MediciNova Key Executives

This section highlights MediciNova's key executives, including their titles and compensation details.

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MediciNova Earnings

This section highlights MediciNova's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: May 08, 2025
Time: Before Market
Est. EPS: $-0.14
Status: Unconfirmed

Last Earnings Results

Date: February 19, 2025
EPS: $-0.06
Est. EPS: $-0.06
Revenue: $-

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

Financial Statements

Access annual & quarterly financial statements for MediciNova, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019
Revenue $1.00M $- $4.04M $- $-
Cost of Revenue $- $212.43K $- $21.34K $23.94K
Gross Profit $1.00M $-212.43K $4.04M $-21.34K $-23.94K
Gross Profit Ratio 100.00% - 100.00% - -
Research and Development Expenses $5.66M $9.14M $8.54M $7.48M $6.08M
General and Administrative Expenses $4.98M $5.48M $5.72M $6.69M $7.95M
Selling and Marketing Expenses $257.93K $- $- $- $-
Selling General and Administrative Expenses $5.24M $5.48M $5.72M $6.69M $7.95M
Other Expenses $- $-247.28K $-59.50K $-38.40K $-46.16K
Operating Expenses $10.90M $14.63M $14.25M $14.18M $14.03M
Cost and Expenses $10.90M $14.63M $14.25M $14.18M $14.03M
Interest Income $1.83M $809.67K $143.63K $361.18K $1.15M
Interest Expense $- $- $- $- $-
Depreciation and Amortization $20.30K $212.43K $26.15K $21.34K $23.94K
EBITDA $-9.88M $-13.85M $-10.19M $-14.16M $-14.01M
EBITDA Ratio -988.00% - -252.38% - -
Operating Income $-9.90M $-14.63M $-10.22M $-14.18M $-14.03M
Operating Income Ratio -990.03% - -253.02% - -
Total Other Income Expenses Net $1.33M $562.39K $84.13K $322.78K $1.10M
Income Before Tax $-8.57M $-14.07M $-10.13M $-13.86M $-12.93M
Income Before Tax Ratio -856.85% - -250.94% - -
Income Tax Expense $3.05K $2.82K $2.57K $-1.65K $12.66K
Net Income $-8.57M $-14.07M $-10.13M $-13.85M $-12.94M
Net Income Ratio -857.15% - -251.00% - -
EPS $-0.17 $-0.29 $-0.21 $-0.31 $-0.30
EPS Diluted $-0.17 $-0.29 $-0.21 $-0.31 $-0.30
Weighted Average Shares Outstanding 49.05M 49.05M 48.60M 44.41M 43.16M
Weighted Average Shares Outstanding Diluted 49.05M 49.05M 48.60M 44.41M 43.16M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Revenue $- $- $- $- $-999.77M $1.00B $- $- $- $- $- $- $4.03B $37.50K $- $4.00M $- $- $- $-
Cost of Revenue $- $- $5.37K $5.35K $5.49K $5.70K $54.12K $53.62K $47.93K $54.19K $60.70K $49.61K $6.37K $- $6.15K $- $- $- $- $-
Gross Profit $- $- $-5.37K $-5.35K $-999.78M $999.99M $-54.12K $-53.62K $-47.93K $-54.19K $-60.70K $-49.61K $4.03B $37.50K $-6.15K $4.00M $- $- $- $-
Gross Profit Ratio - 0.00% - - 100.00% 100.00% - - - - - - 100.00% 100.00% - 100.00% 0.00% 0.00% 0.00% 0.00%
Research and Development Expenses $1.91M $1.86M $1.65M $1.78M $1.65M $794.71M $1.74M $1.48M $2.01M $2.45M $2.56M $2.11M $1.78M $2.09M $2.53M $2.15M $1.80M $2.24M $2.20M $1.25M
General and Administrative Expenses $1.28M $1.45M $1.40B $1.35M $839.33K $1.35B $1.56M $1.49M $1.22M $1.44M $1.52M $1.30M $325.82K $1.55M $1.78M $2.06M $1.22M $1.49M $2.31M $1.67M
Selling and Marketing Expenses $- $- $62.12K $-1.35B $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $1.28M $1.45M $1.40M $1.35M $839.33K $1.35B $1.56M $1.49M $1.22M $1.44M $1.52M $1.30M $325.82K $1.55M $1.78M $2.06M $1.22M $1.49M $2.31M $1.67M
Other Expenses $- $- $- $-16.04K $-2.20K $-14.15K $-23.21K $-463.31K $-194.73K $-8.47K $-30.34K $-13.74K $-14.21K $-13.38K $-8.97K $-22.94K $-10.50K $-11.01K $-4.55K $-12.34K
Operating Expenses $3.18M $3.31M $3.05M $3.13M $2.49M $2.15B $3.30M $2.96M $3.23M $3.90M $4.09M $3.41M $2.10M $3.64M $4.31M $4.20M $3.01M $3.73M $4.51M $2.92M
Cost and Expenses $3.18M $3.31M $3.05M $3.14M $2.49M $2.15B $3.30M $2.96M $3.23M $3.90M $4.09M $3.41M $2.10M $3.64M $4.31M $4.20M $3.01M $3.73M $4.51M $2.92M
Interest Income $390.10K $447.85K $435.35K $397.51K $436.26K $437.93M $451.42K $509.05K $427.30K $253.75K $91.28K $37.34K $36.47K $36.15K $34.34K $36.67K $37.01K $37.20K $63.69K $223.28K
Interest Expense $- $- $- $- $45.74K $- $- $- $- $253.75K $91.28K $37.34K $- $- $- $- $- $- $- $-
