Mission Statement, Vision, & Core Values (2024) of InMed Pharmaceuticals Inc. (INM)

Mission Statement, Vision, & Core Values (2024) of InMed Pharmaceuticals Inc. (INM)

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An Overview of InMed Pharmaceuticals Inc. (INM)

General Summary of InMed Pharmaceuticals Inc. (INM)

InMed Pharmaceuticals Inc. is a clinical-stage pharmaceutical company focused on developing cannabinoid-based therapies. The company specializes in rare and orphan diseases with a primary focus on eye diseases and pain management.

Company Detail Information
Founded 2009
Headquarters Vancouver, British Columbia, Canada
Stock Exchange Listing NASDAQ (INM)

Key Product Pipeline

  • INM-755 for Epidermolysis Bullosa
  • INM-088 for Glaucoma
  • INM-405 for Pain Management

Financial Performance (Latest Reporting Period)

Financial Metric Amount (USD)
Total Revenue $1.2 million
Research & Development Expenses $8.3 million
Net Loss $12.5 million
Cash and Cash Equivalents $15.6 million

Industry Leadership Highlights

Key Competitive Advantages:

  • Proprietary cannabinoid biosynthesis technology
  • Advanced clinical-stage drug development
  • Focus on rare disease therapeutics

InMed Pharmaceuticals continues to position itself as an innovative pharmaceutical company with a unique approach to cannabinoid-based therapeutic development.




Mission Statement of InMed Pharmaceuticals Inc. (INM)

Mission Statement of InMed Pharmaceuticals Inc. (INM)

InMed Pharmaceuticals Inc. mission statement focuses on leveraging cannabinoid-based pharmaceutical development and manufacturing capabilities.

Core Mission Components

Research Focus Cannabinoid-based therapeutic solutions
Primary Therapeutic Areas Dermatology, ophthalmology, pain management
R&D Investment $3.2 million in 2023

Strategic Objectives

  • Develop innovative cannabinoid pharmaceutical products
  • Advance proprietary biosynthesis platform
  • Minimize production costs through genetic engineering

Product Development Pipeline

Lead Product INM-755 Epidermolysis Bullosa treatment
Clinical Stage Phase 2 clinical trials
Estimated Development Cost $7.5 million

Technology Platform

Biosynthesis Technology Capabilities:

  • Genetic engineering of cannabinoid production
  • Proprietary microbial manufacturing process
  • Cost-effective cannabinoid synthesis

Financial Performance Metrics

Annual Research Budget $5.6 million
Patent Portfolio 17 issued patents
Intellectual Property Investment $2.1 million in 2023



Vision Statement of InMed Pharmaceuticals Inc. (INM)

Vision Statement of InMed Pharmaceuticals Inc. (INM)

Strategic Focus on Cannabinoid-Based Therapeutics

InMed Pharmaceuticals Inc. aims to develop innovative cannabinoid-based pharmaceutical products targeting specific medical conditions.

Key Vision Components Specific Focus Areas
Therapeutic Development Rare and orphan diseases
Research Platform Proprietary biosynthesis technology
Clinical Stage INM-755 for Epidermolysis Bullosa
Research and Development Strategy

InMed's vision encompasses advanced cannabinoid research utilizing proprietary biosynthesis platform.

  • Targeted therapeutic development
  • Precision medicine approach
  • Innovative drug discovery methodology
Clinical Pipeline Objectives
Program Indication Current Stage
INM-755 Epidermolysis Bullosa Preclinical/Clinical Development
INM-088 Glaucoma Preclinical Research
Technological Innovation Focus

Leveraging proprietary biosynthesis platform for cannabinoid production and pharmaceutical development.

  • Advanced genetic engineering techniques
  • Scalable manufacturing processes
  • Consistent cannabinoid molecular structures



Core Values of InMed Pharmaceuticals Inc. (INM)

Core Values of InMed Pharmaceuticals Inc. (INM) in 2024

Innovation and Scientific Excellence

InMed Pharmaceuticals demonstrates commitment to innovation through targeted research and development efforts.

R&D Investment 2024 Budget
Total R&D Expenditure $3.2 million
Cannabinoid Research Allocation $1.8 million
Key Innovation Initiatives
  • Proprietary biosynthesis platform development
  • Advanced cannabinoid pharmaceutical research
  • Patent portfolio expansion in pharmaceutical technologies
Commitment to Patient-Centric Solutions

InMed focuses on developing targeted therapeutic treatments for unmet medical needs.

Therapeutic Area Current Research Focus
Epidermolysis Bullosa INM-755 clinical development
Glaucoma INM-085 preclinical research
Ethical and Transparent Operations

Maintaining high standards of corporate governance and compliance.

  • Strict adherence to FDA regulatory guidelines
  • Comprehensive compliance management system
  • Regular external audit processes
Sustainability and Environmental Responsibility
Sustainability Metric 2024 Target
Carbon Footprint Reduction 15% reduction compared to 2023
Green Laboratory Practices 100% waste recycling implementation
Collaborative Research Approach

Strategic partnerships and collaborative research initiatives.

  • Academic research collaborations
  • Industry partnerships
  • International research network engagement

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