• $864.1M
    Market Cap
  • 179.61%
    1-Year Change
  • Biotechnology
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 86
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Bright Minds Biosciences to Present at Jefferies Global Healthcare Conference

Bright Minds Biosciences announced it will present at the Jefferies Global Healthcare Conference on June 3, 2026. The company also granted 109,000 stock options to directors, officers, and consultants at an exercise price of US$83.40 per share, vesting over four years.

05/26/2026, 7:18 PMGlobeNewswire

Why a $5 Million New Position Signals Confidence in This Epilepsy Drug Pipeline

B Group, Inc. initiated a new position in Bright Minds Biosciences by purchasing 67,500 shares worth approximately $5.43 million in Q1 2026. The investment signals confidence in the company's epilepsy drug pipeline, particularly BMB-101. Bright Minds is a pre-clinical biotech firm with a well-funded balance sheet (C$309.7 million in cash) and no commercial revenue, representing a high-risk, high-reward opportunity for long-term investors.

05/21/2026, 5:31 PMThe Motley Fool

Bright Minds Biosciences Announces Closing of US$175 Million Public Offering

Bright Minds Biosciences (NASDAQ: DRUG) successfully closed a public offering of 1.945 million common shares at US$90 per share, raising US$175.05 million in gross proceeds. The company plans to use the net proceeds to fund clinical trials for drug candidates targeting absence seizures, DEE, Prader-Willi Syndrome, and BMB-105, along with R&D and general corporate purposes.

01/09/2026, 11:56 AMBenzinga

Bright Minds Biosciences Announces Pricing of Upsized US$175 Million Public Offering of Common Stock

Bright Minds Biosciences priced an upsized public offering of 1,945,000 common shares at $90 per share for gross proceeds of $175.05 million. The company plans to use net proceeds to fund clinical trials for drug candidates targeting absence seizures, DEE, and Prader-Willi Syndrome, as well as phase 1 trials for BMB-105. The offering is expected to close on January 9, 2026.

01/07/2026, 9:33 PMGlobeNewswire

Why Bright Minds Biosciences Stock Topped the Market on Monday

Bright Minds Biosciences strengthened its scientific advisory board with four experts in Prader-Willi Syndrome, launching a new investigational drug program targeting the rare genetic disorder. The company will evaluate existing and new treatment candidates, with initial Phase 1 studies focusing on safety and tolerability.

11/17/2025, 5:29 PMThe Motley Fool

Bright Minds Biosciences to Present at Upcoming Conferences

Bright Minds Biosciences will present at the Guggenheim Healthcare Innovation Conference and Jefferies Global Healthcare Conference in November 2025, and has granted stock options to directors, officers, and consultants.

10/30/2025, 6:30 PMGlobeNewswire

Peers

Statistics

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Day Range
$74.95
$80.89
$76.78
1-Year Range
$23.27
$95.99
$76.78
Latest Close$76.78
Change
-$4.24 (-5.52%)
Volume509,085
Market Cap$864.1M
Shares Outstanding9.8M
P/E (TTM)-49.48
Diluted EPS (TTM)-$1.78
Enterprise Value$781.2M

Information as of 06/02/2026

Company Profile

BRIGHT MINDS BIOSCIENCES INC
https://brightmindsbio.com
$864.1M
Market Cap
-$12.2M
Net Income
Sector: Healthcare
Industry: Biotechnology
19 Vestry Street, New York, NY, United States, 10013
647 865 8622

Bright Minds Biosciences Inc., a biotechnology company, develops therapeutics to improve the lives of patients with severe and life-altering diseases in the United States. Its portfolio includes 5-HT2 Receptors, which are serotonin agonists for epilepsy and neuropsychiatric disorders; and BMB-101, which has completed phase 1 trial for undisclosed seizure disorder and is in phase 2 clinical trials for the developmental and epileptic encephalopathies and absence epilepsies. The company also develops BMB-201 and BMB-202 for the treatment of neuropsychiatric and neurology indications; and BMB-105, a 5-HT2C agonist to treat Prader Willi Syndrome. Bright Minds Biosciences Inc. has a collaboration with Firefly Neuroscience, Inc. to provide an analysis of the electroencephalogram (EEG) data in the Company's BREAKTHROUGH study. The company was founded in 2017 and is headquartered in New York, New York.

Key Executives

  • Jan Torleif Pedersen
  • Stephen D. Collins
  • Ryan E. S. K. Cheung
  • Emer Leahy
  • Alex Vasilkevich

Current Ownership Distribution

  • Institutions39.2M (94.18%)
  • Mutual Funds1.5M (3.53%)
  • Insiders950,000 (2.28%)
  • Other0 (0.00%)