$NRXP Full Press Release: NRx Pharmaceuticals, Inc.

New Post Public Reply Private Reply Replies (0) Message Board
trooperstocks
89
$NRXP Full Press Release: NRx Pharmaceuticals, Inc. (NASDAQ:NRXP) Re-Files Abbreviated New Drug Application (ANDA) for KETAFREE(TM), Preservative-Free IV Ketamine
NRX Pharmaceuticals Inc. (NRXP)

KETAFREE™ to provide innovative, preservative-free IV ketamine formulation, eliminating toxic preservatives, in keeping with current HHS priorities to eliminate toxic preservatives from foods and drugs

Filing is based on FDA interaction and approval of Suitability Petition for NRx’s proposed strength of preservative-free ketamine

This presentation of ketamine represents a reshoring of a strategically important drug to the US, in keeping with the Presidential Executive Order signed on May 5, 2025.

Ketamine faces a current US drug shortage not expected to abate in the near future 1
Current ketamine market estimated at $750 million and projected to reach $3.35 billion globally in 2034. 2 NRx anticipates marketing KETAFREE™ for currently approved ketamine indications

The Company has filed a citizen’s petition with the FDA to remove benzethonium chloride, a known neurotoxic and cytotoxic substance, from all presentations of ketamine intended for intravenous use

This formulation of ketamine is distinct from the formulation used in the ongoing NDA submission for NRX-100 in suicidal ideation in depressed patients, including bipolar depression, which was recently granted Fast Track designation by the FDA


WILMINGTON, Del., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP), a clinical-stage biopharmaceutical company, today announced the re-filing of its Abbreviated New Drug Application (ANDA) to the U.S. Food and Drug Administration (FDA) for KETAFREE™, its preservative-free IV ketamine formulation, for use in all existing approved indications. The filing follows FDA grant of approval of its Suitability Petition for NRx’s proposed strength of preservative-free ketamine.

The current annual ketamine market is estimated at $750 million, with global demand for ketamine projected to grow to $3.35 billion by 2034. This does not include the widespread use of compounded ketamine by clinics unable to obtain manufactured drug. NRx aims to capture a significant share of the current market. According to a 2021 survey, an estimated 5.1 million Americans had received ketamine for medical uses in their lifetime 3 , a number that continues to grow with increased clinical focus on this important medication. Ketamine currently faces a severe drug shortage according to the American Society of Hospital Pharmacists. Accordingly, NRx is seeking priority review from FDA.

The Company previously filed a citizen’s petition with the FDA to remove benzethonium chloride (BZT), a known neurotoxic and cytotoxic substance, from presentations of ketamine intended for intravenous use. The FDA has previously disallowed the use of BZT in hand cleansers and topical antiseptics. A related preservative, benzalkonium chloride has demonstrated corneal and conjunctival toxicity in artificial tears and glaucoma medications, leading to use of preservative-free alternatives. NRx has filed expert testimony from accredited toxicologists regarding the toxicity of BZT, which is not generally recognized as safe (GRAS) by the FDA. Removal of potentially harmful preservatives from foods is a stated priority in the MAHA report and HHS leadership has additionally targeted preservatives in vaccines. BZT was originally added to ketamine when it was first formulated in the 1970s to maintain stability and sterility using the container closure systems then available. NRx has demonstrated long term stability and sterility with a patented preservative-free formulation using modern manufacturing methods.

Return of strategic drugs to US manufacture (Reshoring) is a current US priority as stated in a Presidential executive order issued on May 5, 2025. This initiative particularly applies to drugs that are critical for inpatient care, such as ketamine. The NRx product is manufactured in partnership with Nephron Pharmaceuticals of West Columbia, SC.

The formulation filed under the ANDA is distinct from that used in the New Drug Application (NDA), for which the Company has received Fast Track Designation for Treatment of Suicidal Ideation in Depression, including Bipolar Depression. The Company anticipates submitting clinical trial data from more than 1,000 patients and real-world data from more than 180,000 patients in which ketamine demonstrated superiority to placebo and active placebo, with noninferiority to electroconvulsive therapy. Should both the ANDA and the NDA be approved, the resulting commercial products would have different, non-substitutable product numbers and different commercial paths.

“We appreciate FDA’s rapid response to our suitability petition and look forward to advancing our preservative-free ketamine presentation to market,” said Jonathan Javitt, MD, MPH, Chairman and CEO of NRx Pharmaceuticals. “KETAFREE™ is designed to replace older formulations that rely on potentially neurotoxic and cytotoxic preservatives for stability and sterility, and to reshore the manufacture of a strategically-important drug to the US. We have filed a US patent on our novel, preservative-free formulation, which anticipates three years of room-temperature shelf stability.”

