MindMed

MindMed

A psychedelic medicine biotech company that discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. Learn more

Launch date
Employees
Market cap
€477m
Enterprise valuation
€279m (Public information from Sep 2024)
New York City New York (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
EBITDA(33.0m)(93.7m)(74.4m)(84.2m)
Profit(33.9m)(93.0m)(56.8m)(95.7m)
R&D budget18.6m34.8m36.2m52.1m
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DateInvestorsAmountRound
N/A

N/A

Series A
N/A

$6.2m

Late VC
*
N/A

N/A

IPO
*

$24.2m

Post IPO Equity
N/A

$10.0m

Post IPO Equity

$25.0m

Post IPO Equity
*
N/A

N/A

IPO
*

$50.0m

Post IPO Debt
*

$175m

Private Placement VC
*
N/A

$75.0m

Post IPO Equity
Total Funding€165m

Recent News about MindMed

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More about MindMedinfo icon
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MindMed is a clinical stage biopharmaceutical company focused on developing novel product candidates to treat brain health disorders. The company aims to be a global leader in the development and delivery of treatments that unlock new opportunities to improve patient outcomes. MindMed operates in the biopharmaceutical market, targeting neurotransmitter pathways that play key roles in brain health disorders. The company's pipeline includes innovative drug candidates, both with and without acute perceptual effects, and digital therapeutics. MindMed serves patients suffering from various brain health disorders, leveraging its industry-leading drug development expertise to harness the therapeutic potential of psychedelics and other novel therapeutic targets. The business model revolves around advancing these drug candidates through clinical trials and eventually bringing them to market, generating revenue through the sale of these therapeutic solutions. The company is headquartered in New York, United States, and is committed to addressing the major unmet medical needs in brain health.

Keywords: biopharmaceutical, brain health, novel drugs, digital therapeutics, clinical stage, neurotransmitter pathways, psychedelics, patient outcomes, drug development, innovative solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by MindMed

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HealthMode
ACQUISITION by MindMed Feb 2021