S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
AC Immune SA stock logo
ACIU
AC Immune
$2.36
-0.8%
$3.15
$1.78
$5.14
$233.40M1167,883 shs316,801 shs
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
$88.53
$88.47
$42.00
$89.15
$650.25M0.2461,105 shsN/A
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
$329.83
$324.32
$158.38
$329.99
$12.58B1.18832,048 shs5 shs
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
$1.65
+1.2%
$2.38
$0.92
$3.79
$406.30M1.274.46 million shs2.99 million shs
MediciNova, Inc. stock logo
MNOV
MediciNova
$1.39
-0.7%
$1.40
$1.26
$2.66
$68.17M0.7554,276 shs17,687 shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
AC Immune SA stock logo
ACIU
AC Immune
-1.65%-12.82%-29.17%-42.65%+10.70%
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
0.00%0.00%0.00%0.00%0.00%
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
0.00%0.00%0.00%+4.50%+66.50%
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
+0.62%-19.70%-33.20%+25.38%-36.58%
MediciNova, Inc. stock logo
MNOV
MediciNova
-2.10%-10.26%+6.06%-6.67%-36.94%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
AC Immune SA stock logo
ACIU
AC Immune
2.2756 of 5 stars
3.54.00.00.02.30.80.6
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
N/AN/AN/AN/AN/AN/AN/AN/A
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
0.0492 of 5 stars
1.20.00.00.00.01.70.6
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
0.9306 of 5 stars
3.01.00.00.01.81.70.6
MediciNova, Inc. stock logo
MNOV
MediciNova
0.0664 of 5 stars
0.02.00.00.02.60.80.0

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
AC Immune SA stock logo
ACIU
AC Immune
3.00
Buy$16.00577.97% Upside
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
N/AN/AN/AN/A
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
2.38
Hold$293.92-10.89% Downside
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
2.00
Hold$5.00203.03% Upside
MediciNova, Inc. stock logo
MNOV
MediciNova
N/AN/AN/AN/A

Current Analyst Ratings

Latest MNOV, ACIU, LXRX, BSTC, and KRTX Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/11/2024
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingHold
3/15/2024
AC Immune SA stock logo
ACIU
AC Immune
HC Wainwright
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$16.00
3/14/2024
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
HC Wainwright
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingNeutral ➝ Neutral$330.00
2/20/2024
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingNeutral ➝ Neutral$330.00
1/26/2024
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Neutral$245.00 ➝ $330.00
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
AC Immune SA stock logo
ACIU
AC Immune
$16.48M14.16N/AN/A$2.12 per share1.11
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
$38.19M17.03$3.38 per share26.18$18.42 per share4.81
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
$654K19,239.07N/AN/A$33.24 per share9.92
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
$1.20M338.58N/AN/A$0.38 per share4.34
MediciNova, Inc. stock logo
MNOV
MediciNova
$1M68.17N/AN/A$1.27 per share1.09

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
AC Immune SA stock logo
ACIU
AC Immune
-$60.41M-$0.71N/AN/AN/AN/A-37.51%-33.32%4/26/2024 (Estimated)
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
$24.47M$3.3337.5117.60N/A47.43%14.81%14.46%N/A
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
-$433.68M-$11.72N/AN/AN/AN/A-31.63%-30.38%5/2/2024 (Estimated)
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
-$177.12M-$0.80N/AN/AN/A-14,573.20%-138.54%-71.29%5/7/2024 (Estimated)
MediciNova, Inc. stock logo
MNOV
MediciNova
-$8.56M-$0.17N/AN/AN/AN/A-13.19%-12.50%5/9/2024 (Estimated)

Latest MNOV, ACIU, LXRX, BSTC, and KRTX Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
3/14/2024Q4 2023
AC Immune SA stock logo
ACIU
AC Immune
-$0.07-$0.06+$0.01-$0.06$16.36 million$16.71 million
3/11/2024Q4 2023
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
-$0.23-$0.20+$0.03-$0.20$0.68 million$0.70 million
2/22/2024Q4 2023
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
-$2.65-$3.01-$0.36-$3.01$0.86 millionN/A
2/15/2024Q4 2023
MediciNova, Inc. stock logo
MNOV
MediciNova
-$0.08-$0.04+$0.04-$0.04N/AN/A