About NRx Pharmaceuticals, Inc.

NRx Pharmaceuticals, Inc. (www.nrxpharma.com), is a clinical-stage biopharmaceutical company developing therapeutics based on its NMDA platform for the treatment of central nervous system disorders, specifically suicidal depression, chronic pain, and PTSD. The Company is developing NRX-100 (preservative-free intravenous ketamine) and NRX-101 (oral D-cycloserine/lurasidone). NRX-100 has been awarded Fast Track Designation for the treatment of Suicidal ideation in Depression, including Bipolar Depression. NRX-101 has been awarded Breakthrough Therapy Designation for the treatment of suicidal bipolar depression. NRx has recently had a Suitability Petition granted, allowing re-filing of an Abbreviated New Drug Application (ANDA), and initiated a New Drug Application filing for NRX-100 with an application for the Commissioner’s National Priority Voucher Program for the treatment of suicidal depression.

About HOPE Therapeutics, Inc.

HOPE Therapeutics, Inc. ( www.hopetherapeutics.com ), a subsidiary of NRx Pharmaceuticals, is a Healthcare delivery company that is building a best-in-class network of interventional psychiatry clinics to offer ketamine, transcranial magnetics stimulation (TMS), and other lifesaving therapies to patients with suicidal depression and related disorders, together with a digital therapeutic-enabled platform designed to augment and preserve the clinical benefit of NMDA-targeted drug therapy.

Notice Regarding Forward-Looking Statements

The information contained herein includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. The Company has reported regulatory milestones as they have been achieved but has not predicted the outcome of any future regulatory determination. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, including uncertainties and assumptions relating to the Company's operations, results of operations, growth strategy, and, among other things, liquidity. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC's website at http://www.sec.gov . Except as may be required by applicable law, the Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, whether as a result of new information, future events or otherwise.

For further information:

Matthew Duffy Brian Korb
Chief Business Officer, NRx Pharmaceuticals Managing Partner, astr Partners
mduffy@nrxpharma.com
(917) 653-5122
brian.korb@astrpartners.com
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Booming Door Market: $105.93B by 2031, Key Insights

Updated Category News Views 16

Introduction to the Future of the Door Industry Here's what gets me grinning—despite the market doomsayers, there's one industry that's swinging open new opportunities every year: doors. Projected to hit a whopping $105.93 billion by 2031, this market isn't just about hinges and handles. It's a sign of booming construction, urban development, and rising consumer...

Continue Reading
BioMarin Strikes Deal for New Fabry Disease Therapy

Updated Category News Views 25

BioMarin's Latest Moves in Rare Disease Therapies Now here's a plot twist in the biotechnology landscape. BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) just did what they do best—snagging rights to a promising enzyme therapy aimed at turning the tide for Fabry disease. In a deal that spoke volumes about their intentions, BioMarin is forking over a cool $70 million upfront...

Continue Reading
Grupo Simec 2026 Nine-Month Financial Surge Spells Change

Updated Category News Views 64

Sharp Climb in Net Income Sparks Interest Buckle up, folks. Grupo Simec's nine-month results for 2026 are a mixed bag of surprises and steady flows. Let’s break it down: the net income skyrocketed by a whopping 428% compared to the same period last year—jumping from Ps. 763 million to Ps. 4,028 million. That's a solid leap, and it’s largely due to turning a hefty...

Continue Reading
Fan Creations Shine: McLaren's Unique Livery Unveiled

Updated Category News Views 47

From Sticker Dreams to Racing Reality Some days bring surprises outside the typical ticker watch as those market charts get shoved aside, right when fans' stories race onto the scene. What McLaren and Velo cooked up for the Mexico City Grand Prix has got me pausing—a blend of motorsport passion and grassroots creativity. By unveiling the 'Livery of Dreams,' McLaren puts...

Continue Reading
Bluevua Partners with Orlando Solar Bears

Updated Category News Views 56

Bluevua Takes Aim at Bigger Waters Bluevua's move to partner with the Orlando Solar Bears ain't just some casual sponsorship. It’s a statement, loud and clear, that they're ready to play in the big leagues. By sliding into this relationship, they’re not only flexing their branding muscles but also tapping into a vibrant sports market. It’s a clever game plan to...

