Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
INM logo INM
Upturn stock ratingUpturn stock rating
INM logo

InMed Pharmaceuticals Inc (INM)

Upturn stock ratingUpturn stock rating
$3.13
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

02/04/2025: INM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -58.28%
Avg. Invested days 15
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/04/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 2.51M USD
Price to earnings Ratio -
1Y Target Price 20
Price to earnings Ratio -
1Y Target Price 20
Volume (30-day avg) 947456
Beta 0.68
52 Weeks Range 1.99 - 9.38
Updated Date 04/1/2025
52 Weeks Range 1.99 - 9.38
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) -12.42

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -163.77%
Operating Margin (TTM) -198.46%

Management Effectiveness

Return on Assets (TTM) -40.86%
Return on Equity (TTM) -83.5%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 40483
Price to Sales(TTM) 0.52
Enterprise Value 40483
Price to Sales(TTM) 0.52
Enterprise Value to Revenue 0.01
Enterprise Value to EBITDA 1
Shares Outstanding 1207190
Shares Floating 1122091
Shares Outstanding 1207190
Shares Floating 1122091
Percent Insiders 0.34
Percent Institutions 13.7

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

InMed Pharmaceuticals Inc

stock logo

Company Overview

overview logo History and Background

InMed Pharmaceuticals Inc. is a biopharmaceutical company specializing in the research and development of cannabinoid-based therapeutics. Founded in 2010, it has focused on developing novel therapies for diseases with high unmet medical needs.

business area logo Core Business Areas

  • Drug Development: InMed develops cannabinoid-based drug candidates for various diseases, focusing on rare and orphan conditions.
  • API Manufacturing: InMed produces pharmaceutical-grade cannabinoids.

leadership logo Leadership and Structure

The leadership team consists of executives with experience in pharmaceuticals and biotechnology. The organizational structure is typical of a small biotech company with research, development, and administrative functions.

Top Products and Market Share

overview logo Key Offerings

  • INM-755 (Topical Cannabinoid Cream): A cannabinoid cream for epidermolysis bullosa (EB). Market share is currently zero as it is still in clinical development. Competitors include companies developing therapies for EB such as Krystal Biotech (KRYS) and Abeona Therapeutics (ABEO).
  • INM-901 (Systemic Cannabinoid): A cannabinoid therapeutic for ocular diseases, specifically glaucoma. Market share is currently zero as it is still in clinical development. Competitors include pharmaceutical companies with glaucoma treatments, such as Allergan (ABBV) and Novartis (NVS).

Market Dynamics

industry overview logo Industry Overview

The pharmaceutical industry is driven by innovation and regulatory approvals. The cannabinoid therapeutics market is growing, but faces regulatory hurdles and competition from established pharmaceutical companies.

Positioning

InMed is a smaller player in the cannabinoid therapeutics market, focusing on niche indications and leveraging its expertise in cannabinoid drug development. They are striving for orphan drug designation and early market entry.

Total Addressable Market (TAM)

The TAM for cannabinoid-based pharmaceuticals is estimated to reach billions of dollars by 2030. InMed targets specific rare disease indications with significant unmet needs, representing a subset of this TAM. Positioning depends on clinical trial success.

Upturn SWOT Analysis

Strengths

  • Proprietary cannabinoid drug development platform
  • Focus on rare and orphan diseases
  • Strong intellectual property portfolio

Weaknesses

  • Limited financial resources
  • Reliance on clinical trial success
  • Small market capitalization

Opportunities

  • Potential for orphan drug designation
  • Partnerships with larger pharmaceutical companies
  • Expansion into new therapeutic areas

Threats

  • Regulatory hurdles for cannabinoid-based drugs
  • Competition from established pharmaceutical companies
  • Clinical trial failures

Competitors and Market Share

competitor logo Key Competitors

  • GWPH
  • KRYS
  • ABBV

Competitive Landscape

InMed faces competition from established pharmaceutical companies with greater resources and regulatory expertise. Its competitive advantage lies in its focus on novel cannabinoid-based therapeutics and orphan drug designation.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been characterized by preclinical and clinical development progress.

Future Projections: Future growth is dependent on successful clinical trials and regulatory approvals of its drug candidates. Analyst estimates vary widely.

Recent Initiatives: Recent initiatives include advancing clinical trials for INM-755 and INM-901.

Summary

InMed Pharmaceuticals is a development stage biotech focused on cannabinoids with strong IP. Its success depends on clinical trials and navigating regulations, while managing limited resources. The company targets orphan diseases creating both opportunities and risks. Approval of a product would significantly improve InMed's prospects, while clinical trial failures could threaten its viability.

Similar Companies

CRBPratingrating

Corbus Pharmaceuticals Holding

$5.96
Small-Cap Stock
0%
PASS

CRBPratingrating

Corbus Pharmaceuticals Holding

$5.96
Small-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Press Releases
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About InMed Pharmaceuticals Inc

Exchange NASDAQ
Headquaters Vancouver, BC, Canada
IPO Launch date 2020-11-12
President, CEO & Director Mr. Eric A. Adams B.S. Chem., M.I.B.
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 13
Full time employees 13

InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, develops a pipeline of prescription-based products in the United States. It operates through two segments: InMed Pharma and BayMedica Commercial. The InMed Pharma segment researches and develops cannabinoid-based pharmaceuticals products. The BayMedica Commercial segment develops proprietary manufacturing technologies to produce and sell rare cannabinoids for the health and wellness industry. Its prescription-based products include rare cannabinoids and novel cannabinoid analogs for the treatment of diseases with high unmet medical needs. The company's lead product is INM-755, a cannabinol topical skin cream, completed Phase 2 clinical trial for the treatment of epidermolysis bullosa. It also develops INM-089, which is a small molecule compound acting as a selective dual CB1 /CB2 agonist; and INM-900 for neurodegenerative diseases. In addition, the company offers IntegraSyn, an integrated biosynthesis-based manufacturing approach, for pharmaceutical-grade cannabinoids; and cannabichromene, cannabicitran, cannabidivarin, and tetrahydrocannabivarin. The company was formerly known as Cannabis Technologies Inc. and changed its name to InMed Pharmaceuticals Inc. in October 2014. InMed Pharmaceuticals Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​