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Nervgen Pharma (NGEN) Stock News

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Welcome to our dedicated page for Nervgen Pharma news (Ticker: NGEN), a resource for investors and traders seeking the latest updates and insights on Nervgen Pharma stock.

NervGen Pharma Corp. (NGEN) is a clinical-stage biopharmaceutical company developing first-in-class neuroreparative therapeutics for spinal cord injury (SCI) and other neurotraumatic and neurologic conditions. This news page highlights company announcements, clinical updates and capital markets developments that relate to NervGen’s progress.

Readers can find coverage of NervGen’s listing and trading on Nasdaq under the symbol NGEN, along with commentary from the company on how this listing fits into its evolution as a biopharmaceutical issuer. News items also describe the company’s clinical milestones, including data from the Phase 1b/2a CONNECT SCI Study of its lead candidate NVG-291 in individuals with chronic spinal cord injury.

The company reports that NVG-291, a subcutaneously administered neuroreparative peptide, has demonstrated durable improvements in function, independence and quality of life in chronic SCI, supported by changes in corticospinal and reticulospinal signaling. Updates on regulatory interactions, such as FDA Type C and planned End-of-Phase 2 meetings, are also reflected in NervGen’s news flow, as the company works to define the development and registration pathway for NVG-291.

Because NervGen focuses on conditions with significant unmet medical need, its news often centers on clinical trial data, regulatory designations such as FDA Fast Track and EMA Orphan Drug status for NVG-291 in spinal cord injury, and strategic steps toward late-stage development. Investors and observers can use this page to follow how NervGen describes its progress in advancing NVG-291 and its next-generation candidate NVG-300 within the broader context of neurotrauma and neurologic disease research.

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NervGen Pharma (NASDAQ:NGEN) priced an underwritten public offering of 24,000,000 common shares and accompanying warrants to purchase up to 24,000,000 shares at US$2.50 per share and warrant.

Gross proceeds are expected to be about US$60.0 million, funding NVG-291 clinical studies and general corporate purposes.

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NervGen (NASDAQ:NGEN) has commenced an underwritten public offering of common shares, pre-funded warrants and accompanying common share warrants. All securities will be sold by the company.

Net proceeds are intended to advance NVG-291 clinical studies and for general corporate and working capital purposes.

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NervGen (NASDAQ:NGEN) reported first quarter 2026 results and business progress. Cash and investments were $16.6 million as of March 31, 2026. Q1 2026 R&D expenses were $4.9 million and G&A expenses were $2.7 million. Net loss was $1.7 million, versus $3.9 million in Q1 2025, reflecting a higher non-cash unrealized gain on a warrant derivative.

The company completed a successful FDA End-of-Phase 2 meeting, aligning on the RESTORE registrational study of NVG-291 in chronic tetraplegia, with initiation targeted for mid-2026. NervGen also advanced CONNECT SCI biomechanical gait analyses, continued pipeline expansion planning, strengthened senior leadership, and listed its shares on Nasdaq.

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NervGen (NASDAQ:NGEN) appointed Keith Vendola, MD, MBA, as Chief Financial Officer, effective immediately.

Vendola will lead financial strategy, capital markets, planning and corporate development as NervGen advances NVG-291 toward initiation of the RESTORE registrational study in chronic tetraplegia. He brings two decades of finance, operational and medical experience across biopharma and investment banking.

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NervGen (NASDAQ: NGEN) said its CEO Adam Rogers, MD, and executive team will participate in two investor events in April 2026: the H.C. Wainwright “HCW@Home” fireside chat on April 15, 2026 and the Bloom Burton Healthcare Investor Conference presentation and 1x1 meetings in Toronto on April 22, 2026.

Both events will offer a live webcast and archived replay; presentation formats include a virtual fireside chat and a corporate presentation with investor meetings. According to the company, webcasts will be available on the investor section of the company website.

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NervGen (NASDAQ:NGEN) completed a successful End-of-Phase 2 meeting with the FDA and obtained alignment on RESTORE, a randomized, double-blind, placebo-controlled Phase 3 registrational study of NVG-291 in chronic tetraplegia. RESTORE targets ~150 subjects across up to 60 US and Canadian sites, with daily subcutaneous dosing for 12 weeks and a 4-week observational period. The primary endpoint is change in GRASSP Quantitative Prehension at Week 12. RESTORE initiation is on-track for mid-2026 and includes an optional 12-week open-label extension for placebo subjects. Phase 1b/2a CONNECT SCI data showed a +3.7 vs +0.4 mean GRASSP QtP improvement at Week 12 (+3.3 treatment difference) and favorable safety with no treatment-related serious adverse events.

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NervGen (NASDAQ: NGEN) completed an End-of-Phase 2 meeting with the FDA and remains on track to initiate a Phase 3 study in chronic tetraplegia in mid-2026. The company expects to present independent biomechanical gait analyses in 2Q 2026.

Financially, cash and investments were $22.1M at Dec 31, 2025; R&D expense was $13.9M, G&A was $11.2M, and net loss was $44.1M for 2025 versus $24.3M in 2024. Leadership additions and a Nasdaq listing were noted.

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NervGen (NASDAQ: NGEN) announced a voluntary delisting from the TSX Venture Exchange, effective at market close on March 16, 2026. The company will continue trading on Nasdaq under NGEN and no shareholder action is required.

The move aims to eliminate duplicate exchange fees, reduce legal/accounting and regulatory complexity, and let management focus on late-stage development of NVG-291. NervGen will remain a reporting issuer across Canadian provinces. The company also terminated its ATM program; from Jan 1–Mar 12, 2026 it issued 245 shares at a weighted average price of $6.20, for aggregate net proceeds of $1,489.

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NervGen (TSXV:NGEN, NASDAQ:NGEN) on March 4, 2026 appointed Shamim Ruff as Chief Regulatory Affairs Officer and Christine McSherry as SVP, Patient Advocacy and Clinical Affairs. Both hires bring 30+ years of experience to support advancement of NVG-291 toward potential approval and to center patient voices in clinical strategy.

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NervGen (NASDAQ:NGEN) announced executive participation at multiple investor conferences in late Feb–March 2026, including virtual and in-person presentations and 1x1 investor meetings.

Presentations: Oppenheimer (Feb 25, virtual, 12:40–1:10 PM ET), TD Cowen (Mar 2, Boston, 2:30–3:00 PM ET) and Leerink (Mar 8–11, Miami, 1x1 meetings). A live webcast and archived replay will be available on the company investor website.

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FAQ

What is the current stock price of Nervgen Pharma (NGEN)?

The current stock price of Nervgen Pharma (NGEN) is $2.08 as of May 22, 2026.

What is the market cap of Nervgen Pharma (NGEN)?

The market cap of Nervgen Pharma (NGEN) is approximately 302.5M.