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Neurobo Pharmaceuticals Inc - NRBO STOCK NEWS

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

Overview of NeuroBo Pharmaceuticals Inc.

NeuroBo Pharmaceuticals Inc. (symbol: NRBO) is a clinical-stage biotechnology company headquartered in Boston, Massachusetts, that is dedicated to transforming the treatment landscape for neurodegenerative and cardiometabolic diseases. Founded in 2017, the company has established a robust research and development pipeline with a focus on innovative therapeutic approaches for conditions such as obesity, metabolic dysfunction-associated steatohepatitis (MASH), and painful diabetic neuropathy. Utilizing advanced drug discovery and development methods, NeuroBo designs therapies to target the physiological pathways that underlie these complex medical conditions.

Core Therapeutic Programs and Mechanisms of Action

At the heart of its business model, NeuroBo Pharmaceuticals is developing a series of differentiated drug candidates, each addressing key unmet clinical needs. The company’s portfolio includes:

  • DA-1726: A novel oxyntomodulin (OXM) analogue designed to function as a dual agonist for both glucagon-like peptide-1 receptors (GLP1R) and glucagon receptors (GCGR). This dual mechanism is intended to reduce food intake and increase energy expenditure, factors crucial for achieving significant weight loss in patients with obesity. The therapeutic approach is built upon a balanced receptor activation strategy, setting it apart from traditional selective GLP-1 agonists.
  • DA-1241: A drug candidate acting as a novel G-protein-coupled receptor 119 (GPR119) agonist. By promoting the release of key gut peptides such as GLP-1, GIP, and PYY, DA-1241 targets multiple pathways that influence liver inflammation, lipid metabolism, and glucose control. This multi-targeted approach is particularly relevant for the treatment of MASH, where reducing hepatic steatosis and inflammation is critical.
  • NB-01: Previously developed for the treatment of painful diabetic neuropathy, NB-01 is in a strategic phase of out-licensing, showcasing the company’s capability to collaborate with external partners to advance its legacy assets while focusing on its next-generation programs.

Scientific and Clinical Rationale

NeuroBo Pharmaceuticals underpins its development strategy with robust pre-clinical and clinical evidence. The company leverages advanced understanding of receptor pharmacology to design compounds that exhibit favorable safety and tolerability profiles. By simultaneously engaging multiple pathways, the therapeutic candidates are positioned to offer comprehensive management of cardiometabolic dysfunctions. This innovative approach not only optimizes patient outcomes but also enhances the potential for improved metabolic regulation, including better lipid profiles and glucose metabolism.

Market Position and Strategic Vision

In a competitive landscape where many companies pursue single-target therapies, NeuroBo distinguishes itself by employing a multi-faceted clinical development strategy. Its focus on dual-agonism and multi-peptide release reflects deep scientific expertise and a commitment to addressing the complex pathophysiology of obesity and MASH. The company’s strategic partnerships and licensing agreements further reinforce its market position by enabling collaborative research and promoting resource efficiency within its clinical programs.

Research, Development, and Collaborative Endeavors

Aligned with its commitment to clinical excellence, NeuroBo engages in meticulous research and development initiatives that blend advanced pharmacodynamics (PD) and pharmacokinetics (PK) studies. The company’s approach involves:

  • Conducting randomized, placebo-controlled clinical studies to rigorously assess safety, tolerability, and the metabolic impact of its candidates.
  • Utilizing cutting-edge biomarker analysis to monitor therapeutic effects on weight regulation, lipid profiles, and liver function.
  • Collaborating with experienced partners to leverage complementary expertise in clinical manufacturing, quality control, and regulatory compliance.

Expertise and Commitment to Innovation

NeuroBo Pharmaceuticals is driven by a team of established experts in biotechnology and clinical research. The leadership’s scientific acumen and strategic direction instill confidence in its methodical approach to drug development. By integrating extensive industry-specific insights and advanced technological platforms, the company consistently adheres to the highest standards of expertise, experience, authoritativeness, and trustworthiness (E-E-A-T).

Investor and Researcher Insights

For investors and analysts seeking a well-rounded understanding of NeuroBo Pharmaceuticals, this company represents a notable case study in the emerging field of multi-target therapeutics. Its comprehensive approach to treating complex conditions through scientifically validated mechanisms highlights its potential as a transformative player in the biotechnology sphere. The detailed exploration of receptor dynamics, coupled with clear clinical endpoints, underscores a disciplined research philosophy that prioritizes patient safety and therapeutic efficacy above all.

Conclusion

Overall, NeuroBo Pharmaceuticals Inc. is a clinical-stage biotechnology company that exemplifies deep industry expertise and innovation in its pursuit of effective treatments for cardiometabolic and neurodegenerative diseases. Its strategic focus on dual agonists and multi-pathway modulation, along with robust clinical methodologies, positions the company as both a scientific pioneer and a thoughtful contributor to the ongoing evolution of modern therapeutics.