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
AC Immune SA stock logo
ACIU
AC Immune
N/AN/AN/AN/AN/A
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
N/AN/AN/AN/AN/A
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
N/AN/AN/AN/AN/A
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
N/AN/AN/AN/AN/A
MediciNova, Inc. stock logo
MNOV
MediciNova
N/AN/AN/AN/AN/A

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
AC Immune SA stock logo
ACIU
AC Immune
N/A
9.22
9.22
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
N/A
66.24
66.24
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
N/A
19.31
19.31
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
1.07
5.60
5.58
MediciNova, Inc. stock logo
MNOV
MediciNova
N/A
15.61
15.61

Ownership

Institutional Ownership

CompanyInstitutional Ownership
AC Immune SA stock logo
ACIU
AC Immune
51.36%
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
60.34%
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
N/A
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
74.70%
MediciNova, Inc. stock logo
MNOV
MediciNova
9.90%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
AC Immune SA stock logo
ACIU
AC Immune
13398.90 million94.35 millionOptionable
BioSpecifics Technologies Corp. stock logo
BSTC
BioSpecifics Technologies
77.35 millionN/ANot Optionable
Karuna Therapeutics, Inc. stock logo
KRTX
Karuna Therapeutics
33938.15 million33.16 millionOptionable
Lexicon Pharmaceuticals, Inc. stock logo
LXRX
Lexicon Pharmaceuticals
285246.24 million229.49 millionOptionable
MediciNova, Inc. stock logo
MNOV
MediciNova
1349.05 million40.76 millionOptionable

