STOCK TITAN

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.

Rhea-AI Summary

NRx Pharmaceuticals, Inc. (NRx Pharmaceuticals) will participate in the EF Hutton Annual Global Conference on May 15, 2024, in New York City. Prof. Jonathan Javitt, MD, MPH, and Matthew Duffy will meet with investors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
conferences
-
Rhea-AI Summary

NRx Pharmaceuticals, Inc. (Nasdaq: NRXP) will report its first quarter 2024 financial results on May 14, 2024. The Company, a clinical-stage biopharmaceutical firm, will share the results via a press release and host a conference call to discuss them and provide a corporate update.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
conferences earnings
-
Rhea-AI Summary

NRx Pharmaceuticals (NRXP) has announced final clinical trial results showing a superior safety profile of NRX-101 compared to Lurasidone in treating suicidal bipolar depression. NRX-101 demonstrated a 76% reduction in akathisia symptoms with essentially zero levels at day 42, while also seeking accelerated FDA approval for use in patients at risk of akathisia. The study will be presented at the ASCP meeting in May 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
45.71%
Tags
Rhea-AI Summary

NRx Pharmaceuticals (NRXP) announced promising findings in a Phase 2b/3 clinical trial of NRX-101 vs. Lurasidone for the treatment of suicidal bipolar depression. NRX-101 demonstrated a 33% advantage in sustained remission in suicidality and a 75% advantage in relief from Akathisia compared to Lurasidone. Data from the study support an approval pathway for NRX-101 to become a standard of care in the treatment of bipolar depression. The trial showed comparable results to previous trials and expanded the potential utility of NRx-101 for a larger patient population. The company aims to change the treatment paradigm for patients with a high suicide risk, providing a potential blockbuster drug.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.32%
Tags
-
Rhea-AI Summary
NRx Pharmaceuticals (NASDAQ:NRXP) has received confirmation from Nasdaq that they have demonstrated compliance with the bid price requirement, ensuring the continued listing of the Company's securities. The Company is now focused on achieving four key milestones, including releasing data from trials in Suicidal Bipolar Depression and Chronic Pain, filing an NDA for IV Ketamine, and distributing shares of HOPE Therapeutics to existing shareholders. Recent unexpected achievements related to intravenous ketamine and complicated Urinary Tract Infection/pyelonephritis show promising potential for shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.75%
Tags
none
-
Rhea-AI Summary
NRx Pharmaceuticals, Inc. announced the pricing of a $2.0 million underwritten public offering of common stock at $3.30 per share. The company granted the underwriters an option to purchase additional shares. The offering is expected to close on April 19, 2024. NRx Pharmaceuticals plans to use the proceeds for working capital, general corporate purposes, and debt repayment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.75%
Tags
Rhea-AI Summary
NRx Pharmaceuticals, Inc. announces a proposed underwritten public offering of common stock to raise funds for working capital, general corporate purposes, and debt repayment. The offering is subject to market conditions, with EF Hutton as the sole book-running manager. The net proceeds will be used for a national treatment protocol and safety database.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.75%
Tags
-
Rhea-AI Summary
NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) announced new data on NRX-101 showing no damage to intestinal and vaginal flora in rodent models, potentially avoiding C. difficile infections. NRX-101 has FDA QIDP and Fast Track Designation for cUTI and Pyelonephritis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.79%
Tags
none
-
Rhea-AI Summary
NRx Pharmaceuticals (NASDAQ:NRXP) announced the development of a new, proprietary formulation of IV Ketamine, HTX-100. The formulation achieves a pH-neutral state, enabling both intravenous and subcutaneous administration. The company expects patent protection and has partnered with Nephron Pharmaceuticals to generate patents. HTX-100 is set to be marketed by HOPE Therapeutics, a subsidiary of NRx.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.3%
Tags
none
Rhea-AI Summary
NRx Pharmaceuticals achieves data-lock in Phase 2b/3 Suicidal Treatment Resistant Bipolar Depression Study with NRX-101, anticipates top-line data release in April 2024. Positive results lead to additional milestone payments and future development costs covered by partners. NRX-101 demonstrates potential for a broader patient population, with FDA designations and successful trials positioning it as a promising therapy for suicidal bipolar depression.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.4%
Tags

FAQ

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

The current stock price of NRX Pharmaceuticals (NRXP) is $3.51 as of January 6, 2025.

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

The market cap of NRX Pharmaceuticals (NRXP) is approximately 33.5M.

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

33.50M
9.20M
23.56%
6.05%
6.35%
Biotechnology
Pharmaceutical Preparations
Link
United States of America
WILMINGTON