other material
confidence high
sentiment neutral
materiality 0.55
Anebulo awarded up to $1.9M NIDA grant for IV selonabant development
Anebulo Pharmaceuticals, Inc.
- Grant from NIDA/NIH up to ~$1.9M over two years for IV selonabant as emergency treatment for acute cannabis-induced toxicities.
- Initial tranche $0.9M awarded; second tranche ~$1M subject to milestone achievements.
- Program targets pediatric cannabis-induced CNS depression, a serious unmet medical need.
- CEO notes grant validates progress and supports IV formulation clinical testing.