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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.
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.
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.
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.
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.