InMed Pharmaceuticals to Merge with Mentari Therapeutics in $290M Financing Deal

InMed Pharmaceuticals (NASDAQ:INM) is merging with private biotech company Mentari Therapeutics, backed by a $290 million financing round. The merger shifts InMed's focus toward migraine prevention therapies and will fund operations through key clinical milestones until at least 2028.

By Fiona Craig Tue, May 19, 2026 at 5:37 PM GMT+3 3 min read · Yahoo Finance ·

InMed Pharmaceuticals to Merge with Mentari Therapeutics in $290M Financing Deal

Tickers: $INM

Topics: biotech migraine_therapeutics private_placement

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