MNOV, ACIU, LXRX, BSTC, and KRTX Headlines

SourceHeadline
MediciNova (NASDAQ:MNOV) Stock Crosses Above 200 Day Moving Average of $1.62MediciNova (NASDAQ:MNOV) Stock Crosses Above 200 Day Moving Average of $1.62
americanbankingnews.com - April 13 at 3:12 AM
MediciNova (NASDAQ:MNOV) Coverage Initiated by Analysts at StockNews.comMediciNova (NASDAQ:MNOV) Coverage Initiated by Analysts at StockNews.com
americanbankingnews.com - April 13 at 2:22 AM
MediciNova Announces Abstract Regarding Results of a Clinical Trial of MN-166 (ibudilast) in Glioblastoma Accepted for Presentation at the 2024 American Society of Clinical Oncology Annual Meeting (2024 ASCO)MediciNova Announces Abstract Regarding Results of a Clinical Trial of MN-166 (ibudilast) in Glioblastoma Accepted for Presentation at the 2024 American Society of Clinical Oncology Annual Meeting (2024 ASCO)
globenewswire.com - April 2 at 7:00 PM
MediciNova, Inc.: MediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in JapanMediciNova, Inc.: MediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in Japan
finanznachrichten.de - March 27 at 1:30 PM
Pre-market Movers: IBIO, DRCT, NUVB, PAYS, LUXH…Pre-market Movers: IBIO, DRCT, NUVB, PAYS, LUXH…
msn.com - March 27 at 8:30 AM
MediciNova Gets Patent in Japan for Multiple Sclerosis-Related TreatmentMediciNova Gets Patent in Japan for Multiple Sclerosis-Related Treatment
marketwatch.com - March 27 at 8:30 AM
MediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in JapanMediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in Japan
tmcnet.com - March 27 at 8:30 AM
MediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in JapanMediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in Japan
globenewswire.com - March 26 at 7:00 PM
MediciNova Announces Two Abstracts regarding MN-001 (tipelukast) and MN-002 Accepted for Presentation at the 92nd EAS 2024 Congress, the Annual Meeting of the European Atherosclerosis SocietyMediciNova Announces Two Abstracts regarding MN-001 (tipelukast) and MN-002 Accepted for Presentation at the 92nd EAS 2024 Congress, the Annual Meeting of the European Atherosclerosis Society
globenewswire.com - March 20 at 7:00 PM
Companies Like MediciNova (NASDAQ:MNOV) Are In A Position To Invest In GrowthCompanies Like MediciNova (NASDAQ:MNOV) Are In A Position To Invest In Growth
finance.yahoo.com - March 20 at 6:11 PM
MediciNova Announces New Data and Results of MN-166 (ibudilast) in Chlorine Gas-induced Acute Lung Injury Presented at the 63rd Annual Meeting of the Society of ToxicologyMediciNova Announces New Data and Results of MN-166 (ibudilast) in Chlorine Gas-induced Acute Lung Injury Presented at the 63rd Annual Meeting of the Society of Toxicology
globenewswire.com - March 12 at 6:30 AM
MNOV: Capital Efficient Model and Large Late-Stage Pipeline Makes MediciNova Stand Out Among Peers…MNOV: Capital Efficient Model and Large Late-Stage Pipeline Makes MediciNova Stand Out Among Peers…
finance.yahoo.com - February 29 at 2:54 PM
Medicinova IncMedicinova Inc
money.usnews.com - February 28 at 6:13 PM
MediciNova, Inc.: MediciNova Receives a Notice of Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in ChinaMediciNova, Inc.: MediciNova Receives a Notice of Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in China
finanznachrichten.de - January 17 at 12:09 PM
MediciNova Receives a Notice of Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in ChinaMediciNova Receives a Notice of Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in China
finance.yahoo.com - January 17 at 7:08 AM
MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Chlorine Gas-induced Lung Injury Accepted for Presentation at the 63rd Annual Meeting of the Society of ToxicologyMediciNova Announces Abstract Regarding MN-166 (ibudilast) in Chlorine Gas-induced Lung Injury Accepted for Presentation at the 63rd Annual Meeting of the Society of Toxicology
finance.yahoo.com - December 21 at 7:32 PM
MediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast)MediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast)
eagletribune.com - December 7 at 7:53 AM
MediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Progressive MS in EuropeMediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Progressive MS in Europe
markets.businessinsider.com - December 6 at 7:58 PM
MediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Progressive MS in EuropeMediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Progressive MS in Europe
finance.yahoo.com - December 6 at 7:58 PM
MNOV: Encouraging Phase 2 Glioblastoma Results Presented at SNO…MNOV: Encouraging Phase 2 Glioblastoma Results Presented at SNO…
finance.yahoo.com - November 27 at 1:15 PM
The past five years for MediciNova (NASDAQ:MNOV) investors has not been profitableThe past five years for MediciNova (NASDAQ:MNOV) investors has not been profitable
finance.yahoo.com - November 22 at 8:39 AM
Why Is Neuro-Oncology-Focused MediciNova Stock Trading Higher Today?Why Is Neuro-Oncology-Focused MediciNova Stock Trading Higher Today?
msn.com - November 20 at 1:40 PM
MediciNova Announces New Data and Results of a Phase 2 Clinical Trial of MN-166 (ibudilast) in Glioblastoma Presented at the 28th Annual Meeting of the Society for Neuro-OncologyMediciNova Announces New Data and Results of a Phase 2 Clinical Trial of MN-166 (ibudilast) in Glioblastoma Presented at the 28th Annual Meeting of the Society for Neuro-Oncology
finance.yahoo.com - November 19 at 6:40 PM
MediciNovas Collaborator Initiates Clinical Development of a Gene Therapy Product for the Treatment of PhenylketonuriaMediciNova's Collaborator Initiates Clinical Development of a Gene Therapy Product for the Treatment of Phenylketonuria
benzinga.com - October 28 at 9:05 AM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

AC Immune logo

AC Immune

NASDAQ:ACIU
AC Immune SA, a clinical stage biopharmaceutical company, discovers, designs, and develops medicines and diagnostic products for the prevention and treatment of neurodegenerative diseases associated with protein misfolding. Its SupraAntigen and Morphomer platforms are designed to generate vaccines, antibodies, and small molecules, which selectively interact with misfolded proteins that are common in a range of neurodegenerative diseases. The company is developing Crenezumab, a humanized, conformation-specific monoclonal antibody, which is in Phase II clinical studies trial for the treatment of Alzheimer's disease (AD). It is also developing ACI-24, an anti-Abeta vaccine candidate that is in Phase II clinical study for AD, as well as completed Phase Ib clinical study for Down syndrome; ACI-35, an anti-Tau vaccine candidate that is in Phase Ib/2a clinical study; and Tau- positron emission tomography (PET) imaging tracer, which is in Phase II clinical study. In addition, the company is researching and developing small molecule Tau aggregation inhibitors for AD and NeuroOrphan indications. Further, it has discovery and preclinical stage molecules targeting range of neurodegenerative diseases, which include diagnostics targeting TDP-43, alpha-synuclein, and NLRP3. AC Immune SA has license agreements and collaborations with Genentech, Inc.; Biogen International GmbH; Janssen Pharmaceuticals, Inc.; Life Molecular Imaging SA; Eli Lilly and Company; and WuXi Biologics. The company was incorporated in 2003 and is headquartered in Lausanne, Switzerland.
BioSpecifics Technologies logo

