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S 0.160 +3.2% OMI 0.315 +0.0% BMM 4.02 +5.8% CGD 0.630 +10.5% OCG 0.275 −1.8% CAMB 0.990 −1.0% HMR 0.600 −3.2% GOFL 0.025 +0.0% SIG 1.01 −1.9% SGQ 0.300 +0.0% AMCO 0.220 −12.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.390 −2.5% LIB 0.800 −12.1% SMY 0.290 +23.4% S 0.160 +3.2% OMI 0.315 +0.0% BMM 4.02 +5.8% CGD 0.630 +10.5% OCG 0.275 −1.8% CAMB 0.990 −1.0% HMR 0.600 −3.2% GOFL 0.025 +0.0% SIG 1.01 −1.9% SGQ 0.300 +0.0% AMCO 0.220 −12.0% TRS 0.055 +0.0% RRI 0.265 +0.0% GAL 0.390 −2.5% LIB 0.800 −12.1% SMY 0.290 +23.4%
M&A / Property

Quantum BioPharma Signs Binding Letter Of Intent With Allucent To Conduct Phase 2 Clinical Trial In Multiple Sclerosis

By The Northwire Desk — AI Analysis Mar 30, 2026 · 07:50 QNTM · 6.57 Quantum BioPharma Ltd.
QNTM · Price

Executive Summary

  • Quantum BioPharma entered a binding Letter of Intent with contract research organization Allucent to conduct the planned Phase 2 trial of its lead asset Lucid‑MS for multiple sclerosis.
  • The partnership is intended to accelerate trial start‑up, site selection, patient recruitment, data management and regulatory support, with the trial targeted to begin in Q2 2026 pending approvals.
  • Lucid‑MS represents a first‑in‑class neuroprotective approach that targets demyelination, differentiating it from existing immune‑modulating MS therapies.

Key Details

  • Letter of Intent (LOI): Binding agreement with Allucent to provide comprehensive CRO services for the Phase 2 study of Lucid‑MS.
  • Trial Timeline: Expected initiation in the second quarter of 2026, subject to regulatory approvals and finalization of trial design.
  • Scope of Services:
  • Study start‑up – regulatory submissions, ethics approvals, accelerated initiation.
  • Site selection & management – global network coordination for optimal patient access.
  • Patient recruitment – enrollment strategy and execution for efficient completion.
  • Data management – collection, analysis, reporting to ensure rigorous data integrity.
  • Regulatory support – agency interactions and compliance to streamline development pathway.
  • Therapeutic Rationale: Lucid‑MS is a new chemical entity designed to provide neuroprotection by inhibiting demyelination, addressing disease progression rather than solely modulating the immune system.
  • Quotes:
  • “Lucid‑MS is a First‑in‑Class…designed to provide neuroprotection through the inhibition of demyelination…” – Andrzej Chruscinski, VP Scientific & Clinical Affairs.
  • “We are pleased to engage Allucent…their therapeutic expertise and global operational capabilities are expected to support the efficient execution of our Phase 2 trial.” – Zeeshan Saeed, CEO.
  • Market Context: MS affects ~2.8 million people worldwide; the global MS therapeutic market is projected to exceed $38 billion by 2030. Lucid‑MS aims to capture share in the emerging neuroprotective segment.

Notable Quotes

  • “We’re proud to partner with Quantum BioPharma in advancing their neuro‑degenerative clinical program in multiple sclerosis.” – Paula Brown Stafford, CEO of Allucent.
Read the original news release →

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