Northwire Canada EditionMonday, July 13, 2026
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MOG 0.390 +2.6% S 0.115 −25.8% OMI 0.305 −3.2% BMM 3.77 −0.8% CGD 0.630 +10.5% OCG 0.260 −7.1% CAMB 0.940 −6.0% HMR 0.600 −3.2% GOFL 0.025 +0.0% SIG 1.00 −2.9% SGQ 0.400 +33.3% AMCO 0.225 −10.0% TRS 0.055 +0.0% RRI 0.260 −1.9% GAL 0.400 +0.0% LIB 0.780 −14.3% MOG 0.390 +2.6% S 0.115 −25.8% OMI 0.305 −3.2% BMM 3.77 −0.8% CGD 0.630 +10.5% OCG 0.260 −7.1% CAMB 0.940 −6.0% HMR 0.600 −3.2% GOFL 0.025 +0.0% SIG 1.00 −2.9% SGQ 0.400 +33.3% AMCO 0.225 −10.0% TRS 0.055 +0.0% RRI 0.260 −1.9% GAL 0.400 +0.0% LIB 0.780 −14.3%
Management

Quantum Biopharma Announces Appointment of Principal Investigator for Planned Phase 2 Clinical Trial of Lucid-21-302 (Lucid-MS) in Multiple Sclerosis

QNTM · Price

Executive Summary

  • Quantum BioPharma announced the appointment of Dr. Salvatore Napoli, MD, as Principal Investigator for its planned Phase 2 trial of Lucid‑MS, an investigational therapy targeting demyelination in multiple sclerosis (MS).
  • The company intends to file an Investigational New Drug (IND) application with the FDA in the coming weeks, pending regulatory clearance.
  • Management highlighted the appointment as a key milestone toward advancing Lucid‑MS into clinical evaluation and addressing unmet medical needs in MS.

Key Details

  • Appointment: Dr. Salvatore Napoli, internationally recognized neurologist and KOL in MS, will serve as Principal Investigator for the Phase 2 trial of Lucid‑MS.
  • Trial Planning: Quantum BioPharma plans to submit an IND application for Lucid‑MS to the FDA within weeks; the IND includes the design of the upcoming Phase 2 study.
  • Therapeutic Candidate: Lucid‑MS is a first‑in‑class, non‑immunomodulatory, neuroprotective compound (patented NCE) that has demonstrated prevention of demyelination in preclinical models.
  • Regulatory Pathway: Subject to FDA clearance of the IND, the Phase 2 trial will evaluate efficacy, safety, and tolerability of Lucid‑MS in people with MS.
  • Management Comments:
  • Andrzej Chruscinski (VP, Scientific & Clinical Affairs) emphasized Dr. Napoli’s expertise as vital for clinical evaluation.
  • CEO Zeeshan Saeed called the appointment a “key milestone” and underscored the program’s potential to address high unmet need in neurodegenerative disease.
  • Strategic Context: The announcement follows Quantum BioPharma’s broader focus on neurodegenerative and metabolic disorders, including its subsidiary Lucid Psycheceuticals Inc., which holds rights to Lucid‑MS.

Notable Quotes

“We are pleased to collaborate with Dr. Napoli as we advance our clinical development program,” – Andrzej Chruscinski, Vice‑President, Scientific and Clinical Affairs.

“The appointment of Dr. Napoli represents a key milestone as we advance Lucid‑MS toward clinical evaluation.” – Zeeshan Saeed, CEO.

Read the original news release →

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