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Healthcare - Biotechnology - NASDAQ - US
$ 1.83
0.274 %
$ 89.8 M
Market Cap
-11.44
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one MNOV stock under the base case scenario is HIDDEN Compared to the current market price of 1.83 USD, MediciNova, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MNOV

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FINANCIALS
1 M REVENUE
0.00%
-9.9 M OPERATING INCOME
32.32%
-8.57 M NET INCOME
39.08%
-7.43 M OPERATING CASH FLOW
42.45%
39.9 M INVESTING CASH FLOW
199.76%
0 FINANCING CASH FLOW
0.00%
0 REVENUE
0.00%
0 OPERATING INCOME
100.00%
-8.23 B NET INCOME
-313023.59%
-8.7 B OPERATING CASH FLOW
-309568.08%
-697 K INVESTING CASH FLOW
-78138.95%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition MediciNova, Inc.
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Current Assets 51.2 M
Cash & Short-Term Investments 51 M
Receivables 0
Other Current Assets 175 K
Non-Current Assets 15.1 M
Long-Term Investments 0
PP&E 621 K
Other Non-Current Assets 14.5 M
Current Liabilities 3.28 M
Accounts Payable 1 M
Short-Term Debt 216 K
Other Current Liabilities 2.06 M
Non-Current Liabilities 612 K
Long-Term Debt 0
Other Non-Current Liabilities 612 K
EFFICIENCY
Earnings Waterfall MediciNova, Inc.
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Revenue 1 M
Cost Of Revenue 20.3 K
Gross Profit 980 K
Operating Expenses 10.9 M
Operating Income -9.9 M
Other Expenses -1.33 M
Net Income -8.57 M
RATIOS
97.97% GROSS MARGIN
97.97%
-990.03% OPERATING MARGIN
-990.03%
-857.15% NET MARGIN
-857.15%
-13.74% ROE
-13.74%
-12.93% ROA
-12.93%
-15.88% ROIC
-15.88%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis MediciNova, Inc.
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Net Income -8.57 M
Depreciation & Amortization 20.3 K
Capital Expenditures -21.3 K
Stock-Based Compensation 711 K
Change in Working Capital 112 K
Others 390 K
Free Cash Flow -7.45 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets MediciNova, Inc.
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MNOV has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership MediciNova, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Nov 28, 2022
Sell 15.2 K USD
Nagao Hideki
Director
- 6754
2.25 USD
1 year ago
Nov 21, 2022
Sell 11.7 K USD
Nagao Hideki
Director
- 5365
2.18 USD
1 year ago
Nov 22, 2022
Sell 464 USD
Nagao Hideki
Director
- 218
2.13 USD
2 years ago
Nov 17, 2022
Sell 674 USD
Nagao Hideki
Director
- 309
2.18 USD
3 years ago
Mar 11, 2021
Sell 17.4 K USD
Nagao Hideki
Director
- 2354
7.4 USD
4 years ago
Sep 15, 2020
Sell 5.78 K USD
Nagao Hideki
Director
- 1000
5.78 USD
4 years ago
Mar 13, 2020
Bought 7.24 K USD
Matsuda Kazuko
Chief Medical Officer
+ 2000
3.62 USD
4 years ago
Mar 13, 2020
Bought 7.24 K USD
Matsuda Kazuko
Chief Medical Officer
+ 2000
3.62 USD
4 years ago
Mar 12, 2020
Bought 62 K USD
IWAKI YUICHI
President and CEO
+ 20000
3.1 USD
7 years ago
Aug 21, 2017
Bought 25.8 K USD
Ishizaka Yoshio
Director
+ 5000
5.17 USD
7 years ago
May 15, 2017
Bought 5.6 K USD
Kobayashi Yutaka
Director
+ 1000
5.6 USD
7 years ago
May 12, 2017
Bought 135 K USD
