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BRIGHT MINDS BIOSCIENCES INC. (DRUG)

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.

Sector: Pharmaceutical Preparations

Industry: Biotechnology

Bright Minds Biosciences Inc. logo

Bright Minds Biosciences Inc.

NASDAQ:DRUGHealthcare
-0.40%$52.48
AH Close$52.40-0.15%vs close
Mkt Cap$517.67M
Float6.2M
O/S9.86M
Inst Own94.4%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$517.67M
Enterprise Value--
P/E Ratio-45.39
Est. Net Cash/Share--
Institutional Ownership94.40%

based on 9.86M shares outstanding

SectorHealthcare
IndustryBiotechnology
ExchangeNASDAQ
CountryCACA
IPO DateMar 22, 2021
Shares Outstanding9.86M
Float6.20M
Company Overview

Bright Minds Biosciences Inc., a pre-clinical biosciences company, develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases.

Its portfolio of selective 5-HT receptor agonists comprises 5-HT2C, 5-HT2A, and 5-HT2C/A for the treatment of epilepsy, pain, and neuropsychiatry.

The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders, such as binge eating; and Medical College of Wisconsin.

The company was incorporated in 2019 and is headquartered in Vancouver, Canada.

Leadership

Garry Wong

Chief Financial Officer

Maggie Deng

Chief Operating Officer

Yanlin Han

Chairman and Chief Executive Officer

Zhanguo Weng

Vice President, China Operations

Employees

26

Country

CA

Sector

Healthcare

Website

brightmindsbio.com

Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
No price targets available
Ratings Distribution
BUY
4
HOLD
0
SELL
0
TOTAL4
Insider Trading
InsiderTypeShares
Cormorant Asset Management, LP profile photoCormorant Asset Management, LPSale109.3K
Cormorant Asset Management, LP profile photoCormorant Asset Management, LPPurchase184.3K
Cormorant Asset Management, LP profile photoCormorant Asset Management, LPPurchase39.7K
Cormorant Asset Management, LP profile photoCormorant Asset Management, LPPurchase7.2K
Cormorant Asset Management, LP profile photoCormorant Asset Management, LPPurchase3.1K
Cormorant Asset Management, LP profile photoCormorant Asset Management, LPPurchase2.7K
Shareholders
94.4%
Institutional
(104)
0.0%
Insiderⓘ
(0)
27.2%
5%+ Owners
(2)
-
Unattributed (incl. retail)ⓘ
Institutional94.4%
5%+ Beneficial27.2%
Top Shareholders
NameShares%
Ian McDonald logo
Ian McDonald
· may incl. warrants· filed Jul 2026
1.4M14.2%
Jupiter Topco LLC logo
Jupiter Topco LLC
1.3M13.7%
JANUS HENDERSON GROUP PLC logo
JANUS HENDERSON GROUP PLC
· may incl. warrants· filed May 2026
1.3M13.0%
Cormorant Asset Management, LP logo
Cormorant Asset Management, LP
· also on 13F· joint filing· may incl. warrants· filed Apr 2026
950.0K9.6%
Cormorant Asset Management, LP logo
Cormorant Asset Management, LP
900.0K9.1%
BlackRock, Inc. logo
BlackRock, Inc.
686.2K7.0%
Vivo Capital, LLC logo
Vivo Capital, LLC
557.2K5.6%
Vestal Point Capital, LP logo
Vestal Point Capital, LP
545.0K5.5%
Vivo Opportunity Fund Holdings, L.P. logo
Vivo Opportunity Fund Holdings, L.P.
· also on 13F· joint filing· may incl. warrants· filed May 2026
504.6K5.1%
BRAIDWELL LP logo
BRAIDWELL LP
483.8K4.9%
Sources: 13F, Form 4, 13D/13GO/S: 9.9M · checked 25 Oct 2026 · market-data provider
Insiders & Institutional Holders
52-Week Range
$47.23$123.75
$52.48(7th percentile)
Volume
Average Daily Volume152.75K
59.19K today vs 152.75K avg(-61%)

30d Avg

152.75K

60d Avg

120.84K

90d Avg

137.42K

Earnings
Dividend History
No dividend history available
Compliance Status
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