$NRXP Full Press Release: NRx Pharmaceuticals, Inc.

New Post Public Reply Private Reply Replies (0) Message Board
trooperstocks
80
$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

Maritime Launch Takes Flight with TSX Listing

Updated Category News Views 28

Turning Point for Maritime Launch Services It's a new dawn for Maritime Launch Services, folks. They're gearing up to list on the Toronto Stock Exchange (TSX) come November 3, under the ticker "MAXQ." It’s like they're strapping rockets to their business model, and it ain’t just for show. A Strategic Move with High Hopes Listing on the TSX isn’t a mere vanity...

Continue Reading
Empowering Global Health: Hainan's 2026 Women's Focus

Updated Category News Views 46

Hainan Hosts a Health Heavyweight Meet Boao, Hainan, not typically on the financial radar, just played host to a global heavyweight—the 2026 International Exchange on Women and Children's Health. While the Wall Street gang's eyes are trained on market tickers, this gathering carried significant strategic weight worth monitoring. This conference attracted over 170 key...

Continue Reading
HIZENERGY Sustains Tier 1 Status Amid Tighter Criteria

Updated Category News Views 101

Another Feather in HIZENERGY's Cap In a landscape where credibility can make or break a business, HIZENERGY has once again staked its claim as a powerhouse. Come Q4 2026, and despite a rougher sea to navigate with BloombergNEF’s (BNEF) upgraded Tier 1 criteria, the company held its own. For those unacquainted, securing a place on this lofty list involves some serious...

Continue Reading
Ericsson's Drone Tech and Share Buybacks: Impact & Insight

Updated Category News Views 33

Ericsson's Latest Move into Drone Detection Brace yourself, folks! Ericsson is taking things to a whole new altitude, literally. They're bringing drone detection capabilities right to our mobile networks. It's like they're transforming our standard network towers into stealthy drone spotters. Think about a mobile network that not only keeps your calls from dropping but...

Continue Reading
Check Point Q3 2026 Results: Subtle Shifts or a Turning Point?

Updated Category News Views 135

Digging Deeper into Check Point's Latest Figures When Check Point Software Technologies Ltd. (NASDAQ:CHKP) throws numbers at the wall, not everything sticks, but there's always something telling. The Q3 financial results for 2026 are out, and it's a mixed bag—coffee’s getting cold before you parse through it. Revenue and Subscription Dynamics Let's cut to it: total...

Continue Reading
NuvoAutoLinQ Transforms Device Connectivity Management

Updated Category News Views 0

Leapfrogging the Connectivity Conundrum Picture this: you're staring at a payment terminal that's just as lifeless as your teenager's enthusiasm on a Monday morning. The signal's full bars, yet the device's not connecting. Classic story in the world of connected devices, right? Actually, no more. Enter NuvoLinQ with its snazzy new showcase: NuvoAutoLinQ. This tech...

Continue Reading
Wujiang Celebrates 90 Years of Fei Xiaotong's Legacy

Updated Category News Views 118

If you thought anniversaries were just about looking back, think again! In Wujiang, November 1st was all about forging ahead. Scholars and local officials weren't just reminiscing about Fei Xiaotong's landmark field study at Jiangcun 90 years ago; they were strategizing how to apply the sociologist's insights to today's economic and community challenges. Marking a Legacy...

Continue Reading
HashKey and RD Tech Partner for RDUSD Expansion

Updated Category News Views 247

A Partnership with Serious Implications Here's a fresh duo in the financial frontier—HashKey On-Chain and RD Technologies are teaming up in a bid to push the RDUSD stablecoin into the heart of cross-border trade and finance. And why does it matter? Well, in the wild west of digital finance, stablecoins are the solid ground, and these two are planting their flag. It's a...

Continue Reading
Isinwheel's 2027 E-Mobility Pitch: Beyond Resolutions

Updated Category News Views 163

Embracing the E-Mobility Shift Here we are at the tail end of 2026, and isinwheel is riding high on the wave of New Year resolutions with their hefty e-mobility lineup. It's not just about buying the gear—it's about tackling our reliance on gas-guzzlers with electric scooters and bikes as our trusty steeds. "Reduce car trips? More greenery in your commute? These aren't...

Continue Reading
China's Innovation Surge: Game Changer for Global Markets

Updated Category News Views 188

The Bold Shift in China's Economic Landscape Well, here's the scoop: China isn't just the world's assembly line anymore; it's gearing up to be a top-tier innovation hub. On the surface, might seem like another geopolitical spiel, but dig a little and you'll find it's a serious shake-up for global markets. We're talking about more than just products rolling out of...

Continue Reading

Top 5 Most Recently Viewed Articles

Farmers Insurance Exchange Investigated for Data Breach Issues

Updated Category News Views 193

Investigation of Farmers Insurance Exchange Regarding Data Breach Bragar Eagel & Squire, P.C., a prominent litigation firm, is currently looking into the recent data breach incident involving Farmers Insurance Exchange. The firm emphasizes that anyone affected should not hesitate to reach out for legal assistance. Details Surrounding the Breach On a significant date in...

Continue Reading
Rapidan Energy Group Welcomes New Experts to Its Leadership Team

Updated Category News Views 224

Rapidan Energy Group Strengthens Team with New Additions Rapidan Energy Group is excited to share the news of its newest team members, Richard W. Powers, Bryson L. Rexwinkle, and Kenya Schott. With the appointment of these industry veterans, the firm continues to invest in enhancing its capabilities and services. These hires signify not only growth but also the company's...

Continue Reading
Congress Steps Up to Support Small Businesses Amid Crisis

Updated Category News Views 57

Congress Replenishes Disaster Relief Funds for Small Businesses In a significant move, Congress is working diligently to restore funds that have been depleted from the SBA Economic Disaster Loan Program. This effort comes in response to the severe challenges that small businesses are facing in regions recently impacted by catastrophic hurricanes. The aim is to provide...

Continue Reading
Data Breach at VisionPoint Eye Center Involving Patient Info

Updated Category News Views 283

Data Breach Overview at VisionPoint Eye Center Recently, VisionPoint Eye Center came under scrutiny due to a significant data breach that potentially compromised personal information of its patients. This incident highlights the importance of data security in healthcare institutions and underscores the vulnerability of sensitive information. What Happened? VisionPoint Eye...

Continue Reading
Exploring the Growth and Innovation in Blood Pressure Cuffs

Updated Category News Views 179

Overview of the Blood Pressure Cuffs Market The Blood Pressure Cuffs Market is experiencing substantial growth, growing from approximately $0.6 billion in 2024 to an anticipated $1.3 billion by 2032, representing a compound annual growth rate (CAGR) of 9.0% during the forecast period. This impressive expansion is mainly propelled by the increasing prevalence of chronic...

Continue Reading