Continue Reading
West Fraser Tackles Grim Quarter: Indefinite Mill Closures

Updated Category News Views 163

Bracing For Impact: The Tough Truth About West Fraser's Recent Moves Things are looking a bit bleak over at West Fraser Timber Co. They've just dropped their Q3 2026 results, ringing the bell with a hefty $80 million loss. As if that wasn't enough, the company's decided to indefinitely curtail a couple of mills—one in Lanett, Alabama and the other in Leola, Arkansas....

Continue Reading
DAR Logs Massive 587,000 Service Hours Nationwide

Updated Category News Views 74

A Month of Patriotism and Service You've got to hand it to the Daughters of the American Revolution (DAR)—when they commit, they go all in. This year, they turned their usual Day of Service into a full-blown Month of Service, packing in over 587,000 hours of volunteering nationwide. From historic spots to food pantries, DAR members showed up, and honestly, it's the kind...

Continue Reading
Hehe Forum Stirs Global Harmony in Taizhou, China

Updated Category News Views 115

Reflecting on Hehe Culture's Impact Seems like everyone and their neighbor are flocking to Taizhou for the annual Hehe Culture Forum. It's not your run-of-the-mill gathering; more than 220 folks from 23 different countries showed up, diving deep into the murky waters of cultural exchange, global governance, and international cooperation. Now, if you think it's just...

Continue Reading
Hyundai and Texas Children's Boost Child Safety in Houston

Updated Category News Views 0

A Meaningful Partnership for Safer Houston Roads There's a good feeling about corporations genuinely pitching in for community welfare, and Hyundai teaming up with Texas Children's Hospital to boost child passenger safety around Houston is exactly that. Pairing philanthropy with safety is more than just a business move—it's a testament to human decency. With a $25,000...

Continue Reading
Ex-Guard Pushes Cost-Saving Grille Guards as Deer Season Hits

Updated Category News Views 5

Deer Season's Bumper Problem If you're driving a hefty pickup or van in the thick of deer season, forget looking at pretty autumn leaves. Instead, brace for the telltale thud—and the ensuing financial headache—that comes with a deer collision. Anyone who's tangled with such a mishap knows it's not just about the dent in your fender; it's about your wallet getting...

Continue Reading

Top 5 Most Recently Viewed Articles

Experience Epic Skiing with Mayrhofen and Hintertux Resorts

Updated Category News Views 197

Introducing Mayrhofen and Hintertux to the Epic Pass Exciting news for ski enthusiasts! Mayrhofen and Hintertux, located in Austria's renowned Zillertal ski region, are now part of the Epic Pass lineup. This selection offers ski and snowboard lovers access to some of the most breathtaking terrains in the Alps. Epic Pass Pricing and Benefits Epic Passes are currently...

Continue Reading
Black Girl Magic® Wines: Sweet Red Frizzante's Bold Rollout

Updated Category News Views 143

McBride Sisters Wine Company dropped a bombshell on Feb. 17, 2026, announcing the national rollout of their Sweet Red Frizzante under the popular Black Girl Magic Wines brand. This isn't just any wine; it's tailored for the fastest-growing demographic in U. S. wine consumption—bold and unapologetic. Frizzante Portfolio Expansion: What’s Brewing? This new addition...

Continue Reading
Federal Reserve Introduces New Tool to Manage Balance Sheet

Updated Category News Views 58

Understanding the Federal Reserve's New Tool The Federal Reserve is taking a closer look at its balance sheet with the introduction of a new analytical tool. By assessing the current state of liquidity among bank reserves, this tool, named Reserve Demand Elasticity, aims to inform the Fed's ongoing efforts in managing its substantial holdings of bonds. What is Reserve...

Continue Reading
MCH Group Reports Promising Half-Year Results and Outlook

Updated Category News Views 301

MCH Group's Remarkable Half-Year Profit Increase MCH Group has demonstrated a remarkable ability to increase its half-year profit, enhancing overall profitability despite facing lower revenues. With an unwavering commitment to efficiency, MCH Group reported positive results for the third consecutive half-year, signaling a strong recovery following previous financial...

Continue Reading
Dorel Industries Secures $30 Million in Strategic Financing

Updated Category News Views 262

Dorel Industries' Strategic Financing Initiative Dorel Industries Inc. has recently announced a significant sale-leaseback transaction involving its manufacturing and warehousing facility located in Columbus. This move is poised to strengthen Dorel's financial positions as it navigates through challenging economic waters. Details of the Sale-Leaseback Transaction In the...

Continue Reading