MediciNova Inc

NASDAQ MNOV

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MediciNova Inc Net Current Asset Value 2 year CAGR for the quarter ending March 31, 2024: -16.99%

MediciNova Inc Net Current Asset Value 2 year CAGR is -16.99% for the quarter ending March 31, 2024, a 4.11% change year over year. Net current asset value is a financial metric that represents the excess of a company's current assets over its total liabilities. It is calculated by subtracting the total liabilities from the total current assets of a company. Net current asset value provides insights into the value that would be available to shareholders if the company were to liquidate its current assets and pay off its liabilities. This metric is used to assess the company's liquidity position and the potential value for shareholders in a liquidation scenario. 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 Net Current Asset Value for the quarter ending March 31, 2023 was 52,627,805.00, a -19.06% change year over year.
  • MediciNova Inc Net Current Asset Value for the quarter ending March 31, 2022 was 65,020,251.00, a -16.36% change year over year.
  • MediciNova Inc Net Current Asset Value for the quarter ending March 31, 2021 was 77,738,852.00, a 33.23% change year over year.
  • MediciNova Inc Net Current Asset Value for the quarter ending March 31, 2020 was 58,347,591.00, a -3.16% 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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StockViz Staff

September 20, 2024

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