MediciNova Inc

NASDAQ MNOV

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MediciNova Inc Gross Working Capital 3 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -79.59%

MediciNova Inc Gross Working Capital 3 year CAGR is -79.59% for the Trailing 12 Months (TTM) ending March 31, 2024, a -16.17% change year over year. Gross working capital is a financial metric that represents the amount of a company's current assets available to cover its current liabilities and short-term debt obligations. It is calculated by subtracting the sum of current liabilities and short-term debt from the total current assets of a company. Gross working capital provides insights into a company's short-term liquidity and its ability to meet its financial obligations in the near future. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

MediciNova Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 219.21 M, a -88.91% change year over year.
MediciNova Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 1.98 B, a -62.77% change year over year.
MediciNova Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 5.31 B, a -24.36% change year over year.
MediciNova Inc Gross Working Capital for the Trailing 12 Months (TTM) ending March 31, 2020 was USD 7.02 B, a -0.04% change year over year.

NASDAQ: MNOV

MediciNova Inc

CEO	Dr. Yuichi Iwaki M.D., Ph.D.
IPO Date	Feb. 8, 2005
Location	United States
Headquarters	4275 Executive Square, La Jolla, CA, United States, 92037
Employees	13
Sector	Healthcare
Industry	Biotechnology

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. It is developing MN-166 (ibudilast), an oral anti-inflammatory and neuroprotective agent for treating neurological and other 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, as well as prevention of acute respiratory distress syndrome, and long COVID. The company's 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 and other diseases, including nonalcoholic fatty liver disease and idiopathic pulmonary fibrosis; and MN-029 (denibulin), a tubulin binding agent for treating solid tumor cancers. It has license agreements with Kyorin Pharmaceutical Co., Ltd; Angiogene Pharmaceuticals, Ltd.; and Meiji Seika Kaisha, Ltd. The company was incorporated in 2000 and is headquartered in La Jolla, California.

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