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MNOV — Medicinova Inc

MNOV (Medicinova Inc) stock: $1.46, $71.9M market cap, $25.4M cash, $46.5M EV, $84.0M fully diluted market cap. Next expected readout: Dec-26. Lead program: MN-166 (Amyotrophic Lateral Sclerosis), Phase 3. Data from Fully Diluted's biotech stocks database.

What they do

We are a biopharmaceutical company focused on developing novel therapeutics for the treatment of serious diseases with unmet medical needs and a commercial focus on the United States (U.S.) market.

Source: 10-K FY2025 via SEC EDGAR

Share price
$1.46
Market cap
$71.9M
Cash
$25.4M
Enterprise value
$46.5M

Balance sheet

Cash$25.4M
Debt$0.0M
Net cash$25.4M
Enterprise value$46.5M
Basic shares49.2M shares
Fully diluted shares57.5M shares
Fully diluted market cap$84.0M
Cash per share$0.52
Quarterly burn$1.9M
Cash runway13.2 quarters

Cash figures as of 2026-06-30. Database snapshot: 2026-11-07.

Share structure

Common
49.2M
Pre-funded warrants
0.0M
Options
8.3M
RSUs
0.0M
Warrants
0.0M
Converts
0.0M
Conv preferred
0.0M
ESPP reserve
—
FDSO
57.5M

Cap table as of 2026-06-30.

Price history

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Next catalyst

MN-166 (ibudilast) · Dec 1-31 · guided in 24d

Recently reported

MN-001 Phase 2 Mixed · 2026-09-28
MN-001-NATG-202 · diabetes mellitus, type 2, hypertriglyceridemia, non-alcoholic fatty liver disease
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