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NRX Pharmaceuticals, Inc. - NRXP STOCK NEWS

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

NRX Pharmaceuticals, Inc. (Nasdaq: NRXP) is a clinical-stage, small-molecule pharmaceutical company dedicated to developing novel therapeutics for central nervous system disorders and life-threatening pulmonary diseases. The company's flagship products include ZYESAMI (Aviptadil), aimed at treating COVID-related respiratory failure, and NRX-100/101, the first sequential drug regimen specifically designed for bipolar depression in patients with acute suicidal ideation and behavior.

Recently, NRX Pharmaceuticals announced a public offering of its common stock to raise funds for working capital, general corporate purposes, and to repay certain debts. The proceeds will also support the initiation of a national treatment protocol and a safety database.

Among its most notable developments, the company is advancing NRX-101, designated as an FDA Breakthrough Therapy for suicidal treatment-resistant bipolar depression and chronic pain. NRX Pharmaceuticals has strategic partnerships with Alvogen and Lotus for the development and marketing of NRX-101.

The company also oversees Hope Therapeutics, focusing on the development and marketing of IV ketamine for the acute treatment of suicidality and depression, leveraging a digital therapeutic-enabled platform to augment clinical benefits.

NRX Pharmaceuticals' robust pipeline includes plans for a New Drug Application for HTX-100 (IV ketamine) based on promising clinical trial results. It has also received Fast Track Designation from the FDA for the development of ketamine as part of its treatment protocol for acute suicidality.

Furthermore, NRX Pharmaceuticals is exploring the use of NRX-101 for chronic pain and complicated UTI, marking its potential to address significant unmet medical needs across various therapeutic areas. The company remains committed to improving patient outcomes and advancing its innovative therapies through rigorous clinical trials and strategic collaborations.

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NRx Pharmaceuticals (NASDAQ: NRXP) announced that the BriLife® vaccine shows potential effectiveness against the Omicron variant of SARS-CoV-2, according to findings from the Israel Institute for Biological Research (IIBR). The vaccine demonstrated a mean neutralization titer of 53 against Omicron, compared to 152 against the original virus. The IIBR concluded that BriLife®-induced antibodies maintain neutralizing potential against all tested variants. NRx aims to test BriLife as a booster in a phase 2 trial across Israel and other partner countries.

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On January 26, 2022, NRx Pharmaceuticals (NRXP) announced a safety report from a Southwestern hospital regarding ZYESAMI® (Aviptadil) treatment for COVID-19 respiratory failure under the Right to Try Law. Of the first 19 patients treated by December 31, 2021, three died, while 16 (84%) were reported alive by January 22, 2021, with 14 discharged. No Serious Adverse Events linked to ZYESAMI were reported. The data will support an FDA Emergency Use Authorization application for critical COVID-19 patients. ZYESAMI is also undergoing trials in the NIH-sponsored ACTIV-3b trial.

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NRx Pharmaceuticals (Nasdaq: NRXP) announced enhancements to its Expanded Access and Right to Try programs for ZYESAMI® (aviptadil), aimed at providing treatment for COVID-19 patients with respiratory failure who have not responded to other therapies. As manufacturing capacity increases via Nephron Pharmaceuticals, ZYESAMI will be more widely available to hospitals under FDA guidelines. The NIH is conducting the Phase 3 ACTIV-3b trial, with participants showing improved recovery odds. ZYESAMI is not FDA-approved but remains a critical option amid current healthcare challenges.

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NRx Pharmaceuticals (NRXP) has responded to allegations by Relief Therapeutics concerning false statements and failure to provide financial records. NRx asserts that it has not accused Relief's management of criminal behavior, clarifying misunderstandings around previous statements. Asserting compliance, NRx indicates that it provided over 1,000 pages of financial documents before the mediation date. NRx anticipates mediation on February 22, 2022, to address claims of breach of contract by Relief, arguing that the latter's accusations are attempts to distract from its obligations under their collaboration agreement.

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NRx Pharmaceuticals (NASDAQ: NRXP) announced advancements in the investigation of its BriLife™ COVID-19 vaccine, with plans for a phase 2b/3 study targeting COVID-19 variants, including Omicron. The company is collaborating with the U.S. Health and Human Services and several European governments. A trial using the NanoPass MicronJet™ system for intradermal delivery of the vaccine is approved in Israel, which may enhance immune response. NRx continues scaling up for commercial manufacturing anticipated by Q4 2022.

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NRx Pharmaceuticals (NASDAQ: NRXP) announced that its CEO, Prof Jonathan Javitt, will present updates on the BriLife™ COVID-19 vaccine at the H.C. Wainwright BioConnect Virtual Conference on January 10, 2022, at 9 AM EST. The presentation will include new details regarding late-stage trials and effectiveness against the Omicron variant. NRx previously reported early data showing BriLife’s efficacy against the Delta variant. The company collaborates with the Israel Institute for Biological Research to enhance the ongoing trials.

