---
title: "MIRA Pharmaceuticals Reports Positive Phase 1 Ketamir-2 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286319406.md"
description: "MIRA Pharmaceuticals, Inc. reported positive Phase 1 results for Ketamir-2, an oral NMDA receptor modulator, in a study involving 57 healthy volunteers. The trial showed no serious adverse events and mild side effects, with a higher incidence of adverse events in the placebo group. The company plans to submit for Phase 2a FDA evaluation for chemotherapy-induced peripheral neuropathy. Analysts rate MIRA stock as a Buy with an $8.00 price target. MIRA focuses on developing novel therapeutics for pain management, with a current market cap of $42.86M."
datetime: "2026-05-13T21:14:25.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286319406.md)
  - [en](https://longbridge.com/en/news/286319406.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286319406.md)
---

# MIRA Pharmaceuticals Reports Positive Phase 1 Ketamir-2 Results

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

MIRA Pharmaceuticals, Inc. ( (MIRA) ) has issued an update.

MIRA Pharmaceuticals, Inc. reported positive unblinded results from a completed Phase 1 clinical trial of Ketamir-2, its oral NMDA receptor modulator, in 57 healthy volunteers across single and multiple ascending dose cohorts. The randomized, double-blind, placebo-controlled study found no serious adverse events or dose-limiting toxicities, predominantly mild side effects, and a higher incidence of adverse events in the placebo group than in Ketamir-2 recipients.

Pharmacokinetic data showed rapid oral absorption, dose-proportional exposure, and half-lives for Ketamir-2 and its active metabolite nor-Ketamir-2 consistent with potential once-daily dosing, with no major differences between first and fifth day administration. The company is preparing a Phase 2a submission to the U.S. Food and Drug Administration to evaluate Ketamir-2 in chemotherapy-induced peripheral neuropathy, supported by preclinical models where it outperformed ketamine and standard neuropathic pain drugs, and by a U.S. Drug Enforcement Administration determination that it is not a controlled substance.

The most recent analyst rating on (MIRA) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on MIRA Pharmaceuticals, Inc. stock, see the MIRA Stock Forecast page.

**More about MIRA Pharmaceuticals, Inc.**

MIRA Pharmaceuticals, Inc. operates in the biopharmaceutical industry, focusing on the development of novel, proprietary small-molecule therapeutics. Its pipeline includes Ketamir-2, a selective oral NMDA receptor modulator being advanced for neuropathic pain conditions, including chemotherapy-induced peripheral neuropathy, targeting significant unmet medical needs in pain management.

**Average Trading Volume:** 153,554

**Technical Sentiment Signal:** Hold

**Current Market Cap:** $42.86M

### Related Stocks

- [MIRA.US](https://longbridge.com/en/quote/MIRA.US.md)
- [IHE.US](https://longbridge.com/en/quote/IHE.US.md)
- [IBB.US](https://longbridge.com/en/quote/IBB.US.md)
- [BBH.US](https://longbridge.com/en/quote/BBH.US.md)
- [LABU.US](https://longbridge.com/en/quote/LABU.US.md)
- [IXJ.US](https://longbridge.com/en/quote/IXJ.US.md)
- [PBE.US](https://longbridge.com/en/quote/PBE.US.md)
- [FBT.US](https://longbridge.com/en/quote/FBT.US.md)
- [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md)
- [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md)
- [VHT.US](https://longbridge.com/en/quote/VHT.US.md)
- [XBI.US](https://longbridge.com/en/quote/XBI.US.md)
- [BIB.US](https://longbridge.com/en/quote/BIB.US.md)
- [XLV.US](https://longbridge.com/en/quote/XLV.US.md)

## Related News & Research

- [Relay drug shows early promise against rare blood vessel diseases](https://longbridge.com/en/news/287094432.md)
- [Dogwood Therapeutics Announces Commencement of Halneuron® Chemotherapy Induced Neuropathic Pain Phase 2b Long Term Extension Study | DWTX Stock News](https://longbridge.com/en/news/286772955.md)
- [Eton Pharmaceuticals Adds Another 2026 Launch As It Secures U.S. Rights To IMPAVIDO](https://longbridge.com/en/news/287025596.md)
- [NeOnc Advances Glioma Programs and Strengthens Financial Position](https://longbridge.com/en/news/286826865.md)
- [Relay's treatment shown to shrink vascular malformations in mid-stage trial](https://longbridge.com/en/news/286890329.md)