Depreciation and Amortization $5.18K $5.18K $5.37K $5.35K $5.49K $5.70K $54.12K $53.62K $47.93K $54.19K $60.70K $49.61K $6.37K $7.17K $6.15K $6.45K $5.86K $5.22K $5.21K $5.06K
EBITDA $-3.18M $-3.30M $-3.04M $-3.13M $-2.48M $-1.14M $-3.30M $-2.96M $-3.23M $-3.89M $-4.09M $-3.41M $-2.10M $-3.59M $-4.30M $-195.08K $-3.01M $-3.72M $-4.51M $-2.92M
EBITDA Ratio - - - - 0.25% -0.11% - - - - - - -0.05% -9586.06% - -4.88% - - - -
Operating Income $-3.18M $-3.31M $-3.05M $-3.14M $-2.49M $-1.15B $-3.30M $-2.96M $-3.23M $-3.90M $-4.09M $-3.41M $-2.10M $-3.60M $-4.31M $-201.53K $-3.01M $-3.73M $-4.51M $-2.92M
Operating Income Ratio - - - - 0.25% -114.69% - - - - - - -0.05% -9605.17% - -5.04% - - - -
Total Other Income Expenses Net $374.60K $456.95K $418.30K $381.48K $434.07K $423.78K $428.21K $45.74K $232.57K $245.28K $60.94K $23.59K $22.25K $22.77K $25.37K $13.73K $26.50K $26.20K $59.14K $210.94K
Income Before Tax $-2.81M $-2.85M $-2.63M $-2.75M $-2.06M $-723.11K $-2.87M $-2.92M $-3.00M $-3.65M $-4.03M $-3.39M $-2.08M $-3.58M $-4.28M $-187.80K $-2.99M $-3.70M $-4.45M $-2.71M
Income Before Tax Ratio - - - - 0.21% -0.07% - - - - - - -0.05% -9544.45% - -4.69% - - - -
Income Tax Expense $5.54K $- $- $-38.46K $-433.22K $-1.15B $-451.42K $-45.74K $2.82K $-245.28K $-60.94K $-23.59K $-33.90K $-36.15K $-34.34K $-36.67K $1.65K $-37.20K $-63.69K $-223.28K
Net Income $-2.81M $-2.85B $-2.63M $-2.75M $-2.06M $-723.11K $-2.87M $-2.87M $-3.00M $-3.41M $-3.97M $-3.36M $-2.08M $-3.58M $-4.28M $-187.80K $-2.99M $-3.70M $-4.45M $-2.71M
Net Income Ratio - - - - 0.21% -0.07% - - - - - - -0.05% -9544.45% - -4.69% - - - -
EPS $0.00 $-0.06 $-0.05 $-0.06 $-0.04 $-0.01 $-0.06 $-0.06 $-0.06 $-0.07 $-0.08 $-0.07 $-0.04 $-0.07 $-0.09 $0.00 $-0.07 $-0.08 $-0.10 $-0.06
EPS Diluted $0.00 $-0.06 $-0.05 $-0.06 $-0.04 $-0.01 $-0.06 $-0.06 $-0.06 $-0.07 $-0.08 $-0.07 $-0.04 $-0.07 $-0.09 $0.00 $-0.07 $-0.08 $-0.10 $-0.06
Weighted Average Shares Outstanding - 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.04M 48.99M 48.99M 48.80M 47.54M 44.64M 44.64M 44.09M 43.95M
Weighted Average Shares Outstanding Diluted - 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.05M 49.04M 48.99M 48.99M 48.80M 47.54M 44.64M 44.64M 44.09M 43.95M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $40.36M $51.00M $18.51M $71.43M $60.04M
Short Term Investments $- $- $39.98M $- $-
Cash and Short Term Investments $40.36M $51.00M $58.49M $71.43M $60.04M
Net Receivables $- $- $- $- $-
Inventory $- $- $- $- $-
Other Current Assets $714.54K $174.94K $499.40K $577.99K $680.17K
Total Current Assets $41.07M $51.17M $58.99M $72.01M $60.72M
Property Plant Equipment Net $382.41K $621.21K $674.76K $881.78K $55.70K
Goodwill $9.60M $9.60M $9.60M $9.60M $9.60M
Intangible Assets $4.80M $4.80M $4.80M $4.80M $4.80M
Goodwill and Intangible Assets $14.40M $14.40M $14.40M $14.40M $14.40M
Long Term Investments $- $- $- $- $-
Tax Assets $- $- $- $- $-
Other Non-Current Assets $19.00K $74.15K $92.79K $115.49K $246.24K
Total Non-Current Assets $14.80M $15.10M $15.17M $15.40M $14.70M
Other Assets $- $- $- $- $-
Total Assets $55.88M $66.27M $74.15M $87.41M $75.42M
Account Payables $1.10M $1.00M $424.65K $402.74K $616.63K
Short Term Debt $193.77K $215.93K $157.50K $131.97K $186.03K
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $1.75M $1.69B
Other Current Liabilities $1.66M $2.06M $2.61M $2.30M $1.39M
Total Current Liabilities $2.96M $3.28M $3.19M $2.83M $2.19M
Long Term Debt $- $- $- $- $-
Deferred Revenue Non-Current $- $- $-523.62K $-694.67K $1.69M
Deferred Tax Liabilities Non-Current $201.79K $201.79K $201.79K $201.79K $201.79K
Other Non-Current Liabilities $211.46K $410.66K $523.62K $694.67K $2.71K
Total Non-Current Liabilities $413.25K $612.45K $725.41K $896.47K $1.90M
Other Liabilities $- $- $- $- $-
Total Liabilities $3.37M $3.89M $3.91M $3.73M $4.09M
Preferred Stock $- $- $- $- $-
Common Stock $49.05K $49.05K $49.05K $49.04K $45.02K
Retained Earnings $-426.75M $-415.70M $-407.13M $-393.06M $-382.93M
Accumulated Other Comprehensive Income Loss $-135.15K $-118.09K $-115.28K $-98.88K $-88.22K
Other Total Stockholders Equity $479.34M $478.15M $477.44M $476.79M $454.30M
Total Stockholders Equity $52.50M $62.38M $70.24M $83.68M $71.33M
Total Equity $52.50M $62.38M $70.24M $83.68M $71.33M
Total Liabilities and Stockholders Equity $55.88M $66.27M $74.15M $87.41M $75.42M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $55.88M $66.27M $74.15M $87.41M $75.42M
Total Investments $- $- $39.98M $- $-
Total Debt $193.77K $215.93K $157.50K $131.97K $184.75K
Net Debt $-40.17M $-50.78M $-18.35M $-71.30M $-59.85M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Cash and Cash Equivalents $40.36M $42.28M $44.34M $47.14M $51.00M $51.51M $52.88M $55.26M $18.51M $52.51M $65.23M $67.70M $71.43M $75.03M $77.79M $76.30M $60.04M $61.66M $60.44M $61.33M
Short Term Investments $- $- $- $- $- $- $- $- $39.98M $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $40.36M $42.28M $44.34M $47.14M $51.00M $51.51M $52.88M $55.26M $58.49M $52.51M $65.23M $67.70M $71.43M $75.03M $77.79M $76.30M $60.04M $61.66M $60.44M $61.33M
Net Receivables $- $- $- $- $- $1.00M $- $- $- $- $- $- $- $- $- $4.00M $- $- $- $-
Inventory $- $- $- $- $- $1 $- $- $- $- $- $- $- $- $- $1 $- $- $- $-
Other Current Assets $714.54K $- $1.17M $724.80K $174.94K $488.79K $645.46K $775.03K $499.40K $641.73K $723.74K $1.14M $577.99K $1.13M $1.12M $1.17M $680.17K $893.84K $605.68K $835.54K
Total Current Assets $41.07M $43.27M $45.51M $47.86M $51.17M $53.00M $53.52M $56.03M $58.99M $53.15M $65.96M $68.83M $72.01M $76.16M $78.91M $81.47M $60.72M $62.56M $61.05M $62.17M
Property Plant Equipment Net $382.41K $434.71K $478.99K $559.69K $621.21K $669.11K $723.88K $620.74K $674.76K $718.99K $773.29K $832.04K $881.78K $946.07K $68.57K $48.93K $55.70K $28.86K $32.93K $38.12K
Goodwill $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M $9.60M
Intangible Assets $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M $4.80M
Goodwill and Intangible Assets $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M $14.40M
Long Term Investments $- $- $- $- $- $- $- $- $- $10.02M $- $- $- $- $- $- $- $- $- $-
Tax Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $19.00K $19.00K $19.00K $70.39K $74.15K $71.07K $72.79K $77.47K $92.79K $101.70K $105.06K $111.76K $115.49K $117.54K $305.33K $183.43K $246.24K $309.11K $359.15K $410.32K
Total Non-Current Assets $14.80M $14.85M $14.90M $15.03M $15.10M $15.14M $15.20M $15.10M $15.17M $25.24M $15.28M $15.34M $15.40M $15.46M $14.77M $14.63M $14.70M $14.74M $14.79M $14.85M
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $55.88M $58.12M $60.40M $62.89M $66.27M $68.14M $68.72M $71.13M $74.15M $78.39M $81.24M $84.18M $87.41M $91.62M $93.68M $96.10M $75.42M $77.29M $75.84M $77.01M
Account Payables $1.10M $708.20K $667.70K $804.76K $1.00M $736.90K $548.22K $585.07K $424.65K $552.72K $642.63K $665.25K $402.74K $642.42K $607.15K $428.15K $616.63K $376.27K $576.51K $377.50K
Short Term Debt $193.77K $201.98K $190.05K $217.89K $215.93K $205.39K $201.28K $142.20K $157.50K $167.07K $183.62K $163.94K $131.97K $150.68K $- $- $186.03K $- $- $-
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $1.89M $-1.86B $-2.07B $- $- $- $- $- $1.75M $1.69M $1.69B $1.69B $1.69M $1.69B $1.69B $1.69B
Other Current Liabilities $1.66M $1.69M $1.64M $1.49M $2.06M $1.86M $2.07M $1.99M $2.61M $3.81M $3.01M $2.15M $2.30M $1.71M $1.86M $1.40M $1.39M $1.43M $2.20M $1.42M
Total Current Liabilities $2.96M $2.60M $2.49M $2.51M $3.28M $2.80M $2.82M $2.72M $3.19M $4.53M $3.84M $2.98M $2.83M $4.20M $2.47M $1.83M $2.19M $1.80M $2.77M $1.79M
Long Term Debt $- $- $- $- $- $463.84K $519.68K $489.38K $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue Non-Current $- $- $- $-351.19K $-410.66K $-463.84M $-519.68K $-489.38M $-523.62K $-555.84K $-587.40K $-632.87K $-694.67K $-737.72K $1.69M $1.69M $1.69M $1.69M $1.69M $1.69M
Deferred Tax Liabilities Non-Current $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K $201.79K
Other Non-Current Liabilities $211.46K $456.74M $302.48K $351.19K $410.66K $- $- $- $523.62K $555.84K $587.40K $632.87K $694.67K $737.72K $87.01K $2.21K $2.71K $- $- $-
Total Non-Current Liabilities $413.25K $456.94M $504.27K $552.98K $612.45K $665.63K $721.48K $691.17K $725.41K $757.63K $789.20K $834.66K $896.47K $939.51K $1.98M $1.90M $1.90M $1.94M $1.97M $2.02M