Kobayashi Yutaka
Director
+ 24000
5.62 USD
8 years ago
Sep 15, 2016
Bought 76 K USD
Kobayashi Yutaka
Director
+ 11800
6.44 USD
8 years ago
Sep 09, 2016
Bought 66.7 K USD
Kobayashi Yutaka
Director
+ 10000
6.67 USD
8 years ago
Jul 05, 2016
Sell 26.4 K USD
OBrien Geoffrey
Vice President
- 3300
8 USD
8 years ago
Jan 20, 2016
Bought 29.9 K USD
Okajima Masatsune
VP and Head of Japanese Office
+ 8400
3.56 USD
8 years ago
Jan 20, 2016
Sell 29.9 K USD
Matsuda Kazuko
Chief Medical Officer
- 8400
3.56 USD
9 years ago
Dec 10, 2014
Bought 42.5 K USD
Kobayashi Yutaka
Director
+ 12000
3.54 USD
9 years ago
Nov 26, 2014
Bought 30.7 K USD
Kobayashi Yutaka
Director
+ 10000
3.07 USD
9 years ago
Nov 20, 2014
Bought 41.5 K USD
Kobayashi Yutaka
Director
+ 13000
3.19 USD
10 years ago
Nov 19, 2014
Bought 14.3 K USD
Ishizaka Yoshio
Director
+ 5000
2.86 USD
10 years ago
Sep 11, 2014
Bought 29.5 K USD
Kobayashi Yutaka
Director
+ 10000
2.95 USD
10 years ago
Sep 03, 2014
Bought 26.4 K USD
Kobayashi Yutaka
Director
+ 9900
2.67 USD
10 years ago
Sep 03, 2014
Bought 266 USD
Kobayashi Yutaka
Director
+ 100
2.66 USD
10 years ago
Sep 03, 2014
Bought 13.2 K USD
Kobayashi Yutaka
Director
+ 5000
2.63 USD
10 years ago
Dec 12, 2013
Sell 148 K USD
Izumi Tatsuo
Director
- 70300
2.103 USD
10 years ago
Dec 12, 2013
Sell 2.1 K USD
Izumi Tatsuo
Director
- 970
2.17 USD
11 years ago
Nov 18, 2013
Bought 2.14 K USD
Izumi Tatsuo
Director
+ 970
2.21 USD
11 years ago
Nov 18, 2013
Bought 669 USD
Izumi Tatsuo
Director
+ 300
2.229 USD
11 years ago
May 21, 2013
Sell 28.9 K USD
Morris Arlene
Director
- 8800
3.2815 USD
11 years ago
May 13, 2013
Bought 500 K USD
Izumi Tatsuo
Director
+ 158730
3.15 USD
11 years ago
May 13, 2013
Bought 375 K USD
Izumi Tatsuo
Director
+ 119047
3.15 USD
12 years ago
May 31, 2012
Bought 9.41 K USD
Izumi Tatsuo
Director
+ 5200
1.81 USD
12 years ago
May 29, 2012
Bought 13.1 K USD
Izumi Tatsuo
Director
+ 6600
1.98 USD
12 years ago
May 28, 2012
Bought 58.2 K USD
Izumi Tatsuo
Director
+ 30000
1.94 USD
12 years ago
May 29, 2012
Bought 8.9 K USD
O'Toole David D
Director
+ 5000
1.78 USD
13 years ago
Mar 29, 2011
Bought 5.1 K USD
Johnson Kirk William
Chief Scientific Officer
+ 1700
3 USD
13 years ago
Mar 29, 2011
Bought 6.05 K USD
Johnson Kirk William
Chief Scientific Officer
+ 1700
3.56 USD
13 years ago
Mar 29, 2011
Bought 6.6 K USD
Johnson Kirk William
Chief Scientific Officer
+ 2200
3 USD
13 years ago
Mar 29, 2011
Bought 7.83 K USD
Johnson Kirk William
Chief Scientific Officer
+ 2200
3.56 USD
13 years ago
Mar 29, 2011
Bought 12 K USD
COFFEE MICHAEL DENIS
CBO & Interim CFO
+ 4000
3 USD
13 years ago
Mar 29, 2011
Bought 14.2 K USD
COFFEE MICHAEL DENIS
CBO & Interim CFO
+ 4000
3.56 USD
13 years ago
Mar 29, 2011
Bought 150 K USD
IWAKI YUICHI
President and CEO
+ 50000
3 USD
13 years ago
Mar 29, 2011
Bought 178 K USD
IWAKI YUICHI
President and CEO
+ 50000
3.56 USD
15 years ago
Jul 28, 2009
Bought 86.6 K USD
Kalafer Michael E
Chief Medical Officer
+ 19586
4.42 USD
15 years ago
Jul 28, 2009
Bought 15.6 K USD
Kalafer Michael E
Chief Medical Officer
+ 3437
4.53 USD
15 years ago
Feb 02, 2009
Bought 4.05 K USD
IWAKI YUICHI
Chief Executive Officer
+ 1800
2.25 USD
15 years ago
