InMed Reports Q3 FY2026: Net Loss $3.0M, Cash $5.2M, INM-901 shows human organoid anti‑inflammatory effects

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2026.05.07 10:03
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InMed Pharmaceuticals reported a Q3 FY2026 net loss of $3.0 million, an increase from $2.1 million year-over-year, attributed to higher R&D and financing costs. The company has $5.2 million in cash and short-term investments, down from $10.8 million in June 2025. INM-901 demonstrated anti-neuroinflammatory effects in human 3D brain organoids, showing promise for future applications. Additionally, BayMedica's commercial operations are being discontinued, with a wind-down expected by June 30, 2026.