BioSpecifics Technologies

NASDAQ:BSTC
BioSpecifics Technologies Corp., a biopharmaceutical company, develops an injectable collagenase clostridium histolyticum for various indications in the United States and internationally. The company offers injectable collagenase for the treatment of Dupuytren's contracture and Peyronie's disease under the XIAFLEX and Xiapex brands. It also provides injectable collagenase to treat frozen shoulder, cellulite, canine lipoma, lateral hip fat, plantar fibromatosis, human lipoma, and uterine fibroids. The company has a development and license agreement with Endo Global Ventures. BioSpecifics Technologies Corp. was founded in 1957 and is headquartered in Wilmington, Delaware.
Karuna Therapeutics logo

Karuna Therapeutics

NASDAQ:KRTX
Karuna Therapeutics, Inc., a clinical-stage biopharmaceutical company, creates and delivers transformative medicines for people living with psychiatric and neurological conditions. Its lead product candidate includes KarXT, an oral modulator of muscarinic receptors for the treatment of acute psychosis in patients with schizophrenia; and for the treatment of central nervous system disorders, such as negative and cognitive symptoms of schizophrenia and psychosis, as well as for the treatment of various peripheral tissues and dementia-related psychosis, including Alzheimer's disease. The company also focuses on developing other muscarinic-targeted drug candidates; and intends to develop lead candidature TRPC4/5 and KAR-2618 for the treatment of depressive disorder. Karuna Therapeutics, Inc. has a license agreement with Eli Lilly and Company, and Zai Lab (Shanghai) Co., Ltd; patent license agreement with PureTech Health LLC; and drug discovery partnership with Charles River Laboratories, as well as drug discovery collaboration with PsychoGenics, Inc. The company was formerly known as Karuna Pharmaceuticals, Inc. and changed its name to Karuna Therapeutics, Inc. in March 2019. Karuna Therapeutics, Inc. was incorporated in 2009 and is headquartered in Boston, Massachusetts.
Lexicon Pharmaceuticals logo

Lexicon Pharmaceuticals

NASDAQ:LXRX
Lexicon Pharmaceuticals, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of pharmaceutical products. Its orally-delivered small molecule drug candidates under development comprise Sotagliflozin that completed Phase III clinical trials for the for the treatment of heart failure and type 1 diabetes; and LX9211, which is in Phase II clinical development for the treatment of neuropathic pain and LX2761, which is in Phase I clinical development for gastrointestinal tract. Lexicon Pharmaceuticals, Inc. has strategic collaboration and license agreements with Bristol-Myers Squibb Company and Genentech, Inc. The company was incorporated in 1995 and is headquartered in The Woodlands, Texas.
MediciNova logo

MediciNova

NASDAQ:MNOV
MediciNova, Inc., a biopharmaceutical company, focuses on developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. It is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological and other disorders, such as primary and secondary progressive multiple sclerosis, amyotrophic lateral sclerosis, chemotherapy-induced peripheral neuropathy, degenerative cervical myelopathy, glioblastoma, and substance dependence and addiction, as well as prevention of acute respiratory distress syndrome, and long COVID. The company's product pipeline also includes MN-221 (bedoradrine), a selective beta-2-adrenergic receptor agonist for the treatment of acute exacerbations of asthma; MN-001 (tipelukast), an orally bioavailable small molecule compound to treat fibrotic and other diseases, including nonalcoholic fatty liver disease and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. It has license agreements with Kyorin Pharmaceutical Co., Ltd; Angiogene Pharmaceuticals, Ltd.; and Meiji Seika Kaisha, Ltd. The company was incorporated in 2000 and is headquartered in La Jolla, California.