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DiaMedica shareholders re-elect all seven directors, approve auditor, exec compensation, and share increase
All seven incumbent directors re-elected; Daniel O'Connor received 5,130,879 votes withheld vs. ~200,000 for others.
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DiaMedica Q1 net loss $10M; cash $51.3M; ReMEDy2 >70% enrollment
Net loss $10.0M in Q1 2026 vs $7.7M in Q1 2025; R&D expenses up to $8.0M from $5.7M.
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DiaMedica reports FY2025 cash $59.9M; ReMEDy2 trial nearing 70% interim enrollment
Cash and investments $59.9M at Dec 31, 2025, up from $44.1M; runway through 2H 2027.
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DiaMedica raises $12.2M via block sale of 1.5M shares at $8.10 under ATM
Sold 1,501,000 common shares to a healthcare institution fund on Dec 19, 2025.
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DiaMedica provides DM199 preeclampsia update after FDA pre-IND meeting; additional rabbit study required
FDA requested one non-clinical 10-day rabbit EFD/PPND study; results expected by Q2 2026.
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DiaMedica Q3 net loss $8.6M; ReMEDy2 trial at 50% enrollment
Net loss $8.6M in Q3 2025, up from $6.3M a year ago; R&D expense $6.4M, up from $5.0M.
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DiaMedica Therapeutics Reports Q2 2025 Financial Results and Positive Phase 2 Interim Data for DM199 in Preeclampsia
Phase 2 Part 1a interim data (n=28) showed statistically significant reductions in blood pressure and uterine artery pulsatility index with no placental transfer of DM199.
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DiaMedica enters $100M ATM equity distribution agreement with TD Cowen
Up to $100M in common shares may be sold through TD Cowen as sales agent.
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DiaMedica CMO Lorianne Masuoka resigns; Julie Krop appointed as successor
Lorianne Masuoka resigned as CMO effective Aug 4, 2025 for personal reasons; separation agreement provides health benefits through Oct 2026.
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DiaMedica raises $30.1M via private placement of 8.6M shares at $3.50 to fund preeclampsia pipeline
Private placement of 8,606,426 common shares at $3.50 per share, raising $30.1M gross proceeds.
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DiaMedica reports positive Phase 2 preeclampsia data: BP reductions, no placental transfer
DM199 highest dose (Cohort 9, n=3): SBP -35 mmHg (p<0.05), DBP -15 mmHg (p<0.05) at 5 min post-infusion.
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DiaMedica shareholders elect all 7 director nominees, ratify auditor, approve say-on-pay
Michael Giuffre, Rick Kuntz, Tanya Lewis, Daniel O'Connor, James Parsons, Rick Pauls, Charles Semba elected with 96.3% or more of votes cast.
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DiaMedica reports Q1 net loss $7.7M; preeclampsia Phase 2 topline data expected June-July 2025
Net loss $7.7M ($0.18/sh) vs $5.2M ($0.14) in Q1 2024; R&D expense rose to $5.7M on trial expansion.
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DiaMedica FY2024 net loss $24.4M; cash $44.1M; preeclampsia data Q2 2025
Net loss $24.4M ($0.60/sh) vs $19.4M; R&D $19.1M, G&A $7.6M; no revenue.
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Director Richard Pilnik to retire from DiaMedica board at 2025 AGM
Richard Pilnik, director for over 15 years, will retire and not stand for re-election at the 2025 AGM, effective May 15, 2025.
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DiaMedica Therapeutics appoints Daniel J. O'Connor to Board of Directors
Daniel J. O'Connor appointed to Board effective Feb 20, 2025; joins Audit and Nominating & Corporate Governance Committees.
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DiaMedica updates AIS trial protocol, delays interim readout to Q4 2025; Q3 R&D spend rises
Expanded ReMEDy2 trial to include thrombolytic non-responders; interim analysis sample size increased to 200 from 144.
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DiaMedica updates on ReMEDy2 trial, starts preeclampsia study, extends cash to Q3 2026
ReMEDy2 AIS interim analysis enrollment (n=144) targeted for Q1 2025; 15 top U.S. centers prioritized.
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DiaMedica Expands DM199 into Preeclampsia with Phase 2 Trial Starting Q4 2024
Phase 2 open-label, single-arm, investigator-sponsored trial enrolling up to 120 preeclampsia/FGR patients; first subject Q4 2024, topline results H1 2025.
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DiaMedica raises $11.8M in private placement at $2.50/share; funds stroke and preeclampsia trials
Gross proceeds $11.8M from sale of 4.72M shares at $2.50/share; expected close June 28, 2024.
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DiaMedica shareholders approve 3M share increase to 2019 Omnibus Incentive Plan
Shareholders approved amendment to increase shares available under 2019 Omnibus Incentive Plan by 3,000,000 shares.
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DiaMedica dosed first patient in ReMEDy2 stroke trial; Q1 cash $46.5M
First participant enrolled in relaunched ReMEDy2 Phase 2/3 trial of DM199 for acute ischemic stroke.
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DiaMedica Therapeutics SVP Julie VanOrsdel Daves resigns; Rebekah de Vitry Fries assumes clinical operations leadership
Julie VanOrsdel Daves resigns as SVP, Clinical Development Operations effective April 18, 2024 for personal reasons.
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DiaMedica FY2023: $52.9M cash, ReMEDy2 interim enrollment Q1 2025, CMO hired
Cash and investments $52.9M at Dec 31, 2023, up from $33.5M; net cash used in ops $18.7M.
