NRx Pharmaceuticals Advances KETAFREE™ Drug Application
NRx Pharmaceuticals Re-Files ANDA for KETAFREE™
NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) has re-filed its Abbreviated New Drug Application (ANDA) with the U.S. Food and Drug Administration (FDA) for KETAFREE™, an innovative preservative-free IV ketamine formulation. This re-filing aligns with the growing demand for products free from toxic preservatives, emphasizing health safety in line with recent HHS initiatives.
Addressing Drug Shortages
The re-filing follows significant FDA interactions and the approval of NRx's Suitability Petition regarding the strength of its preservative-free ketamine. This strategic product aims to address the current drug shortage of ketamine in the U.S., anticipated to continue in the foreseeable future. The ketamine market, currently valued at approximately $750 million, is projected to surge to about $3.35 billion globally by 2034.
Importance of Preservative-Free Formulation
KETAFREE™ is part of NRx's commitment to developing a drug that eliminates the inclusion of harmful preservatives like benzethonium chloride, which has been associated with neurotoxic and cytotoxic effects. The company's recent petition to the FDA seeks to remove such substances from all formulations of intravenous ketamine utilized in medical settings.
Reshoring Drug Manufacturing
In light of the strategic importance of having critical drugs manufactured domestically, NRx is also embracing the trend of reshoring production within the U.S. This initiative ties back to a Presidential Executive Order issued in 2025, which highlights the need for manufacturing essential medications like ketamine on American soil.
Distinct Formulations and Clinical Development
It is crucial to note that the formulation detailed in this ANDA is separate from that under the New Drug Application (NDA) for NRX-100, which has recently received Fast Track Designation for the treatment of suicidal ideation in patients suffering from depression and bipolar disorder. Should the approvals for both the ANDA and NDA be granted, they will yield different commercial products with unique pathways.
CEO's Outlook on KETAFREE™ Market Potential
Jonathan Javitt, MD, MPH, Chairman and CEO of NRx Pharmaceuticals, expressed excitement regarding the swift response from the FDA to their petition, showcasing confidence in moving KETAFREE™ to market. Emphasizing its significance, he noted, "KETAFREE™ aims to replace outdated formulations reliant on neurotoxic preservatives, positioning us for long-term impact in mental health treatments."
About NRx Pharmaceuticals
NRx Pharmaceuticals, Inc. focuses on developing therapies utilizing its NMDA platform aimed at treating central nervous system disorders. The company is particularly dedicated to challenges such as suicidal depression, chronic pain, and PTSD. Their innovations, including NRX-100 and NRX-101, show promise for providing effective treatments for these critical health issues, garnering recognition from health authorities.
Contact Information
For further details, please contact:
Matthew Duffy, Chief Business Officer, NRx Pharmaceuticals
Email: mduffy@nrxpharma.com
Brian Korb, Managing Partner, astr Partners
Phone: (917) 653-5122
Email: brian.korb@astrpartners.com
Frequently Asked Questions
What is KETAFREE™?
KETAFREE™ is a preservative-free IV ketamine formulation developed by NRx Pharmaceuticals aimed at improving patient safety.
Why is NRx refiling their ANDA?
The re-filing aims to gain FDA approval for their novel formulation amidst a significant market need and existing drug shortages.
What risks are associated with traditional ketamine formulations?
Traditional formulations may include toxic preservatives that pose neurotoxic and cytotoxic risks to patients.
How does NRXP plan to tackle the drug shortage?
NRXP aims to manufacture their products domestically, focusing on a strategic approach to address the ongoing shortages in the ketamine market.
What are the expectations for the future ketamine market?
The ketamine market is projected to grow substantially, reaching around $3.35 billion by 2034, reflecting increasing clinical use.
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