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MIRA Pharma falls on all-stock deal for SKNY Pharma

ReutersMar 24, 2025 12:31 PM

Shares of Florida-based drug developer MIRA Pharmaceuticals MIRA.O fall 8.6% to $1.17 premarket

Agrees to buy privately held Delaware-based SKNY Pharmaceuticals in a stock deal to add experimental weight-loss drug candidate - regulatory filing

SKNY-1 is an experimental oral drug in preclinical development for weight-loss and smoking cessation

Says SKNY will contribute $5 million in cash or assets at close

MIRA marginally up in the past 12 months

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