15.56
+17.79%
Close of 6 Nov 2026, in USD
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About InMed Pharmaceuticals
From its filings with the US Securities and Exchange Commission
InMed Pharmaceuticals is based in Vancouver and is incorporated in British Columbia, Canada. Its shares trade on Nasdaq under the ticker INM. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 30 June 2025, it reported revenue of $4.9m.
We are a pharmaceutical drug development company with a pipeline of proprietary small molecule drug candidates that are preferential signaling ligands of the endogenous CB1 and CB2 receptors as well as other receptor targets linked to human disease. CB1 and CB2 receptors are each part of the endocannabinoid system that is found throughout the human body and is responsible for many homeostatic functions. CB1 receptors are primarily located in the brain and central nervous system, while CB2 receptors are involved in modulating neuroinflammation and immune responses. Our research efforts target the treatment of diseases with high unmet medical needs. On March 4, 2026, the InMed Board ratified, confirmed and approved the decision of the board members of BayMedica to wind down and exit BayMedica’s commercial operations business segment, which constitutes the only revenue-generating commercial operations of InMed. As of June 30, 2026, BayMedica had wound down all of its operating activities, and had two remaining employees who departed on July 31, 2026, as well as a commercial lease which will terminate at the end of August. Following the wind down of commercial operations, InMed’s remaining activities have consisted of preclinical development of its Product Candidates, including INM-901 for Alzheimer’s disease, INM-089 for dry Age-related Macular Degeneration or dry AMD, and INM-755 (cannabinol) cream.
Quoted from its 10-K, filed 9 Sept 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Pharmaceuticals
- Listed since
- 21 Jun 2001
- Website
- inmedpharma.com ↗
- Head office
- C/O NORTON ROSE FULBRIGHT CANADA LLP, VANCOUVER, V6B 0M3
- Incorporated in
- A1
- Classification
- Pharmaceutical Preparations
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Andrew HullIndependent Chairman of the Board$77,495
- Mr. Eric AdamsPresident, Chief Executive Officer, Director, since 2016$415,400
- Ms. N. Netta JagpalChief Financial Officer, Corporate Secretary$120,500
- Mr. Michael WoudenbergChief Operating Officer$349,200
- Dr. Eric HsuSenior Vice President - Preclinical Research and Development$322,500
- Mr. Bryan BaldasareIndependent Director$52,495
- Ms. Nicole LemerondIndependent Director$52,495
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- InMed Pharmaceuticals develops rare cannabinoids for high unmet medical needs in the Health Care sector.
- InMed Pharmaceuticals has two product candidates: INM-755 for Epidermolysis Bullosa and INM-088 for glaucoma.
- The company's BayMedica segment focuses on manufacturing technologies for rare cannabinoids in the health and wellness industry.
Weaknesses
- InMed Pharmaceuticals is a small biopharmaceutical company with limited resources.
- The company's product pipeline is focused on rare cannabinoids with niche medical applications.
- InMed Pharmaceuticals has not yet commercialized any products as of 2023.
Opportunities
- The growing health and wellness industry offers opportunities for rare cannabinoid products.
- The Health Care sector continues to seek treatments for diseases with high unmet medical needs.
- InMed Pharmaceuticals can expand its product pipeline through strategic partnerships.
Threats
- Regulatory challenges in the pharmaceutical industry may delay product approvals.
- Competition from established pharmaceutical companies in the Health Care sector is intense.
- The cannabinoid market faces potential legal restrictions in some regions.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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