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Stock impact report

MediciNova: Leading The Pack In An MS Subtype [Seeking Alpha]

MediciNova, Inc. (MNOV) 
Last medicinova, inc. earnings: 4/23 04:20 pm Check Earnings Report
Company Research Source: Seeking Alpha
MediciNova: Leading The Pack In An MS Subtype Summary MNOV has very strong phase 2b results in a subtype of MS for its lead candidate. It also has other late-stage trials in fields as diverse as ALS, NASH, etc. Lacking near-term catalysts and trading near 52-week lows, MNOV is a speculative buy. MediciNova, Inc. ( What is the drug MN-166 MN-166 is an immunosuppressive oral small molecule. It is a first-in-class glial attenuator that suppresses pro-inflammatory cytokines IL-1ß, TNF-a, and IL-6. It may be considered a New Molecular Entity, or NME, in the United States and Europe. However, ibudilast was approved in Japan over 20 years ago. It has been prescribed to over 3.2 million patients and has a good post-marketing safety profile. Global development of MN-166 is in collaboration with Kyorin Pharmaceutical Co., Ltd. of Japan. Catalyst There is no near-term catalyst as of now. The company's pipeline shows, among others, the below indications and the development stage thereof for MN-16 Show less Read more
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