Rhea-AI Summary
NeuroBo Pharmaceuticals, Inc. (Nasdaq: NRBO) has submitted an IND application to the FDA for a Phase 1 clinical trial of DA-1726, a dual oxyntomodulin analog agonist for the treatment of obesity. The company aims to address the significant obesity market with a potential new treatment that has shown promising preclinical evidence of weight loss in animal models. The first dose is expected to be administered in the first half of 2024, with data readout anticipated in the first half of 2025.
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NeuroBo Pharmaceuticals, Inc. (Nasdaq: NRBO) announces a 1-for-8 reverse stock split, reducing outstanding shares from 38.8 million to approximately 4.85 million. The split will be effective on December 21, 2023, to comply with Nasdaq's listing requirements.
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NeuroBo Pharmaceuticals, a clinical-stage biotechnology company (Nasdaq: NRBO), announced that its executives will present updates on its cardiometabolic assets, DA-1241 and DA-1726, at two investor conferences in December. The company's focus on transformation of cardiometabolic diseases will be highlighted at the Investor Summit Virtual Conference on December 7 and the Life Science Virtual Investor Forum on December 14. Interested investors can register through the Life Science Virtual Investor Forum platform. The live webcast and archived replay of both presentations will be available on the company's website.
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NeuroBo Pharmaceuticals, Inc. (NRBO) announced financial results for Q3 2023, with cash and cash equivalents of $25.8 million expected to fund operations through Q4 2024. The company provided updates on the clinical development of their cardiometabolic assets, including the Phase 2a clinical trial of DA-1241 for NASH and preclinical testing results of DA-1726 for obesity. They also highlighted the appointment of James P. Tursi, M.D. to the Board of Directors and the out-licensing agreement with MTHERA for NB-01.
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NeuroBo Pharmaceuticals, Inc. has appointed James P. Tursi, a pharmaceutical industry veteran, to its Board of Directors. Dr. Tursi brings nearly 20 years of experience in the pharmaceutical industry and over 30 years of medical experience. He will provide valuable expertise as the company advances the clinical development of its cardiometabolic assets. NeuroBo is currently developing DA-1241, a novel GPR119 agonist, for the treatment of NASH, and DA-1726, a novel GLP1R and GCGR dual agonist, for obesity. Dr. Tursi's appointment is expected to drive shareholder value and maximize the potential of NeuroBo's next-generation pharmaceuticals.
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NeuroBo Pharmaceuticals to present at H.C. Wainwright 7th Annual NASH Investor Conference
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NeuroBo Pharmaceuticals begins Phase 2a trial of DA-1241 for NASH treatment, with potential interim analysis in H1 2024 and full data readout in H2 2024.
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NeuroBo Pharmaceuticals, Inc. (NRBO) appoints Hyung Heon Kim as CEO and President, leveraging his expertise in advancing DA-1241 and DA-1726, potential therapies for NASH, obesity, and type 2 diabetes. Kim's deep familiarity with the assets and strong working relationship with partner Dong-A positions NeuroBo for clinical development and market leadership in cardiometabolic diseases.
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NeuroBo Pharmaceuticals announces progress in cardiometabolic assets, including FDA approval for DA-1241 and positive preclinical data on DA-1726. Signed term sheet with MTHERA for out-licensing of NB-01. Cash and Cash Equivalents of $28.7 million expected to fund operations into 2024.
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FAQ

What is the current stock price of Neurobo Pharmaceuticals (NRBO)?

The current stock price of Neurobo Pharmaceuticals (NRBO) is $2.36 as of February 7, 2025.

What is the market cap of Neurobo Pharmaceuticals (NRBO)?

The market cap of Neurobo Pharmaceuticals (NRBO) is approximately 20.3M.

What is the primary focus of NeuroBo Pharmaceuticals Inc.?

NeuroBo Pharmaceuticals Inc. is focused on developing innovative therapies for neurodegenerative and cardiometabolic diseases, including obesity, MASH, and diabetic neuropathy.

What therapeutic candidates are currently in NeuroBo's pipeline?

The company is advancing several candidates including DA-1726, a dual GLP1R/GCGR agonist for obesity, DA-1241, a GPR119 agonist for MASH, and NB-01, which is being out-licensed for diabetic neuropathy.

How does DA-1726 work?

DA-1726 is an oxyntomodulin analogue that functions as both a GLP1R and GCGR agonist, aiming to reduce food intake and enhance energy expenditure, which is crucial for achieving weight loss.

What role does DA-1241 play in treating MASH?

DA-1241 acts as a GPR119 agonist to promote the release of gut peptides such as GLP-1, GIP, and PYY, which help improve liver inflammation, lipid metabolism, and glucose control in patients with MASH.

Where is NeuroBo Pharmaceuticals headquartered?

The company is headquartered in Boston, Massachusetts, providing it with access to a strong biotech ecosystem and research community.

How does NeuroBo differentiate itself from other biotech companies?

NeuroBo differentiates itself by focusing on multi-targeted therapeutic approaches, employing dual agonist strategies, and building strong collaborative partnerships to optimize clinical outcomes.

What are the methods used to assess the efficacy of its candidates?

The company uses randomized, placebo-controlled clinical trials, supported by biomarkers, pharmacokinetic and pharmacodynamic studies, to rigorously evaluate safety and therapeutic efficacy.

Why is investor interest generated by NeuroBo Pharmaceuticals?

Investor interest stems from the company’s innovative multi-mechanism approach to challenging medical conditions, its robust research and development process, and its commitment to advancing novel therapeutic candidates.
Neurobo Pharmaceuticals Inc

Nasdaq:NRBO

NRBO Rankings

NRBO Stock Data

20.33M
3.00M
65.24%
12.71%
0.4%
Biotechnology
Pharmaceutical Preparations
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United States
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