NRx Pharmaceuticals

Medicines for Life-threatening CNS Diseases

Health Tech & Life Sciences
Public on NASDAQ on May, 2021
Public Haifa, Israel Founded 2014
Last updated 2026-06-18
Total raised
$176.2M
Last: 2024-08
Stage
Public
Founded
2014
Headcount
14
HQ
Haifa, Israel
Sector
Health Tech & Life Sciences

About

NeuroRX is a specialized CNS biopharma company, resolutely focused on meeting very high unmet medical needs for those with severe bipolar depression with suicidality and post-traumatic stress disorder (PTSD).

The company growing pipeline is powered by its proprietary, dual-targeted mechanism of action, which safely modulates the NMDA and 5HT2A receptors. Its mission is to bring hope to people with life-threatening diseases through breakthrough science.

Funding history · 5 rounds · $176.2M total

2024-08
$16.0M
2024-03
2023-06
2022-11
$11.0M
2022-01

Q&A

What was the most recent funding round for NRx Pharmaceuticals?
NRx Pharmaceuticals completed a funding round in August 2024, raising $16,000,000.
What was the most recent public offering by NRx Pharmaceuticals?
In April 2024, NRx Pharmaceuticals had a public offering on NASDAQ, raising $2,000,000.
What is the primary focus of NRx Pharmaceuticals?
NRx Pharmaceuticals is a specialized CNS biopharma company focused on meeting unmet medical needs for severe bipolar depression with suicidality and post-traumatic stress disorder (PTSD).
How many employees does NRx Pharmaceuticals have?
NRx Pharmaceuticals has 11-50 employees.
When did NRx Pharmaceuticals go public?
NRx Pharmaceuticals went public on NASDAQ in May 2021, with a valuation of $1,500,000,000 through a SPAC merger with Big Rock Partners Acquisition Corporation.
What is the current market capitalization of NRx Pharmaceuticals?
The current market capitalization of NRx Pharmaceuticals is $80,229,957.
What is NRX-101 being developed for?
NRX-101 is being developed for the treatment of chronic pain, with NRx Pharmaceuticals announcing FDA permission to proceed on an Investigational New Drug (IND) application in October 2023.
What recent acquisition did HOPE Therapeutics, an NRx Pharmaceuticals subsidiary, complete?
In September 2025, HOPE Therapeutics, a subsidiary of NRx Pharmaceuticals, completed the acquisition of Dura Medical, marking an initial acquisition in its network of interventional psychiatry clinics.

Team · 2

Daniel C. Javitt, Prof., M.D., Ph.D
Founder · Chairman & Co-Founder
Jonathan C. Javitt, M.D., M.P.H., Ph.D
Founder · Co-Founder
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Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Technologies
BiologicalsMolecules
Target customers
Healthcare & Life SciencesHealthcarePatientsProviders
Business model
B2B

Highlights

1 PatentsVerified

Tags

mental-healthpsychiatrypharmaceuticalsschizophreniachronic-pain
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