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.

Overview of NRx Pharmaceuticals Inc. (NRXP)

NRx Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for central nervous system (CNS) disorders and life-threatening pulmonary diseases. With a mission to address critical unmet medical needs, the company focuses on creating groundbreaking treatments for conditions such as suicidal bipolar depression, PTSD, and COVID-related respiratory failure. NRx leverages its proprietary NMDA-based therapeutic platform to develop novel drug regimens that target acute suicidality and other severe mental health conditions.

Core Business Areas

NRx Pharmaceuticals operates across two primary domains:

  • Drug Development: The company is advancing two key investigational drugs, NRX-100 (IV ketamine) and NRX-101 (a combination of D-cycloserine and lurasidone), designed to treat suicidal depression and bipolar depression with suicidality. Both drugs have received FDA designations, including Breakthrough Therapy and Fast Track, underscoring their potential to transform patient care.
  • Healthcare Delivery: Through its wholly-owned subsidiary, HOPE Therapeutics, NRx is building a network of precision psychiatry clinics. These clinics integrate advanced treatments such as ketamine therapy, Transcranial Magnetic Stimulation (TMS), and digital therapeutics to provide comprehensive care for patients with suicidal depression, PTSD, and related disorders.

Innovative Drug Pipeline

NRx Pharmaceuticals is at the forefront of CNS drug development. Its lead product, NRX-100, is an IV ketamine formulation that has demonstrated rapid and significant reductions in suicidality in clinical trials. Unlike traditional ketamine formulations, NRX-100 is preservative-free and packaged in tamper-resistant vials, addressing safety and abuse concerns. The company is also developing NRX-101, the first sequential drug regimen for bipolar depression with acute suicidality. This investigational therapy aims to provide a safer and more effective alternative to existing antidepressants, which often carry risks such as akathisia.

HOPE Therapeutics: Revolutionizing Mental Health Care

HOPE Therapeutics represents a strategic expansion of NRx’s business model. This subsidiary is focused on creating a nationwide network of interventional psychiatry clinics that combine innovative treatments with traditional psychiatric care. By acquiring leading clinics such as Kadima Neuropsychiatry Institute and Dura Medical, HOPE aims to set a new standard for mental health care. The clinics offer multimodal therapies, including ketamine infusions, TMS, and Spravato® (nasal esketamine), tailored to the unique needs of each patient.

Competitive Position and Market Significance

NRx Pharmaceuticals operates in a highly specialized segment of the pharmaceutical industry, targeting conditions with significant unmet needs. Its focus on CNS disorders and interventional psychiatry differentiates it from competitors. The company’s partnerships with institutions like the U.S. Department of Defense and Veterans Affairs further enhance its credibility and market reach. By addressing critical gaps in mental health care and leveraging innovative technologies, NRx is well-positioned to make a meaningful impact in its field.

Key Challenges and Opportunities

While NRx Pharmaceuticals faces challenges such as navigating regulatory approvals and securing funding, its robust pipeline and diversified business model offer significant growth opportunities. The company’s ability to integrate advanced therapeutics with precision psychiatry clinics positions it as a leader in addressing the mental health crisis. By focusing on both drug innovation and healthcare delivery, NRx is creating a holistic approach to treating life-threatening conditions.

Conclusion

NRx Pharmaceuticals Inc. exemplifies innovation and expertise in the biopharmaceutical industry. Through its groundbreaking drug pipeline and strategic expansion into interventional psychiatry clinics, the company is addressing some of the most pressing challenges in mental health care. With a commitment to improving patient outcomes and a focus on unmet medical needs, NRx is poised to redefine the treatment landscape for CNS disorders and beyond.

