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Stock impact report

Mind Medicine Inc (MNMD) Q3 2024 Earnings Call Highlights: Strong Cash Position and Clinical ... [Yahoo! Finance]

Mind Medicine (MindMed) Inc. - Common Shares (MNMD) 
Company Research Source: Yahoo! Finance
Research and Development Expenses: $17.2 million for the quarter ended September 30, 2024, up from $13.2 million for the same period in 2023. General and Administrative Expenses: $7.6 million for the quarter ended September 30, 2024, down from $8.4 million for the same period in 2023. Net Loss: $13.7 million for the quarter ended September 30, 2024, compared to $17.9 million for the same period in 2023. Warning! GuruFocus has detected 1 Warning Sign with MNMD. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Mind Medicine Inc ( NASDAQ:MNMD ) is on track to initiate multiple phase three studies for its MM 120 ODT in generalized anxiety disorder (GAD) and major depressive disorder (MDD), indicating strong progress in its clinical development pipeline. The company has a robust cash position with $295.3 million in cash and cash equivalents, which is expected to fund operations into 2027, prov Show less Read more
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