Other Liabilities $- $-456.49M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $3.37M $3.05M $3.00M $3.06M $3.89M $3.47M $3.54M $3.41M $3.91M $5.29M $4.63M $3.81M $3.73M $5.14M $4.45M $3.73M $4.09M $3.74M $4.75M $3.82M
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $92.80K $92.80K
Common Stock $49.05K $49.05K $49.05K $49.05K $49.05K $49.05K $49.05K $49.05K $49.05K $49.05K $49.05K $49.04K $49.04K $49.03K $48.92K $48.77K $45.02K $44.93K $44.26K $43.98K
Retained Earnings $-426.75M $-423.94B $-421.08M $-418.46M $-415.70M $-413.64M $-412.92M $-410.05M $-407.13M $-404.13M $-400.48M $-396.45M $-393.06M $-390.98M $-387.40M $-383.11M $-382.93M $-379.94M $-376.24M $-371.79M
Accumulated Other Comprehensive Income Loss $-135.15K $-123.80M $-131.53K $-126.98K $-118.09K $-123.75K $-121.04K $-116.83K $-115.28K $-124.26K $-118.29K $-106.31K $-98.88K $-95.04K $-93.68K $-95.04K $-88.22K $-90.03K $-92.80K $-92.80K
Other Total Stockholders Equity $479.34M $479.13B $478.57M $478.36M $478.15M $478.39M $478.17M $477.84M $477.44M $477.31M $477.15M $476.87M $476.79M $477.51M $476.68M $475.53M $454.30M $453.54M $447.38M $445.03M
Total Stockholders Equity $52.50M $55.07B $57.41M $59.83M $62.38M $64.67M $65.18M $67.73M $70.24M $73.11M $76.61M $80.36M $83.68M $86.48M $89.23M $92.37M $71.33M $73.55M $71.09M $73.20M
Total Equity $52.50M $55.07B $57.41M $59.83M $62.38M $64.67M $65.18M $67.73M $70.24M $73.11M $76.61M $80.36M $83.68M $86.48M $89.23M $92.37M $71.33M $73.55M $71.09M $73.20M
Total Liabilities and Stockholders Equity $55.88M $58.12M $60.40M $62.89M $66.27M $68.14M $68.72M $71.13M $74.15M $78.39M $81.24M $84.18M $87.41M $91.62M $93.68M $96.10M $75.42M $77.29M $75.84M $77.01M
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $55.88M $58.12M $60.40M $62.89M $66.27M $68.14M $68.72M $71.13M $74.15M $78.39M $81.24M $84.18M $87.41M $91.62M $93.68M $96.10M $75.42M $77.29M $75.84M $77.01M
Total Investments $- $42.24B $- $- $- $- $- $- $39.98M $10.02M $- $- $- $- $- $- $- $- $- $-
Total Debt $193.77K $201.98K $492.53K $569.07K $215.93K $669.23K $201.28K $631.58K $157.50K $167.07K $183.62K $163.94K $131.97K $150.68K $- $- $186.03K $39.89K $75.78K $127.61K
Net Debt $-40.17M $-42.08M $-43.85M $-46.57M $-50.78M $-50.84M $-52.67M $-54.63M $-18.35M $-52.34M $-65.05M $-67.53M $-71.30M $-74.87M $-77.79M $-76.30M $-59.85M $-61.62M $-60.36M $-61.20M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-11.05M $-8.57M $-14.07M $-10.13M $-13.85M
Depreciation and Amortization $21.08K $20.30K $17.71K $26.15K $21.34K
Deferred Income Tax $- $- $- $286 $-3.44M
Stock Based Compensation $1.19M $710.71K $642.52K $1.72M $3.18M
Change in Working Capital $-979.56K $111.99K $334.10K $-1.21M $-169.36K
Accounts Receivables $- $- $- $- $-
Inventory $- $- $- $- $-
Accounts Payables $-312.35K $19.24K $329.01K $-1.03M $-224.31K
Other Working Capital $-667.21K $92.75K $5.09K $-181.42K $54.95K
Other Non Cash Items $173.32K $297.49K $163.19K $216.64K $3.44M
Net Cash Provided by Operating Activities $-10.64M $-7.43M $-12.91M $-9.38M $-10.83M
Investments in Property Plant and Equipment $-895 $-21.30K $-5.01K $-28.73K $-36.49K
Acquisitions Net $- $- $5.01M $- $-
Purchases of Investments $- $- $-59.88M $- $-
Sales Maturities of Investments $- $39.93M $19.88M $- $-
Other Investing Activities $198 $- $-5.01M $-28.73M $-36.49M
Net Cash Used for Investing Activities $-697 $39.91M $-40.01M $-28.73K $-36.49K
Debt Repayment $- $- $- $- $-
Common Stock Issued $- $- $7.92K $20.89M $7.30M
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $- $- $- $-112.26K $-192.13K
Net Cash Used Provided by Financing Activities $- $- $7.92K $20.78M $7.11M
Effect of Forex Changes on Cash $3.96K $17.27K $-16.81K $26.55K $1.20K
Net Change in Cash $-10.64M $32.49M $-52.93M $11.39M $-3.76M
Cash at End of Period $40.36M $51.00M $18.51M $71.43M $60.04M
Cash at Beginning of Period $51.00M $18.51M $71.43M $60.04M $63.79M
Operating Cash Flow $-10.64M $-7.43M $-12.91M $-9.38M $-10.83M
Capital Expenditure $-895 $-21.30K $-5.01K $-28.73K $-36.49K
Free Cash Flow $-10.64M $-7.45M $-12.92M $-9.41M $-10.86M

