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Bright Minds Biosciences Inc.

DRUG
Healthcare|Biotechnology|US
$23.00
+2.30 (+11.11%)
DCF Value
$8.39
Tangible Book / Share
$31.35
Cash / Share
$31.35

About

Bright Minds Biosciences Inc., a biotechnology company, develops therapeutics to improve the lives of patients with severe and life-altering diseases in the United States. Its portfolio includes 5-HT2 Receptors, which are serotonin agonists for epilepsy and neuropsychiatric disorders; and BMB-101, which has completed phase 1 trial for undisclosed seizure disorder and is in phase 2 clinical trials for the developmental and epileptic encephalopathies and absence epilepsies. The company also develops BMB-201 and BMB-202 for the treatment of neuropsychiatric and neurology indications; and BMB-105, a 5-HT2C agonist to treat Prader Willi Syndrome. Bright Minds Biosciences Inc. has a collaboration with Firefly Neuroscience, Inc. to provide an analysis of the electroencephalogram (EEG) data in the Company’s BREAKTHROUGH study. The company was founded in 2017 and is headquartered in New York, New York.

Stock Price

-59.0%(1Y)
1M
-55.8%
3M
-71.0%
6M
-73.1%
YTD
-70.5%
1Y
-61.2%
3Y
+1629.3%
5Y
-42.4%

Pipeline Summary

3 total trials
1
Phase 1
2
Phase 2
0
Phase 3
0
Phase 4
Not Yet Recruiting: 1Recruiting: 1Completed: 1

Active Trials (1)

BMB-101 in Absence Epilepsy and DEE
NCT06401538Absence Epilepsy
Phase 2Recruiting
Enrollment: 20 participants

Key Facts

Market Cap$226.9M
Employees0
CEOIan McDonald
IPO DateMar 22, 2021
Beta0.09
52-Week Range$17.4 – $123.75
Avg Volume192,759
ExchangeNASDAQ

Ownership

Float68.3%
Shares Outstanding9.9M

Recent Insider Trades

Cormorant Asset Management, LPSELL
Apr 28, 2026109,331 shares @ $89.50
Cormorant Asset Management, LPBUY
Nov 4, 2024184,331 shares @ $21.70
Cormorant Asset Management, LPBUY
Oct 16, 20243,107 shares @ $25.22
Cormorant Asset Management, LPBUY
Oct 16, 20247,150 shares @ $24.03
Cormorant Asset Management, LPBUY
Oct 16, 202439,743 shares @ $23.21

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Data last updated: Nov 9, 2026, 04:07 AM