Clinical TrialsThe company announced final positive clinical trials data in its Phase 2b/3 Clinical Trial of NRX-101 vs. Lurasidone for Treatment of Suicidal Bipolar Depression.
PartnershipThe company announced a major partnership with Alvogen Pharmaceuticals and Lotus Pharmaceuticals for global development and commercialization of NRX-101 in suicidal bipolar depression with the potential for up to $330 million in milestones and double-digit royalties.
ValuationCurrent valuation attractive: maintaining BUY rating, with a 12-month price target representing significant upside from the current share price.