Cash Flow Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020 March 31, 2020
Net Income $-2.81M $-2.85M $-2.63M $-2.75M $-2.06M $-723.11K $-2.87M $-2.92M $-3.00M $-3.65M $-4.03M $-3.39M $-2.08M $-3.58M $-4.28M $-187.80K $-2.99M $-3.70M $-4.45M $-2.71M
Depreciation and Amortization $5.18K $5.18K $5.37K $5.35K $5.49K $5.70K $5.00K $4.11K $4.33K $4.46K $4.49K $4.43K $6.37K $7.17K $6.15K $6.45K $5.86K $5.22K $5.21K $5.06K
Deferred Income Tax $- $- $- $- $346.49K $371 $- $- $- $- $- $- $286 $- $- $- $169.36M $- $- $-
Stock Based Compensation $263.99K $504.86K $207.46K $215.43K $-237.41K $219.14K $325.71K $403.26K $128.67K $158.30K $274.50K $81.05K $-756.97K $578.94K $755.90K $1.14M $398.05K $1.03M $1.15M $596.38K
Change in Working Capital $569.41K $1.82M $-431.76K $-1.38M $1.74M $-921.22K $108.97K $-819.31K $-1.17M $741.40K $1.24M $-472.64K $-858.87K $-185.85K $4.65M $-4.81M $632.30K $-1.24M $1.21M $-766.50K
Accounts Receivables $- $- $- $- $1.00M $-1.00M $- $- $- $- $- $- $4.00M $- $4.00M $-4.00M $- $- $- $-
Inventory $- $- $- $- $-1.00M $1.00M $- $- $- $- $- $- $-4.00M $- $- $-80.07M $- $- $- $-
Accounts Payables $353.25K $115.25K $507 $-781.35K $476.91K $-28.80K $30.37K $-459.25K $-627.10K $704.14K $844.76K $111.35K $-1.36M $-16.74K $726.10K $-378.87K $351.80K $-1.01M $926.69K $-493.46K
Other Working Capital $216.16K $1.70M $-432.26K $-602.56K $1.27M $-892.42K $78.60K $-360.06K $-545.38K $37.26K $393.07K $-584.00K $498.15K $-169.11K $3.92M $79.64M $280.50K $-234.13K $281.62K $-273.04K
Other Non Cash Items $44.34K $-1.51M $36.20K $1.06M $-298.09K $47.56K $49.12K $152.03K $33.92K $27.88K $56.22K $45.18K $53.36K $163.28K $42.11K $1.14M $-169.36M $-694.59K $926.69K $-493.46K
Net Cash Provided by Operating Activities $-1.93M $-2.03M $-2.81M $-3.87M $-499.06K $-1.37M $-2.38M $-3.18M $-4.01M $-2.72M $-2.46M $-3.73M $-3.64M $-3.02M $1.13M $-3.85M $-1.95M $-3.91M $-2.09M $-2.88M
Investments in Property Plant and Equipment $2 $-6 $- $- $22 $-2.74K $-18.58K $- $-5.01K $- $- $- $2.94K $-2.94K $-25.79K $- $-32.70K $-1.19K $-10 $-2.59K
Acquisitions Net $- $- $- $- $- $- $- $- $-4.99M $- $- $- $- $- $- $- $- $- $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $-49.88M $-10.00M $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $39.89B $- $- $39.93M $19.88M $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $-1 $199 $-891 $- $-21.30M $- $- $39.93M $4.99M $-10.00M $- $- $-28.71M $- $- $- $-36.49M $- $- $-
Net Cash Used for Investing Activities $1 $193 $-891 $- $22 $-2.74K $-18.58K $39.93M $-30.01M $-10.00M $- $- $-28.70M $-2.94K $-25.79K $- $-32.70K $-1.19K $-10 $-2.59K
Debt Repayment $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock Issued $- $- $- $- $- $- $- $- $7.91M $- $7.92K $- $38.70K $249.61K $389.75K $20.21M $562.49K $5.28M $1.23M $426.93K
Common Stock Repurchased $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $- $- $- $- $- $- $- $- $7.92K $- $- $- $- $- $-16 $-112.24K $-203.84K $-147.74K $-33.94K $-7.98K
Net Cash Used Provided by Financing Activities $- $- $- $- $- $- $- $- $7.92K $- $7.92K $- $38.70K $249.61K $389.74K $20.10M $358.65K $5.13M $1.20M $418.95K
Effect of Forex Changes on Cash $10.85K $-25.34K $10.85K $7.61K $-8.88K $5.38K $18.50K $2.27K $10.28K $-5.85K $-13.94K $-7.30K $5.84K $2.07K $-457 $19.10K $-1.45K $2.76K $5 $-120
Net Change in Cash $-1.92M $-2.06M $-2.80M $-3.86M $-507.92K $-1.37M $-2.38M $36.75M $-34.00M $-12.73M $-2.46M $-3.74M $-3.59M $-2.77M $1.49M $16.27M $-1.62M $1.22M $-889.82K $-2.46M
Cash at End of Period $40.36M $42.28M $44.34M $47.14M $51.00M $51.51M $52.88M $55.26M $18.51M $52.51M $65.23M $67.70M $71.43M $75.03M $77.79M $76.30M $60.04M $61.66M $60.44M $61.33M
Cash at Beginning of Period $42.28M $44.34M $47.14M $51.00M $51.51M $52.88M $55.26M $18.51M $52.51M $65.23M $67.70M $71.43M $75.03M $77.79M $76.30M $60.04M $61.66M $60.44M $61.33M $63.79M
Operating Cash Flow $-1.93M $-2.03M $-2.81M $-3.87M $-499.06K $-1.37M $-2.38M $-3.18M $-4.01M $-2.72M $-2.46M $-3.73M $-3.64M $-3.02M $1.13M $-3.85M $-1.95M $-3.91M $-2.09M $-2.88M
Capital Expenditure $2 $-6 $-891 $- $22 $-2.74K $-18.58K $- $-5.01K $- $- $- $2.94K $-2.94K $-25.79K $- $-32.70K $-1.19K $-10 $-2.59K
Free Cash Flow $-1.93M $-2.03M $-2.81M $-3.87M $-499.04K $-1.37M $-2.40M $-3.18M $-4.01M $-2.72M $-2.46M $-3.73M $-3.64M $-3.02M $1.10M $-3.85M $-1.98M $-3.91M $-2.09M $-2.88M

