INM INMED PHARMACEUTICALS INC.

InMed Announces Results of 2022 Annual General Meeting

InMed Announces Results of 2022 Annual General Meeting

VANCOUVER, British Columbia, Dec. 15, 2022 (GLOBE NEWSWIRE) -- InMed Pharmaceuticals Inc. (“InMed” or the “Company”) (Nasdaq: INM), a leader in the pharmaceutical research, development and manufacturing of rare cannabinoids and cannabinoid analogs, today confirmed that, at its annual general meeting of shareholders held on December 15, 2022 (the “Meeting”), all of the matters put forward before shareholders for consideration and approval as set out in InMed’s notice of meeting and management information circular, dated October 28, 2022, were approved by the shareholders. In particular, shareholders approved the election of all director nominees to hold office until the next annual meeting of shareholders or until their successors are elected or appointed. Results of the vote for the election of directors at the Meeting are set out as follows:

Director

Votes For Withheld Votes
NumberPercentage NumberPercentage
Eric A. Adams159,22394.90% 8,5595.10%
Andrew Hull158,28294.34% 9,5005.66%
Janet Grove162,24696.70% 5,5363.30%
Bryan Baldasare160,76495.82% 7,0184.18%
Nicole Lemerond162,17496.66% 5,6083.34%

InMed filed a report of voting results on SEDAR at on December 15, 2022.

About InMed:

InMed Pharmaceuticals is a global leader in the research, development and manufacturing of rare cannabinoids, including clinical and preclinical programs targeting the treatment of diseases with high unmet medical needs. We also have significant know-how in developing proprietary manufacturing approaches to produce cannabinoids for various market sectors. For more information, visit .

Investor Contact:

Colin Clancy

Vice President, Investor Relations

T: +1.604.416.0999

E:

Cautionary Note Regarding Forward-Looking Information:

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is based on management's current expectations and beliefs and is subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking information in this news release includes statements about: being a global leader in the manufacturing and development of rare cannabinoids and delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs.

All forward-looking information herein is qualified in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.



EN
15/12/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on INMED PHARMACEUTICALS INC.

Robert Sassoon
  • Robert Sassoon

Water Tower Hour Recap: BayMedica's Jerry Griffin on Why Rare Cannabin...

BayMedica’s VP, Sales & Marketing, Jerry. P. Griffin joined us on The Water Tower Hour. Those interested can listen to the podcast on Apple Podcasts, Google Podcasts, Spotify, or our website. BayMedica is the commercial business arm of rare cannabinoids-based drug developer InMed Pharmaceuticals. BayMedica sells high purity and consistent rare cannabinoid ingredients to the health and wellness sector. Its business has quickly increased its annual revenue to more than $5 million. Explaining rare ...

Robert Sassoon
  • Robert Sassoon

Revenues Flowing, Drug Development Pipeline Advancing

2QFY24 Review BayMedica reports another strong quarter. The commercial business operating arm of InMed reported revenue of $1.24 million for the quarter ended December 30, 2023, representing a 164% Y/Y increase and 38% Q/Q growth. Revenue for the quarter exceeded our estimate of $1.13 million. BayMedica has now recorded quarterly revenue of more than $1 million in three of the last four quarters. For the first six months of the current fiscal year ending June 30, 2024, revenue climbed 171% to $2...

Robert Sassoon
  • Robert Sassoon

Opportunity-Rich Pharmaceuticals Pipeline

Water Tower Research hosted InMed’s CEO and President Eric. A. Adams for a fireside chat on January 25, 2024. The discussion, hosted by Jesse Redmond, Managing Director at Water Tower Research, focused on InMed’s pharmaceutical pipeline in Alzheimer’s and age-related macular degeneration (AMD) and upcoming 2024 milestones in both its pharmaceutical drug development programs and in BayMedica’s health and wellness initiatives. This report contains a transcript of the conversation, which can be acc...

Robert Sassoon
  • Robert Sassoon

Strategic Priorities Laid Out for 2024

Building on a year of progress. Following a banner year for InMed in 2023, including significant advancement and expansion of its rare cannabinoids-focused pharmaceuticals development programs and a breakout year for BayMedica’s commercial operations, the company has laid out its strategic priorities for 2024. We will be hosting a fireside chat with CEO and President Eric A. Adams on January 25, 2024, at 1:00 pm ET. Registration link is available in our full report. Advancing a potentially novel...

Robert Sassoon
  • Robert Sassoon

Expands Ocular Disease Treatment Pipeline

Unveiling INM-089 targeting AMD. InMed is expanding its rare cannabinoid cannabinol (CBN)-based ocular disease treatment pipeline with INM-089, targeting age-related macular degeneration (AMD). INM-089, a CBN analog, is InMed’s second ocular pharmaceutical program, with the company currently engaged in pre-clinical studies of INM-088, investigating its effects in the treatment of glaucoma. InMed’s ocular programs target leading causes of severe eyesight loss and blindness. Glaucoma is the second...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch