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Vanda Pharmaceuticals Announces U.S. Commercial Availability of NEREUS™ (tradipitant), the First New Pharmacologic Treatment for People with Motion Sickness in More Than 40 Years

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Vanda Pharmaceuticals (Nasdaq: VNDA) announced U.S. commercial availability of NEREUS™ (tradipitant) on May 4, 2026 for the prevention of vomiting induced by motion in adults. The FDA approved NEREUS on December 30, 2025 after two Phase 3 trials conducted at sea. NEREUS is available by prescription via retail pharmacies and a direct-to-consumer portal at nereus.us, priced at a cash-pay $85 per dose through the portal versus a $255 list price per dose. Dosing is one or two capsules about an hour before travel.

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Positive

  • FDA approval received on Dec 30, 2025
  • Commercial availability nationwide via pharmacies and nereus.us
  • Cash-pay portal pricing of $85 per dose (vs $255 list)

Negative

  • Prescription-only access may limit over-the-counter convenience
  • Standard list price of $255 per dose could be costly without discount
  • Phase 3 efficacy shown in sea-travel trials only

News Market Reaction – VNDA

+8.00%
6 alerts
+8.00% Session close to close
+3.2% Peak in 2 hr 3 min
$420.95M Market Cap
3.23K Volume

In the May 4 session, VNDA gained 8.00%, reflecting a notable positive market reaction. Argus tracked a peak move of +3.2% during that session. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +8.0% in the session following this news. A strong positive reaction aligns with the...
Analysis

The stock moved +8.0% in the session following this news. A strong positive reaction aligns with the commercial significance of making NEREUS available nationwide following its December 30, 2025 FDA approval. The product targets an estimated 65–78 million U.S. adults and is supported by two pivotal Phase 3 trials. Investors may weigh this against prior $220.5 million net loss and an unused $200,000,000 shelf, which could influence views on future funding choices.

Key Figures

Cash-pay price: $85 per dose List price: $255 per dose 2025 revenue: $216.1 million +5 more
8 metrics
Cash-pay price $85 per dose Direct-to-consumer NEREUS pricing via nereus.us
List price $255 per dose Standard list price for NEREUS
2025 revenue $216.1 million Total 2025 revenue including Fanapt, HETLIOZ, PONVORY
Year-end cash & securities $263.8 million Cash and securities at 2025 year-end
2025 net loss $220.5 million Includes large non-cash tax valuation allowance
NEREUS FDA approval December 30, 2025 U.S. approval for prevention of motion-induced vomiting in adults
Shelf registration size $200,000,000 Maximum aggregate amount under Form S-3 shelf
U.S. adults affected 65–78 million Estimated Americans with motion sickness (25–30% of adults)

Historical Context

5 past events · Latest: Apr 29 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 29 Earnings call notice Neutral +0.7% Announcement of Q1 2026 results release date and conference call details.
Apr 28 Clinical data update Positive +3.1% NEJM Evidence publication of pivotal phase III imsidolimab GPP study results.
Apr 22 Board appointment Positive -2.0% Appointment of Charles Duncan to board, expanding membership and adding experience.
Apr 09 Regulatory advocacy Neutral +0.6% Company urges FDA to withdraw proposal extending drug review timelines.
Apr 08 Clinical trial start Positive +0.6% Initiation of Thetis Phase 2 trial of NEREUS for GLP‑1–induced vomiting.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent VNDA news has generally seen modest positive price reactions, with one notable divergence on a board appointment announcement.

Recent Company History

Over the last month, Vanda reported several milestones, including initiation of the Thetis trial for NEREUS, advocacy on FDA review timelines, publication of pivotal imsidolimab data, and board expansion. These events produced mostly small positive price moves, except a negative reaction to the board appointment. Today’s commercial launch of NEREUS in U.S. motion sickness care follows December 2025 FDA approval and continues the shift from development toward commercialization.

Key Terms

neurokinin-1 (nk-1) receptor antagonist, substance p, nk-1 receptors, phase 3, +1 more
5 terms
neurokinin-1 (nk-1) receptor antagonist medical
"NEREUS™, an oral neurokinin-1 (NK-1) receptor antagonist that offers a modern..."
A neurokinin-1 (NK-1) receptor antagonist is a type of drug that blocks a specific protein on nerve cells that normally responds to a signaling molecule called substance P; imagine it as putting a cap on a lock so that the key (substance P) can’t turn it. Investors watch these drugs because they can prevent or reduce symptoms like severe nausea, vomiting, or certain pain and mood-related conditions, making clinical trial results, approvals, and patent position key value drivers for companies developing them.
substance p medical
"This sensory mismatch is believed to trigger the release of substance P..."
A small signaling molecule produced by nerve and immune cells that acts like a messenger, alerting the body to pain and promoting inflammation. It matters to investors because drugs or tests that block, mimic, or measure this messenger can change treatment options, affect clinical trial outcomes, and influence revenue prospects for companies developing therapies for pain, migraine, respiratory or inflammatory conditions—similar to how intercepting a key message can alter the outcome of a plan.
nk-1 receptors medical
"which activates NK-1 receptors in the central nervous system..."
NK-1 receptors are protein 'locks' on the surface of certain nerve and immune cells that bind a natural signaling molecule called substance P; when that lock is turned it can trigger nausea, pain, inflammation and other body responses. Investors care because drugs that block these receptors act like keys that prevent those signals, making them valuable targets for treatments (for example anti-nausea or pain drugs) and their success in trials or approvals can drive a company's clinical and commercial prospects.
phase 3 medical
"following two pivotal Phase 3 clinical trials—Motion Syros and Motion Serifos..."
Phase 3 is the late-stage clinical testing step for a new drug or medical treatment, where the product is given to large groups of patients to confirm effectiveness, monitor side effects, and compare it to standard care. Successful Phase 3 results are often the final scientific hurdle before regulators decide on approval and market launch—like passing a final exam before graduation—and can sharply change a company's valuation and future revenue prospects.
phase 2 medical
"Prior Phase 2 data showed vomiting in 29.3% of tradipitant-treated participants..."
Phase 2 is the mid-stage clinical trial where a new drug or treatment is tested in a larger group of patients to see if it works and to keep checking safety after initial human testing. Think of it as a field test that proves whether a product actually delivers its promised benefit. Investors watch Phase 2 closely because its results strongly influence a medicine’s chances of reaching the market, the size of its potential sales, and the company’s valuation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Consumers can now order NEREUS™ directly at nereus.us

WASHINGTON, May 4, 2026 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced that NEREUS™ (tradipitant) is now commercially available across the United States for the prevention of vomiting induced by motion in adults, marking the first new prescription medicine approved for this condition in more than 40 years. An innovative direct-to-consumer order platform is now available through nereus.us.

Motion sickness affects an estimated 65 to 78 million Americans—roughly 25 to 30 percent of adults—during everyday travel by car, plane, or boat. For decades, patients have had no meaningful new treatment options. That changes today with NEREUS™, an oral neurokinin-1 (NK-1) receptor antagonist that offers a modern, targeted approach to a problem that has long lacked innovation.

"Today marks an important milestone for the tens of millions of Americans who experience motion sickness symptoms during common travel," said Mihael H. Polymeropoulos, M.D., President, CEO and Chairman of Vanda. "NEREUS™ is a selective, high-affinity antagonist of human substance P/neurokinin-1 (NK-1) receptors that can block the vomiting center of the brain. We are excited to make this innovative therapy available through both traditional pharmacy channels and our new direct-to-consumer platform at nereus.us, giving travelers, families, and anyone affected by motion sickness convenient access to a long-awaited solution."

NEREUS™ is available now by prescription directly through nereus.us and retail pharmacies nationwide. Through the dedicated direct-to-consumer portal at nereus.us, patients with a valid prescription can access NEREUS™ at a cash-pay price of just $85 per dose, a meaningful discount from the standard list price of $255 per dose.

Throughout history, motion sickness has repeatedly undermined military effectiveness and human exploration. During Napoleon's 1798 Egyptian campaign, soldiers in his newly formed camel corps—known as the "ships of the desert"—suffered debilitating nausea and vomiting from the animals' swaying gait, rendering many unfit for battle and even affecting Napoleon himself. On D-Day in 1944, thousands of Allied paratroopers endured violent air sickness during turbulent flights over the English Channel before they even reached Normandy. In the space age, nearly 70 percent of astronauts have faced space adaptation syndrome, a form of motion sickness that has challenged every major space program since the 1960s. For more than four decades, no new pharmacologic treatment emerged to address this ancient affliction—until today.

Motion sickness may occur when the brain receives conflicting signals from the eyes, inner ear, and body while on motion. This sensory mismatch is believed to trigger the release of substance P, which activates NK-1 receptors in the central nervous system and ultimately leads to nausea and vomiting. NEREUS™ works by blocking these receptors, interrupting the vomiting pathway.

The U.S. Food and Drug Administration approved NEREUS™ on December 30, 2025, following two pivotal Phase 3 clinical trials—Motion Syros and Motion Serifos—conducted under real-world conditions on the open sea. Both studies demonstrated that NEREUS™ significantly prevented vomiting compared to placebo, confirming the drug's effectiveness in actual sea travel conditions. It is the first new prescription option for people with history of motion sickness in over 40 years. It employs a novel mechanism as a selective, high-affinity antagonist of human substance P/NK-1 receptors. It offers simple dosing with just one or two capsules a day taken approximately an hour before travel.

The commercial availability of NEREUS™ marks a historic milestone in addressing this highly prevalent physiological reaction to motion that has plagued humans for millennia.

Visit nereus.us to access the direct-to-consumer portal and learn more about NEREUS™.

About Vanda Pharmaceuticals

Vanda is a leading global biopharmaceutical company focused on the development and commercialization of innovative therapies to address high unmet medical needs and improve the lives of patients. For more on Vanda Pharmaceuticals Inc., please visit www.vandapharma.com and follow us on X @vandapharma.

About NEREUS™

Indication and Important Safety Information for NEREUS™ (tradipitant) capsules.

INDICATION

NEREUS™ (NEER-ee-us) [tradipitant] is a prescription medication used for the prevention of vomiting induced by motion in adults.

IMPORTANT SAFETY INFORMATION

NEREUS™ may impair abilities required for driving a motor vehicle or operating heavy machinery. Combining NEREUS™ with sedatives or medications that increase NEREUS™ levels may increase this effect. If use together cannot be avoided, your doctor may warn against driving or operating heavy machinery.

The most common side effects associated with NEREUS™ include drowsiness, headache, and fatigue.

Tell your healthcare provider about all of the medicines you're taking. Strong CYP3A4 inhibitors may increase NEREUS™ levels and the risk of side effects.

Tell your healthcare provider about all of your health conditions, including if you have liver or kidney problems, or if you are pregnant, planning to become pregnant, or breastfeeding. There are limited data on NEREUS™ use in pregnant women.

Monitor breastfed infants for drowsiness.

The safety and effectiveness of NEREUS™ for the prevention of vomiting induced by motion in children have not been established.

NEREUS™ is not recommended in patients with liver problems or severe kidney problems.

Consumer Important Safety Information

You are encouraged to report side effects of prescription drugs to the FDA. To report side effects, contact Vanda Pharmaceuticals Inc. at 1-844-GO-VANDA (1-844-468-2632) or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.

For more information, ask your healthcare provider or call 1-844-468-2632.

This information does not take the place of talking with your healthcare provider for medical advice about your condition or treatment.

Download the full US Prescribing Information at nereus.us.

NEREUS™ (tradipitant) is a neurokinin-1 receptor antagonist FDA approved for the acute prevention of vomiting induced by motion in adults, and is currently in clinical development for a variety of other indications, including gastroparesis and the prevention of nausea and vomiting induced by GLP-1 receptor agonists. For full Prescribing Information and other resources, please visit nereus.us.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Various statements in this press release, including, but not limited to statements regarding the prevalence of motion sickness; the potential causes of motion sickness and the ways in which it may be triggered; and Vanda's further clinical development plans for NEREUS™ for various indications, including gastroparesis and vomiting induced by GLP-1 receptor agonists are "forward-looking statements" under the securities laws. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Forward-looking statements are based upon current expectations and assumptions that involve risks, changes in circumstances and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Vanda's forward-looking statements include, among others, the accuracy of the estimates of the prevalence of motion sickness; Vanda's assumptions regarding the causes of motion sickness and the ways in which it may be triggered; and Vanda's ability to continue to advance tradipitant in gastroparesis and the prevention of nausea and vomiting induced by GLP-1 receptor agonists. Therefore, no assurance can be given that the results or developments anticipated by Vanda will be realized, or even if substantially realized, that they will have the expected consequences to, or effects on, Vanda. Forward-looking statements in this press release should be evaluated together with the various risks and uncertainties that affect Vanda's business and market, particularly those identified in the "Cautionary Note Regarding Forward-Looking Statements", "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Vanda's most recent Annual Report on Form 10-K, as updated by Vanda's subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov.

All written and verbal forward-looking statements attributable to Vanda or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to herein. Vanda cautions investors not to rely too heavily on the forward-looking statements Vanda makes or that are made on its behalf. The information in this press release is provided only as of the date of this press release, and Vanda undertakes no obligation, and specifically declines any obligation, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Corporate Contact:

Kevin Moran
Senior Vice President, Chief Financial Officer and Treasurer
Vanda Pharmaceuticals Inc.
202-734-3400
pr@vandapharma.com

Jim Golden / Jack Kelleher / Dan Moore
Collected Strategies
VANDA-CS@collectedstrategies.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/vanda-pharmaceuticals-announces-us-commercial-availability-of-nereus-tradipitant-the-first-new-pharmacologic-treatment-for-people-with-motion-sickness-in-more-than-40-years-302760737.html

SOURCE Vanda Pharmaceuticals Inc.

FAQ

When did Vanda (VNDA) make NEREUS available in the U.S.?

NEREUS became commercially available on May 4, 2026. According to the company, it is now sold through retail pharmacies and a direct-to-consumer portal at nereus.us by prescription.

What is the FDA approval date for NEREUS (VNDA) and trial basis?

The FDA approved NEREUS on Dec 30, 2025. According to the company, approval followed two pivotal Phase 3 trials—Motion Syros and Motion Serifos—conducted under real-world sea-travel conditions.

How is NEREUS dosed and what condition does it treat for VNDA investors?

NEREUS is taken as one or two capsules about an hour before travel. According to the company, it is indicated to prevent vomiting induced by motion in adults.

How much does NEREUS cost through the Vanda direct-to-consumer portal?

Through the direct portal at nereus.us, NEREUS is offered at a cash-pay price of $85 per dose. According to the company, the standard list price is $255 per dose.

Where can patients with a VNDA prescription obtain NEREUS?

Patients can fill prescriptions at retail pharmacies or order via nereus.us. According to the company, the portal supports direct-to-consumer ordering for valid prescriptions across the U.S.