MediciNova, Inc. (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. The company is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological 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. Its 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 diseases, including nonalcoholic steatohepatitis and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. The company has collaboration agreements with Kissei Pharmaceutical Co., Ltd.; Kyorin Pharmaceutical Co., Ltd; Angiogene Pharmaceuticals Ltd.; and Meiji Seika Kaisha Ltd. MediciNova, Inc. was incorporated in 2000 and is headquartered in La Jolla, California.

Healthcare Biotechnology

$1.59

Stock Price

$77.98M

Market Cap

13

Employees

La Jolla, CA

Location

Revenue (FY 2023)

$1.00M

0.0% YoY

Net Income (FY 2023)

$-8.57M

0.0% YoY

EPS (FY 2023)

$-0.17

0.0% YoY

Free Cash Flow (FY 2023)

$-10.64M

-42.8% YoY

Profitability

Gross Margin

0.0%

Net Margin

0.0%

ROE

%

ROA

%

Valuation

P/E Ratio

0.00

P/S Ratio

0.00

EV/EBITDA

0.00

Market Cap

$77.98M

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$-10.64M

-43.2% YoY

Free Cash Flow

$-10.64M

-42.8% YoY

Balance Sheet Summary

Total Assets

$55.88M

-15.7% YoY

Total Debt

$193.77K

10.3% YoY

Shareholder Equity

$52.50M

-100.0% YoY

Dividend Overview

No Dividend Data

MediciNova, Inc. doesn't currently pay dividends.

MediciNova Dividends

Explore MediciNova's dividend history, including dividend yield, payout ratio, and historical payments.

MediciNova does not currently pay a dividend.

MediciNova News

Read the latest news about MediciNova, including recent articles, headlines, and updates.

MediciNova To Participate in D. Boral's Capital Global Conference on May 14, 2025

LA JOLLA, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announces that their CEO, Yuichi Iwaki, MD, Ph.D., and CBO, David H. Crean, Ph.D., will be participating in investor meetings at D. Boral Capital's, Inaugural DBC Conference on May 14, 2025 at the Plaza Hotel, New York City. The conference will bring together public and private executives with institutional investors, high-net worth individuals, and corporate clients from various sectors including Healthcare & Life Sciences. Drs. Iwaki and Crean will be discussing MediciNova's leading programs in neurologic and metabologic disorders. For more information about participation in the DBC Conference, visit  https://dboralcapital.com/conference .

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First Patient Enrolled in NIH-Funded Expanded Access Program (EAP) Trial to Evaluate MN-166 in Amyotrophic Lateral Sclerosis (ALS) Patients

LA JOLLA, Calif., April 08, 2025 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced enrollment of the first patient in the NIH-funded Expanded Access Program (EAP) trial to evaluate MN-166 (ibudilast) in patients with Amyotrophic Lateral Sclerosis (ALS).

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MediciNova Presents Study Update and Interim Analysis of Phase 2/3 Clinical Trial of MN-166 (ibudilast) in ALS (COMBAT-ALS Clinical Trial) at the 35th International Symposium on ALS/MND

LA JOLLA, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announces the study update and interim analysis results from the Company's COMBAT-ALS Phase 2b/3 clinical trial of MN-166 (ibudilast) in Amyotrophic Lateral Sclerosis (ALS) will be presented at the 35th International Symposium on ALS/MND held December 6-8, 2024 in Montreal, Canada.

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MediciNova Receives Notice of Allowance from United States Patent and Trademark Office for New Patent Covering MN-001 for Triglyceride Synthesis in the Liver

LA JOLLA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), announces that it has received a Notice of Allowance from the U.S. Patent and Trademark Office (USPTO) for a pending patent application for MN-001 (Tipelukast) to cover "Method to Decrease Triglyceride Synthesis in a Liver of a Subject." The allowed claims cover a groundbreaking method for decreasing triglyceride synthesis in the liver by administering MN-001 (Tipelukast) or its metabolite or pharmaceutically acceptable salt. This method is particularly beneficial for subjects diagnosed with insulin resistance, pre-diabetes, or diabetes. Once issued, this patent is expected to expire no earlier than May 26, 2042.

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MediciNova Given Notice of Monetary Damages Due Under Patent Settlement of Sanofi-Novartis

LA JOLLA, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it was notified by Sanofi that the Sanofi/Novartis litigation was settled. Accordingly, MediciNova is entitled to receive a certain amount of monetary damages through this settlement. Further details will be provided as they become available.

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MediciNova Announces Update of Phase 2/3 Clinical Trial of MN-166 (ibudilast) in ALS patients (COMBAT-ALS) at the 2024 Annual NEALS Meeting (Northeast Amyotrophic Lateral Sclerosis Consortium)

LA JOLLA, Calif., Oct. 23, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced the lead Principal Investigator of this clinical trial, Björn Oskarsson, MD, FAAN presented the update of an ongoing Phase 2/3 clinical trial of MN-166 (ibudilast) in Amyotrophic Lateral Sclerosis (ALS) patients at the 2024 Annual NEALS Meeting being held virtually on Oct 21-24, 2024.

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MediciNova to Support NIH-Funded Expanded Access Clinical Trial to Evaluate MN166 (ibudilast) in Amyotrophic Lateral Sclerosis (ALS)

LA JOLLA, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that the National Institutes of Health (NIH) - Neurological Disorders and Stroke (NINDS) has awarded $22 million for an intermediate size Expanded Access Protocol (EAP) to evaluate the efficacy of MN-166 (ibudilast) in Amyotrophic Lateral Sclerosis (ALS)1,2.

