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Neumora Therapeutics, Inc. - $NMRA STOCK NEWS

Welcome to our dedicated page for Neumora Therapeutics news (Ticker: $NMRA), a resource for investors and traders seeking the latest updates and insights on Neumora Therapeutics stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Neumora Therapeutics's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Neumora Therapeutics, Inc. (Nasdaq: NMRA) reported strong financial results for Q1 2024 with $423.0 million in cash, guidance narrowed to Q4 2024 for Phase 3 data from KOASTAL-1 study with navacaprant in MDD, and multiple upcoming clinical study initiations. The company is well-positioned with a robust pipeline targeting neuropsychiatric and neurodegenerative diseases.

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4.92%
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Neumora Therapeutics, Inc. (Nasdaq: NMRA) will participate in two investor conferences in May: BofA Securities Healthcare Conference 2024 and RBC Capital Markets Global Healthcare Conference. The company's therapeutic pipeline includes seven clinical and pre-clinical brain disease programs.

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Neumora Therapeutics, Inc. announces that the Phase 1 trial of NMRA-266 has been placed on clinical hold by the FDA due to convulsions in rabbits. Approximately 30 participants have been dosed with no adverse effects observed. The Company is working with the FDA to resolve the hold and will provide updates on NMRA-266. Neumora's M4 franchise includes other compounds with promising preclinical data.
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Neumora Therapeutics, Inc. (NMRA) will participate in a fireside chat at the Stifel 2024 Virtual CNS Days on March 20, 2024, showcasing its advancements in neuroscience drug development. The event will be live-streamed on the company's website, with a replay option available for 30 days.
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-14.64%
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Neumora Therapeutics, Inc. (NMRA) announced strong financial results for Q4 and full year 2023, with $463.8 million in cash, cash equivalents, and marketable securities. They are on track to report Phase 3 data for navacaprant in MDD in H2 2024 and Phase 1 data for NMRA-266 in mid-2024.
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Neumora Therapeutics, Inc. (NMRA) appoints Kaya Pai Panandiker as chief commercial officer, bringing over 20 years of experience in commercializing medicines for major depressive disorder (MDD) and schizophrenia. Her expertise in neuropsychiatry is expected to be invaluable as the company progresses towards commercializing navacaprant and advancing its pipeline in various disease areas.
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Neumora Therapeutics, Inc. (NMRA) to present at 42nd Annual J.P. Morgan Healthcare Conference
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Neumora Therapeutics, Inc. (Nasdaq: NMRA) appoints Jason Duncan as chief legal officer, bringing over two decades of legal, compliance, development, and operations experience in the life sciences industry. Mr. Duncan's background includes roles at Albireo Pharma, Stallergenes Greer Holdings, Sobi, Inc., EMD Serono, Inc., Acushnet Company, Nixon Peabody LLP, and Peabody & Arnold LLP. He holds a J.D., magna cum laude, from Suffolk University Law School and a B.A. in Political Science from Dickinson College.
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Neumora Therapeutics, NMRA-266, a positive allosteric modulator of the M4 muscarinic receptor, has initiated a Phase 1 study for the treatment of schizophrenia and other neuropsychiatric disorders. The compound has shown high potency and selectivity in pre-clinical studies, indicating strong potential for antipsychotic efficacy with minimized side effects.
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Neumora Therapeutics, Inc. announced financial results for Q3 2023, with a net loss of $53.0 million. They have a strong balance sheet with $519.5 million in cash, cash equivalents, and marketable securities, expected to support operations until 2026. The company is progressing their Navacaprant Phase 3 KOASTAL program for major depressive disorder and plans to initiate a Phase 2 bipolar depression trial in 1H24. They are also advancing multiple preclinical neuropsychiatric and neurodegeneration programs. Neumora completed their initial public offering and raised over $850 million. They have announced key leadership appointments, including the addition of Robert Lenz, M.D., Ph.D., as executive vice president, head of R&D.
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Neumora Therapeutics, Inc.

Nasdaq:NMRA

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1.56B
82.16M
28.77%
48.82%
3.1%
Medicinal and Botanical Manufacturing
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United States of America
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