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NRx Pharmaceuticals (NASDAQ: NRXP) will present updates on its business at the H.C. Wainwright BioConnect Virtual Conference on January 10, 2022, at 7:00 AM EST. The company is known for developing the BriLife™ vaccine and ZYESAMI® for COVID-19. It has received Fast Track designation from the FDA and is conducting Phase 3 trials for various treatments, including NRX-101 for bipolar depression. The presentation link is available here.

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NRx Pharmaceuticals (Nasdaq: NRXP) announced its submission for Emergency Use Authorization (EUA) for ZYESAMI® (aviptadil) to treat Critical COVID-19 patients facing imminent death despite existing therapies. This application follows feedback from a previous EUA request and incorporates new Phase 2b/3 data showing ZYESAMI significantly improves survival odds: 2.8-fold higher at 28 days and 10-fold for patients on ventilators. ZYESAMI is considered an option for patients with no alternatives, aiming to enhance recovery chances amid rising COVID-19 fatalities.

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NRx Pharmaceuticals (Nasdaq: NRXP) has filed a provisional patent application with the US Patent and Trademark Office for stable, buffer-free compositions of Vasoactive Intestinal Peptide (VIP), known as aviptadil, aimed at treating COVID-19 and other diseases. This patent addresses stability issues previously encountered with VIP formulations, enhancing its potential for long-term storage and national stockpile inclusion. The FDA has reviewed these innovations concerning ZYESAMI®, expected to offer a pathway for innovative drug protection and potential market launch following safety and efficacy assessments.

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NRx Pharmaceuticals (NRXP) announced the filing of a new Breakthrough Therapy Designation request with the FDA for ZYESAMI® (aviptadil) aimed at treating COVID-19 patients facing respiratory failure despite existing therapies. This request follows positive clinical trial results showing a statistically significant increase in survival odds among patients treated with ZYESAMI after Remdesivir failure. The FDA previously declined ZYESAMI's Emergency Use Authorization but invited a new request based on clinical data. NRx aims to help over 100,000 Americans recovering from COVID-19.

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FAQ

What is the current stock price of NRX Pharmaceuticals (NRXP)?

The current stock price of NRX Pharmaceuticals (NRXP) is $1.26 as of November 22, 2024.

What is the market cap of NRX Pharmaceuticals (NRXP)?

The market cap of NRX Pharmaceuticals (NRXP) is approximately 14.9M.

What is NRX Pharmaceuticals' primary focus?

NRX Pharmaceuticals focuses on developing novel therapeutics for central nervous system disorders and life-threatening pulmonary diseases.

What are NRX Pharmaceuticals' key products?

The key products include ZYESAMI (Aviptadil) for COVID-related respiratory failure and NRX-100/101 for bipolar depression with acute suicidal ideation.

What is the significance of NRX-101?

NRX-101 is an FDA-designated Breakthrough Therapy aimed at treating suicidal treatment-resistant bipolar depression and chronic pain.

Who are NRX Pharmaceuticals' strategic partners?

NRX Pharmaceuticals has partnered with Alvogen and Lotus for the development and marketing of NRX-101.

What recent developments has NRX Pharmaceuticals announced?

The company has announced a public offering to raise funds for working capital, initiating a national treatment protocol, and repaying debts.

What is Hope Therapeutics?

Hope Therapeutics is a subsidiary of NRX Pharmaceuticals, focusing on the development and marketing of FDA-approved intravenous ketamine for acute suicidality and depression.

What is the purpose of the public offering announced by NRX Pharmaceuticals?

The public offering aims to raise funds for working capital, general corporate purposes, and to repay certain outstanding debts.

What are the future plans for NRX-101?

NRX Pharmaceuticals plans to expand NRX-101’s use for chronic pain and complicated UTI, and potentially submit a New Drug Application based on clinical trial results.

Has NRX Pharmaceuticals received any special designations from the FDA?

Yes, NRX Pharmaceuticals has received Fast Track Designation from the FDA for the development of ketamine (NRX-100) as part of its treatment protocol for acute suicidality.

What is the financial condition of NRX Pharmaceuticals as of the latest update?

As of the latest update, NRX Pharmaceuticals is in the process of raising funds through a public offering and has received $5 million from a milestone payment, improving its working capital situation.

NRX Pharmaceuticals, Inc.

Nasdaq:NRXP

NRXP Rankings

NRXP Stock Data

14.94M
9.24M
23.56%
6.05%
6.35%
Biotechnology
Pharmaceutical Preparations
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