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MediciNova Announces Abstract Regarding MN-166 (ibudilast) in COMBAT-ALS Clinical Trial Accepted for Poster Presentation at the 35th International Symposium on ALS / MND

LA JOLLA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding a clinical trial of MN-166 (ibudilast) in the treatment of Amyotrophic Lateral Sclerosis (ALS), COMBAT-ALS study has been selected for a poster presentation at the 35th International Symposium on ALS / MND to be held December 6-8, 2024 in Montreal, Canada. The poster presentation will be presented by lead Principal Investigator of this clinical trial, Björn Oskarsson, MD, FAAN Associate Professor of Neurology at Jacksonville, FL, Director of ALS, Center of Excellence.

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MediciNova Announces Acceptance of Abstract Regarding MN-166 (ibudilast) in COMBAT-ALS Clinical Trial for Presentation at the 2024 Annual NEALS (Northeast Amyotrophic Lateral Sclerosis Consortium) Meeting

LA JOLLA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract was accepted for presentation regarding a clinical trial of MN-166 (ibudilast) in Amyotrophic Lateral Sclerosis (ALS), COMBAT-ALS Phase 2b/ 3 study at the 2024 Annual NEALS Meeting to be held October 21-24, 2024 (a hybrid meeting in Clearwater, Florida and Online). The presentation will be in poster format and be presented by lead Principal Investigator of the clinical trial, Björn Oskarsson, MD, FAAN, Associate Professor of Neurology at Jacksonville, FL and Director, ALS Center of Excellence.

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MediciNova Receives Notice of Allowance from United States Patent and Trademark Office for New Patent Covering MN-166 (ibudilast) for the Post-COVID Condition

LA JOLLA, Calif., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), announces that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application, which covers MN-166 (ibudilast) for post-COVID conditions. The Method of Use patent covers administering a therapeutically effective doses of ibudilast (or a pharmaceutically acceptable salt thereof) to alleviate a range of post-COVID conditions including anxiety, fatigue, depression, shortness of breath, post-traumatic stress disorder, chest tightness, palpitations, smell or taste dysfunction, sleep difficulties, hair loss, and rash.

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MediciNova Chief Business Officer David H. Crean, Ph.D.

Company to rededicate efforts toward updating stakeholders on corporate vision, strategy, and ongoing activities

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MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Prevention of Metastasis of Various Solid Cancer

LA JOLLA, Calif., June 05, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application which covers MN-166 (ibudilast) for the prevention of metastasis in various cancers including pancreatic cancer, lung cancer, breast cancer, colorectal cancer, melanoma, and ovarian cancer.

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MediciNova Announces Data from Phase 1b/2a Clinical Trial of MN-166 (ibudilast) in Glioblastoma Patients at the American Society of Clinical Oncology (ASCO) Annual Meeting 2024

LA JOLLA, Calif., June 03, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that MediciNova's collaborator, Gilbert Youssef, M.D. at Harvard Medical School, Attending Physician, Center for Neuro-Oncology at Dana-Farber Cancer Institute and Brigham and Women's Hospital, presented new data and results of a Phase 1b/2a Clinical Trial of MN-166 (ibudilast) in Glioblastoma (GBM) at the American Society of Clinical Oncology (ASCO) Annual meeting 2024 held May 31- June 4th in Chicago, IL.

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MediciNova Announces Two Poster Presentations at the 92nd EAS Congress 2024, the Annual Meeting of the European Atherosclerosis Society Regarding the Use of MN-001 (Tipelukast) for Cardiometabolic Conditions

LA JOLLA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ: MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that MediciNova conducted two poster presentations at the 92nd European Atherosclerosis Society (EAS) 2024 Congress held online May 26-29, 2024.

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MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Prevention of Metastasis of Eye Cancer

LA JOLLA, Calif., May 20, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application which covers MN-166 (ibudilast) for the prevention of metastasis of eye cancer.

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MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Treatment of Chlorine-Induced Acute Respiratory Distress Syndrome

LA JOLLA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application which covers MN-166 (ibudilast) for the treatment of chlorine-induced acute respiratory distress syndrome (ARDS).

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MediciNova Receives Issue Notification for New Patent Covering Extended-Release Formulations of MN-166 (ibudilast)

LA JOLLA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received an issue notification from the U.S. Patent and Trademark Office for a new patent which covers extended-release oral formulations of MN-166 (ibudilast). This new patent is expected to expire no earlier than September 2040. The allowed claims cover a formulation in the form of a tablet or capsule and cover a range of doses of MN-166 (ibudilast).

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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)

LA JOLLA, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding results of a clinical trial of MN-166 (ibudilast) in glioblastoma (GBM) has been selected for an oral presentation at the American Society of Clinical Oncology (2024 ASCO) Annual Meeting to be held May 31 – June 4, 2024 in Chicago. The oral presentation will be presented by one of the investigators of this clinical trial, Gilbert Youssef, M.D., Attending Physician at Harvard Medical School, Center for Neuro-Oncology at Dana-Farber Cancer Institute and Brigham and Women's Hospital.

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MediciNova Receives a Notice of Allowance for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in Japan

LA JOLLA, Calif., March 26, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced it has received a Notice of Allowance from the Japan Patent Office for a pending patent application which covers MN-166 (ibudilast) for the treatment of macular injury associated with progressive multiple sclerosis.

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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 Society

LA JOLLA, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that two abstracts entitled “ STUDY PROTOCOL TO EVALUATE MN-001'S (TIPELUKAST) EFFICACY, SAFETY AND TOLERABILITY IN SUBJECTS WITH NON-ALCOHOLIC FATTY LIVER DISEASE (NAFLD), HYPERTRIGLYCERIDEMIA (HTG) AND TYPE-2 DIABETES MELLITUS (T2DM )” and “ MN-002, THE METABOLITE OF MN-001(TIPELUKAST) PROMOTES MACROPHAGE CHOLESTEROL EFFLUX ” have been accepted and selected for poster presentation at the 92nd European Atherosclerosis Society (EAS) 2024 Congress to be held May 26-29, 2024.

