. It is developing MIRA1a, a synthetic cannabinoid analog to treat anxiety and chronic pain by targeting the cannabinoid type 1 and type 2 receptors. The company was formerly known as MIRA1a Therapeutics, Inc. MIRA Pharmaceuticals, Inc. was incorporated in 2020 and is headquartered in Baltimore, Maryland.