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DiaMedica amends ReMEDy2 stroke trial protocol; cash $56.2M with runway to 2026
FDA 30-day review of protocol amendments passed without comment; changes focus on moderate anterior circulation strokes (NIHSS 5-15).
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CMO Kirsten Gruis resigns; interim CMO Jordan Dubow appointed for stroke trial
CMO Kirsten Gruis resigned effective Aug 31, 2023; she will consult for 9 months at $33,500/month.
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DiaMedica Therapeutics Q2 2023: clinical hold lifted, $37.5M private placement, cash $60.7M
FDA fully lifted clinical hold on ReMEDy2 Phase 2/3 trial of DM199 for acute ischemic stroke on June 21, 2023.
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FDA lifts clinical hold on DiaMedica's DM199 phase 2/3 stroke trial; resumption planned
FDA removed clinical hold on ReMEDy2 trial studying DM199 for acute ischemic stroke.
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FDA lifts clinical hold on DiaMedica's DM199 acute ischemic stroke trial
FDA removed clinical hold on IND for DM199 phase 2/3 ReMEDy2 trial in acute ischemic stroke.
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DiaMedica raises $37.5M in private placement; FDA lifts clinical hold on ReMEDy2 stroke trial
Raised $37.5M gross via 11,011,406 common shares at $3.40 each; management paid $3.91/share.
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DiaMedica appoints former Medtronic CMO Richard Kuntz to Board of Directors
Dr. Kuntz appointed effective May 30, 2023; he recently retired as Medtronic's Chief Medical and Scientific Officer.
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DiaMedica files clinical hold response with FDA for ReMEDy2 trial of DM199 in AIS
Filed complete clinical hold response with FDA on May 19, 2023 to lift hold on Phase 2/3 ReMEDy2 trial of DM199 for acute ischemic stroke.
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DiaMedica Therapeutics shareholders approve articles amendments and elect directors at annual meeting
Shareholders approved amendment to articles enhancing director nomination procedures referencing universal proxy rules with 4,520,227 votes for.
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DiaMedica files clinical hold response; Q1 cash $28.7M; Phase 1C confirms DM199 dose safety
Company will file complete clinical hold response to FDA this week for ReMEDy2 AIS trial; in-use study supports dose revision to 0.5 µg/kg IV.
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DiaMedica reports FY2022 cash $33.5M, updates on ReMEDy2 clinical hold progress
Cash and investments of $33.5M at Dec 31, 2022 vs $45.1M at end of 2021; cash runway into Q4 2024.
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DiaMedica appoints Tanya N. Lewis to Board and Compensation Committee
Tanya N. Lewis appointed to DiaMedica Board effective March 1, 2023.
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DiaMedica confirms no cash or securities at Silicon Valley Bank
Discloses it holds zero cash deposits or securities at Silicon Valley Bank.
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DiaMedica appoints Tanya Lewis to board; Burroughs resigns
Amy L. Burroughs resigned as director effective March 1, 2023; no disagreement with company.
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FDA maintains clinical hold on DM199 stroke trial; company to conduct additional IV stability study
FDA requires additional in-use in vitro stability study of IV administration of DM199 to resolve clinical hold on ReMEDy2 trial.
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FDA maintains clinical hold on DiaMedica's ReMEDy2 stroke trial; cash $36.1M
FDA requires additional in-use IV stability study (tubing + pump) to lift clinical hold on Phase 2/3 ReMEDy2 trial.
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DiaMedica identifies cause of DM199 clinical hold; plans FDA resubmission in Sep
Clinical hold cause: DM199 protein bound to prior IV bag, reducing dose; new bag delivered higher dose, causing hypotension.
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FDA clinical hold on DiaMedica's ReMEDy2 trial for DM199 after 3 hypotension events
FDA placed clinical hold on Phase 2/3 ReMEDy2 trial of DM199 for acute ischemic stroke after 3 SAEs of transient hypotension.
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DiaMedica Therapeutics subsidiary enters office lease for new headquarters in Minnetonka, MN
Lease for approx 6,175 sq ft at 301 Carlson Parkway, Suite 210, Minnetonka, MN.
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SVP of Clinical Operations Harry Alcorn resigns from DiaMedica; separation agreement includes salary continuation
Harry Alcorn, Jr., Pharm.D., SVP of Clinical Operations, resigned effective May 23, 2022.
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DiaMedica shareholders approve 2M share increase in 2019 omnibus incentive plan and new director compensation cap
Shareholders approved amendment to 2019 Omnibus Incentive Plan, increasing authorized shares by 2,000,000.
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DiaMedica reports Q1 2022 cash burn of $3.9M; ReMEDy2 stroke trial sites more than double
Cash & investments $41M at March 31 (Dec 31: $45.1M); working capital $40.7M; cash runway into 2024.
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DiaMedica reports 2021 results: $45M cash, Phase 2/3 stroke trial underway
Cash, cash equivalents and marketable securities $45.1M as of Dec 31, 2021; runway into 2024.
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DiaMedica sets May 18, 2022 for annual meeting; shareholder proposal deadline March 4, 2022
Annual general meeting scheduled for May 18, 2022; date changed by more than 30 days from last year.
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DiaMedica doses first patient in Phase 2/3 stroke trial; Q3 cash $48.1M after $30M raise
First patient dosed in pivotal ReMEDy2 trial of DM199 for acute ischemic stroke; ~350 patients planned.
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DiaMedica raises $30M in private placement at $3.92/share for DM199 development
Gross proceeds of $30M from sale of 7,653,060 common shares at $3.92 each.