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DiaMedica Therapeutics Inc

DiaMedica Therapeutics Inc. is a clinical-stage biopharmaceutical company focused on improving the lives of people with severe ischemic diseases. Its lead candidate, DM199, is a pharmaceutically active recombinant form of the human tissue kallikrein-1 protein and is in Phase 2/3 trials for acute ischemic stroke, as well as Phase 2 trials for preeclampsia, cardio renal disease, and fetal growth restriction. The company is also developing DM300, a recombinant human ulinastatin in preclinical stage for inflammatory diseases such as acute pancreatitis. Formerly known as DiaMedica Inc., it changed its name to DiaMedica Therapeutics Inc. in December 2016, was incorporated in 2000, and is headquartered in Minneapolis, Minnesota.

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DiaMedica expects ReMEDy2 stroke trial interim analysis in Q1 2027 as enrollment passes 85% of 200-patient trigger

DiaMedica Therapeutics now anticipates the interim efficacy analysis for its ReMEDy2 acute ischemic stroke trial will read out in the first quarter of 2027, a shift from prior guidance of year-end 2026, as enrollment has surpassed 85% of the 200-patient trigger. President and CEO Dietrich Pauls said enrollment slowed somewhat in July but the company is approaching the threshold required for the prespecified analysis. The company also completed enrollment in the first cohort of a Phase II early onset fetal growth restriction study and plans to share top-line results in September. For early onset preeclampsia, DiaMedica expects to dose the first patient in a company-sponsored Phase II trial in the fourth quarter of this year and is working to expand the study to the United Kingdom. As of June 30, 2026, cash and investments totaled $43.5 million, which management believes will fund operations through 2027.
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