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. reports clinical, regulatory, manufacturing, and subsidiary developments for a biopharmaceutical business focused on neuroplastic therapies for depression, PTSD, suicidality, and related conditions. Company updates center on NRX-100 preservative-free ketamine, NRX-101 as a D-cycloserine/lurasidone fixed-dose combination, FDA communications, generic-drug and new-drug application pathways, and clinical work involving treatment-resistant depression and suicidality.
Recurring news also covers commercial manufacturing preparations, drug-shortage context for ketamine injection, robotic-enabled transcranial magnetic stimulation initiatives through NRx Defense Systems, and interventional psychiatry activity through HOPE Therapeutics. Additional company developments include partnerships involving digital monitoring tools, leadership appointments, and research programs serving military, first-responder, and broader behavioral-health settings.
NRx Pharmaceuticals (NASDAQ: NRXP) announced on Nov. 4, 2021, that the FDA declined to grant Emergency Use Authorization (EUA) for its COVID-19 treatment, ZYESAMI (aviptadil). The FDA cited insufficient data regarding the drug's benefits and risks in critically ill patients. NRx plans to submit data from additional patients treated in the NIH ACTIV-3b trial for FDA review. The ongoing trial has enrolled over 300 patients and reported no new safety issues. NRx is pursuing regulatory approval while making ZYESAMI available under Right to Try laws.
NRx Pharmaceuticals (NASDAQ: NRXP) reported positive safety findings for ZYESAMI® (aviptadil) from the NIH-sponsored ACTIV-3b Phase 3 study, with no new safety concerns noted in over 300 patients. The Independent Data Safety Monitoring Board recommended continued enrollment, reinforcing ZYESAMI's safety for Critical COVID-19 patients lacking alternative treatments. As of now, nearly 600 patients have been treated without unexpected serious adverse events. NRx submitted a request for Emergency Use Authorization for ZYESAMI on May 31, 2021, which is still pending.
NRx Pharmaceuticals (Nasdaq: NRXP) announced peer-reviewed results highlighting the efficacy of aviptadil in treating respiratory failure in Critical COVID-19 cases. The study found a 60-day survival rate of 81% for aviptadil-treated patients, compared to 21% for standard care (P.0001). Additional benefits included significant improvements in respiratory distress and cytokine levels. Conducted at Houston Methodist Hospital, the trial focused on high-risk patients with comorbidities who had not responded to other treatments. Aviptadil demonstrated rapid respiratory function improvements with no severe drug-related adverse events reported.
On October 12, 2021, NRx Pharmaceuticals (NRXP) announced the submission of a revised Investigational New Drug module to the FDA for ZYESAMI™ (aviptadil), confirming Nephron Pharmaceuticals' capacity for commercial-scale production. This module supports the FDA's rolling review for the New Drug Application of ZYESAMI.
Additionally, an EU QP Auditor completed a successful inspection of a separate manufacturing facility, which is a critical step for ZYESAMI's approval in the EU and UK.
NRx Pharmaceuticals (NRXP) announced a positive safety update for ZYESAMI™ (aviptadil) during its ACTIV-3b critical care study, led by the NIH. The Independent Data Safety Monitoring Board reviewed 231 patients and reported no new safety concerns, recommending continued enrollment. This follows the safety database growing to over 500 patients with no serious adverse events linked to the drug. ZYESAMI™ is being tested in hospitalized patients with acute respiratory failure due to COVID-19, alongside remdesivir. The announcement emphasizes NRx's commitment to advancing COVID-19 treatments.
NRx Pharmaceuticals (Nasdaq: NRXP) reported promising one-year results for ZYESAMI™ treatment in COVID-19 patients with high comorbidity. A trial showed a statistically significant 3-fold increase in survival rates, with 60% alive post-treatment compared to 20% on standard care. Conducted from June to September 2020, the study demonstrates ZYESAMI's potential in critical cases. These findings align with previous data showing improved survival at 60 days. ZYESAMI is currently under FDA review for Emergency Use Authorization.
IQVIA announced a significant collaboration with NRx Pharmaceuticals to support pharmacovigilance and medical information for the potential emergency use authorization (EUA) of ZYESAMI, a treatment for COVID-19 patients. This partnership leverages IQVIA's extensive data and analytics capabilities to enhance compliance and support regulatory actions as the pandemic continues. NRx appreciates IQVIA's global reach, which will assist in delivering critical treatments to patients in need.
NRx Pharmaceuticals (NRXP) announced its participation in the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. The event will include a virtual on-demand presentation and one-on-one investor meetings, with the presentation available starting September 13 at 7 AM EST. NRx is developing treatments for COVID-19 and bipolar depression, with investigational products ZYESAMI™ and NRX-101 currently in advanced trials. The company leverages extensive experience from executives with backgrounds at major pharmaceutical firms.
NRx Pharmaceuticals (NRXP) has entered a partnership with Cardinal Health to facilitate third-party logistics and distribution for its drug ZYESAMI™ pending potential Emergency Use Authorization (EUA) from the FDA. This agreement is expected to enhance access to ZYESAMI™ for patients with Critical COVID-19, leveraging Cardinal Health's extensive distribution network, which covers over 90% of U.S. hospitals. The deal aims to expedite treatment for COVID-19 patients in critical care, aligning with NRx's ongoing FDA application process for ZYESAMI™.
NRx Pharmaceuticals (Nasdaq: NRXP) has successfully completed a private placement, raising $30 million by selling 2,727,273 shares of common stock at $11.00 each. Investors also received unregistered preferred investment options, exercisable at $12.00 for three years. This funding is intended to advance three late-stage assets, including a Fast Track treatment for severe COVID-19 cases, a vaccine targeting COVID-19 variants, and a therapy for suicidal bipolar depression and PTSD. H.C. Wainwright & Co. served as the exclusive placement agent for the offering.