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MIRA Pharmaceuticals Announces Approval and Initiation of Phase 1 Clinical Trial for Ketamir-2 in Neuropathic Pain

1. MIRA announced Phase 1 trial approval for Ketamir-2 focused on neuropathic pain. 2. Recruitment for clinical trial slated to start Q1 2025 in Israel.

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Why Bullish?

Successful clinical trials often lead to stock appreciation; historical examples include other biotech firms whose initial trials significantly boosted their stock prices post-approval.

How important is it?

The initiation of clinical trials is pivotal for biotech firms, potentially attracting investments and boosting market confidence in MIRA.

Why Short Term?

The announcement and commencement of trials can lead to immediate investor interest, similar to previous biotech milestones.

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MIAMI, FL / ACCESS Newswire / March 4, 2025 / MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA), a preclinical-stage pharmaceutical company focused on developing therapies for neurological and neuropsychiatric disorders, today announced the approval and upcoming initiation of its Phase 1 clinical trial for Ketamir-2, the Company's novel oral ketamine analog in development for neuropathic pain, with subject recruitment scheduled to begin in Q1 2025. The study has received authorization from the Israeli Ministry of Health and the Institutional Review Board (IRB) and will be conducted at the Clinical Pharmacology Unit, Hadassah Medical Center in Jerusalem, Israel.

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