Rhea-AI Summary
NRx Pharmaceuticals, Inc. (NRXP) will be presenting a corporate overview at the Noble Capital Markets' 19th Annual Emerging Growth Investor Conference on December 4th, 2023. Dr. Jonathan Javitt, Founder and Chief Scientist, will deliver the presentation at Florida Atlantic University in Boca Raton, Fla. The event will include in-person one-on-one meetings with management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.42%
Tags
conferences acquisition
-
Rhea-AI Summary
NRx Pharmaceuticals, Inc. (Nasdaq: NRXP) announced four near-term milestones, including the completion of the Phase 2b/3 trial of NRX-101 in Treatment Resistant Bipolar Depression and initiation of potential spinout initiatives in 2023/early 2024. The company also opened an Investigational New Drug application with the FDA to treat chronic pain with NRX-101 and received data from randomized, controlled trials demonstrating safety and efficacy of IV ketamine in treating suicidal depression.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
-
Rhea-AI Summary
NRx Pharmaceuticals, Inc. will release its third quarter 2023 financial results on November 14, 2023, and host a conference call to discuss the results and provide a corporate update. The updates are expected to cover progress on the development of NRX-101 for bipolar depression, clinical trial data timing, and plans for NRX-100 (ketamine) development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.48%
Tags
conferences earnings
Rhea-AI Summary
NRx Pharmaceuticals and Nephron Pharmaceuticals have signed a development and manufacturing agreement to produce a tamper and diversion-resistant formulation of ketamine for treating suicidal depression. The partners aim to submit a New Drug Application by March 1, 2024, with a finished drug targeted for November 2024, pending FDA approval. Ketamine has shown promise in rapidly reducing suicidal thoughts, but no FDA-approved formulation currently exists for this purpose.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.18%
Tags
none
-
Rhea-AI Summary
NRx Pharmaceuticals has signed a development contract to manufacture intravenous Ketamine suitable for treating depression and suicidality. The company plans to file a New Drug Application for Ketamine in 2024 based on existing clinical data and newly-developed manufacturing protocols. The supply of Ketamine is currently limited and not labeled for depression treatment. NRx Pharmaceuticals and its manufacturing partner will release more information in an upcoming 8K filing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
none
-
Rhea-AI Summary
NRx Pharmaceuticals receives FDA approval to proceed with a pharmacokinetic study for NRX-101 in the treatment of Chronic Pain. The requirements are consistent with those for Bipolar Depression, potentially allowing for registrational studies in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
Tags
none
Rhea-AI Summary
NRx Pharmaceuticals accelerates plans to develop commercial form of intravenous ketamine for treating acute depression and suicidality
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.69%
Tags
none
-
Rhea-AI Summary
NRx Pharmaceuticals to present corporate overview at 8th Annual Dawson James Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
conferences
-
Rhea-AI Summary
NRx Pharmaceuticals receives FDA clearance to proceed with human trials for NRX-101 to treat Chronic Pain. Plans to seek Fast Track and Breakthrough Therapy Designations. Company has sufficient quantities of investigational drug to launch registrational studies in 2024. Chronic pain industry estimated to be $72 billion today, with potential to grow to $120 billion by 2033. D-cycloserine (DCS) has shown potential to reduce opioid craving and has no potential for addiction. Statistical results of confirmatory trial funded by US Department of Defense expected in coming months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.38%
Tags
none
Rhea-AI Summary
NRx Pharmaceuticals announces data sharing agreement for Ketamine study, potential NDA filing in 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
Tags
none

FAQ

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

The current stock price of Nrx Pharmaceuticals (NRXP) is $2.12 as of March 4, 2025.

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

The market cap of Nrx Pharmaceuticals (NRXP) is approximately 34.3M.

What does NRx Pharmaceuticals Inc. specialize in?

NRx Pharmaceuticals specializes in developing therapies for central nervous system disorders and life-threatening conditions, focusing on suicidal depression and PTSD.

What are NRx’s key investigational drugs?

NRx is advancing NRX-100 (IV ketamine) and NRX-101, a sequential drug regimen for bipolar depression with suicidality.

What is HOPE Therapeutics?

HOPE Therapeutics is a subsidiary of NRx Pharmaceuticals, focused on building a nationwide network of interventional psychiatry clinics offering advanced treatments like ketamine therapy and TMS.

How does NRx Pharmaceuticals generate revenue?

NRx generates revenue through drug development, licensing agreements, and its HOPE Therapeutics clinics, which provide precision psychiatric care.

What makes NRx Pharmaceuticals unique?

NRx combines innovative drug development with precision psychiatry clinics, addressing critical unmet needs in mental health care and CNS disorders.
Nrx Pharmaceuticals Inc

Nasdaq:NRXP

NRXP Rankings

NRXP Stock Data

34.34M
14.76M
23.56%
6.05%
6.35%
Biotechnology
Pharmaceutical Preparations
Link
United States
WILMINGTON