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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 Toxicology

LA JOLLA, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that MediciNova's collaborator, Perenlei Enkhbaatar, MD, PhD, FAHA, Professor, Department of Anesthesiology, Director, Translational Intensive Care Unit, Charles Robert Allen Professor in Anesthesiology, University of Texas Medical Branch, presented new data and results of a nonclinical study evaluating MN-166 (ibudilast) in a chlorine gas-induced acute lung injury (CIALI) model at the Society of Toxicology (SOT) 63rd Annual Meeting and ToxExpo in Salt Lake City, Utah.

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MediciNova Receives a Notice of Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Macular Injury in China

LA JOLLA, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced it has received a Notice of Grant from the Chinese Patent Office for a new patent which covers MN-166 (ibudilast) for the treatment of macular injury associated with progressive multiple sclerosis.

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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 Toxicology

LA JOLLA, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding results of a nonclinical study of MN-166 (ibudilast) in chlorine gas-induced acute lung injury has been selected for a poster presentation at the Society of Toxicology (SOT) 63rd Annual Meeting and ToxExpo to be held March 10 - 14, 2024 in Salt Lake City, Utah. The poster will be presented by MediciNova's collaborator, Perenlei Enkhbaatar, MD, PhD, FAHA, Professor, Department of Anesthesiology, Director, Translational Intensive Care Unit, Charles Robert Allen Professor in Anesthesiology at The University of Texas Medical Branch.

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MediciNova Receives a Notice of Decision to Grant for a New Patent Covering MN-166 (ibudilast) for the Treatment of Progressive MS in Europe

LA JOLLA, Calif., Dec. 06, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced it has received a Notice of Decision to Grant from the European Patent Office for a pending patent application which covers the combination of MN-166 (ibudilast) and interferon-beta for the treatment of progressive multiple sclerosis (progressive MS).

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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-Oncology

LA JOLLA, Calif., Nov. 19, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that MediciNova's collaborator, Justin Lathia PhD, Co-Director of the Brain Tumor Research and Therapeutic Development Center of Excellence at Cleveland Clinic Lerner Research Institute, and Professor, Department of Molecular Medicine at Cleveland Clinic Lerner College of Medicine of Case Western Reserve University, and Patrick Wen, Director at the Center for Neuro-Oncology at Dana-Farber Cancer Institute, Professor of Neurology, Harvard Medical School, presented new data and results of a Phase 2 clinical trial of MN-166 (ibudilast) in glioblastoma (GBM) patients at the 28th Annual Meeting of the Society for Neuro-Oncology (SNO) held November 15 - 19, 2023 in Vancouver, Canada. The presentation also included data from preclinical studies which evaluated the combination of MN-166 (ibudilast) and anti-PD1 or anti-PD-L1 therapy in GBM models.

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MediciNova's Collaborator Initiates Clinical Development of a Gene Therapy Product for the Treatment of Phenylketonuria

LA JOLLA, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that its collaborator Genzyme Corporation, a subsidiary of Sanofi, has treated the first patient in a clinical trial of SAR444836 for the treatment of phenylketonuria (PKU). SAR444836 is a phenylalanine hydroxylase (PAH) replacement gene therapy product based on adeno-associated virus (AAV) vector technology which is covered under MediciNova's assignment agreement with Genzyme Corporation.

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MediciNova Receives a Notice of Allowance for a New Patent Covering the Combination of MN-166 (ibudilast) and Riluzole for the Treatment of Amyotrophic Lateral Sclerosis (ALS) in Canada

LA JOLLA, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the Canadian Intellectual Property Office for a pending patent application which covers the combination of MN-166 (ibudilast) and riluzole for the treatment of amyotrophic lateral sclerosis (ALS).

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MediciNova Receives Gene Therapy Milestone Payment

LA JOLLA, Calif., Oct. 04, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a milestone payment under MediciNova's assignment agreement with Genzyme Corporation, a subsidiary of Sanofi. The milestone payment of $1 million is the result of the successful achievement of a clinical development milestone for a gene therapy product based on AAV (adeno-associated virus) vector technology that is covered under the assignment agreement.

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MediciNova Announces Results of Studies under BARDA Contract to Develop MN 166 (ibudilast) as a Medical Countermeasure Against Chlorine Gas-induced Lung Injury

LA JOLLA, Calif., Sept. 27, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced the results of the nonclinical studies conducted under its contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) in the U.S. Department of Health and Human Services, to repurpose MN-166 (ibudilast) as a potential medical countermeasure (MCM) against chlorine gas-induced lung damage such as acute respiratory distress syndrome (ARDS) and acute lung injury (ALI). Two different nonclinical models were used to investigate the potential clinical utility of MN-166 (ibudilast) for the treatment of chlorine-induced lung damage.

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MediciNova Announces Abstract Regarding MN-166 (ibudilast) in Glioblastoma Accepted for Presentation at the Annual Meeting of the Society for Neuro-Oncology

LA JOLLA, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that an abstract regarding tumor tissue analysis data from a clinical trial of MN-166 (ibudilast) in glioblastoma has been selected for poster presentation at the 28th Annual Meeting of the Society for Neuro-Oncology (SNO) to be held November 15 - 19, 2023 in Vancouver, British Columbia, Canada. The poster will be presented by MediciNova's collaborator, Dr. Justin Lathia, Vice Chair in the Department of Cardiovascular and Metabolic Sciences and Co-Director of the Brain Tumor Research and Therapeutic Development Center of Excellence at the Lerner Research Institute at Cleveland Clinic; Professor, Department of Molecular Medicine at Case Western Reserve University School of Medicine; and Co-Leader, Molecular Oncology Program, Case Comprehensive Cancer Center.

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