Jan 27, 2009
Bought 2.63 K USD
IWAKI YUICHI
Chief Executive Officer
+ 1200
2.193 USD
15 years ago
Jan 26, 2009
Bought 3.55 K USD
IWAKI YUICHI
Chief Executive Officer
+ 1650
2.151 USD
15 years ago
Jan 23, 2009
Bought 4.73 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2200
2.149 USD
15 years ago
Jan 20, 2009
Bought 4.76 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2200
2.162 USD
15 years ago
Jan 16, 2009
Bought 1.87 K USD
IWAKI YUICHI
Chief Executive Officer
+ 1071
1.745 USD
15 years ago
Jan 15, 2009
Bought 3.08 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2000
1.54 USD
15 years ago
Jan 14, 2009
Bought 3 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2000
1.5 USD
15 years ago
Jan 13, 2009
Bought 3.47 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2000
1.734 USD
17 years ago
Oct 04, 2007
Bought 10.7 K USD
IWAKI YUICHI
Chief Executive Officer
+ 1300
8.21 USD
17 years ago
Oct 03, 2007
Bought 23.5 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2900
8.1 USD
17 years ago
Oct 02, 2007
Bought 23.5 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2900
8.11 USD
17 years ago
Oct 01, 2007
Bought 17.6 K USD
IWAKI YUICHI
Chief Executive Officer
+ 2170
8.09 USD
17 years ago
Oct 01, 2007
Bought 5.77 K USD
IWAKI YUICHI
Chief Executive Officer
+ 730
7.9 USD
7. News
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. globenewswire.com - 2 days ago
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. globenewswire.com - 5 days ago
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. globenewswire.com - 3 weeks ago
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. globenewswire.com - 1 month ago
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. globenewswire.com - 2 months ago
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. globenewswire.com - 2 months ago
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. globenewswire.com - 2 months ago
MediciNova Chief Business Officer David H. Crean, Ph.D. Company to rededicate efforts toward updating stakeholders on corporate vision, strategy, and ongoing activities globenewswire.com - 4 months ago
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. globenewswire.com - 5 months ago
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. globenewswire.com - 5 months ago
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. globenewswire.com - 5 months ago
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. globenewswire.com - 5 months ago
8. Profile Summary

MediciNova, Inc. MNOV

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COUNTRY US
INDUSTRY Biotechnology
MARKET CAP $ 89.8 M
Dividend Yield 0.00%
Description 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.
Contact 4275 Executive Square, La Jolla, CA, 92037 https://www.medicinova.com
IPO Date Dec. 8, 2006
Employees 13
Officers Dr. Kazuko Matsuda M.D., M.P.H., Ph.D. Chief Medical Officer & Director Dr. Yuichi Iwaki M.D., Ph.D. Co-Founder, President, Chief Executive Officer & Executive Director Mr. Jason J. Kruger CPA Chief Financial Officer & Principal Financial Officer Dr. David H. Crean M.B.A., Ph.D. Chief Business Officer Mr. John O'Neil CPA Controller